Total Federal, Institutional, Private and Employer, and State Grants over Time

Total grant aid to postsecondary students increased by 29% in inflation-adjusted dollars between 2008-09 and 2009-10 and by another 12% in 2010-11, but did not increase between 2010-11 and 2012-13.

Figure 5: Growth of Federal, Institutional, Private and Employer, and State Grant Dollars in 2012 Dollars, 1992-93 to 2012-13
Notes & Sources 

NOTE: Percentages may not sum to 100 because of rounding.

SOURCE: Table 1.

  • Total full-time equivalent (FTE) enrollments increased by 11% between 2008-09 and 2010-11 and declined by 2% over the next two years. Grant aid per FTE student increased by 30% between 2008‑09 and 2010-11 and by 1% between 2010-11 and 2012-13.
  • Total federal grant aid, which increased by 125% in constant dollars between 2007-08 and 2010‑11, declined by 9% in 2011-12 and by another 1% in 2012-13.
  • Federal grant aid constituted 40% of total grant aid to postsecondary students in 1992-93, and 20 years later, it is at 41%. However, in the intervening years, this percentage fell gradually to a low of 29% in 1999-2000 and 2000-01, increased from 33% to 43% between 2008‑09 and 2009-10, and peaked at 45% in 2010-11.
  • While federal grant aid to postsecondary students doubled in inflation-adjusted dollars between 2007-08 and 2012-13, state grant aid grew by only 11%.
  • Grant aid from colleges and universities in the form of discounts to their students grew from $13 billion in 1992-93 to $22 billion in 2002-03 and to $44 billion in 2012-13.