Expenditure on Federal Pell Grants U.S. 2023

In the academic year of 1982/83, expenditure on Federal Pell Grants totaled to 7.34 billion 2022 U.S. dollars. By the academic year of 2022/23, expenditure on Federal Pell Grants was up to 27.2 billion 2022 U.S. dollars.

Total expenditure on Federal Pell Grant Awards in the United States from 1981/82 to 2022/23 (in billion 2022 U.S. dollars)

Year	Total expenditure in billion 2022 U.S. dollars
2022-23	27.19
2021-22	27.93
2020-21	29.93
2019-20	32.53
2018-19	33.11
2017-18	34.23
2016-17	32.79
2015-16	35.26
2014-15	37.86
2013-14	39.54
2012-13	40.87
2011-12	43.68
2010-11	47.88
2009-10	40.91
2008-09	24.86
2007-08	20.72
2006-07	18.61
2005-06	19.02
2004-05	20.37
2003-04	20.21
2002-03	18.94
2001-02	16.48
2000-01	13.52
1999-00	12.66
1998-99	12.99
1997-98	11.54
1996-97	10.78
1995-96	10.51
1994-95	10.9
1993-94	11.45
1992-93	12.88
1991-92	12.45
1990-91	11.05
1989-90	11.28
1988-89	11.07
1987-88	9.67
1986-87	9.24
1985-86	9.78
1984-85	8.6
1983-84	8.22
1982-83	7.34

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Release date

October 2023

More information

Region

United States

Survey time period

1981/1982 to 2022/2023

Supplementary notes

The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain post-baccalaureate students to promote access to postsecondary education. Detail time-series data can be found here.

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