National Center for Education Statistics

Table 15. Amount and percentage distribution of revenues that fund scholarships and fellowships at Title IV institutions and administrative offices, by level and control of institution or administrative office, accounting standards utilized, and source of funds: United States, fiscal year 2020
Source of funds		4-year			2-year			Less-than-2-year
		Amount (in thousands)	Percent		Amount (in thousands)	Percent		Amount (in thousands)	Percent
		Public institutions (GASB standards)1
Total scholarships and fellowships		$42,839,890	100.0		$11,283,475	100.0		$113,578	100.0
Federal government		15,416,777	36.0		7,996,083	70.9		92,216	81.2
Federal Pell grants		12,130,607	28.3		7,031,349	62.3		78,026	68.7
Other federal2		3,286,170	7.7		964,734	8.5		14,189	12.5
State government		6,491,874	15.2		1,826,999	16.2		11,051	9.7
Local government		124,924	0.3		95,794	0.8		3,711	3.3
Institutional grants (restricted)3		3,844,993	9.0		335,074	3.0		3,713	3.3
Institutional grants (unrestricted)4		16,961,323	39.6		1,029,524	9.1		2,887	2.5
		Private nonprofit institutions (FASB standards)
Total scholarships and fellowships		$51,916,356	100.0		$328,212	100.0		$50,837	100.0
Federal government		5,552,308	10.7		226,961	69.2		38,111	75.0
Federal Pell grants		4,167,002	8.0		204,850	62.4		25,815	50.8
Other federal2		1,385,305	2.7		22,112	6.7		12,296	24.2
State grants		1,930,141	3.7		22,678	6.9		6,153	12.1
Local grants		37,165	0.1		754	0.2		532	1.0
Institutional grants (restricted)3		6,823,469	13.1		10,573	3.2		2,457	4.8
Institutional grants (unrestricted)4		37,573,272	72.4		67,246	20.5		3,584	7.0
		Private for-profit institutions (FASB standards)
Total scholarships and fellowships		$3,497,473	100.0		$956,689	100.0		$853,284	100.0
Federal government		1,992,084	57.0		876,326	91.6		791,948	92.8
Federal Pell grants		1,863,823	53.3		780,885	81.6		750,066	87.9
Other federal2		128,261	3.7		95,441	10.0		41,882	4.9
State grants		116,517	3.3		45,836	4.8		25,441	3.0
Local grants		3,333	0.1		7,241	0.8		6,852	0.8
Institutional grants5		1,385,539	39.6		27,287	2.9		29,043	3.4

¹In addition to the public institutions using Governmental Accounting Standards Board (GASB) standards, 18 public institutions (0.9 percent of public institutions) not displayed in this table reported $1.1 billion in scholarship and fellowship expenses using Financial Accounting Standards Board (FASB) standards.

²Other federal scholarships and fellowships include all non-Federal Pell sources of federal grant aid. This may include Supplemental Education Opportunity Grants and Department of Veterans Affairs grants, among others.

³Restricted scholarships and fellowships are awarded from institutional resources that are limited to be used as grant aid.

⁴Unrestricted scholarships and fellowships are awarded from institutional resources that are not limited to be used as grant aid.

⁵Private for-profit institutions do not report restricted and unrestricted institutional grants separately.

NOTE: Title IV institutions are those with a written agreement with the U.S. Department of Education that allows the institution to participate in any of the Title IV federal student financial assistance programs. United States includes the 50 states and the District of Columbia. The four U.S. service academies that are not Title IV eligible are included in the Integrated Postsecondary Education Data System (IPEDS) universe because they are federally funded and open to the public and are included in this table. Due to differences between GASB standards and FASB standards, figures from public institutions are not comparable to figures from private institutions, even in categories with identical labels. Percentages in the columns of this table use the corresponding dollar amount in the appropriate total row of each section as the denominator. Detail may not sum to totals because of rounding. Definitions for terms used in this table may be found in the collection year’s archived downloadable glossary located at https://nces.ed.gov/ipeds/use-the-data/annual-survey-forms-packages-archived?year=2020.

SOURCE: U.S. Department of Education, National Center for Education Statistics, IPEDS, Spring 2021, Finance component (final data).