The most recent and complete statistics available from the College Board on student aid in the 1980s (complementing the publication by Gillespie and Carlson, "Trends in Student Aid: 1963 to 1983") are presented. Seven tables provide data on the following: aid awarded to postsecondary students in current dollars; aid awarded to postsecondary students in constant 1982 dollars; appropriations for generally available federal aid programs for fiscal years 1981 to 1988; grants, loans, and work in current and constant 1982 dollars and as a percentage of total aid; number of recipients and aid per recipient; cost of attendance, income, and total available aid 1980-81 to 1987-88; and percentage distribution of aid from the Pell and federal campus-based programs by type of institution 1980-81 to 1986-87. Two figures look at estimated student aid by source for academic year 1987-88 and purchasing power and changing composition of grand and loan aid in the 1980s. Some of the facts from these statistics include the following: the composition of aid distributed through grants, loans, and work has changed considerably over the years; trends in the number of aid recipients and average awards by program show a mixed picture; for federal campus-based programs, inflation-adjusted dollar support declined 17% during the 1980s; the cost of attending all types of institutions outpaced inflation in the 1980s; and the percentage of Pell grant dollars going to proprietary students more than doubled between 1980-81 and 1986-87. (SM)