Special Leveraging Educational Assistance Partnership (SLEAP) Program

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Funding Status

Appropriations

Fiscal Year 2011 : 0
Fiscal Year 2010 : $33,852,000
Fiscal Year 2009 : $34,987,000
Fiscal Year 2008 : $33,852,000
Fiscal Year 2007 : $34,987,000

Pursuant to the Higher Education Act (HEA), Sec. 415A(b)(2), when the appropriation for the LEAP Program exceeds $30 million, the excess shall be available to carry out the Grants for Access and Persistence (GAP) Program, authorized under HEA, Sec. 415E. GAP was created by the Higher Education Opportunity Act (HEOA), which amended HEA in 2008, and replaced SLEAP after a two-year transition period in which states could chose between the two programs. States must, at a minimum, match GAP grants two-forone with state funds. The appropriations amounts shown are the excess available for GAP in each award year.


Awards Information

2011

Amount of Aid Available: $0
Amount of Aid Available represents the amount of funds awarded to participants in this program. Depending upon the program, this total may include federal appropriated dollars, institutional or state matching dollars, and federal or private loan capital.
Number of New Awards Anticipated: 0
Number of Continuation Awards: $0

2010

Amount of Aid Available: $10,556,000
Amount of Aid Available represents the amount of funds awarded to participants in this program. Depending upon the program, this total may include federal appropriated dollars, institutional or state matching dollars, and federal or private loan capital.
Number of New Awards Anticipated: 102,000
Average New Award: $1,000

2009

Amount of Aid Available: $101,556,000
Amount of Aid Available represents the amount of funds awarded to participants in the Federal Student Aid programs. Depending upon the program, this total may include federal appropriated dollars, institutional or state matching dollars, and federal or private loan capital.
Number of New Awards Anticipated: 102,000
Average New Award: $1,000

2008

Amount of Aid Available: $102,000,000
Amount of Aid Available represents the amount of funds awarded to participants in the Federal Student Aid programs. Depending upon the program, this total may include federal appropriated dollars, institutional or state matching dollars, and federal or private loan capital.
Number of New Awards Anticipated: 102,000
Average New Award: $1,000

2007

Amount of Aid Available: $104,960,000
Amount of Aid Available represents the amount of funds awarded to participants in the Federal Student Aid
programs. Depending upon the program, this total may include federal appropriated dollars, institutional or state
matching dollars, and federal or private loan capital.
Number of New Awards Anticipated: 104,960
Average New Award: $1,000

Note: The Department is not bound by any estimates in this notice.


 
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Last Modified: 12/12/2011