Archived Information

Financing Postsecondary Education: The Federal Role - October 1995

Table 1. Aid Awarded to Postsecondary Students in Current Dollars
(in Millions)

Academic Year
Federally Supported Programs	1985-86	1986-87	1987-88	1988-89	1989-90	1990-91	1991-92	1992-93	Estimated 1993-94	Preliminary 1994-95
Generally Available Aid
Pell Grants	3,567	3,441	3,736	4,471	4,768	4,910	5,777	6,177	5,652	5,650
SEOG	410	400	419	422	445	453	498	554	564	554
SSIG	76	73	75	72	71	59	62	71	72	73
CWS	656	629	635	625	663	728	760	780	771	760
Perkins Loans	703	763	805	874	903	870	868	892	919	972
Income Contingent Loans	0	0	5	5	6	6	5	5	0	0
Ford Direct Student Loans	0	0	0	0	0	0	0	0	0	1,737
(Subsidized Stafford Loans)	0	0	0	0	0	0	0	0	0	(1,089)
(Unsubsidized Stafford Loans)	0	0	0	0	0	0	0	0	0	(478)
(PLUS)	0	0	0	0	0	0	0	0	0	(170)
Family Education Loans	8,839	9,102	11,385	11,985	12,151	12,669	13,993	14,914	21,182	22,936
(Subsidized Stafford Loans)	(8,328)	(8,330)	(9,119)	(9,319)	(9,508)	(10,002)	(10,805)	(10,937)	(14,123)	(14,104)
(Unsubsidized Stafford Loans)	0	0	0	0	0	0	0	(323)	(2,033)	(7,139)
(SLS)	(269)	(520)	(1,830)	(2,015)	(1,835)	(1,710)	(2,022)	(2,375)	(3,477)	(32)
(PLUS)	(242)	(252)	(436)	(651)	(808)	(957)	(1,165)	(1,279)	(1,550)	(1,660)
Subtotal	14,251	14,408	17,060	18,455	19,007	19,694	21,963	23,392	29,161	32,681
Specially Directed Aid
Veterans	864	783	762	724	790	679	876	1,037	1,192	1,410
Military	342	361	349	341	364	369	394	393	405	421
Other Grants	67	74	92	102	110	118	160	162	168	186
Other Loans	372	316	298	332	355	345	367	411	456	405
Subtotal	1,646	1,534	1,502	1,498	1,620	1,510	1,796	2,003	2,221	2,423
Total Federal Aid	15,897	15,942	18,562	19,952	20,627	21,204	23,759	25,395	31,382	35,104
State Grant Programs	1,311	1,432	1,503	1,581	1,719	1,860	1,968	2,125	2,375	2,665
Institutional and Other Grants	2,962	3,371	3,808	3,978	4,951	5,761	6,679	7,485	8,233	9,057
Total Federal, State, and Institutional Aid	20,169	20,745	23,873	25,511	27,297	28,825	32,406	35,006	41,990	46,826