In 2018, federal money made up only 14% of all college revenue. About 3.6% of total federal spending went towards higher education investments, according to the US government’s Datalab. Datalab operates under the Department of Treasury and is a public source for federal spending data.
Colleges and universities received $1.068 trillion in revenue from federal and non-federal funding sources in 2018.
The federal government directed 65% of its $149 billion investments to federal student aid which covers scholarships, work-study and loans given to students for their educational expenses.
