Asian-American college students have highest amount of unmet financial need, study finds

By Mythili Sampathkumar

Asian-American students face the largest gap between what they must pay for college and the financial resources available to them, a new study has found.

The December study examined Department of Education data for the 2015-2016 academic year and looked at “unmet need,” a measure of the “gap between the cost of college and all student resources that do not need to be repaid.”

It found that while the average low-income student at a public four-year university had unmet need of $12,792, the average low-income Asian-American student at those schools had unmet need of $16,756.

The trend held consistent no matter the student’s income level or the type of school attended, according to researchers at the Washington-based Center for Law and Social Policy (CLASP), though the size of the gap varied.

source: nbcnews.com