This "National Profile" serves as a helpful resource document on the basics of the federal student financial aid programs that provide funding to millions of students each year. This information is more important than ever, as data from the U.S. Department of Education (ED) show that the number of students applying for federal financial assistance rose from around 14 million in 2006-2007 to over 19.8 million in the 2015-2016 award year, a 29 percent increase over nine years. The upcoming reauthorization of the Higher Education Act (HEA) also heightens the interest in the federal student aid programs, with many examining the current programs and discussing proposals to make them more effective. This profile provides an overview of the following programs: (1) The Federal Pell Grant Program; (2) The Federal Supplemental Educational Opportunity Grant (FSEOG) Program; (3) The Federal Work-Study Program; (4) The Federal Perkins Loan Program; (5) The Federal Direct Subsidized and Unsubsidized Loan Programs; and (6) The Direct PLUS Loan Program. For each program, in addition to a basic description, the profile provides the most up-to-date data and information on the following: (1) Number of Recipients; (2) Total Volume of Awards; (3) Federal Funding Levels; and (4) Distribution by Family Income. An appropriations update on Title IV program funding for the 2017-2018 award year is also provided. [For the 2016 report, see ED590341.]