FY 2001 Budget Summary - February 2000

Appendix Table 2k

FY2001 Budget Request:
Office of Student Financial Assistance Programs

Student Financial Assistance

(in thousands of dollars)

Office, Account, Program and Activity

Category
Code
1999
Appropriation
  2000
Appropriation
  2001
President's
Budget
  Change from 2000
Amount Percent
OFFICE OF STUDENT FINANCIAL ASSISTANCE PROGRAMS (OSFAP)
Student Financial Assistance
1. Federal Pell grants HEA IV-A-1) D 7,704,000   7,639,717   8,356,000   716,283 9.4%
  Funding surplus used (non-add) D 0   319,283   132,000   (187,283) -58.7%
  Funding surplus not used (non-add) D (359,000)   0   0   0 ---
      Subtotal, program costs (non-add).   7,345,000   7,959,000   8,488,000   529,000 6.6%
  Maximum award (in whole dollars).   3,125   3,300   3,500   200 6.1%
      Subtotal, appropriation   7,704,000   7,639,717   8,356,000   716,283 9.4%
2. Campus-based programs:                  
  (a) Federal supplemental educational opportunity grants (HEA IV-A-3) D 619,000   631,000 1 691,000   60,000 9.5%
  (b) Federal work-study (HEA IV-C) D 870,000   934,000   1,011,000   77,000 8.2%
  (c) Federal Perkins loans (HEA IV-E):                  
      (1) Capital contributions D 100,000   100,000   100,000   0 0.0%
      (2) Loan cancellations D 30,000   30,000   60,000   30,000 100.0%
      Subtotal, Perkins loans   130,000   130,000   160,000   30,000 23.1%
      Subtotal, campus-based programs   1,619,000   1,695,000   1,862,000   167,000 9.9%
3. Leveraging educational assistance partnership * (HEA IV-A-4) D 25,000   40,000 2 40,000 2 0 0.0%
      Total   9,348,000   9,374,717   10,258,000   883,283 9.4%
      Outlays   9,124,741   9,363,292   9,828,940   465,648 5.0%
 
1 Includes $10,000 thousand in emergency funds for disaster relief.
2 Includes $10,000 thousand in fiscal years 2000 and 2001 for Special LEAP, pursuant to HEA Section 415A(b) (2) which states that when the appropriation for LEAP exceeds $30,000 thousand, the excess shall be reserved to carry out Special LEAP, authorized under Section 415E.

Direct any questions to Martha Jacobs, Budget Service


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