Description: Tags: Table1
Description: Tags: Table1
1973-74 through 1979-80 The 1991-92 award year saw the number of Title
As the eligible population expanded from freshman IV applicants rise to 7.8 million (an 8.9 percent
only in 1973-74 to all undergraduates attending increase over 1990-91). In 1992-93, the number of
Federal Pell Grant participating schools at least applicants rose 6.1 percent to 8.2 million (Figure
half-time in 1976-77, the number of aid recipients 5). The average grant increased from $1,530 in
increased from 176,000 to 1.9 million. The number 1991-92 to $1,543 in 1992-93. The maximum
of students submitting an official Federal Pell Federal Pell Grant for both of these years stayed
Grant application also rose slightly (from 3.6 the same at $2,400. Total expenditures increased
million in 1976-77 to 3.9 million in 1978-79). In from $5.793 billion in 1991-92 to $6.176 billion in
1979-80, the number of recipients qualifying for a 1992-93.
grant increased by 34 percent (from 1.893 million
to 2.537 million). The average grant increased In 1993-94, the number of students filing official
from $814 in 1978-79 to $929 in 1979-80. Actual applications for Title IV aid increased to 8.7
expenditures rose by $65 million from 1976-77 to million or a 6.3 percent increase. However, the
1978-79. 3.755 million recipients in 1993-94 represented a
6.2 percent decrease from the 4 million recipients
1980-81 through 1987-88 in 1992-93. The maximum allowable grant
Students submitting an official Federal Pell Grant decreased to $2,300. Average grant also decreased
application increased from 4.8 million in 1980-81 to $1,506. Total expenditures declined significantly
to 6.3 million in 1987-88. In 1980-81, 2.7 million to $5.7 billion, a decrease of 8.4 percent from
received aid. After a drop to 2.5 million in 1982- 1992-93.
83, the number had risen to 2.9 million in 1987-
88. In 1980-81, the average grant was $822; by 1994-1995
1987-88 the figure had risen to $1,303. Larger Figure 5 shows that the number of students
awards, and a slight rise in student participation submitting official applications increased 2.3
increased the total program expenditures to $4.75 percent to 8.9 million in the 1994-95 award year.
billion in 1987-88, a 57.2 increase from the 1980- The recipient population dropped to 3.674 million
81 figure. (a 2.1 percent decrease from 1993-94). In
continuance of a downward trend, both the average
1988-89 through 1993-1994 grant received and actual expenditures decreased.
In 1989-90, the number of applicants grew 4.0 Total expenditures dropped to $5.5 billion (a 2.4
percent to 6.8 million, with over 4.3 million of percent decrease from 1993-94), and the average
those applicants eligible to receive a grant in 1989- grant declined slightly to $1,502. The maximum
90. The maximum allowable grant increased from allowable grant remained the same at $2,300.
$2,200 in 1988-89 to $2,300 in 1989-90. The
average grant increased to $1,438. In 1990-91, the
number of applicants grew 5.3 percent to 7.1
million with over 4.5 million of those applicants
8.00
Applicants
7.00
Recipients
6.00
Number of Students (Millions)
5.00
4.00
3.00
2.00
1.00
0.00
1990-1991 1991-1992 1992-1993 1993-1994 1994-1995
Income ($)
Figure 5: Title IV Applicants and Federal Pell Grant Recipients by Award Year
AWARD PERIOD
FEDERAL PELL GRANT RECIPIENTS 176,000 567,000 1,217,000 1,944,000 2,011,000 1,893,000
NOTE: FOR 1993-1994, THE VALID APPLICANT COUNT INCLUDES 872,410 GRADUATE STUDENTS.
TABLE 1
FEDERAL PELL GRANT PROGRAM
SUMMARY STATISTICS FOR CROSS-YEAR REFERENCE
PART 2 OF 4
A W A R D PE R I O D
FEDERAL PELL GRANT RECIPIENTS 2,537,875 2,707,932 2,709,076 2,522,746 2,758,906 2,747,100
FUNDING LEVEL..................................... FULL $50 FLAT $80 FLAT STEPPED FULL FULL
FUNDING REDUCTION REDUCTION REDUCTION FUNDING FUNDING
NOTE: FOR 1993-1994, THE VALID APPLICANT COUNT INCLUDES 872,410 GRADUATE STUDENTS.
TABLE 1
FEDERAL PELL GRANT PROGRAM
SUMMARY STATISTICS FOR CROSS-YEAR REFERENCE
PART 3 OF 4
AWARD PERIOD
FEDERAL PELL GRANT RECIPIENTS 2,813,489 2,659,507 2,881,547 3,198,286 3,322,151 3,404,810
NOTE: FOR 1993-1994, THE VALID APPLICANT COUNT INCLUDES 872,410 GRADUATE STUDENTS.
TABLE 1
FEDERAL PELL GRANT PROGRAM
SUMMARY STATISTICS FOR CROSS-YEAR REFERENCE
PART 4 OF 4
AWARD PERIOD
NOTE: FOR 1993-1994, THE VALID APPLICANT COUNT INCLUDES 872,410 GRADUATE STUDENTS.