Archived Information

Financing Postsecondary Education: The Federal Role - October 1995

TABLE 2. Aid Awarded to Postsecondary Students in Constant 1994 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	4,866	4,590	4,786	5,477	5,570	5,436	6,199	6,427	5,731	5,570
SEOG	559	533	537	518	520	501	535	576	572	546
SSIG	103	97	97	89	83	65	67	74	73	72
CWS	895	839	814	766	775	806	815	812	782	749
Perkins Loans	959	1,018	1,031	1,070	1,054	964	931	928	932	958
Income Contingent Loans	0	0	6	6	6	6	5	5	0	0
Ford Direct Student Loans	0	0	0	0	0	0	0	0	0	1,712
(Subsidized Stafford Loans)	0	0	0	0	0	0	0	0	0	(1,073)
(Unsubsidized Stafford Loans)	0	0	0	0	0	0	0	0	0	(471)
(PLUS)	0	0	0	0	0	0	0	0	0	(168)
Family Education Loans	12,056	12,141	14,584	14,681	14,196	14,028	15,015	15,518	21,480	22,613
(Subsidized Stafford Loans)	(11,360)	(11,112)	(11,681)	(11,415)	(11,108)	(11,075)	(11,594)	(11,381)	(14,321)	(13,906)
(Unsubsidized Stafford Loans)	0	0	0	0	0	0	0	(336)	(2,061)	(7,039)
(SLS)	(367)	(694)	(2,344)	(2,468)	(2,143)	(1,894)	(2,170)	(2,471)	(3,526)	(32)
(PLUS)	(330)	(336)	(559)	(797)	(944)	(1,059)	(1,250)	(1,331)	(1,572)	(1,637)
Subtotal	19,439	19,219	21,854	22,606	22,206	21,806	23,567	24,340	29,571	32,221
Specially Directed Aid
Veterans	1,178	1,045	976	887	923	752	940	1,079	1,209	1,390
Military	467	481	447	417	426	408	422	409	411	415
Other Grants	92	98	118	125	128	130	171	169	170	184
Other Loans	508	422	382	407	415	382	394	428	462	400
Subtotal	2,245	2,046	1,924	1,835	1,892	1,672	1,927	2,085	2,252	2,388
Total Federal Aid	21,684	21,265	23,778	24,441	24,098	23,479	25,494	26,425	31,823	34,610
State Grant Programs	1,788	1,911	1,926	1,936	2,008	2,059	2,112	2,212	2,408	2,628
Institutional and Other Grants	4,040	4,496	4,878	4,873	5,784	6,379	7,166	7,788	8,349	8,929
Total Federal, State, and Institutional Aid	27,511	27,672	30,581	31,250	31,890	31,917	34,772	36,425	42,580	46,167