“Caucasian students receive more than three-quarters (76%) of all institutional merit-based scholarship and grant funding, even though they represent less than two-thirds (62%) of the student population.

Caucasian students are 40% more likely to win private scholarships than minority students. These statistics demonstrate that, as a whole, private sector scholarship programs tend to perpetuate historical inequities in the distribution of scholarships according to race.”
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The Distribution of Grants and Scholarships by Race