* For years 1965 to 1999, the amounts given are for higher education tax appropriations only, although several states fund their colleges and universities with other monies, such as cattle-grazing fees and lottery revenues. The amounts given for years 2000 to 2015 include these additional funds.
** Funds made available to states under the American Recovery and Reinvestment Act (ARRA) of 2009 (commonly known as the “Stimulus”). Although not apparent from the chart (due to the scale of the vertical axis), states received $125,538 million (2015 dollars) in ARRA funds for fiscal year 2012.
Source:For fiscal years 1965–1999: Illinois State University, College of Education, “Grapevine: Historical Data,” http://education.illinoisstate.edu/grapevine/historical/, accessed 6/3/2016. For fiscal years 2000–2015: State Higher Education Executive Officers Association, “State Higher Education Finance: FY 2015,” http://www.sheeo.org/projects/shef-—-state-higher-education-finance, accessed 6/3/2016. Funding figures were adjusted for inflation using the Commonfund Higher Education Price Index for fiscal year 2015.