How much went to contracts, grants, direct payments and loans in 2025?
Top 5 by obligations in FY2025. Leading: direct payments ($3.25T); grants ($1.24T); contracts ($793.30B).
| Award type | Obligations |
|---|---|
| direct payments | $3.25T |
| grants | $1.24T |
| contracts | $793.30B |
| other assistance | $26.08B |
| loans | $192.35M |
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How to read this
- Amounts are obligations (money committed), not outlays (money paid).
- Loan amounts are the government's estimated subsidy cost (what the loan is expected to cost it), not the amount lent; ask for loan face value for the amount lent.
- Award types follow USAspending: grants include cooperative agreements; direct payments include benefits such as Social Security and Medicare; other = insurance and other assistance.