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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.

Massachusetts State Scholarship Program

7070-0065

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY18 $95,853,324 $95,853,324
FY17 $97,773,765 $95,632,559
FY16 $99,564,465 $95,607,756
FY15 $98,136,158 $93,607,756
FY14 $95,671,826 $90,607,756
FY13 $93,942,105 $87,607,756
FY12 $95,523,595 $87,607,756
FY11 $100,461,480 $89,507,756
FY10 $101,710,341 $88,857,735
FY09 $111,978,914 $96,875,218
FY08 $110,541,708 $94,311,051
FY07 $108,710,062 $89,430,706
FY06 $105,602,225 $84,673,454
FY05 $106,614,625 $82,373,454
FY04 $109,872,513 $82,414,415
FY03 $124,816,880 $91,603,455
FY02 $129,589,769 $93,056,268
FY01 $141,806,842 $100,057,376
  • See Changes in Funding
Between and
Funding for Massachusetts State Scholarship Program
13.3%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY18 GAA $95,853,324 $95,853,324
FY18 Leg $95,853,324 $95,853,324
FY18 Sen $96,600,000 $96,600,000
FY18 SWM $96,600,000 $96,600,000
FY18 Hou $96,599,324 $96,599,324
FY18 HWM $96,599,324 $96,599,324
FY18 Gov $95,599,324 $95,599,324
FY17 $97,773,765 $95,632,559