College and university expenditures for scholarships and fellowships between 1983 and 1984 are reported based on findings of the Financial Statistics of Institutions of Higher Education survey, which is part of the Higher Education General Information Survey (HEGIS) data collections. Colleges increased by 13.4% their scholarship and fellowship expenditures from fiscal years 1983 to 1984. Private colleges accounted for nearly half of all expenditures even though they have only about 25% of total full-time equivalent (FTE) enrollments. Four-year and above institutions accounted for 84% of total scholarship and fellowship expenditures in both fiscal years. Pell Grant expenditures reported by colleges increased 14.2%, while other scholarships and fellowships increased 12.9%. Information is included on restricted and unrestricted expenditures. Restricted expenditures come from an entitlement program (e.g., Pell Grants) and must be spent on scholarships and fellowships. Unrestricted scholarship and fellowship expenditures are funds over which colleges have discretionary control. Data are provided by state on the amount of scholarship and fellowship expenditures broken down by level and control of institution. (SW)