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Greg Woods, Chief Operating Officer, Federal Student Aid—Biography
Color photo of Greg Woods, Chief Operating Officer, Federal Student Aid
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Greg Woods is the Chief Operating Officer for Federal Student Aid, the federal government's first Performance Based Organization (PBO). He was appointed October 1, 1998, and is the first person to hold this new position (COO), which reports directly to the Secretary of Education and is not a political appointment.

This PBO was established as part of the Higher Education Amendments of 1998 to modernize the delivery of student financial assistance and improve service to millions of students and the postsecondary institutions they attend. In FY 2001, more than 8 million students received more than $60 billion in federal student aid.

From 1993 to 1998, Woods served as deputy director for information technology, customer service and regulatory reform at the National Performance Review, which developed model legislation for establishing PBOs in federal agencies. PBOs create incentives for high performance and accountability for results, while allowing more flexibility to promote innovation and increased efficiency.

From 1985 to 1993, Woods served as CEO of Science and Engineering Associates, a startup company that develops computer systems and innovative software products.

He was the deputy chief operating officer of Science Applications International Corporation, a consulting firm (1984-85), and was president of its subsidiary JRB Associates (1979-1984).

In the early 1970s, Woods worked for the office of the U.S. Secretary of Defense, where he won the Flemming Award as one of the outstanding young people in government.

In 1965, Woods earned a bachelor's degree in mechanical engineering from the University of Southern California.

This page last modified—June 27, 2005 (jer).

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