Pell Facts and Statistics
program provided $33.4 billion to nearly 9.7 million students in 2011-12
maximum Pell Grant award for the 2013-14 award year (July 1, 2013 to June
30, 2014) is $5,645, the statutory minimum is $564.
17 million Title IV Pell Grant applicants submitted valid applications in
2010-2011, up over 6 million from 2005-07 
fiscal year 1976, the maximum Pell Grant was $1,400 and covered 72 percent
of the cost of attendance at a typical four-year public college. In
2009-10, the maximum Pell Grant covered 36 percent of the cost of
attendance at a typical four-year public college.
The Education Premium
share of jobs requiring postsecondary education increased from 28 to 59
percent from 1973 to 2008. Over the next decade, this number is expected
to increase to 63 percent. (View Report) (View State-by-State Analysis)
U.S. needs to produce 22 million new college degrees by 2018, but is
projected to fall 3 million short of that number.
average, someone with a high school diploma can expect to earn $1.3
million over their lifetime. In contract, a person with a Bachelor’s
degree will earn, on average, $2.3 million over a lifetime. (View Report)
income gap between college degree holders and those with only high school
degrees is widening.
2002, a bachelor’s degree holder could expect to earn 75 percent more over
a lifetime. Today, that number is 84 percent.
 "Pell Spending Levels Off" Inside Higher Ed
 U.S. Department of Education. 2013014 Federal Pell Grant
Payment and Disbursement Schedules. 30 January 2013 (Link)
 U.S. Department of Education. Federal Pell Grant Program:
Summary Statistics for Cross-Year Reference. Table 1 (Link)
 New America Foundation. Federal Higher Education
 The Georgetown Center on Education and the Workforce, Help
Wanted: Projections of Jobs and Education Requirements Through 2018, 2010 http://cew.georgetown.edu/jobs2018/
 Source: The Georgetown Center on Education and the Workforce, The
College Payoff: Education, Occupations, Lifetime Earnings 2011 http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/collegepayoff-summary.pdf
 U.S. Census Bureau, Household Data Annual Average, http://www.bls.gov/cps/cpsaat7.pdf