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Appropriations
Appropriations
Fiscal Year 2007 : $12,606,713,000
Fiscal Year 2006 : $17,345,230,000
Fiscal Year 2005 : $12,364,997,000
Note: The amount for FY 2006 includes $4.3 billion to retire prior-year funding shortfalls.
Awards Information
2007
Note: The Department is not bound by any estimates in this notice.
Amount of Aid Available: $13,989,305,000
Amount of Aid Available represents the amount of funds awarded to participants in the Federal
Student Aid programs. Depending upon the program, this total may include federal appropriated dollars,
institutional or state matching dollars, and federal or private loan capital.
Number of New Awards Anticipated: 5,339,000
Average New Award: $2,620
Range of New Awards: $400–$4,310
Note: FY 2007 Awards Information reflects final appropriations action that occurred after the completion of the fiscal year 2008 President's Budget.
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