Maximum Pell Grant and Published Prices at Four-Year Institutions over Time
The percentage of average public four-year in-state published tuition and fees covered by the maximum Pell Grant declined from 87% in 1997-98 to 70% in 2007-08 and to 59% in 2017-18.
Figure 17: Inflation-Adjusted Maximum Pell Grant and Published Prices at Public and Private Nonprofit Four-Year Institutions in 2017 Dollars, 1997-98 to 2017-18
Notes & Sources
SOURCES: U.S. Department of Education, Federal Pell Grant Program End-of-Year Report, 2015-16; Federal Student Aid Data Center, Title IV Program Volume Reports and Aid Recipients Summary; College Board, Trends in College Pricing 2017.
- The percentage of average private nonprofit four-year published tuition and fees covered by the maximum Pell Grant declined from 20% in 1997-98 to 18% in 2007-08 and to 17% in 2017-18.