What's inside
- National summary by funding year
- BEN vs. Recipients Explained — site counts and distribution
- Top 25 BENs by recipient site count
- Top 25 BENs by lifetime disbursements (FY1998–FY2025)
- Top 50 billed entities (FY2024–FY2020, then FY2025 incomplete)
- State & territory rankings by $/NSLP student
- Sources, methodology, and column definitions
The full report opens as a paginated HTML document — the same layout as the PDF, optimized for scrolling in your browser.