Each year the National Association of State Student Grant and Aid Programs (NASSGAP) completes a survey regarding state-funded expenditures for postsecondary student financial aid. This report, the 49th annual survey, represents data from academic year 2017-18. This report provides data regarding state-funded expenditures for student financial aid and illustrates the extent of efforts made by the states to assist postsecondary students. Information in this report is based on academic year 2017-18 data from the 49th Annual NASSGAP survey. Data Highlights include: (1) In the 2017-18 academic year, the states awarded about $13.6 billion in total state funded student financial aid, an increase of about 6.6 percent in nominal terms and about 4.8 percent in constant dollar terms from the $12.8 billion in aid awarded in 2016-17; (2) The majority of state aid (87 percent) remains in the form of grants. In 2017-18, about 4.2 million grant awards were made representing about $11.9 billion in need and nonneed-based grant aid. This represents an increase of about 8.6 percent from the $11 billion in grants awarded in 2016-17. Of the grant money awarded in 2017-18, about 75 percent was need-based and 25 percent was nonneed-based, about the same percentage breakout as last year; (3) Funding for undergraduate need-based grant aid increased nationwide from $8.4 billion in 2016-17 to about $8.9 billion in 2017-18, an increase of about 7 percent in nominal terms; (4) Eight states (California, New York, Texas, New Jersey, Pennsylvania, Illinois, Virginia, Washington) collectively awarded about $6 billion in undergraduate need-based grant aid, accounting for about 68 percent of all aid of this type; and (5) States provided about 1.7 billion in nongrant student aid, including loans, loan assumptions, conditional grants, work-study, and tuition waivers. Tuition waivers represented about 45 percent of nongrant aid. [For the previous report, "48th Annual Survey Report on State-Sponsored Student Financial Aid: 2016-2017 Academic Year," see ED594082.]