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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
FY25 House $171,833,311 $171,833,311
FY24 $187,682,489 $189,341,662
FY23 $179,173,217 $170,124,350
FY22 $146,304,225 $133,348,193
FY21 $135,783,089 $115,485,795
FY20 $127,001,817 $105,600,000
FY19 $126,305,234 $103,386,798
FY18 $119,529,460 $95,853,324
FY17 $121,927,462 $95,632,559
FY16 $124,163,604 $95,607,756
FY15 $122,373,968 $93,607,756
FY14 $119,299,602 $90,607,756
FY13 $117,144,408 $87,607,756
FY12 $119,118,767 $87,607,756
FY11 $125,276,353 $89,507,756
FY10 $126,833,695 $88,857,735
FY09 $139,638,696 $96,875,218
FY08 $137,846,487 $94,311,051
FY07 $135,562,407 $89,430,706
FY06 $131,686,908 $84,673,454
FY05 $132,949,380 $82,373,454
FY04 $137,011,995 $82,414,415
FY03 $155,647,753 $91,603,455
FY02 $161,599,587 $93,056,268
FY01 $176,834,385 $100,057,376

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Massachusetts State Scholarship Program
36.2%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY25 House $171,833,311 $171,833,311
FY25 HWM $175,188,311 $175,188,311
FY25 Gov $175,188,311 $175,188,311
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