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N.J. college students get $2.9 billion in aid

New Jersey college students received more than $2.9 billion in financial aid in the 2012-13 school year, according to new data the state released this week.

New Jersey college students received more than $2.9 billion in financial aid in the 2012-13 school year, according to information the state released this week.

Students at the then-12 public four-year colleges and universities received $1,358,414,000, the state said. (The University of Medicine and Dentistry of New Jersey has since been dismantled and subsumed into Rutgers University and Rowan University.)

Community college students received $469,941,000, and those at private non-profit schools — including Princeton University and Rider University — received $1,015,299,000. Students at for-profit schools, including DeVry University and the University of Phoenix, received $106,658,000.

In total, New Jersey students received $2,950,312,000.

The Office of the Secretary of Higher Education posted the 2012-13 financial aid information to its data page Tuesday.

Federal sources accounted for $1,757,113,000 of the aid, including both grants and loans.

Schools' institutional aid made up $760,640,000 of the money, largely in the form of grants.

State aid provided $450,559,000.