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Appropriations
Fiscal Year 2007: $65,471,000
Fiscal Year 2006: $65,471,000
Fiscal Year 2005: $66,132,000
Note: Funding in FY 2005–2007 is limited to Perkins Loan Cancellations. No funds were appropriated for new Federal Capital Contributions
Awards Information
Fiscal Year 2007
Note: The Department is not bound by any estimates in this notice.
Amount of Aid Available: $1,105,000,000
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: 501,000
Average New Award: $2,206
Range of New Awards: Up to $4,000 per year for undergraduates; up to $6,000 per year for graduate students.
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