U.S. Department of Education Releases Pell Grant End-of-Year Report

By Laylaa Randera, Communications Intern 

The U.S. Department of Education’s Office of Postsecondary Education (OPE) recently released the 2012-13 Federal Pell Grant Program End-of-Year Report. Produced by Vangent, Inc., the annual report is a compilation of quantitative data “assembled to offer insights into the changes to the Title IV applicant universe and the Federal Pell Grant Program.”  

OPE has compiled this information since 1973-74, a year after the 1972 reauthorization of the Higher Education Act. The End-of-Year Report aims to assist policy makers, researchers, higher education officials, financial aid administrators, and students to better understand current patterns of the Federal Pell Grant program, and “provides a basis for program planning and development.” 

According to the report, over 8.9 million students were awarded Pell Grants ranging from $602-$5,550 in 2012-13, with the awards totaling more than $32 billion.

The report show that although Pell Grant appropriations have steadily increased over the years, there was a small decrease of $132 million from 2011-12 ($22.95 billion) to 2012-13 ($22.82 billion).  The Pell Grant maximum award also increased steadily over the decades, but held steady for a third consecutive year in 2012-13 at $5,550. (The maximum award began to inch up again in 2013-14 at $5,645, and is now set for $5,730 in 2014-15.)

AppropriationsThe report also provides annual data since 1973-74 on the following topics: 

  • Summary Statistics for Cross-Year Reference
  • Distribution of Federal Pell Grant Recipients by Expected Family Contribution and Family Income
  • Distribution of Federal Pell Grant Recipients by Family Income and Grant Level
  • Distribution of Federal Pell Grant Recipients by Expected Family Contribution and Grant Level
  • Distribution of Federal Pell Grant Recipients by Expected Family Contribution and Type and Control of Institution
  • Distribution of Federal Pell Grant Recipients by Family Income and Type and Control of Institution
  • Distribution of Federal Pell Grant Recipients by Expected Family Contribution and Educational Cost
  • Distribution of Federal Pell Grant Recipients by Family Income and Educational Cost
  • Distribution of Federal Pell Grant Recipients by Educational Cost and Grant Level
  • Distribution of Federal Pell Grant Recipients by Family Income and Net Asset Level
  • Distribution of Federal Pell Grant Recipients by Age and Family Income
  • Distribution of Title IV Applicants by Pell Grant Eligibility Status and Income Range
  • Distribution of Federal Pell Grant Recipients by Enrollment Status and Type and Control of Institution
  • Summary of Statistics for Federal Pell Grant Professional Judgment Filers
  • Distribution of Verified Federal Pell Grant Recipients by Family Income and Grant Level
  • Summary Statistics by Application Type
  • Distribution of Federal Pell Grant Recipients by Family Income and Application Type
  • Summary Statistics by Type and Control of Institutions
  • Federal Pell Grant Expenditures, Recipients, and Average Grant by Type and Control of Institution
  • Distribution of Federal Pell Grant Recipients by Grant Level and Type and Control of Institution
  • Distribution of Federal Pell Grant Recipients by State and Control of Institution
  • Distribution of Federal Pell Grant Recipients by State of Legal Residence and Control of Institution
  • Distribution of Federal Pell Grant Recipients by Type and Control of Institution and EFC Formula Type

 

Publication Date: 7/3/2014


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