(in thousands of dollars) Office, Account, Program and Activity |
Category Code |
1998 Appropriation |
1999 Appropriation |
2000 President's Budget |
Change from 1999 | |||||
Amount | Percent | |||||||||
Federal Family Education Loans (Liquidating) | ||||||||||
1. Family education loans (HEA IV-B) (permanent authority) | M | 550,973 | (411,421) | (59,069) | 352,352 | -85.6% | ||||
Total, FFEL (Liquidating) (permanent authority) | 550,973 | (411,421) | (59,069) | 352,352 | -85.6% | |||||
Outlays | (117,527) | 213,055 | (20,817) | (233,872) | -109.8% | |||||
Federal Family Education Loan Program Account | ||||||||||
1. New loan subsidies (HEA IV-B) (permanent authority) | M | 2,054,449 | 3,525,312 | 2,168,540 | (1,356,772) | -38.5% | ||||
2. Reestimate of existing loans | M | 0 | (153,134) | 0 | 153,134 | -100% | ||||
Subtotal | 2,054,449 | 3,372,178 | 2,168,540 | (1,203,638) | -4.4% | |||||
3. Federal administration (FCRA section 505(e)) | D | 46,482 | 47,276 | 48,000 | 724 | 1.5% | ||||
Total, FFEL Program | 2,100,931 | 3,419,454 | 2,216,540 | (1,202,914) | -35.2% | |||||
Outlays, Total | 2,389,532 | 2,853,409 | 1,917,726 | (935,683) | -32.8% | |||||
Outlays, discretionary | 37,811 | 47,108 | 51,170 | 4,062 | 8.6% | |||||
Outlays, mandatory | 2,351,721 | 2,806,301 | 1,866,556 | (939,745) | -33.5% | |||||
Total, FFEL | 2,651,904 | 3,008,033 | 2,157,471 | (850,562) | -28.3% | |||||
Total, discretionary | D | 46,482 | 47,276 | 48,000 | 724 | 1.5% | ||||
Total, mandatory | M | 2,605,422 | 2,960,757 | 2,109,471 | (851,286) | -28.8% | ||||
Federal Direct Student Loan Program Account | ||||||||||
1. New loan subsidies (HEA IV-D section 451) (permanent authority) | M | 217,551 | 167,879 | (745,325) | (913,204) | -544.0% | ||||
2. Reestimate of existing loans | M | 172,693 | (360,880) | 0 | 360,880 | -100.0% | ||||
Subtotal | 390,244 | (193,001) | (745,325) | (552,324) | 286.2% | |||||
3. Federal administration (HEA IV-D section 458): | ||||||||||
(a) Federal administration (permanent authority) | M | 507,000 | 617,531 | 1 | 735,000 | 117,469 | 19.0% | |||
(b) Payments for services to guaranty agencies (non-add) | M | 170,000 | 177,000 | 180,000 | 3,000 | 1.7% | ||||
(c) Transfer from HEAF account (HEA section 422(h)) | M | 25,000 | 0 | 0 | 0 | --- | ||||
Subtotal | 532,000 | 617,531 | 735,000 | 117,469 | 19.0% | |||||
Total | 922,244 | 424,530 | (10,325) | (434,855) | -102.4% | |||||
Outlays, Total | 901,489 | 438,778 | (41,869) | (480,647) | -109.5% | |||||
Outlays, Federal admin.--mandatory | 457,393 | 559,524 | 679,347 | 119,823 | 21.4% | |||||
Outlays, loan subsidies--mandatory | 444,096 | (120,746) | (721,216) | (600,470) | 497.3% | |||||
1 | Includes funds transferred in fiscal year 1999 from the Y2K Contingent Emergency Fund for expenses related to Year 2000 conversion of Federal information systems: $794 thousand to the Federal Family Education Loan Program account and $531 thousand to the Federal Direct Student Loan Program account. |
Direct any questions to Martha Jacobs, Budget Service