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The year-to-year changes in the maximum Pell Grant have been very uneven in recent years, ranging from a 7% decline in constant dollars in 1993-94 to an 11% increase in 2001-02. |
Sources: The Federal Pell Grant Program End of Year Report, 2007-08; and projections from U.S.Department of Education, Office of Postsecondary Education.
Download Excel for this figure. Download Excel for all figures and tables. - Only about 25% of recipients qualified for the maximum Pell Grant in 2007-08. In 2008-09, when the maximum grant was $4,731, the average grant was $2,973.
- The number of Pell Grant recipients grew by 33%,
from 3.9 million to 5.1 million, over the five years from
1998-99 to 2003-04. The growth to 6.1 million recipients over the next five years constituted a 19% increase.More
- The maximum Pell Grant for 2009-10 is $5,350. The increase
from $4,310 in 2007-08 represents the largest
current dollar percentage increase over a two-year period since 1977-78 to 1979-80, and the largest dollar increase since the program was fully established in 1974-75.More
- If the Obama administration proposal to increase the maximum
Pell Grant by 1% per year beyond infl ation had been implemented
in 1988-89,
the maximum grant would have been higher than it was in 2008-09, but lower in 2009-10. If this policy had been instituted in 1998-99, the maximum grant would have been lower than it was in 2008-09.More
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