| CFDA Numbers: |
84.007
- Federal Supplemental Educational Opportunity Grants
84.033 - Federal Work-Study Program 84.037 - Loan Cancellations 84.038 - Federal Perkins Loan Program_Federal Capital Contributions 84.063 - Federal Pell Grant Program 84.069 - Leveraging Educational Assistance Partnership 84.268 - Federal Direct Student Loans |
| Goal 8: Student Financial Assistance Programs Internal Goal |
| Objective 8.1 of 1: Student Financial Assistance Programs Internal Objective 8 |
| Indicator 8.1.1 of 1: Reduce or Maintain FSA Business Process Unit Cost | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Targets and Performance Data | Assessment of Progress | Sources and Data Quality | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Status: Target not met
Progress: FSA did not meet its goal to have baseline unit costs defined for the business processes referenced. FSA has completed defining and validating the ABC methodology that it will use. In addition, reporting has been redesigned to address GAO concerns as well as the current needs of FSA. However additional work is required from FSA subject matter specialist to allocate baseline resource data, prior to using the ABC information. This effort will continue in FY 2004 and will be accomplished by the end of the year. Explanation: By the end of FY 2004, we will develop baseline unit cost measures for the business processes referenced. (In the table, the code 9999 represents setting a baseline and setting a target for FY 2005 which is to maintain the baseline.) |
Additional Source Information: FSA Activity-Based Cost Model will be used to collect data. The model is currently under construction with a target date of Sept 2004. Frequency: Annually. Collection Period: 2004 Data Available: September 2004 Validated By: On-Site Monitoring By ED. |
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