Budget and appropriations data are from FY 2020 instead of from 2018 like the rest of this report’s financial aid analyses because data were broken out by sector in that year. Data in this figure are for all students, not just those age 24 and older. Education appropriations are a measure of state and local support available for public higher education operating expenses and student financial aid, excluding appropriations for research, hospitals, and medical education. Sector-level education appropriations do not include federal stimulus or state agency funding. Grant expenditure totals are rounded so may not equal 100 percent. The grant expenditures columns include all totals reported to NASSGAP as being undergraduate need-based aid and exclude graduate programs. We exclude aid programs not meeting criteria for consideration in this analysis, including Texas financial aid programs for which tuition and fees are the funding source, limiting ourselves to programs funded through centralized sources, such as appropriations. Budget and appropriations data are from State Higher Education Executive Officers Association, State Higher Education Finance: FY 2020 (Boulder, CO: SHEEO, 2021), 45, https://shef.sheeo.org/wp-content/uploads/2021/05/SHEEO_SHEF_FY20_Report.pdf. Financial aid data are from National Association of State Student Grant and Aid Programs, 49th Annual Survey Report on State-Sponsored Student Financial Aid: 2017–2018 Academic Year (Springfield, IL: NASSGAP, 2018), https://www.nassgapsurvey.com/survey_reports/2017-2018-49th.pdf.
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