Figure X2
Total federal college grants and loans per year, 1970–71 to 2020–21 school years
| School year | Total federal grants | Total federal loans |
|---|---|---|
| 1970 | $9.4 | $7.9 |
| 1971 | $9.1 | $9.5 |
| 1972 | $14.3 | $9.2 |
| 1973 | $15.9 | $8.7 |
| 1974 | $22.2 | $8.7 |
| 1975 | $27.5 | $7.9 |
| 1976 | $23.1 | $8.2 |
| 1977 | $20.7 | $9.5 |
| 1978 | $17.3 | $11.2 |
| 1979 | $19.1 | $15.3 |
| 1980 | $15.6 | $20.1 |
| 1981 | $12.9 | $20.5 |
| 1982 | $12.5 | $17.9 |
| 1983 | $11.7 | $19.5 |
| 1984 | $11.7 | $20.9 |
| 1985 | $12.5 | $20.7 |
| 1986 | $11.9 | $20.5 |
| 1987 | $12.3 | $21.9 |
| 1988 | $13.3 | $22.0 |
| 1989 | $13.1 | $21.7 |
| 1990 | $12.7 | $21.7 |
| 1991 | $14.4 | $22.5 |
| 1992 | $15.0 | $22.9 |
| 1993 | $13.8 | $30.7 |
| 1994 | $13.2 | $41.0 |
| 1995 | $12.7 | $46.0 |
| 1996 | $12.8 | $49.2 |
| 1997 | $13.5 | $50.7 |
| 1998 | $15.0 | $51.9 |
| 1999 | $14.6 | $53.2 |
| 2000 | $15.6 | $54.0 |
| 2001 | $18.8 | $57.3 |
| 2002 | $21.7 | $64.5 |
| 2003 | $23.3 | $72.9 |
| 2004 | $23.6 | $78.4 |
| 2005 | $22.4 | $80.2 |
| 2006 | $22.6 | $82.2 |
| 2007 | $24.6 | $89.7 |
| 2008 | $29.1 | $108.7 |
| 2009 | $49.7 | $126.3 |
| 2010 | $58.8 | $131.9 |
| 2011 | $53.4 | $128.9 |
| 2012 | $52.5 | $121.2 |
| 2013 | $51.4 | $117.8 |
| 2014 | $50.0 | $111.7 |
| 2015 | $47.9 | $109.2 |
| 2016 | $44.8 | $106.9 |
| 2017 | $45.4 | $103.2 |
| 2018 | $44.4 | $98.5 |
| 2019 | $43.2 | $95.4 |
| 2020 | $39.9 | $87.6 |
Note: All values in 2021 dollars. Data are for all undergraduate and graduate students.
Source: College Board, Trends in Student Aid 2021, Table 1.
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