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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
FY20 GAA $105,600,000 $105,600,000
FY19 $105,833,476 $103,386,798
FY18 $100,412,717 $95,853,324
FY17 $102,433,841 $95,632,559
FY16 $104,307,163 $95,607,756
FY15 $102,811,176 $93,607,756
FY14 $100,229,289 $90,607,756
FY13 $98,413,833 $87,607,756
FY12 $100,072,506 $87,607,756
FY11 $105,245,537 $89,507,756
FY10 $106,553,871 $88,857,735
FY09 $117,311,441 $96,875,218
FY08 $115,805,794 $94,311,051
FY07 $113,886,923 $89,430,706
FY06 $110,631,089 $84,673,454
FY05 $111,691,700 $82,373,454
FY04 $115,104,732 $82,414,415
FY03 $130,760,762 $91,603,455
FY02 $135,760,939 $93,056,268
FY01 $148,559,799 $100,057,376
  • See Changes in Funding
Between and
Funding for Massachusetts State Scholarship Program
8.6%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY20 GAA $105,600,000 $105,600,000
FY20 Leg $105,600,000 $105,600,000
FY20 Sen $104,147,934 $104,147,934
FY20 SWM $103,747,934 $103,747,934
FY20 Hou $105,400,000 $105,400,000
FY20 HWM $105,000,000 $105,000,000
FY20 Gov $103,747,479 $103,747,479
FY19 $105,833,476 $103,386,798