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“We know that times are hard, so that’s why we’re stepping up and putting more money into the pot each year,” said Amy Barnhart, director of Wright State University’s Office of Financial Aid.
In the past five years, the largest increases in financial aid offered by institutions have been an additional $31.5 million at the private University of Dayton for a total $84 million awarded last year, $18.7 million more by Miami University for a total $44.5 million, and $10 million by the University of Cincinnati for a total $32.8 million. The increases come as institutions also raise tuition and fees, hikes the state caps for public universities at 3.5 percent.
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