Number of Recipients by Federal Aid Program, 2015-16

Federal education tax credits and deductions reach more students than the subsidized and unsubsidized Direct Loan programs combined and almost twice as many students as the Pell Grant program.

Figure 6A: Number of Recipients by Federal Aid Program (with Average Aid Received), 2015-16

Notes & Sources 

NOTES: Data on tax benefits are estimated for 2014-15. FSEOG and FWS amounts represent federal funds only. Institutions provide matching funds so the awards that students receive under these programs are larger than these federal aid amounts. Perkins Loans are made from revolving funds on campus. No new federal outlays have been provided since 2005-06, but originally the funds came partly from the federal government and partly from institutional sources.

SOURCES: See Notes and Sources for a list of sources of data on federal aid programs.

  • An estimated 13.8 million students benefited from federal education tax credits and deductions in 2015-16.