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

Figure 17 represents Inflation-Adjusted Maximum Pell Grant and Published Prices at Public and Private Nonprofit Four-Year Insitutions in 2017 Dollars, 1997-98 to 2017-18. For a corresponding Section 508-compliant data table, download the Excel spreadsheet

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.