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    [Appendix]
    [Detailed Budget Estimates by Agency]
    [Department of Education]
    [From the U.S. Government Printing Office, www.gpo.gov]

             <h1>DEPARTMENT OF EDUCATION

             </h1>

          DEPARTMENT OF EDUCATION

             Office of Elementary and Secondary Education

             Federal Funds
             Education for the disadvantagedFor carrying out [title I of the Elementary and Secondary Education Act of 1965 (referred to in this Act as "ESEA") and] section 418A of the Higher Education Act of 1965, [(referred to in this Act as "HEA"), $15,536,107,000, of which $4,652,762,000 shall become available on July 1, 2015, and shall
             remain available through September 30, 2016, and of which $10,841,177,000 shall become available on October 1, 2015, and shall
             remain available through September 30, 2016, for academic year 2015–2016: Provided, That $6,459,401,000 shall be for basic grants under section 1124 of the ESEA: Provided further, That up to $3,984,000 of these funds shall be available to the Secretary of Education (referred to in this title as "Secretary")
             on October 1, 2014, to obtain annually updated local educational agency-level census poverty data from the Bureau of the Census:
             Provided further, That $1,362,301,000 shall be for concentration grants under section 1124A of the ESEA: Provided further, That $3,294,050,000 shall be for targeted grants under section 1125 of the ESEA: Provided further, That $3,294,050,000 shall be for education finance incentive grants under section 1125A of the ESEA: Provided further, That funds available under sections 1124, 1124A, 1125 and 1125A of the ESEA may be used to provide homeless children and
             youths with services not ordinarily provided to other students under those sections, including supporting the liaison designated
             pursuant to section 722(g)(1)(J)(ii) of the McKinney-Vento Homeless Assistance Act, and providing transportation pursuant
             to section 722(g)(1)(J)(iii) of such Act: Provided further, That $710,000 shall be to carry out sections 1501 and 1503 of the ESEA: Provided further, That $505,756,000 shall be available for school improvement grants under section 1003(g) of the ESEA, which shall be allocated
             by the Secretary through the formula described in section 1003(g)(2) and shall be used consistent with the requirements of
             section 1003(g), except that State and local educational agencies may use such funds to serve any school eligible to receive
             assistance under part A of title I that has not made adequate yearly progress for at least 2 years or is in the State's lowest
             quintile of performance based on proficiency rates and, in the case of secondary schools, priority shall be given to those
             schools with graduation rates below 60 percent: Provided further, That notwithstanding section 1003(g)(5)(C) of the ESEA, the Secretary may permit a State educational agency to establish
             an award period of up to 5 years for each participating local educational agency: Provided further, That funds available for school improvement grants for fiscal year 2014 and thereafter may be used by a local educational
             agency to implement a whole-school reform strategy for a school using an evidence-based strategy that ensures whole-school
             reform is undertaken in partnership with a strategy developer offering a whole-school reform program that is based on at least
             a moderate level of evidence that the program will have a statistically significant effect on student outcomes, including
             at least one well-designed and well-implemented experimental or quasi-experimental study: Provided further, That funds available for school improvement grants may be used by a local educational agency to implement an alternative
             State-determined school improvement strategy that has been established by a State educational agency with the approval of
             the Secretary: Provided further, That a local educational agency that is determined to be eligible for services under subpart 1 or 2 of part B of title VI
             of the ESEA may modify not more than one element of a school improvement grant model: Provided further, That notwithstanding section 1003(g)(5)(A), each State educational agency may establish a maximum subgrant size of not more
             than $2,000,000 for each participating school applicable to such funds: Provided further, That the Secretary may reserve up to 5 percent of the funds available for section 1003(g) of the ESEA to carry out activities
             to build State and local educational agency capacity to implement effectively the school improvement grants program: Provided further, That $160,000,000 shall be available under section 1502 of the ESEA for a comprehensive literacy development and education
             program to advance literacy skills, including pre-literacy skills, reading, and writing, for students from birth through grade
             12, including limited-English-proficient students and students with disabilities, of which one-half of 1 percent shall be
             reserved for the Secretary of the Interior for such a program at schools funded by the Bureau of Indian Education, one-half
             of 1 percent shall be reserved for grants to the outlying areas for such a program, up to 5 percent may be reserved for national
             activities, and the remainder shall be used to award competitive grants to State educational agencies for such a program,
             of which a State educational agency may reserve up to 5 percent for State leadership activities, including technical assistance
             and training, data collection, reporting, and administration, and shall subgrant not less than 95 percent to local educational
             agencies or, in the case of early literacy, to local educational agencies or other nonprofit providers of early childhood
             education that partner with a public or private nonprofit organization or agency with a demonstrated record of effectiveness
             in improving the early literacy development of children from birth through kindergarten entry and in providing professional
             development in early literacy, giving priority to such agencies or other entities serving greater numbers or percentages of
             disadvantaged children: Provided further, That the State educational agency shall ensure that at least 15 percent of the subgranted funds are used to serve children
             from birth through age 5, 40 percent are used to serve students in kindergarten through grade 5, and 40 percent are used to
             serve students in middle and high school including an equitable distribution of funds between middle and high schools: Provided further, That eligible entities receiving subgrants from State educational agencies shall use such funds for services and activities
             that have the characteristics of effective literacy instruction through professional development, screening and assessment,
             targeted interventions for students reading below grade level and other research-based methods of improving classroom instruction
             and practice: Provided further, That $37,474,000 shall be for carrying out section 418A of the HEA] $44,623,000. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0900–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Grants to local educational agencies
                      14,383
                      14,410
                      10,841

                      0002
                      School improvement grants
                      507
                      506

                      0003
                      Striving readers
                      158
                      160

                      0004
                      State agency programs
                      422
                      422

                      0005
                      Evaluation
                      1
                      1

                      0006
                      Special programs for migrant students
                      35
                      37
                      45

                      0007
                      High school graduation initiative
                      46

                      0900
                      Total new obligations
                      15,552
                      15,536
                      10,886

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      524
                      525
                      525

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      4,712
                      4,695
                      45

                      1160
                      Appropriation, discretionary (total)
                      4,712
                      4,695
                      45

                      Advance appropriations, discretionary:

                      1170
                      Advance appropriation
                      10,841
                      10,841
                      10,841

                      1180
                      Advanced appropriation, discretionary  (total)
                      10,841
                      10,841
                      10,841

                      1900
                      Budget authority (total)
                      15,553
                      15,536
                      10,886

                      1930
                      Total budgetary resources available
                      16,077
                      16,061
                      11,411

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      525
                      525
                      525

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      9,463
                      9,178
                      8,199

                      3010
                      Obligations incurred, unexpired accounts
                      15,552
                      15,536
                      10,886

                      3020
                      Outlays (gross)
                      –15,775
                      –16,515
                      –15,530

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –62

                      3050
                      Unpaid obligations, end of year
                      9,178
                      8,199
                      3,555

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      9,463
                      9,178
                      8,199

                      3200
                      Obligated balance, end of year
                      9,178
                      8,199
                      3,555

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      15,553
                      15,536
                      10,886

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      7,913
                      8,550
                      8,457

                      4011
                      Outlays from discretionary balances
                      7,862
                      7,965
                      7,073

                      4020
                      Outlays, gross (total)
                      15,775
                      16,515
                      15,530

                      4180
                      Budget authority, net (total)
                      15,553
                      15,536
                      10,886

                      4190
                      Outlays, net (total)
                      15,775
                      16,515
                      15,530

             SUMMARY OF PROGRAM LEVEL (in millions of dollars)

                         2014–2015 Academic Year
                         2015–2016 Academic Year
                         2016–2017 Academic Year

                         New Budget Authority
                         $4,712
                         $4,695
                         $5,752

                         Advance appropriation
                         10,841
                         10,841
                         10,841

                         Total program level
                         15,553
                         15,536
                         16,593

              This account includes resources that are proposed for later transmittal under the expected reauthorization of the Elementary
                and Secondary Education Act of 1965 (ESEA). When new authorizing legislation is enacted, resources will be requested for these
                programs. See the "Legislative proposal, not subject to PAYGO" schedule for additional details.

             Special programs for migrant students.—Funds support grants to institutions of higher education and nonprofit organizations that assist migrant students in earning
                a high school equivalency certificate or in completing their first year of college.

          Object Classification (in millions of dollars)

                      Identification code 091–0900–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      5
                      1

                      25.2
                      Other services from non-Federal sources
                      18
                      18

                      25.3
                      Other goods and services from Federal sources

                      4

                      41.0
                      Grants, subsidies, and contributions
                      15,529
                      15,513
                      10,886

                      99.9
                      Total new obligations
                      15,552
                      15,536
                      10,886

             Education for the Disadvantaged

             (Legislative proposal, not subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0900–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Grants to local educational agencies

                      4,569

                      0002
                      School improvement grants

                      556

                      0003
                      Striving readers

                      160

                      0004
                      State agency programs

                      422

                      0900
                      Total new obligations

                      5,707

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      5,707

                      1160
                      Appropriation, discretionary (total)

                      5,707

                      1900
                      Budget authority (total)

                      5,707

                      1930
                      Total budgetary resources available

                      5,707

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      5,707

                      3020
                      Outlays (gross)

                      –114

                      3050
                      Unpaid obligations, end of year

                      5,593

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      5,593

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      5,707

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      114

                      4180
                      Budget authority, net (total)

                      5,707

                      4190
                      Outlays, net (total)

                      114

             The resources in this schedule are proposed for later transmittal under the expected reauthorization of the Elementary and
                Secondary Education Act of 1965.

             Grants to local educational agencies.—Funds would be allocated via formula for programs that provide academic support to help students in high-poverty schools
                meet college- and career-ready standards. States would assess annually all students in certain grades in at least English
                language arts and mathematics, and use the results of these assessments to measure local educational agency (LEA) and school
                progress in ensuring that all students are meeting, or are on track to meet, college- and career-ready standards; to inform
                families about whether their children are meeting or are on track to meet such standards; and to develop appropriate improvement
                and support strategies for schools and LEAs. States would establish systems for differentiating among schools and LEAs on
                the basis of performance, including recognition and rewards for highly effective schools and LEAs, the implementation of rigorous
                school intervention models in the lowest-achieving schools, and State-approved, research-based interventions in low-performing
                schools that are not serving their students well. The request also includes a pilot opportunity for districts that distribute
                funds to schools more equitably to receive relief from Federal reporting and fiscal requirements.

             School improvement grants.—Funds would primarily support formula grants to States to help LEAs turn around their lowest-achieving schools by implementing
                rigorous school intervention models. In general, such schools would rank in the bottom five percent of performance in their
                States based on proficiency rates and lack of progress or, in the case of high schools, have a graduation rate below 60 percent.
                Once States have served their lowest-achieving schools, funds could be used for other school improvement and support efforts
                in eligible schools. Funds would also support competitive grants to States that have used or are using formula funds for interventions
                with evidence of effectiveness; States would use these funds for new awards to LEAs to implement such interventions or school
                closures.

             Striving readers.— Funds would support competitive grants to LEAs to provide targeted, evidence-based literacy interventions in high-need
                schools. Grantees would implement high-quality literacy programs, aligned with college- and career-ready English language
                arts standards, in at least two grades based on a required needs assessment.

             State agency migrant program.—Funds would support formula grants to States for educational services to children of migratory farmworkers and fishers,
                with resources and services focused on children who have moved within the past 36 months.

             State agency neglected and delinquent children and youth education program.—Funds would support formula grants to States for educational services to neglected or delinquent children and youth in State-run
                institutions, attending community day programs, and in adult correctional facilities.

          Object Classification (in millions of dollars)

                      Identification code 091–0900–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services

                      1

                      25.2
                      Other services from non-Federal sources

                      1

                      25.3
                      Other goods and services from Federal sources

                      4

                      41.0
                      Grants, subsidies, and contributions

                      5,701

                      99.9
                      Total new obligations

                      5,707

             School ReadinessFor carrying out, in accordance with the applicable requirements of part D of title V of the Elementary and Secondary Education
                Act of 1965, $750,000,000 for obligation through December 31, 2016, for a preschool development grants program: Provided,
                That the Secretary, jointly with the Secretary of Health and Human Services, shall use all funds made available under this
                heading to make competitive awards to States, the Bureau of Indian Education, Tribal Educational Agencies, Territories, or
                Outlying Areas for activities that build the capacity to develop, enhance, or expand high-quality preschool programs, including
                comprehensive services and family engagement, for preschool-aged children from families at or below 200 percent of the Federal
                poverty line: Provided further, That the Secretary may permit or require States, the Bureau of Indian Education, Tribal Educational
                Agencies, Territories, or Outlying Areas to subgrant a portion of grant funds to local educational agencies or other early
                learning providers (including, but not limited to, Head Start programs and licensed child care providers), or consortia thereof,
                for the implementation of high-quality preschool programs for children from families at or below 200 percent of the Federal
                poverty line: Provided further, That subgrantees that are local educational agencies shall form strong partnerships with early
                learning providers and that subgrantees that are early learning providers shall form strong partnerships with local educational
                agencies, in order to carry out the requirements of the subgrant: Provided further, That, notwithstanding the second proviso,
                up to 5 percent of such funds for preschool development grants shall be available for technical assistance, evaluation, early
                education research, pilots to improve the integration of early learning programs, support the transition from preschool to
                elementary school, and improve outcomes in the early grades, and other national activities related to such grants.
          Program and Financing (in millions of dollars)

                      Identification code 091–0015–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Preschool development grants

                      750

                      0900
                      Total new obligations (object class 41.0)

                      750

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      750

                      1160
                      Appropriation, discretionary (total)

                      750

                      1930
                      Total budgetary resources available

                      750

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      750

                      3020
                      Outlays (gross)

                      –38

                      3050
                      Unpaid obligations, end of year

                      712

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      712

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      750

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      38

                      4180
                      Budget authority, net (total)

                      750

                      4190
                      Outlays, net (total)

                      38

             Preschool development grants._Funds would support grants to develop, enhance, or expand high-quality preschool programs. The Department would provide competitive
                grants to States the Bureau of Indian Education, Tribal Educational Agencies, Territories, or Outlying Areas to build or enhance
                a preschool program infrastructure and scale-up high-quality preschool programs in targeted high-need communities that serve
                as models for expanding preschool to all four-year-olds from low- and moderate-income families.  Funds would also support
                national activities, such as technical assistance, evaluation, early education research, and a pilot program designed to test
                innovative approaches to strengthening the effectiveness of early learning interventions and improving the transitions of
                children from preschool into kindergarten through third grade.

             School Readiness

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0015–4–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Preschool for all

                      1,300

                      0900
                      Total new obligations (object class 41.0)

                      1,300

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      1,300

                      1260
                      Appropriations, mandatory (total)

                      1,300

                      1930
                      Total budgetary resources available

                      1,300

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      1,300

                      3020
                      Outlays (gross)

                      –130

                      3050
                      Unpaid obligations, end of year

                      1,170

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      1,170

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      1,300

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      130

                      4180
                      Budget authority, net (total)

                      1,300

                      4190
                      Outlays, net (total)

                      130

              Preschool for all.—Funds would support grants to States for the implementation of high-quality preschool programs that are aligned with elementary
                and secondary education systems. The Department would share costs with States to provide universal access to high-quality
                preschool for children from low and moderate income families and provide incentives for States to serve additional children
                from middle-class families.

             Impact aid[For carrying out programs of financial assistance to federally affected schools authorized by title VIII of the ESEA, $1,288,603,000,
             of which $1,151,233,000 shall be for basic support payments under section 8003(b), $48,316,000 shall be for payments for children
             with disabilities under section 8003(d), $17,406,000 shall be for construction under section 8007(b) and be available for
             obligation through September 30, 2016, $66,813,000 shall be for Federal property payments under section 8002, and $4,835,000,
             to remain available until expended, shall be for facilities maintenance under section 8008: Provided, That for purposes of computing the amount of a payment for an eligible local educational agency under section 8003(a) for
             school year 2014–2015, children enrolled in a school of such agency that would otherwise be eligible for payment under section
             8003(a)(1)(B) of such Act, but due to the deployment of both parents or legal guardians, or a parent or legal guardian having
             sole custody of such children, or due to the death of a military parent or legal guardian while on active duty (so long as
             such children reside on Federal property as described in section 8003(a)(1)(B)), are no longer eligible under such section,
             shall be considered as eligible students under such section, provided such students remain in average daily attendance at
             a school in the same local educational agency they attended prior to their change in eligibility status.] (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0102–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Basic support payments
                      1,152
                      1,152

                      0002
                      Payments for children with disabilities
                      48
                      48

                      0091
                      Direct program activities, subtotal
                      1,200
                      1,200

                      0101
                      Facilities maintenance

                      14

                      0201
                      Construction
                      18
                      17

                      0301
                      Payments for Federal property
                      67
                      67

                      0900
                      Total new obligations (object class 41.0)
                      1,285
                      1,298

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      5
                      9

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      1,289
                      1,289

                      1160
                      Appropriation, discretionary (total)
                      1,289
                      1,289

                      1930
                      Total budgetary resources available
                      1,294
                      1,298

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      9

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      346
                      488
                      310

                      3010
                      Obligations incurred, unexpired accounts
                      1,285
                      1,298

                      3011
                      Obligations incurred, expired accounts
                      309

                      3020
                      Outlays (gross)
                      –1,144
                      –1,476
                      –189

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –308

                      3050
                      Unpaid obligations, end of year
                      488
                      310
                      121

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      346
                      488
                      310

                      3200
                      Obligated balance, end of year
                      488
                      310
                      121

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,289
                      1,289

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      1,096
                      1,142

                      4011
                      Outlays from discretionary balances
                      48
                      334
                      189

                      4020
                      Outlays, gross (total)
                      1,144
                      1,476
                      189

                      4180
                      Budget authority, net (total)
                      1,289
                      1,289

                      4190
                      Outlays, net (total)
                      1,144
                      1,476
                      189

              The resources for programs in this account are proposed for later transmittal under the expected reauthorization of the Elementary
                and Secondary Education Act of 1965. When new authorizing legislation is enacted, resources will be requested for these programs.
                See the "Legislative proposal, not subject to PAYGO" schedule for additional details.

             Impact Aid

             (Legislative proposal, not subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0102–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Basic support payments

                      1,152

                      0002
                      Payments for children with disabilities

                      48

                      0091
                      Direct program activities, subtotal

                      1,200

                      0101
                      Facilities maintenance

                      72

                      0201
                      Construction

                      17

                      0900
                      Total new obligations (object class 41.0)

                      1,289

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      1,289

                      1160
                      Appropriation, discretionary (total)

                      1,289

                      1930
                      Total budgetary resources available

                      1,289

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      1,289

                      3020
                      Outlays (gross)

                      –1,089

                      3050
                      Unpaid obligations, end of year

                      200

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      200

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      1,289

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      1,089

                      4180
                      Budget authority, net (total)

                      1,289

                      4190
                      Outlays, net (total)

                      1,089

              The resources in this schedule are proposed for later transmittal under the expected reauthorization of the Elementary and
                Secondary Education Act of 1965.

             Impact Aid helps to replace the lost local revenue that would otherwise be available to educate federally connected children.
                The presence of certain students living on Federal property, such as students who are military dependents or who reside on
                Indian lands, can place a financial burden on local educational agencies (LEAs) that educate them. The property on which the
                children live and their parents work is exempt from local property taxes, denying local educational agencies access to the
                primary source of revenue used by most communities to finance education.

             Basic support payments.—Payments will be made on behalf of more than 900,000 federally connected students enrolled in about 1,150 LEAs to assist
                them in meeting their operation and maintenance costs. Average per-student payments will be approximately $1,300.

             Payments for children with disabilities.—Payments in addition to those provided under the Individuals with Disabilities Education Act (IDEA) will be provided on
                behalf of approximately 54,000 federally connected students with disabilities in about 900 LEAs. Average per-student payments
                will be approximately $900.

             Facilities maintenance.—Funds will be used to provide emergency repairs for school facilities that serve military dependents and are owned by the
                Department of Education. Funds will also be used to transfer the facilities to LEAs.

             Construction.—Approximately 6–10 construction grants will be awarded competitively to the highest-need Impact Aid LEAs for emergency repairs
                and modernization of school facilities.

             School improvement programsFor carrying out school improvement activities authorized by [parts A and B of title II, part B of title IV, parts A and B of title VI, and parts B and C of title VII of the ESEA;] the McKinney-Vento Homeless Assistance Act; section 203 of the Educational Technical Assistance Act of 2002; the Compact
             of Free Association Amendments Act of 2003; and the Civil Rights Act of 1964, [$4,402,671,000, of which $2,585,661,000 shall become available on July 1, 2015, and remain available through September 30,
             2016, and of which $1,681,441,000 shall become available on October 1, 2015, and shall remain available through September
             30, 2016, for academic year 2015–2016] $150,261,000: Provided, That [funds made available to carry out part B of title VII of the ESEA may be used for construction, renovation, and modernization
             of any elementary school, secondary school, or structure related to an elementary school or secondary school, run by the Department
             of Education of the State of Hawaii, that serves a predominantly Native Hawaiian student body: Provided further, That funds made available to carry out part C of title VII of the ESEA shall be awarded on a competitive basis, and also
             may be used for construction: Provided further, That $48,445,000] $55,445,000 shall be available to carry out section 203 of the Educational Technical Assistance Act of 2002 and the Secretary shall make such arrangements as determined to be necessary to ensure that the Bureau of Indian Education
                has access to services provided under this section: Provided further, That $16,699,000 shall be available to carry out the Supplemental Education Grants program for the Federated States of Micronesia
             and the Republic of the Marshall Islands: Provided further, That the Secretary may reserve up to 5 percent of the amount referred to in the previous proviso to provide technical assistance
             in the implementation of these grants [: Provided further, That up to 2.3 percent of the funds for subpart 1 of part A of title II of the ESEA shall be reserved by the Secretary for
             competitive awards for teacher or principal recruitment and training or professional enhancement activities, including for
             civic education instruction, to national not-for-profit organizations, of which up to 8 percent may only be used for research,
             dissemination, evaluation, and technical assistance for competitive awards carried out under this proviso: Provided further, That $152,717,000 shall be to carry out part B of title II of the ESEA]. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–1000–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Improving teacher quality State grants
                      2,341
                      2,350
                      1,681

                      0002
                      Mathematics and science partnerships
                      150
                      153

                      0003
                      21st century community learning centers
                      1,146
                      1,152

                      0004
                      State assessments
                      372
                      378

                      0005
                      Education for homeless children and youths
                      65
                      65
                      72

                      0006
                      Education for Native Hawaiians
                      32
                      32

                      0007
                      Alaska Native education equity
                      31
                      31

                      0008
                      Training and advisory services
                      7
                      7
                      7

                      0009
                      Rural education
                      170
                      170

                      0010
                      Supplemental education grants
                      17
                      17
                      17

                      0011
                      Comprehensive centers
                      48
                      48
                      55

                      0900
                      Total new obligations
                      4,379
                      4,403
                      1,832

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      77
                      92
                      91

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      2,716
                      2,721
                      151

                      1160
                      Appropriation, discretionary (total)
                      2,716
                      2,721
                      151

                      Advance appropriations, discretionary:

                      1170
                      Advance appropriation
                      1,681
                      1,681
                      1,681

                      1180
                      Advanced appropriation, discretionary  (total)
                      1,681
                      1,681
                      1,681

                      1900
                      Budget authority (total)
                      4,397
                      4,402
                      1,832

                      1930
                      Total budgetary resources available
                      4,474
                      4,494
                      1,923

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –3

                      1941
                      Unexpired unobligated balance, end of year
                      92
                      91
                      91

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      4,637
                      4,576
                      4,749

                      3010
                      Obligations incurred, unexpired accounts
                      4,379
                      4,403
                      1,832

                      3020
                      Outlays (gross)
                      –4,402
                      –4,230
                      –4,330

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –38

                      3050
                      Unpaid obligations, end of year
                      4,576
                      4,749
                      2,251

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      4,637
                      4,576
                      4,749

                      3200
                      Obligated balance, end of year
                      4,576
                      4,749
                      2,251

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      4,397
                      4,402
                      1,832

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      1,016
                      1,063
                      1,012

                      4011
                      Outlays from discretionary balances
                      3,386
                      3,167
                      3,318

                      4020
                      Outlays, gross (total)
                      4,402
                      4,230
                      4,330

                      4180
                      Budget authority, net (total)
                      4,397
                      4,402
                      1,832

                      4190
                      Outlays, net (total)
                      4,402
                      4,230
                      4,330

             SUMMARY OF PROGRAM LEVEL (in millions of dollars)

                         2014–2015 Academic Year
                         2015–2016 Academic Year
                         2016–2017 Academic Year

                         New Budget Authority
                         $2,716
                         $2,721
                         $3,012

                         Advance Appropriation
                         1,681
                         1,681
                         1,681

                         Total program level
                         4,397
                         4,403
                         4,693

                         Change in advance appropriation over previous year
                         0
                         0
                         0

             This account includes resources that are proposed for later transmittal under the expected reauthorization of the Elementary
                and Secondary Education Act of 1965 (ESEA). When new authorizing legislation is enacted, resources will be requested for these
                programs. See the "Legislative proposal, not subject to PAYGO" schedule for additional details.

             Education for homeless children and youths.—Funds support formula grants to States to provide educational and support services that enable homeless children and youth
                to attend and achieve success in school.

             Training and advisory services._Funds support grants to regional equity assistance centers that provide technical assistance to local educational agencies
                (LEAs) in addressing educational equity related to issues of race, gender, and national origin.

             Supplemental education grants._Funds support grants to the Federated States of Micronesia and to the Republic of the Marshall Islands in place of grant programs
                in which those Freely Associated States no longer participate pursuant to the Compact of Free Association Amendments Act of
                2003.

             Comprehensive centers._Funds support 22 comprehensive centers that focus on building State capacity to help school districts and schools meet the
                requirements of the ESEA.

          Object Classification (in millions of dollars)

                      Identification code 091–1000–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      18
                      31
                      2

                      25.3
                      Other goods and services from Federal sources
                      2

                      25.5
                      Research and development contracts
                      2
                      2
                      2

                      41.0
                      Grants, subsidies, and contributions
                      4,357
                      4,370
                      1,828

                      99.9
                      Total new obligations
                      4,379
                      4,403
                      1,832

             School Improvement Programs

             (Legislative proposal, not subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–1000–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Improving teacher quality State grants

                      668

                      0002
                      Mathematics and science partnerships

                      203

                      0003
                      Education technology State grants

                      200

                      0004
                      21st century community learning centers

                      1,152

                      0005
                      State assessments

                      403

                      0006
                      Education for Native Hawaiians

                      33

                      0007
                      Alaska Native education equity

                      32

                      0008
                      Rural education

                      170

                      0900
                      Total new obligations

                      2,861

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      2,861

                      1160
                      Appropriation, discretionary (total)

                      2,861

                      1900
                      Budget authority (total)

                      2,861

                      1930
                      Total budgetary resources available

                      2,861

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      2,861

                      3020
                      Outlays (gross)

                      –57

                      3050
                      Unpaid obligations, end of year

                      2,804

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      2,804

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      2,861

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      57

                      4180
                      Budget authority, net (total)

                      2,861

                      4190
                      Outlays, net (total)

                      57

             The resources in this schedule are proposed for later transmittal under the expected reauthorization of the Elementary and
                Secondary Education Act of 1965.

             Improving teacher quality State grants.—Funds would support formula grants to States and LEAs to improve teacher and principal effectiveness and ensure the equitable
                distribution of effective and highly effective teachers and principals. The Department would reserve up to 5 percent of the
                appropriation for this program to support teacher and school leader enhancement projects with evidence of effectiveness and
                conduct related national leadership activities.

             Mathematics and science partnerships.— Funds would primarily support formula grants to States to assist LEAs, in partnership with institutions of higher education
                (IHEs), businesses, and other entities, in implementing activities to improve teacher effectiveness and student engagement
                and achievement in science, technology, engineering, and mathematics (STEM). Funds would also be used for competitive grants
                directly to eligible partnerships for such activities and for national activities, including a STEM virtual learning network.

             Education technology State grants.—Funds would support State subgrants to model districts to support teachers and leaders in using technology to improve instruction
                and personalize learning. Funds would also be used to build State capacity to help districts use technology to improve instruction
                as well as identify and scale effective local practices to other districts in the State.

             21st century community learning centers.—Funds would support formula grants to States for projects that provide the additional time, support, and enrichment activities
                needed to improve student achievement.

             State assessments.—Funds would support formula and competitive grants to States to develop and implement assessments that are aligned with college-
                and career-ready academic standards.

             Education for Native Hawaiians.—Funds would support competitive grants to public and private entities to develop or operate innovative projects that enhance
                the educational services provided to Native Hawaiian children and adults.

             Alaska Native education equity.—Funds would support competitive grants to LEAs and other public and private organizations to develop or operate innovative
                projects that enhance the educational services provided to Alaska Native children and adults.

             Rural education.—Funds would support formula grants under two programs: the Small, Rural School Achievement program and the Rural and Low-Income
                School program. The Small, Rural School Achievement program provides rural LEAs with small enrollments with additional formula
                funds. Funds under the Rural and Low-Income School program, which targets rural LEAs that serve concentrations of poor students,
                are allocated by formula to States, which in turn allocate funds to eligible LEAs.

          Object Classification (in millions of dollars)

                      Identification code 091–1000–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources

                      43

                      41.0
                      Grants, subsidies, and contributions

                      2,818

                      99.9
                      Total new obligations

                      2,861

             Safe schools and citizenship education[For carrying out activities authorized by part A of title IV and subparts 1, 2, and 10 of part D of title V of the ESEA, $223,315,000:
             Provided, That $70,000,000 shall be available for subpart 2 of part A of title IV, of which up to $5,000,000, to remain available
             until expended, shall be for the Project School Emergency Response to Violence ("Project SERV") program to provide education-related
             services to local educational agencies and institutions of higher education in which the learning environment has been disrupted
             due to a violent or traumatic crisis: Provided further, That $56,754,000 shall be available through December 31, 2015 for Promise Neighborhoods.] (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0203–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Safe and drug-free schools and communities national activities
                      90
                      75

                      0002
                      Elementary and secondary school counseling
                      50
                      50

                      0003
                      Physical education program
                      75
                      47

                      0004
                      Promise neighborhoods
                      58
                      57
                      52

                      0500
                      Direct program activities, subtotal
                      273
                      229
                      52

                      0900
                      Total new obligations
                      273
                      229
                      52

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      59
                      57
                      52

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      271
                      224

                      1160
                      Appropriation, discretionary (total)
                      271
                      224

                      1930
                      Total budgetary resources available
                      330
                      281
                      52

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      57
                      52

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      395
                      381
                      311

                      3010
                      Obligations incurred, unexpired accounts
                      273
                      229
                      52

                      3020
                      Outlays (gross)
                      –270
                      –299
                      –245

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –17

                      3050
                      Unpaid obligations, end of year
                      381
                      311
                      118

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      395
                      381
                      311

                      3200
                      Obligated balance, end of year
                      381
                      311
                      118

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      271
                      224

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      5
                      4

                      4011
                      Outlays from discretionary balances
                      265
                      295
                      245

                      4020
                      Outlays, gross (total)
                      270
                      299
                      245

                      4180
                      Budget authority, net (total)
                      271
                      224

                      4190
                      Outlays, net (total)
                      270
                      299
                      245

             The resources for programs in this account are proposed for later transmittal under the expected reauthorization of the Elementary
                and Secondary Education Act of 1965. When new authorizing legislation is enacted, resources will be requested for these programs.
                See the "Legislative proposal, not subject to PAYGO" schedule for additional details.

          Object Classification (in millions of dollars)

                      Identification code 091–0203–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      9
                      6

                      25.3
                      Other goods and services from Federal sources
                      2
                      2

                      41.0
                      Grants, subsidies, and contributions
                      262
                      221
                      52

                      99.9
                      Total new obligations
                      273
                      229
                      52

             Safe Schools and Citizenship Education

             (Legislative proposal, not subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0203–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Safe and drug-free schools and communities national activities

                      90

                      0002
                      Elementary and secondary school counseling

                      50

                      0003
                      Physical education program

                      60

                      0004
                      Promise neighborhoods

                      150

                      0500
                      Direct program activities, subtotal

                      350

                      0900
                      Total new obligations

                      350

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      350

                      1160
                      Appropriation, discretionary (total)

                      350

                      1930
                      Total budgetary resources available

                      350

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      350

                      3020
                      Outlays (gross)

                      –7

                      3050
                      Unpaid obligations, end of year

                      343

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      343

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      350

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      7

                      4180
                      Budget authority, net (total)

                      350

                      4190
                      Outlays, net (total)

                      7

             The resources in this schedule are proposed for later transmittal under the expected reauthorization of the Elementary and
                Secondary Education Act of 1965.

             Safe and drug-free schools and communities national activities.—Funds support competitive grants and other discretionary activities to foster a safe, secure, and drug-free learning environment,
                facilitate emergency management and preparedness, and prevent drug use and violence by students. These activities include
                school safety initiatives in Now Is The Time, the President's plan to protect our children and our communities by reducing gun violence, including efforts to create positive
                school climates and to counter the effects of pervasive violence on students.

             Elementary and secondary school counseling.—Funds support competitive grants to assist local educational agencies in developing or expanding elementary and secondary
                school counseling programs.

             Physical education.—Funds support competitive grants to local educational agencies and community-based organizations to help cover the costs
                of initiating, expanding, and improving physical education programs for students in kindergarten through 12th grade.

             Promise neighborhoods.—Funds support competitive grants and other activities for projects designed to improve significantly the educational and
                developmental outcomes of children within the Nation's most distressed communities, with the goal of transforming those communities
                so that all children in the community have access to a cradle-through-college-to-career continuum of academic programs and
                community supports, including effective schools and services.  Promise Neighborhoods is also a central component of the Administration's
                Promise Zones—high-poverty communities where the Federal Government will engage more directly with local leaders to break
                down barriers and help them access the resources and expertise they need to create jobs, leverage private investment, increase
                economic activity, reduce violence, and expand educational opportunities.

          Object Classification (in millions of dollars)

                      Identification code 091–0203–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources

                      8

                      25.3
                      Other goods and services from Federal sources

                      2

                      41.0
                      Grants, subsidies, and contributions

                      340

                      99.9
                      Total new obligations

                      350

             Indian education[For expenses necessary to carry out, to the extent not otherwise provided, title VII, part A of the ESEA, $123,939,000.] (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0101–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Grants to local educational agencies
                      100
                      100

                      0002
                      Special programs for Indian children
                      18
                      18

                      0003
                      National activities
                      6
                      6

                      0900
                      Total new obligations
                      124
                      124

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      124
                      124

                      1160
                      Appropriation, discretionary (total)
                      124
                      124

                      1930
                      Total budgetary resources available
                      124
                      124

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      134
                      131
                      144

                      3010
                      Obligations incurred, unexpired accounts
                      124
                      124

                      3020
                      Outlays (gross)
                      –124
                      –111
                      –116

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –3

                      3050
                      Unpaid obligations, end of year
                      131
                      144
                      28

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      134
                      131
                      144

                      3200
                      Obligated balance, end of year
                      131
                      144
                      28

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      124
                      124

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6
                      6

                      4011
                      Outlays from discretionary balances
                      118
                      105
                      116

                      4020
                      Outlays, gross (total)
                      124
                      111
                      116

                      4180
                      Budget authority, net (total)
                      124
                      124

                      4190
                      Outlays, net (total)
                      124
                      111
                      116

             The resources for programs in this account are proposed for later transmittal under the expected reauthorization of the Elementary
                and Secondary Education Act of 1965. When new authorizing legislation is enacted, resources will be requested for these programs.
                See the "Legislative proposal, not subject to PAYGO" schedule for additional details.

          Object Classification (in millions of dollars)

                      Identification code 091–0101–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      2
                      2

                      41.0
                      Grants, subsidies, and contributions
                      122
                      122

                      99.9
                      Total new obligations
                      124
                      124

             Indian Education

             (Legislative proposal, not subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0101–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Grants to local educational agencies

                      100

                      0002
                      Special programs for Indian children

                      68

                      0003
                      National activities

                      6

                      0900
                      Total new obligations

                      174

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      174

                      1160
                      Appropriation, discretionary (total)

                      174

                      1930
                      Total budgetary resources available

                      174

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      174

                      3020
                      Outlays (gross)

                      –9

                      3050
                      Unpaid obligations, end of year

                      165

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      165

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      174

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      9

                      4180
                      Budget authority, net (total)

                      174

                      4190
                      Outlays, net (total)

                      9

             The resources in this schedule are proposed for later transmittal under the expected reauthorization of the Elementary and
                Secondary Education Act of 1965. The Indian Education programs support the efforts of local educational agencies (LEA) and
                tribal schools to improve teaching and learning for the Nation's American Indian and Alaska Native children.

             Grants to local educational agencies.—Formula grants support LEAs in their efforts to reform elementary and secondary school programs that serve Indian students,
                with the goal of ensuring that such programs assist participating students in meeting the same academic standards as all other
                students.

             Special programs for Indian children.—Funds support competitive awards for Native Youth Community Projects and projects in early childhood education and college
                preparation under the Demonstration Grants authority, as well as professional development grants for training Native American
                teachers and administrators for employment in school districts with concentrations of Indian students.

             National activities.—Funds support research, evaluation, data collection, and related activities.

          Object Classification (in millions of dollars)

                      Identification code 091–0101–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources

                      2

                      41.0
                      Grants, subsidies, and contributions

                      172

                      99.9
                      Total new obligations

                      174

             Education Jobs Fund

             Program and Financing (in millions of dollars)

                      Identification code 091–0012–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      10
                      10

                      3020
                      Outlays (gross)

                      –10

                      3050
                      Unpaid obligations, end of year
                      10

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      10
                      10

                      3200
                      Obligated balance, end of year
                      10

                      Budget authority and outlays, net:

                      Mandatory:

                      Outlays, gross:

                      4101
                      Outlays from mandatory balances

                      10

                      4190
                      Outlays, net (total)

                      10

             Amounts in the schedule reflect balances that are spending out from a prior-year appropriation.

             State Fiscal Stabilization Fund, Recovery Act

             Program and Financing (in millions of dollars)

                      Identification code 091–1909–0–1–999
                      2014 actual
                      2015 est.
                      2016 est.

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      2,572
                      1,185

                      3011
                      Obligations incurred, expired accounts
                      3

                      3020
                      Outlays (gross)
                      –1,387
                      –1,185

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –3

                      3050
                      Unpaid obligations, end of year
                      1,185

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      2,572
                      1,185

                      3200
                      Obligated balance, end of year
                      1,185

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      1,387
                      1,185

                      4190
                      Outlays, net (total)
                      1,387
                      1,185

             Amounts in this schedule reflect balances that are spending out from a prior-year appropriation.

             Office of Innovation and Improvement

             Federal Funds
             Innovation and improvement[For carrying out activities authorized by part G of title I, subpart 5 of part A and parts C and D of title II, parts B, C,
             and D of title V of the ESEA, and section 14007 of division A of the American Recovery and Reinvestment Act of 2009, as amended,
             $1,102,111,000: Provided, That up to $120,000,000 shall be available through December 31, 2015 for section 14007 of division A of Public Law 111–5,
             and up to 5 percent of such funds may be used for technical assistance and the evaluation of activities carried out under
             such section: Provided further, That the education facilities clearinghouse established through a competitive award process in fiscal year 2013 is authorized
             to collect and disseminate information on effective educational practices and the latest research regarding the planning,
             design, financing, construction, improvement, operation, and maintenance of safe, healthy, high-performance public facilities
             for early learning programs, kindergarten through grade 12, and higher education: Provided further, That $230,000,000 of the funds for subpart 1 of part D of title V of the ESEA shall be for competitive grants to local educational
             agencies, including charter schools that are local educational agencies, or States, or partnerships of: (1) a local educational
             agency, a State, or both; and (2) at least one nonprofit organization to develop and implement performance-based compensation
             systems for teachers, principals, and other personnel in high-need schools: Provided further, That such performance-based compensation systems must consider gains in student academic achievement as well as classroom
             evaluations conducted multiple times during each school year among other factors and provide educators with incentives to
             take on additional responsibilities and leadership roles: Provided further, That recipients of such grants shall demonstrate that such performance-based compensation systems are developed with the
             input of teachers and school leaders in the schools and local educational agencies to be served by the grant: Provided further, That recipients of such grants may use such funds to develop or improve systems and tools (which may be developed and used
             for the entire local educational agency or only for schools served under the grant) that would enhance the quality and success
             of the compensation system, such as high-quality teacher evaluations and tools to measure growth in student achievement: Provided further, That applications for such grants shall include a plan to sustain financially the activities conducted and systems developed
             under the grant once the grant period has expired: Provided further, That up to 5 percent of such funds for competitive grants shall be available for technical assistance, training, peer review
             of applications, program outreach, and evaluation activities: Provided further, That $250,000,000 of the funds for part D of title V of the ESEA shall be available through December 31, 2015 for carrying
             out, in accordance with the applicable requirements of part D of title V of the ESEA, a preschool development grants program:
             Provided further, That the Secretary, jointly with the Secretary of HHS, shall make competitive awards to States for activities that build
             the capacity within the State to develop, enhance, or expand high-quality preschool programs, including comprehensive services
             and family engagement, for preschool-aged children from families at or below 200 percent of the Federal poverty line: Provided further, That each State may subgrant a portion of such grant funds to local educational agencies and other early learning providers
             (including, but not limited to, Head Start programs and licensed child care providers), or consortia thereof, for the implementation
             of high-quality preschool programs for children from families at or below 200 percent of the Federal poverty line: Provided further, That subgrantees that are local educational agencies shall form strong partnerships with early learning providers and that
             subgrantees that are early learning providers shall form strong partnerships with local educational agencies, in order to
             carry out the requirements of the subgrant: Provided further, That up to 3 percent of such funds for preschool development grants shall be available for technical assistance, evaluation,
             and other national activities related to such grants: Provided further, That $10,000,000 of funds available under part D of title V of the ESEA shall be for the Full-Service Community Schools
             program: Provided further, That of the funds available for part B of title V of the ESEA, the Secretary shall use up to $11,000,000 to carry out activities
             under section 5205(b) and shall use not less than $13,000,000 for subpart 2: Provided further, That of the funds available for subpart 1 of part B of title V of the ESEA, and notwithstanding section 5205(a), the Secretary
             shall reserve up to $75,000,000 to make multiple awards to non-profit charter management organizations and other entities
             that are not for-profit entities for the replication and expansion of successful charter school models and shall reserve not
             less than $11,000,000 to carry out the activities described in section 5205(a), including improving quality and oversight
             of charter schools and providing technical assistance and grants to authorized public chartering agencies in order to increase
             the number of high-performing charter schools: Provided further, That funds available for part B of title V of the ESEA may be used for grants that support preschool education in charter
             schools: Provided further, That each application submitted pursuant to section 5203(a) shall describe a plan to monitor and hold accountable authorized
             public chartering agencies through such activities as providing technical assistance or establishing a professional development
             program, which may include evaluation, planning, training, and systems development for staff of authorized public chartering
             agencies to improve the capacity of such agencies in the State to authorize, monitor, and hold accountable charter schools:
             Provided further, That each application submitted pursuant to section 5203(a) shall contain assurances that State law, regulations, or other
             policies require that: (1) each authorized charter school in the State operate under a legally binding charter or performance
             contract between itself and the school's authorized public chartering agency that describes the rights and responsibilities
             of the school and the public chartering agency; conduct annual, timely, and independent audits of the school's financial statements
             that are filed with the school's authorized public chartering agency; and demonstrate improved student academic achievement;
             and (2) authorized public chartering agencies use increases in student academic achievement for all groups of students described
             in section 1111(b)(2)(C)(v) of the ESEA as one of the most important factors when determining to renew or revoke a school's
             charter.] (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0204–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Race to the top
                      428
                      248

                      0002
                      Investing in innovation
                      141
                      139
                      120

                      0003
                      Teacher incentive fund
                      289
                      230

                      0004
                      Transition to teaching
                      14
                      14

                      0005
                      School leadership
                      26
                      16

                      0006
                      Charter schools grants
                      236
                      253

                      0007
                      Credit enhancement for charter school facilities
                      12

                      0008
                      Magnet schools assistance
                      92
                      92

                      0009
                      Advanced placement
                      28
                      28

                      0010
                      Ready-to-learn television
                      26
                      26

                      0011
                      Fund for the Improvement of Education:  Programs of national significance
                      42
                      56
                      243

                      0012
                      Arts in education
                      25
                      25

                      0100
                      Total direct program
                      1,359
                      1,127
                      363

                      0799
                      Total direct obligations
                      1,359
                      1,127
                      363

                      0801
                      SOAR Act
                      63
                      49
                      45

                      0900
                      Total new obligations
                      1,422
                      1,176
                      408

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      620
                      434
                      418

                      1021
                      Recoveries of prior year unpaid obligations
                      8

                      1050
                      Unobligated balance (total)
                      628
                      434
                      418

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      1,181
                      1,102

                      1160
                      Appropriation, discretionary (total)
                      1,181
                      1,102

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      48
                      58
                      58

                      1750
                      Spending auth from offsetting collections, disc (total)
                      48
                      58
                      58

                      1900
                      Budget authority (total)
                      1,229
                      1,160
                      58

                      1930
                      Total budgetary resources available
                      1,857
                      1,594
                      476

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –1

                      1941
                      Unexpired unobligated balance, end of year
                      434
                      418
                      68

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3,380
                      3,501
                      2,146

                      3010
                      Obligations incurred, unexpired accounts
                      1,422
                      1,176
                      408

                      3020
                      Outlays (gross)
                      –1,270
                      –2,531
                      –1,425

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –8

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –23

                      3050
                      Unpaid obligations, end of year
                      3,501
                      2,146
                      1,129

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3,380
                      3,501
                      2,146

                      3200
                      Obligated balance, end of year
                      3,501
                      2,146
                      1,129

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,229
                      1,160
                      58

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      3
                      23
                      1

                      4011
                      Outlays from discretionary balances
                      1,267
                      2,508
                      1,424

                      4020
                      Outlays, gross (total)
                      1,270
                      2,531
                      1,425

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –48
                      –58
                      –58

                      4180
                      Budget authority, net (total)
                      1,181
                      1,102

                      4190
                      Outlays, net (total)
                      1,222
                      2,473
                      1,367

             The resources for programs in this account are proposed for later transmittal under the expected reauthorization of the Elementary
                and Secondary Education Act of 1965. When new authorizing legislation is enacted, resources will be requested for these programs.
                See the "Legislative proposal, not subject to PAYGO" schedule for additional details.

          Object Classification (in millions of dollars)

                      Identification code 091–0204–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      26

                      25.2
                      Other services from non-Federal sources
                      14
                      31
                      2

                      25.3
                      Other goods and services from Federal sources
                      7

                      1

                      25.5
                      Research and development contracts
                      4
                      3
                      5

                      41.0
                      Grants, subsidies, and contributions
                      1,308
                      1,093
                      355

                      99.0
                      Direct obligations
                      1,359
                      1,127
                      363

                      99.0
                      Reimbursable obligations
                      63
                      49
                      45

                      99.9
                      Total new obligations
                      1,422
                      1,176
                      408

             Innovation and Improvement

             (Legislative proposal, not subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0204–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Investing in innovation

                      300

                      0002
                      Excellent educators grants

                      350

                      0003
                      Teacher and principal pathways

                      139

                      0004
                      Charter schools grants

                      375

                      0005
                      Magnet schools assistance

                      92

                      0006
                      Advanced placement

                      28

                      0007
                      Ready-to-learn television

                      26

                      0008
                      Fund for the Improvement of Education:  Programs of national significance

                      42

                      0009
                      Leveraging what works pilot

                      100

                      0010
                      Arts in education

                      25

                      0011
                      Next generation high schools

                      125

                      0100
                      Total direct program

                      1,602

                      0900
                      Total new obligations

                      1,602

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      1,602

                      1160
                      Appropriation, discretionary (total)

                      1,602

                      1930
                      Total budgetary resources available

                      1,602

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      1,602

                      3020
                      Outlays (gross)

                      –32

                      3050
                      Unpaid obligations, end of year

                      1,570

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      1,570

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      1,602

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      32

                      4180
                      Budget authority, net (total)

                      1,602

                      4190
                      Outlays, net (total)

                      32

             The resources in this schedule are proposed for later transmittal under the expected reauthorization of the Elementary and
                Secondary Education Act of 1965.

             Investing in innovation.—Funds would support grants to local educational agencies (LEAs) or to nonprofit organizations in partnership with one or
                more LEAs or a consortium of schools to develop and expand innovative strategies and practices that have been shown to be
                effective in improving educational outcomes for students. A portion of the funds would be used to launch the Advanced Research
                Projects Agency-Education, which would pursue breakthrough developments in educational technologies and other strategies for
                raising achievement.

             Excellent educators grants.—Funds would support evidence-based State and local initiatives to strengthen systems for recruiting, developing, and retaining
                effective teachers and school leaders in high-need LEAs and schools.

             Teacher and principal pathways.—Funds would support competitive grants to create and expand high-quality pathways into teaching and school leadership.

             Charter schools grants.—Funds would support competitive grants for the planning, design, initial implementation, and expansion of successful charter
                schools. Funds would also support information dissemination activities and competitive grants to improve charter schools'
                access to facilities.

              Magnet schools assistance.—Funds would support competitive grants to LEAs to establish and operate magnet school programs that are part of an approved
                desegregation plan.

             Advanced placement.—Funds would support noncompetitive grants to States to help cover the cost of advanced placement exams taken by students
                from low-income families. Funds would also support competitive grants to States, LEAs, and qualified nonprofit organizations
                to expand access to accelerated learning programs.

             Ready-to-learn television.—Funds would support competitive grants to public telecommunications entities to develop and distribute educational video
                programming and digital content, such as applications and online educational games, for preschool and elementary school children
                and their parents, caregivers, and teachers to facilitate student academic achievement.

             Fund for the improvement of education: programs of national significance.—Funds would support nationally significant projects to improve the quality of elementary and secondary education, including
                demonstrations linking education and child welfare or other data systems to support early warning indicator systems, an interagency
                initiative to strengthen services provided to disconnected youth, partnerships between districts and researchers to support
                non-cognitive interventions, and continuation of efforts to improve the quality, analysis, and reporting of elementary and
                secondary education performance data.

             Leveraging what works pilot.—Funds would support competitive grants to LEAs that agree to use a portion of their Federal formula grant funds, in combination
                with State and local resources, for comprehensive, evidence-based strategies that improve student outcomes while maintaining
                the funds' focus on serving low-income students.

             Arts in education.—Funds would support model projects and programs to integrate arts education into the regular elementary school and secondary
                school curriculum, through competitive grants to support model development and dissemination and professional development
                for arts educators.

             Next generation high schools.—Funds would support competitive grants to transform teaching and learning in high schools by encouraging partnerships among
                LEAs, institutions of higher education, businesses, and other entities to enhance instruction and provide career-related experiences
                to students, helping them prepare for college and careers. Grantees would leverage new and existing federal, State, and local
                resources to create learning models that are rigorous, relevant, and better focused on real-world experiences while incorporating
                personalized learning, work- and project-based learning, and career and college exploration.

          Object Classification (in millions of dollars)

                      Identification code 091–0204–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services

                      4

                      25.2
                      Other services from non-Federal sources

                      37

                      25.3
                      Other goods and services from Federal sources

                      1

                      25.5
                      Research and development contracts

                      5

                      41.0
                      Grants, subsidies, and contributions

                      1,555

                      99.9
                      Total new obligations

                      1,602

             Innovation and Improvement

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0204–4–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Teaching for tomorrow

                      1,000

                      0100
                      Total direct program

                      1,000

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      1,000

                      1260
                      Appropriations, mandatory (total)

                      1,000

                      1930
                      Total budgetary resources available

                      1,000

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      1,000

                      3020
                      Outlays (gross)

                      –50

                      3050
                      Unpaid obligations, end of year

                      950

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      950

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      1,000

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      50

                      4180
                      Budget authority, net (total)

                      1,000

                      4190
                      Outlays, net (total)

                      50

             Teaching for tomorrow.—Funds would support competitive grants to States and local educational agencies to transform the ways they recruit and prepare
                new teachers and to pursue bold, comprehensive approaches in how they support teachers who remain in the profession.

          Object Classification (in millions of dollars)

                      Identification code 091–0204–4–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources

                      10

                      41.0
                      Grants, subsidies, and contributions

                      990

                      99.9
                      Total new obligations

                      1,000

             Office of English Language Acquisition

             Federal Funds
             English language acquisition[For carrying out part A of title III of the ESEA, $737,400,000, which shall become available on July 1, 2015, and shall remain
             available through September 30, 2016, except that 6.5 percent of such amount shall be available on October 1, 2014, and shall
             remain available through September 30, 2016, to carry out activities under section 3111(c)(1)(C): Provided, That the Secretary shall use estimates of the American Community Survey child counts for the most recent 3-year period available
             to calculate allocations under such part: Provided further, That the Secretary shall use $14,000,000 of funds available under this paragraph for grants to all State educational agencies
             within States with at least one county where 50 or more unaccompanied children have been released to sponsors since January
             1, 2014, through the Department of Health and Human Services, Office of Refugee Resettlement: Provided further, That awards to eligible State educational agencies shall be based on the State's relative share of unaccompanied children
             that have been released to sponsors since January 1, 2014: Provided further, That the data on unaccompanied children used by the Secretary under the two preceding provisos shall be the most recently
             available data from the Department of Health and Human Services, Office of Refugee Resettlement, as of the date of enactment
             of this Act: Provided further, That each eligible State educational agency that receives a grant shall award subgrants to local educational agencies in
             the State that have experienced a significant increase during the 2014–2015 school year, as determined by the State educational
             agency, compared to the average of the 2 preceding school years, in the number or percentage of immigrant children and youth
             enrolled in their schools: Provided further, That local educational agencies shall use those subgrants for supplemental academic and non-academic services and supports
             to immigrant children and youth: Provided further, That the term "immigrant children and youth" has the meaning given in section 3301 of the ESEA, and the terms "State educational
             agency" and "local educational agency" have the meanings given to them in section 9101 of the ESEA: Provided further, That each eligible State educational agency shall prepare and submit to the Secretary not later than 1 year after the award
             a report identifying the local educational agencies that received subgrants, the State's definition of "significant increase"
             used to award the subgrants; and such other information as the Secretary may require.] (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–1300–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      English language acquisition grants
                      724
                      737
                      14

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      15
                      14
                      14

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      723
                      737

                      1160
                      Appropriation, discretionary (total)
                      723
                      737

                      1930
                      Total budgetary resources available
                      738
                      751
                      14

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      14
                      14

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,031
                      1,015
                      1,006

                      3010
                      Obligations incurred, unexpired accounts
                      724
                      737
                      14

                      3020
                      Outlays (gross)
                      –736
                      –746
                      –726

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –4

                      3050
                      Unpaid obligations, end of year
                      1,015
                      1,006
                      294

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,031
                      1,015
                      1,006

                      3200
                      Obligated balance, end of year
                      1,015
                      1,006
                      294

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      723
                      737

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      4
                      7

                      4011
                      Outlays from discretionary balances
                      732
                      739
                      726

                      4020
                      Outlays, gross (total)
                      736
                      746
                      726

                      4180
                      Budget authority, net (total)
                      723
                      737

                      4190
                      Outlays, net (total)
                      736
                      746
                      726

             The resources for programs in this account are proposed for later transmittal under the expected reauthorization of the Elementary
                and Secondary Education Act of 1965. When new authorizing legislation is enacted, resources will be requested for these programs.
                See the "Legislative proposal, not subject to PAYGO" schedule for additional details.

          Object Classification (in millions of dollars)

                      Identification code 091–1300–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      4
                      4
                      1

                      25.3
                      Other goods and services from Federal sources
                      2
                      2

                      41.0
                      Grants, subsidies, and contributions
                      719
                      731
                      13

                      99.0
                      Direct obligations
                      725
                      737
                      14

                      99.5
                      Below reporting threshold
                      –1

                      99.9
                      Total new obligations
                      724
                      737
                      14

             English Language Acquisition

             (Legislative proposal, not subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–1300–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      English language acquisition grants

                      773

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      773

                      1160
                      Appropriation, discretionary (total)

                      773

                      1930
                      Total budgetary resources available

                      773

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      773

                      3020
                      Outlays (gross)

                      –8

                      3050
                      Unpaid obligations, end of year

                      765

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      765

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      773

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      8

                      4180
                      Budget authority, net (total)

                      773

                      4190
                      Outlays, net (total)

                      8

             The resources in this schedule are proposed for later transmittal under the expected reauthorization of the Elementary and
                Secondary Education Act of 1965.

             Language acquisition State grants.—This program supports formula grants to States to improve services for English Learners. States are accountable for demonstrating
                that English Learners are making progress toward proficiency in English and meeting the same high State academic standards
                as all other students. Funds also support national activities, including professional development, evaluation, a national
                information clearinghouse on English language acquisition, technical assistance to grantees, and demonstration projects to
                replicate proven practices.

          Object Classification (in millions of dollars)

                      Identification code 091–1300–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources

                      5

                      25.3
                      Other goods and services from Federal sources

                      2

                      41.0
                      Grants, subsidies, and contributions

                      766

                      99.9
                      Total new obligations

                      773

             Office of Special Education and Rehabilitative Services

             Federal Funds
             Special educationFor carrying out the Individuals with Disabilities Education Act (IDEA) and the Special Olympics Sport and Empowerment Act
             of 2004, [$12,522,358,000] $12,822,358,000, of which [$3,006,259,000] $3,296,259,000 shall become available on July 1, [2015] 2016, and shall remain available through September 30, [2016] 2017, and of which $9,283,383,000 shall become available on October 1, [2015] 2016, and shall remain available through September 30, [2016] 2017, for academic year [2015–2016] 2016–2017: Provided, That the amount for section 611(b)(2) of the IDEA shall be equal to the lesser of the amount available for that activity
             during fiscal year [2014] 2015, increased by the amount of inflation as specified in section 619(d)(2)(B) of the IDEA, or the percent change in the funds
             appropriated under section 611(i) of the IDEA, but not less than the amount for that activity during fiscal year [2014] 2015: Provided further, That the Secretary shall, without regard to section 611(d) of the IDEA, distribute to all other States (as that term is
             defined in section 611(g)(2)), subject to the third proviso, any amount by which a State's allocation under section 611(d),
             from funds appropriated under this heading, is reduced under section 612(a)(18)(B), according to the following: 85 percent
             on the basis of the States' relative populations of children aged 3 through 21 who are of the same age as children with disabilities
             for whom the State ensures the availability of a free appropriate public education under this part, and 15 percent to States
             on the basis of the States' relative populations of those children who are living in poverty: Provided further, That the Secretary may not distribute any funds under the previous proviso to any State whose reduction in allocation from
             funds appropriated under this heading made funds available for such a distribution: Provided further, That the States shall allocate such funds distributed under the second proviso to local educational agencies in accordance
             with section 611(f): Provided further, That the amount by which a State's allocation under section 611(d) of the IDEA is reduced under section 612(a)(18)(B) and
             the amounts distributed to States under the previous provisos in fiscal year 2012 or any subsequent year shall not be considered
             in calculating the awards under section 611(d) for fiscal year 2013 or for any subsequent fiscal years: Provided further, That, notwithstanding the provision in section 612(a)(18)(B) regarding the fiscal year in which a State's allocation under
             section 611(d) is reduced for failure to comply with the requirement of section 612(a)(18)(A), the Secretary may apply the
             reduction specified in section 612(a)(18)(B) over a period of consecutive fiscal years, not to exceed five, until the entire
             reduction is applied: Provided further, That the Secretary may, in any fiscal year in which a State's allocation under section 611 is reduced in accordance with
             section 612(a)(18)(B), reduce the amount a State may reserve under section 611(e)(1) by an amount that bears the same relation
             to the maximum amount described in that paragraph as the reduction under section 612(a)(18)(B) bears to the total allocation
             the State would have received in that fiscal year under section 611(d) in the absence of the reduction: Provided further, That the Secretary shall either reduce the allocation of funds under section 611 for any fiscal year following the fiscal
             year for which the State fails to comply with the requirement of section 612(a)(18)(A) as authorized by section 612(a)(18)(B),
             or seek to recover funds under section 452 of the General Education Provisions Act (20 U.S.C. 1234a): Provided further, That the funds reserved under 611(c) of the IDEA may be used to provide technical assistance to States to improve the capacity
             of the States to meet the data collection requirements of sections 616 and 618 and to administer and carry out other services
             and activities to improve data collection, coordination, quality, and use under parts B and C of the IDEA: Provided further, That the level of effort a local educational agency must meet under section 613(a)(2)(A)(iii) of the IDEA, in the year after
             it fails to maintain effort is the level of effort that would have been required in the absence of that failure and not the
             LEA's reduced level of expenditures: Provided further, That the Secretary may use funds made available for the State Personnel Development Grants program under part D, subpart
             1 of IDEA to evaluate program performance under such subpart: Provided further, That the Secretary may reserve up to $10,000,000 of the funds made available for section 663 of the IDEA
                to support: (1) grants to States, outlying areas, freely associated states, and the Secretary of the Interior to carry out
                activities identified in their State Systemic Improvement Plans to improve results for children with disabilities birth through
                age 21 under Parts B and C of the IDEA; and (2) related activities for carrying out and assessing the performance of those
                grants: Provided further, That funds reserved under the preceding proviso shall remain available for obligation through September
                30, 2017: Provided further, That each entity that receives a grant under the second preceding proviso may make subgrants,
                contracts, or otherwise distribute those funds on a competitive, targeted, or formula basis to public, private, and non-profit
                entities, including local educational agencies and early intervention service providers, to carry out activities authorized
                under that proviso: Provided further, That notwithstanding section 613(f)(1) of the IDEA, local educational agencies may also
                use funds that they reserve under section 613(f) to develop and implement coordinated, early intervening services for children
                ages 3 through 5, who have not been identified as needing special education and related services but who need additional developmental,
                academic, and behavioral support to succeed in a general education environment or participate in appropriate activities: Provided
                further, That, with respect to children receiving services under the preceding proviso, and who have not yet entered kindergarten,
                the Secretary may waive the requirements of section 613(f)(4) of the IDEA: Provided further, That, notwithstanding section
                643 of the IDEA, the Secretary may reserve up to $15,000,000 of the funds appropriated under section 644 of the IDEA for performance-based
                awards to public or private non-profit entities for Pay for Success projects to increase early screening and early intervention
                services for infants and toddlers with disabilities and early screening, evaluation, early intervention, and other services
                to at-risk infants and toddlers who may otherwise not qualify for services under Part C of the IDEA in their State: Provided
                further, That, with respect to the previous proviso, any funds obligated for such projects shall remain available until expended. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0300–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Grants to States
                      11,479
                      11,498
                      11,673

                      0002
                      Preschool grants
                      353
                      353
                      403

                      0003
                      Grants for infants and families
                      493
                      439
                      504

                      0091
                      Subtotal, State grants
                      12,325
                      12,290
                      12,580

                      0101
                      State personnel development
                      42
                      42
                      42

                      0102
                      Technical assistance and dissemination
                      44
                      44
                      54

                      0103
                      Personnel preparation
                      84
                      84
                      84

                      0104
                      Parent information centers
                      27
                      27
                      27

                      0105
                      Educational technology, media, and materials
                      28
                      28
                      28

                      0191
                      Subtotal, National activities
                      225
                      225
                      235

                      0200
                      Total Direct Program
                      12,550
                      12,515
                      12,815

                      0201
                      Special Olympics education programs
                      8
                      8
                      8

                      0203
                      PROMISE: Promoting Readiness of Minors in SSI
                      2

                      0291
                      Direct program activities, subtotal
                      10
                      8
                      8

                      0900
                      Total new obligations
                      12,560
                      12,523
                      12,823

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      73
                      10
                      9

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      3,214
                      3,239
                      3,539

                      1160
                      Appropriation, discretionary (total)
                      3,214
                      3,239
                      3,539

                      Advance appropriations, discretionary:

                      1170
                      Advance appropriation (Advance appropriated in previous year)
                      9,283
                      9,283
                      9,283

                      1180
                      Advanced appropriation, discretionary  (total)
                      9,283
                      9,283
                      9,283

                      1900
                      Budget authority (total)
                      12,497
                      12,522
                      12,822

                      1930
                      Total budgetary resources available
                      12,570
                      12,532
                      12,831

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      10
                      9
                      8

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      6,533
                      6,482
                      5,871

                      3010
                      Obligations incurred, unexpired accounts
                      12,560
                      12,523
                      12,823

                      3020
                      Outlays (gross)
                      –12,605
                      –13,134
                      –12,541

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –6

                      3050
                      Unpaid obligations, end of year
                      6,482
                      5,871
                      6,153

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      6,533
                      6,482
                      5,871

                      3200
                      Obligated balance, end of year
                      6,482
                      5,871
                      6,153

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      12,497
                      12,522
                      12,822

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6,774
                      7,617
                      7,622

                      4011
                      Outlays from discretionary balances
                      5,831
                      5,517
                      4,919

                      4020
                      Outlays, gross (total)
                      12,605
                      13,134
                      12,541

                      4180
                      Budget authority, net (total)
                      12,497
                      12,522
                      12,822

                      4190
                      Outlays, net (total)
                      12,605
                      13,134
                      12,541

             SUMMARY OF GRANTS TO STATES PROGRAM LEVEL [in millions of dollars]

                         2014–2015 Academic Year
                         2015–2016 Academic Year
                         2016–2017 Academic Year

                         Current Budget Authority
                         $3,214
                         $3,239
                         $3,539

                         Advance appropriation
                         9,283
                         9,283
                         9,283

                         Total program level
                         12,497
                         12,522
                         12,822

                         Change in advance appropriation from the previous year
                         0
                         0
                         0

             Grants to States._Formula grants are provided to States to assist them in providing special education and related services to children with
                disabilities ages 3 through 21.

             Preschool grants._Formula grants provide additional funds to States to further assist them in providing special education and related services
                to children with disabilities ages 3 through 5 served under the Grants to States program. The goal of both of the Grants to
                States and the Preschool grants programs is to improve results for children with disabilities by assisting State and local
                educational agencies to provide children with disabilities with access to high quality education that will help them meet
                challenging standards and prepare them for employment and independent living. Under current law, local educational agencies
                (LEAs) may reserve up to 15 percent of the funds they receive under Part B of the IDEA to provide coordinated early intervening
                services (CEIS) to children in grades kindergarten through twelve. In its 2016 Budget, the Administration is requesting additional
                flexibility to allow LEAs to provide CEIS to children ages three through five so that they are better prepared to enter school
                ready to learn.

             Grants for infants and families._Formula grants are provided to assist States to implement statewide systems of coordinated, comprehensive, multi-disciplinary
                interagency programs to provide early intervention services to children with disabilities, birth through age 2, and their
                families. The goal of this program is to help States provide a comprehensive system of early intervention services that will
                enhance child and family outcomes. The Administration is proposing to reserve $15 million of the increase requested for this
                program for Pay for Success pilots to expand early screening and early intervention services to infants and toddlers who would
                not otherwise qualify for these services in their State.

             National activities._These activities include personnel preparation and development, technical assistance, and other activities to support State
                efforts to improve results for children with disabilities under the State Grants programs.
    The goal of National Activities is to link States, school systems, and families to best practices to improve results for infants,
                   toddlers, and children with disabilities. The request includes $10 million under the Technical Assistance and Dissemination
                   program that would support new Results Driven Accountability (RDA) Implementation grants. These competitive grants will be
                   used by States to identify and implement promising, evidence-based reforms that would improve service delivery for children
                   with disabilities served under Parts B and C of the IDEA, while also building State and local capacity to continue to improve
                   outcomes for those children in the long-term.
             Special Olympics education programs._This program funds activities that promote the expansion of the Special Olympics and the design and implementation of Special
                Olympics education programs.
    Performance data related to program goals include:
             Basis for Leaving Special Education for Youth with Disabilities Ages 14 and Older

                         2010–2011 Actual
                         2011–2012 Actual
                         2012–2013 Actual

                         Status of Exiting Students

                         Percent / number of students with disabilities aged 14–21 exiting special education:

                         Graduated with a diploma
                         39.7% / 255,801
                         39.7% / 250,575
                         41.9% / 257,982

                         Graduated through certification
                         9.2% / 58,946
                         8.5% / 53,901
                         9.2% / 56,399

                         Transferred to regular education
                         9.5% / 61,243
                         10.2% / 64,637
                         9.4% / 57,639

                         Dropped out of school/not known to continue
                         12.6% / 80,927
                         12.7% / 80,427
                         12.1% / 74,502

                         Moved, but known to have continued in education
                         28.2% / 181,618
                         27.9% / 175,709
                         26.5% / 162,887

                         Reached maximum age for services/other
                         .8% / 5,245
                         .9% / 5,565
                         .9% / 5,839

                         Total
                         100% / 643,780
                         100% / 630,823
                         100% / 615,248

             Note-Percentages may not add to 100% due to rounding.Note-Previous versions of this table did not contain the categories "Transferred to regular education" and "Moved, but known
             to have continued in education." The Department of Education revised its data collection forms to include these additional
             items, which track additional students with disabilities ages 14 and older who leave special education, and are mutually exclusive
             with other categories included in this table. Because this is the case, the percentages reported in this table are not comparable
             with percentages reported in the same table in previous years.

          Object Classification (in millions of dollars)

                      Identification code 091–0300–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      2
                      2
                      2

                      41.0
                      Grants, subsidies, and contributions
                      12,558
                      12,521
                      12,821

                      99.9
                      Total new obligations
                      12,560
                      12,523
                      12,823

             Rehabilitation services [and disability research]For carrying out, to the extent not otherwise provided, the Rehabilitation Act of 1973 [, the Assistive Technology Act of 1998,] and the Helen Keller National Center Act, [$3,709,853,000] $3,532,109,000, of which [$3,335,074,000] $3,391,770,000 shall be for grants for vocational rehabilitation services under title I of the Rehabilitation Act: Provided, That the Secretary may use amounts provided in this Act that remain available subsequent to the reallotment of funds to
             States pursuant to section 110(b) of the Rehabilitation Act for innovative activities aimed at improving the outcomes of individuals
             with disabilities as defined in section 7(20)(B) of the Rehabilitation Act, including activities aimed at improving the education
             and post-school outcomes of children receiving Supplemental Security Income ("SSI") and their families that may result in
             long-term improvement in the SSI child recipient's economic status and self-sufficiency: Provided further, That States may award subgrants for a portion of the funds to other public and private, non-profit entities: Provided further, That any funds made available subsequent to reallotment for innovative activities aimed at improving the outcomes of individuals
             with disabilities shall remain available until September 30, [2016: Provided further, That $2,000,000 shall be for competitive grants to support alternative financing programs that provide for the purchase
             of assistive technology devices, such as a low-interest loan fund; an interest buy-down program; a revolving loan fund; a
             loan guarantee; or insurance program: Provided further, That applicants shall provide an assurance that, and information describing the manner in which, the alternative financing
             program will expand and emphasize consumer choice and control: Provided further, That State agencies and community-based disability organizations that are directed by and operated for individuals with
             disabilities shall be eligible to compete] 2017. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0301–0–1–506
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Vocational rehabilitation State grants
                      3,026
                      3,092
                      3,392

                      0002
                      Client assistance State grants
                      12
                      13
                      13

                      0003
                      Supported employment State grants
                      27
                      27
                      30

                      0004
                      Migrant and seasonal farmworkers
                      1

                      0005
                      Training
                      34
                      30
                      30

                      0006
                      Demonstration and training programs
                      6
                      6
                      6

                      0007
                      Independent living
                      134
                      134
                      33

                      0008
                      Protection and advocacy of individual rights
                      18
                      18
                      18

                      0009
                      National Institute on Disability and Rehabilitation Research
                      104
                      104

                      0011
                      Helen Keller National Center
                      9
                      9
                      10

                      0012
                      Assistive technology
                      33
                      33

                      0013
                      PROMISE/Disability innovation fund
                      92
                      39

                      0100
                      Total direct program
                      3,496
                      3,505
                      3,532

                      0799
                      Total direct obligations
                      3,496
                      3,505
                      3,532

                      0801
                      Rehabilitation Services and Disability Research (Reimbursable)
                      2
                      2
                      2

                      0900
                      Total new obligations
                      3,498
                      3,507
                      3,534

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      1

                      1012
                      Unobligated balance transfers between expired and unexpired accounts
                      93
                      39

                      1050
                      Unobligated balance (total)
                      93
                      39
                      1

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      378
                      375
                      140

                      1160
                      Appropriation, discretionary (total)
                      378
                      375
                      140

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      3,302
                      3,335
                      3,392

                      1230
                      Appropriations and/or unobligated balance of appropriations permanently reduced
                      –238
                      –243

                      1260
                      Appropriations, mandatory (total)
                      3,064
                      3,092
                      3,392

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      2
                      2
                      2

                      1750
                      Spending auth from offsetting collections, disc (total)
                      2
                      2
                      2

                      1900
                      Budget authority (total)
                      3,444
                      3,469
                      3,534

                      1930
                      Total budgetary resources available
                      3,537
                      3,508
                      3,535

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –39

                      1941
                      Unexpired unobligated balance, end of year

                      1
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      2,292
                      2,407
                      1,964

                      3010
                      Obligations incurred, unexpired accounts
                      3,498
                      3,507
                      3,534

                      3011
                      Obligations incurred, expired accounts
                      5

                      3020
                      Outlays (gross)
                      –3,256
                      –3,950
                      –3,512

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –132

                      3050
                      Unpaid obligations, end of year
                      2,407
                      1,964
                      1,986

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      2,292
                      2,407
                      1,964

                      3200
                      Obligated balance, end of year
                      2,407
                      1,964
                      1,986

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      380
                      377
                      142

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      82
                      189
                      71

                      4011
                      Outlays from discretionary balances
                      291
                      382
                      200

                      4020
                      Outlays, gross (total)
                      373
                      571
                      271

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –2
                      –2
                      –2

                      Mandatory:

                      4090
                      Budget authority, gross
                      3,064
                      3,092
                      3,392

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      1,481
                      1,546
                      1,696

                      4101
                      Outlays from mandatory balances
                      1,402
                      1,833
                      1,545

                      4110
                      Outlays, gross (total)
                      2,883
                      3,379
                      3,241

                      4180
                      Budget authority, net (total)
                      3,442
                      3,467
                      3,532

                      4190
                      Outlays, net (total)
                      3,254
                      3,948
                      3,510

    The Workforce Innovation and Opportunity Act (WIOA) (Public Law 113–128) which supports the Nation's primary programs and
                   investments in employment services, workforce development, adult education, and vocational rehabilitation made significant
                   changes to programs authorized under the Rehabilitation Act. Section 491 of WIOA transferred the State Independent Living
                   Services program, the Centers for Independent Living program, programs under the Assistive Technology Act of 1998, and the
                   National Institute on Disability and Rehabilitation Research from the Department's Office of Special Education and Rehabilitative
                   Services to the Administration for Community Living in the Department of Health and Human Services (HHS). Consequently, the
                   Department's 2016 request does not include funds for these programs.Vocational rehabilitation State grants._The basic State grants program provides Federal matching funds to State vocational rehabilitation (VR) agencies to assist
                individuals with physical or mental impairments to become gainfully employed. Services are tailored to the specific needs
                of the individual. Priority is given to serving those with the most significant disabilities. In FY 2014, State VR agencies
                assisted more than 183,000 individuals with disabilities to obtain an employment outcome, about 92 percent of whom were individuals
                with significant disabilities. Amendments made by WIOA require State VR agencies to reserve and use at least 15 percent of
                their Federal grant allotment to support pre-employment transition services for students with disabilities provided in accordance
                with new section 113 of the Rehabilitation Act. Between 1.0 percent and 1.5 percent of the funds appropriated for the VR State
                grants program must be set aside for Grants for Indians.
    The request for the VR State Grants program includes the CPIU adjustment specified in the authorizing statute. The 2016 request
                   also includes language that would allow the Secretary to use amounts provided in this Act for the VR State Grants program
                   that remain available subsequent to the reallotment of funds to States pursuant to section 110(b) of the Rehabilitation Act
                   to support innovative activities aimed at improving outcomes for individuals with disabilities, including activities under
                   the Promoting Readiness of Minors in Supplemental Security Income (PROMISE) program.
             Client assistance State grants._Formula grants are made to States to provide assistance in informing and advising clients and applicants about benefits available
                under the Rehabilitation Act and, if requested, to pursue legal or administrative remedies to ensure the protection of the
                rights of individuals with disabilities.

             Supported employment state grants._Under this formula grant program, State vocational rehabilitation (VR) agencies receive supplemental funds to provide ongoing
                support services for up to 24 months to assist individuals with the most significant disabilities in achieving competitive
                integrated employment. States are required to use half of funds they receive under this program to provide supported employment
                and extended services to youth with the most significant disabilities and to provide a match of 10 percent for the portion
                used to serve such youth. States are also able to use SE funds to provide extended services for up to 4 years to eligible
                youth with the most significant disabilities. An individual's potential for supported employment must be considered as part
                of the assessment to determine eligibility for the Title I Vocational Rehabilitation State Grants program.Training._Grants are made to States and public or nonprofit agencies and organizations, including institutions of higher education,
                to increase the number of skilled personnel available for employment in the field of rehabilitation and to upgrade the skills
                of those already employed.

             Demonstration and training programs._Competitive grants and contracts are awarded to expand and improve the provision and effectiveness of programs and services
                authorized under the Rehabilitation Act or further the purposes of the Act in promoting the employment and independence of
                individuals with disabilities in the community. Funds are used to support model demonstrations, technical assistance, and
                projects designed to improve program performance and the delivery of vocational rehabilitation and independent living services.

              Independent living services for older individuals who are blind._Grants are awarded to States to assist individuals over the age of 55 with severe visual disabilities to adjust to their disability
                and increase their ability to care for their own needs.

             Protection and advocacy of individual rights._Formula grants are made to State protection and advocacy systems to protect the legal and human rights of individuals with
                disabilities.

             National institute on disability and rehabilitation research._
             Helen Keller national center for deaf blind youths and adults._The Center provides services to deaf-blind youths and adults and provides training and technical assistance to professional
                and allied personnel at its national headquarters center and through its regional representatives and affiliate agencies.

             Assistive technology._

          Object Classification (in millions of dollars)

                      Identification code 091–0301–0–1–506
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      7
                      6
                      1

                      25.2
                      Other services from non-Federal sources
                      1
                      1

                      41.0
                      Grants, subsidies, and contributions
                      3,488
                      3,498
                      3,531

                      99.0
                      Direct obligations
                      3,496
                      3,505
                      3,532

                      99.0
                      Reimbursable obligations
                      2
                      2
                      2

                      99.9
                      Total new obligations
                      3,498
                      3,507
                      3,534

             Special institutions for persons with disabilities
             American printing house for the blindFor carrying out the Act of March 3, 1879, $24,931,000. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0600–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      American printing house for the blind
                      24
                      25
                      25

                      0900
                      Total new obligations (object class 41.0)
                      24
                      25
                      25

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      24
                      25
                      25

                      1160
                      Appropriation, discretionary (total)
                      24
                      25
                      25

                      1930
                      Total budgetary resources available
                      24
                      25
                      25

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      6
                      5
                      5

                      3010
                      Obligations incurred, unexpired accounts
                      24
                      25
                      25

                      3020
                      Outlays (gross)
                      –25
                      –25
                      –25

                      3050
                      Unpaid obligations, end of year
                      5
                      5
                      5

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      6
                      5
                      5

                      3200
                      Obligated balance, end of year
                      5
                      5
                      5

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      24
                      25
                      25

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      19
                      19
                      19

                      4011
                      Outlays from discretionary balances
                      6
                      6
                      6

                      4020
                      Outlays, gross (total)
                      25
                      25
                      25

                      4180
                      Budget authority, net (total)
                      24
                      25
                      25

                      4190
                      Outlays, net (total)
                      25
                      25
                      25

             The Federal appropriation supports: the production and distribution of free educational materials for students below the college
                level who are blind, research related to developing and improving products, and advisory services to consumer organizations
                on the availability and use of materials. In 2014, the portion of the Federal appropriation allocated to educational materials
                represented approximately 70 percent of the Printing House's total sales. The full 2014 appropriation represented approximately
                80 percent of the Printing House's total budget.

             National technical institute for the deafFor the National Technical Institute for the Deaf under titles I and II of the Education of the Deaf Act of 1986, $67,016,000:
             Provided, That from the total amount available, the Institute may at its discretion use funds for the endowment program as authorized
             under section 207 of such Act. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0601–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Operations
                      66
                      67
                      67

                      0900
                      Total new obligations (object class 41.0)
                      66
                      67
                      67

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      66
                      67
                      67

                      1160
                      Appropriation, discretionary (total)
                      66
                      67
                      67

                      1930
                      Total budgetary resources available
                      66
                      67
                      67

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      2
                      2

                      3010
                      Obligations incurred, unexpired accounts
                      66
                      67
                      67

                      3020
                      Outlays (gross)
                      –66
                      –69
                      –67

                      3050
                      Unpaid obligations, end of year
                      2

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      2
                      2

                      3200
                      Obligated balance, end of year
                      2

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      66
                      67
                      67

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      66
                      67
                      67

                      4011
                      Outlays from discretionary balances

                      2

                      4020
                      Outlays, gross (total)
                      66
                      69
                      67

                      4180
                      Budget authority, net (total)
                      66
                      67
                      67

                      4190
                      Outlays, net (total)
                      66
                      69
                      67

             This residential program provides postsecondary technical and professional education for people who are deaf to prepare them
                for employment, provides training, and conducts applied research into employment-related aspects of deafness. In 2014, the
                Federal appropriation represented approximately 72 percent of the Institute's operating budget. The 2016 request includes
                funds that may be used for the Endowment Grant program.

             Gallaudet universityFor the Kendall Demonstration Elementary School, the Model Secondary School for the Deaf, and the partial support of Gallaudet
             University under titles I and II of the Education of the Deaf Act of 1986, $120,275,000: Provided, That from the total amount available, the University may at its discretion use funds for the endowment program as authorized
             under section 207 of such Act. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0602–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Operations
                      119
                      120
                      120

                      0900
                      Total new obligations (object class 41.0)
                      119
                      120
                      120

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      119
                      120
                      120

                      1160
                      Appropriation, discretionary (total)
                      119
                      120
                      120

                      1930
                      Total budgetary resources available
                      119
                      120
                      120

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      25
                      24
                      2

                      3010
                      Obligations incurred, unexpired accounts
                      119
                      120
                      120

                      3020
                      Outlays (gross)
                      –120
                      –142
                      –121

                      3050
                      Unpaid obligations, end of year
                      24
                      2
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      25
                      24
                      2

                      3200
                      Obligated balance, end of year
                      24
                      2
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      119
                      120
                      120

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      119
                      120
                      120

                      4011
                      Outlays from discretionary balances
                      1
                      22
                      1

                      4020
                      Outlays, gross (total)
                      120
                      142
                      121

                      4180
                      Budget authority, net (total)
                      119
                      120
                      120

                      4190
                      Outlays, net (total)
                      120
                      142
                      121

             This institution provides undergraduate, continuing education, and graduate programs related to deafness for students who
                are deaf and hard of hearing. The University also conducts basic and applied research and provides public service programs
                for persons who are deaf and persons who work with them.

             Gallaudet operates the Laurent Clerc National Deaf Education Center, which includes two elementary and secondary education
                programs on the main campus of the University. The Kendall Demonstration Elementary School serves students who are deaf from
                infancy through age 15, and the Model Secondary School for the Deaf (MSSD) serves high school age students who are deaf. The
                Clerc Center also develops and disseminates information on effective educational techniques and strategies for teachers and
                professionals working with students who are deaf or hard of hearing.

             In 2014, the appropriation for Gallaudet represented approximately 69 percent of total revenue for the University. Approximately
                25 percent of the Federal appropriation was used to support activities at the Clerc Center, which received nearly 100 percent
                of its revenue through the appropriation. In addition, the University receives other Federal funds such as student financial
                aid, vocational rehabilitation, Endowment Grant program income, and competitive grants and contracts. The 2016 request includes
                funds that may be used for the Endowment Grant program.

             Office of Vocational and Adult Education

             Federal Funds
             Career, technical, and adult educationFor carrying out [, to the extent not otherwise provided, the Carl D. Perkins Career and Technical Education Act of 2006 and] the Adult Education and Family Literacy Act [("AEFLA"), $1,707,686,000],  $588,667,000, [of] which [$916,686,000] shall become available on July 1, [2015] 2016, and shall remain available through September 30, [2016] 2017 [, and of which $791,000,000 shall become available on October 1, 2015, and shall remain available through September 30, 2016]: Provided, That [of the amount provided for Adult Education State Grants, $71,439,000 shall be made available for integrated English literacy
             and civics education services to immigrants and other limited-English-proficient populations: Provided further, That of the amount reserved for integrated English literacy and civics education, notwithstanding section 211 of the AEFLA,
             65 percent shall be allocated to States based on a State's absolute need as determined by calculating each State's share of
             a 10-year average of the United States Citizenship and Immigration Services data for immigrants admitted for legal permanent
             residence for the 10 most recent years, and 35 percent allocated to States that experienced growth as measured by the average
             of the 3 most recent years for which United States Citizenship and Immigration Services data for immigrants admitted for legal
             permanent residence are available, except that no State shall be allocated an amount less than $60,000: Provided further, That of the amounts made available for AEFLA, $13,712,000] $19,712,000 shall be for national leadership activities under section [243] 242. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0400–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Career and technical education State grants
                      1,117
                      1,117
                      791

                      0002
                      Career and technical education national programs
                      8
                      8

                      0091
                      Total, Career and technical education
                      1,125
                      1,125
                      791

                      0101
                      Adult basic and literacy education State grants
                      564
                      569
                      569

                      0102
                      Adult education national leadership activities
                      11
                      14
                      20

                      0191
                      Total, adult education
                      575
                      583
                      589

                      0900
                      Total new obligations
                      1,700
                      1,708
                      1,380

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      29
                      36
                      36

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      912
                      917
                      589

                      1121
                      Appropriations transferred from other acct [485–2728]
                      2

                      1160
                      Appropriation, discretionary (total)
                      914
                      917
                      589

                      Advance appropriations, discretionary:

                      1170
                      Advance appropriation from prior year
                      791
                      791
                      791

                      1180
                      Advanced appropriation, discretionary  (total)
                      791
                      791
                      791

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      2

                      1750
                      Spending auth from offsetting collections, disc (total)
                      2

                      1900
                      Budget authority (total)
                      1,707
                      1,708
                      1,380

                      1930
                      Total budgetary resources available
                      1,736
                      1,744
                      1,416

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      36
                      36
                      36

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,326
                      1,338
                      1,397

                      3010
                      Obligations incurred, unexpired accounts
                      1,700
                      1,708
                      1,380

                      3011
                      Obligations incurred, expired accounts
                      2

                      3020
                      Outlays (gross)
                      –1,683
                      –1,649
                      –1,436

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –7

                      3050
                      Unpaid obligations, end of year
                      1,338
                      1,397
                      1,341

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,326
                      1,338
                      1,397

                      3200
                      Obligated balance, end of year
                      1,338
                      1,397
                      1,341

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,707
                      1,708
                      1,380

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      600
                      622
                      597

                      4011
                      Outlays from discretionary balances
                      1,083
                      1,027
                      839

                      4020
                      Outlays, gross (total)
                      1,683
                      1,649
                      1,436

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –2

                      4180
                      Budget authority, net (total)
                      1,705
                      1,708
                      1,380

                      4190
                      Outlays, net (total)
                      1,681
                      1,649
                      1,436

             SUMMARY OF PROGRAM LEVEL
             (in millions of dollars)

                         2014–15 Academic Year
                         2015–16 Academic Year
                         2016–17 Academic Year

                         New Budget Authority
                         $912
                         $917
                         $1,125

                         Advance Appropriation
                         791
                         791
                         791

                         Total program level
                         1,703
                         1,708
                         1,916

                         Change in advance appropriation over previous year
                         0
                         0
                         0

             The Administration is proposing legislation reauthorizing the Carl D. Perkins Career and Technical Education Act of 2006,
                including programs in this account. When new authorizing legislation is enacted, resources will be requested for these programs.
                See the "Legislative proposal, not subject to PAYGO" schedule for additional details.

             Adult education:
             Adult education State programs._Funds support formula grants to States to help eliminate functional illiteracy among the Nation's adults, to assist adults
                in obtaining a high school diploma or its equivalent, and to promote family literacy. A portion of the funds is reserved for
                formula grants to States to provide English literacy and civics education for immigrants and other limited English proficient
                adults.

             Adult education national leadership activities._Funds support discretionary activities to evaluate the effectiveness of Federal, State, and local adult education programs,
                and to test and demonstrate methods of improving program quality. The additional funds requested in fiscal year 2016 would
                support States in their efforts to improve adult education standards and assessments and to carry out data collection activities
                during the first year of full implementation of the reauthorized program.

          Object Classification (in millions of dollars)

                      Identification code 091–0400–0–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources

                      13
                      7

                      25.5
                      Research and development contracts
                      14
                      1

                      25.7
                      Operation and maintenance of equipment
                      2
                      2
                      1

                      41.0
                      Grants, subsidies, and contributions
                      1,684
                      1,692
                      1,372

                      99.9
                      Total new obligations
                      1,700
                      1,708
                      1,380

             Career, Technical and Adult Education

             (Legislative proposal, not subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0400–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Career and technical education State grants

                      527

                      0002
                      Career and technical education national programs

                      9

                      0900
                      Total new obligations

                      536

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation

                      536

                      1160
                      Appropriation, discretionary (total)

                      536

                      1900
                      Budget authority (total)

                      536

                      1930
                      Total budgetary resources available

                      536

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      536

                      3020
                      Outlays (gross)

                      –27

                      3050
                      Unpaid obligations, end of year

                      509

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      509

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      536

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority

                      27

                      4180
                      Budget authority, net (total)

                      536

                      4190
                      Outlays, net (total)

                      27

             The resources in this schedule are proposed for later transmittal under proposed legislation to reauthorize the Carl D. Perkins
                Career and Technical Education Act of 2006.

             Career and Technical Education:

             Career and technical education State grants.—Funds would support formula grants to States for programs that focus on improving the academic achievement and career and
                technical skills of secondary and postsecondary students. Funds would also support projects to promote innovation in career
                and technical education. The request includes funding for a Career and Technical Education Innovation Fund competition for
                grants to support the development and operation of innovative, evidence-based job training programs in high-demand fields
                that provide a path to the middle class for low-income individuals.

             Career and technical education national programs.—Funds would support discretionary activities to support research, evaluation, data collection, technical assistance, and
                other national leadership activities aimed at improving the quality and effectiveness of career and technical education. The
                request includes funding to provide technical assistance and evaluation support for projects under the Career and Technical
                Education Innovation Fund proposal described in the request for Career and Technical Education State Grants.

          Object Classification (in millions of dollars)

                      Identification code 091–0400–2–1–501
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources

                      7

                      25.5
                      Research and development contracts

                      1

                      25.7
                      Operation and maintenance of equipment

                      1

                      41.0
                      Grants, subsidies, and contributions

                      527

                      99.9
                      Total new obligations

                      536

             Office of Postsecondary Education

             Federal Funds
             Higher educationFor carrying out, to the extent not otherwise provided, titles II, III, IV, V, VI, VII, and VIII of the HEA, the Mutual Educational
             and Cultural Exchange Act of 1961, and section 117 of the Carl D. Perkins Career and Technical Education Act of 2006, [$1,924,839,000] $2,072,045,000: Provided, That $30,000,000 shall be used for data collection, evaluation, research, and demonstration activities relating
                to programs under the HEA, including such activities that are designed to test approaches for providing grant, loan, or work
                assistance under title IV of the HEA in ways that promote access to, and completion of, affordable and high quality postsecondary
                education programs: Provided further, That notwithstanding any other provision of law, funds made available in this Act to carry out title VI of the HEA and section
             102(b)(6) of the Mutual Educational and Cultural Exchange Act of 1961 may be used to support visits and study in foreign countries
             by individuals who are participating in advanced foreign language training and international studies in areas that are vital
             to United States national security and who plan to apply their language skills and knowledge of these countries in the fields
             of government, the professions, or international development: Provided further, That of the funds referred to in the preceding proviso up to 1 percent may be used for program evaluation, national outreach,
             and information dissemination activities: Provided further, That up to 1.5 percent of the funds made available under chapter 2 of subpart 2 of part A of title IV of the HEA may be
             used for evaluation: Provided further, That up to 2.5 percent of the funds made available under this Act for part B of title VII of the HEA may be used for technical
             assistance and the evaluation of activities carried out under such section: Provided further, That notwithstanding chapter 1 of subpart 2 of part A of title IV of the HEA, the Secretary may reserve up to $20,000,000 of the
                funds made available for section 402A(g) of the HEA to support the demonstration and rigorous evaluation of college access
                and completion strategies through cooperative agreements with entities that received fiscal year 2015 awards under section
                402A. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0201–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Strengthening institutions
                      79
                      80
                      80

                      0002
                      Strengthening tribally controlled colleges and universities
                      53
                      53
                      56

                      0003
                      Strengthening Alaska Native and Native Hawaiian-serving institutions
                      27
                      27
                      28

                      0004
                      Strengthening historically Black colleges and universities
                      316
                      306
                      313

                      0005
                      Strengthening historically Black graduate institutions
                      58
                      59
                      59

                      0006
                      Masters degree programs for HBCUs and predominantly Black institutions
                      11

                      0007
                      Strengthening predominantly Black institutions
                      9
                      23
                      24

                      0008
                      Strengthening Asian American- and Native American Pacific Islander-serving institutions
                      8
                      8
                      8

                      0009
                      Strengthening Native American-serving nontribal institutions
                      8
                      8
                      8

                      0010
                      Minority science and engineering improvement
                      9
                      9
                      9

                      0091
                      Subtotal, aid for institutional development
                      578
                      573
                      585

                      0101
                      Developing Hispanic-serving institutions
                      99
                      100
                      100

                      0102
                      Developing Hispanic-serving institution STEM and articulation programs
                      95
                      93
                      100

                      0103
                      Promoting baccalaureate opportunities for Hispanic Americans
                      20
                      9
                      11

                      0104
                      International education and foreign language studies
                      72
                      72
                      76

                      0105
                      Fund for the Improvement of Postsecondary Education
                      79
                      68
                      200

                      0106
                      Model transition programs for students with intellectual disabilities into higher education
                      10
                      12
                      12

                      0107
                      Tribally controlled postsecondary career and technical institutions
                      8
                      8
                      8

                      0191
                      Subtotal, other aid for institutions
                      383
                      362
                      507

                      0201
                      Federal TRIO programs
                      838
                      840
                      860

                      0202
                      Gaining early awareness and readiness for undergraduate programs (GEAR UP)
                      302
                      302
                      302

                      0203
                      Graduate assistance in areas of national need
                      29
                      29
                      29

                      0204
                      Child care access means parents in school
                      15
                      15
                      15

                      0291
                      Subtotal, assistance for students
                      1,184
                      1,186
                      1,206

                      0301
                      Teacher quality partnership
                      41
                      41

                      0302
                      GPRA data/HEA program evaluation
                      1

                      30

                      0303
                      College access challenge grants
                      69

                      0391
                      Subtotal, other higher education activities
                      111
                      41
                      30

                      0900
                      Total new obligations
                      2,256
                      2,162
                      2,328

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1

                      123

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      1

                      1012
                      Unobligated balance transfers between expired and unexpired accounts
                      129
                      124
                      124

                      1050
                      Unobligated balance (total)
                      130
                      124
                      247

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      1,925
                      1,925
                      2,072

                      1160
                      Appropriation, discretionary (total)
                      1,925
                      1,925
                      2,072

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      428
                      236
                      255

                      1230
                      Appropriations and/or unobligated balance of appropriations permanently reduced
                      –31

                      1260
                      Appropriations, mandatory (total)
                      397
                      236
                      255

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      1

                      1750
                      Spending auth from offsetting collections, disc (total)
                      1

                      1900
                      Budget authority (total)
                      2,323
                      2,161
                      2,327

                      1930
                      Total budgetary resources available
                      2,453
                      2,285
                      2,574

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –197

                      1941
                      Unexpired unobligated balance, end of year

                      123
                      246

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3,084
                      3,136
                      3,050

                      3010
                      Obligations incurred, unexpired accounts
                      2,256
                      2,162
                      2,328

                      3020
                      Outlays (gross)
                      –2,166
                      –2,248
                      –2,182

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –38

                      3050
                      Unpaid obligations, end of year
                      3,136
                      3,050
                      3,196

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3,084
                      3,136
                      3,050

                      3200
                      Obligated balance, end of year
                      3,136
                      3,050
                      3,196

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,926
                      1,925
                      2,072

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      33
                      58
                      62

                      4011
                      Outlays from discretionary balances
                      1,770
                      1,756
                      1,830

                      4020
                      Outlays, gross (total)
                      1,803
                      1,814
                      1,892

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –1

                      Mandatory:

                      4090
                      Budget authority, gross
                      397
                      236
                      255

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      7
                      8

                      4101
                      Outlays from mandatory balances
                      363
                      427
                      282

                      4110
                      Outlays, gross (total)
                      363
                      434
                      290

                      4180
                      Budget authority, net (total)
                      2,322
                      2,161
                      2,327

                      4190
                      Outlays, net (total)
                      2,165
                      2,248
                      2,182

             Aid for institutional development:
             Strengthening institutions._Funds support planning and development grants for improving academic programs and financial management at schools that enroll
                high proportions of disadvantaged students and have low per-student expenditures.

             Strengthening tribally controlled colleges and universities._Discretionary and mandatory funds support grants to American Indian tribally controlled colleges and universities with scarce
                resources to enable them to improve and expand their capacity to serve students and to strengthen management and fiscal operations.

             Strengthening Alaska Native and Native Hawaiian-serving institutions._Discretionary and mandatory funds support Alaska Native and Native Hawaiian-serving institutions to enable them to improve
                and expand their capacity to serve students and to strengthen management and fiscal operations.

             Strengthening historically Black colleges and universities._Discretionary and mandatory funds support grants to help historically Black undergraduate institutions to improve and expand
                their capacity to serve students and to strengthen management and fiscal operations.

             Strengthening historically Black graduate institutions._Funds support grants to help historically Black graduate institutions to improve and expand their capacity to serve students
                and to strengthen management and fiscal operations.

             Strengthening predominantly Black institutions._Discretionary and mandatory funds support grants to predominantly Black institutions to improve and expand their capacity
                to serve students.

             Strengthening Asian American- and Native American Pacific Islander-serving institutions._Discretionary and mandatory funds support grants to help Asian American and Native American Pacific Islander-serving institutions
                improve and expand their capacity to serve students and to strengthen management and fiscal operations.

             Strengthening Native American-serving nontribal institutions._Discretionary and mandatory funds support grants to help Native American-serving nontribal institutions improve and expand
                their capacity to serve students and to strengthen management and fiscal operations.

             Minority science and engineering improvement._Funds support grants to predominantly minority institutions to help them make long-range improvements in science and engineering
                education and to increase the participation of minorities in scientific and technological careers.
    Aid for Hispanic-serving institutions:
             Developing Hispanic-serving institutions._Funds support Hispanic-serving institutions to help them improve and expand their capacity to serve students.

             Developing Hispanic-serving institutions STEM and articulation programs._Mandatory funds support Hispanic-serving institutions to help them improve and expand their capacity to serve students with
                priority given to applications that propose to increase the number of Hispanics and other low-income students attaining degrees
                in the fields of science, technology, engineering, or mathematics; and to develop model transfer and articulation agreements
                between 2-year Hispanic-serving institutions and 4-year institutions in such fields.

             Promoting postbaccalaureate opportunities for Hispanic Americans._Discretionary funds support Hispanic-serving Institutions to help them expand and improve postbaccalaureate educational opportunities.
    Other aid for institutions:
             International education and foreign language studies programs._Funds promote the development and improvement of domestic and overseas international and foreign language programs by providing
                institutional and fellowship grant funding to strengthen the capability and performance of American education in foreign languages
                and in area and international studies.

             Fund for the improvement of postsecondary education._Funds would support the First in the World initiative, an evidence-based program that supports the development and evaluation
                of innovative strategies designed to improve college completion, particularly for high-need students.
    Model Transition Programs for Students with Intellectual Disabilities into Higher Education.—Funds support grants to institutions of higher education or consortia of such institutions to create or expand high quality,
                   inclusive model comprehensive transition and postsecondary programs for students with intellectual disabilities.
             Tribally controlled postsecondary career and technical institutions._Funds support the operation and improvement of eligible tribally controlled postsecondary career institutions to ensure continued
                and expanded educational opportunities for Indian students.

    Assistance for students:
             Federal TRIO programs._Funds support postsecondary education outreach and student support services to help individuals from disadvantaged backgrounds
                prepare for, enter, and complete college and graduate studies.

             Gaining early awareness and readiness for undergraduate programs._Funds support early college preparation and awareness activities at the State and local levels to ensure that low-income elementary
                and secondary school students are prepared for and pursue postsecondary education.

             Graduate assistance in areas of national need._Funds support fellowships to graduate students of superior ability who have financial need for study in areas of national
                need.

             Child care access means parents in school._Funds support a program designed to bolster the participation of low-income parents in postsecondary education through the
                provision of campus-based child care services.
    Other activities:
             GPRA data/HEA program evaluation._Funds support data collection, evaluation, research, and demonstration activities relating to programs under the Higher Education
                Act (HEA).

          Object Classification (in millions of dollars)

                      Identification code 091–0201–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      5
                      5
                      4

                      25.2
                      Other services from non-Federal sources
                      7
                      8
                      9

                      25.7
                      Operation and maintenance of equipment
                      2
                      1
                      1

                      41.0
                      Grants, subsidies, and contributions
                      2,242
                      2,148
                      2,314

                      99.9
                      Total new obligations
                      2,256
                      2,162
                      2,328

             Higher Education

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0201–4–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0401
                      America's college promise

                      1,365

                      0402
                      College opportunity and graduation bonus

                      647

                      0900
                      Total new obligations (object class 41.0)

                      2,012

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      2,012

                      1260
                      Appropriations, mandatory (total)

                      2,012

                      1930
                      Total budgetary resources available

                      2,012

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      2,012

                      3020
                      Outlays (gross)

                      –164

                      3050
                      Unpaid obligations, end of year

                      1,848

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      1,848

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      2,012

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      164

                      4180
                      Budget authority, net (total)

                      2,012

                      4190
                      Outlays, net (total)

                      164

             America's college promise.—Funds are provided to create a new partnership with states to make two years of community college free for responsible students
                by helping them waive tuition in high-quality programs while promoting key reforms to help more students complete at least
                two years of college.

             College opportunity and graduation bonus.—Funds would support a program to reward colleges that successfully enroll and graduate a significant number of low- and moderate-income
                students on time and encourage all institutions to improve their performance.

             Howard universityFor partial support of Howard University, $221,821,000, of which not less than $3,405,000 shall be for a matching endowment
             grant pursuant to the Howard University Endowment Act and shall remain available until expended. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0603–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      General support
                      195
                      195
                      195

                      0002
                      Howard University Hospital
                      27
                      27
                      27

                      0900
                      Total new obligations (object class 41.0)
                      222
                      222
                      222

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      222
                      222
                      222

                      1160
                      Appropriation, discretionary (total)
                      222
                      222
                      222

                      1930
                      Total budgetary resources available
                      222
                      222
                      222

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      4
                      4
                      13

                      3010
                      Obligations incurred, unexpired accounts
                      222
                      222
                      222

                      3020
                      Outlays (gross)
                      –222
                      –213
                      –222

                      3050
                      Unpaid obligations, end of year
                      4
                      13
                      13

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      4
                      4
                      13

                      3200
                      Obligated balance, end of year
                      4
                      13
                      13

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      222
                      222
                      222

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      219
                      209
                      209

                      4011
                      Outlays from discretionary balances
                      3
                      4
                      13

                      4020
                      Outlays, gross (total)
                      222
                      213
                      222

                      4180
                      Budget authority, net (total)
                      222
                      222
                      222

                      4190
                      Outlays, net (total)
                      222
                      213
                      222

             Howard University is a private, nonprofit educational institution consisting of 13 schools and colleges. Federal funds are
                used to provide partial support for university programs as well as for the teaching hospital facilities. In 2014, Federal
                funding represented approximately 38 percent of the University's revenue.

             College housing and academic facilities loans programFor Federal administrative expenses to carry out activities related to existing facility loans pursuant to section 121 of
             the HEA, [$435,000] $450,000. (Department of Education Appropriations Act, 2015.)
             Historically Black College and University Capital Financing Program AccountFor the cost of guaranteed loans, $19,096,000, as authorized pursuant to part D of title III of the HEA, which shall remain
             available through September 30, [2016] 2017: Provided, That such costs, including the cost of modifying such loans, shall be as defined in section 502 of the Congressional Budget
             Act of 1974: Provided further, That these funds are available to subsidize total loan principal, any part of which is to be guaranteed, not to exceed $303,593,000:
             Provided further, That these funds may be used to support loans to public and private Historically Black Colleges and Universities without
             regard to the limitations within section 344(a) of the HEA.

          In addition, for administrative expenses to carry out the Historically Black College and University Capital Financing Program
             entered into pursuant to part D of title III of the HEA, [$334,000] $340,000. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0241–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy
                      3
                      19
                      19

                      0705
                      Reestimates of direct loan subsidy
                      21
                      31

                      0709
                      Administrative expenses
                      1
                      1
                      1

                      0900
                      Total new obligations (object class 41.0)
                      25
                      51
                      20

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      16
                      16

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1

                      16

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      20
                      20
                      20

                      1160
                      Appropriation, discretionary (total)
                      20
                      20
                      20

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      36
                      31

                      1260
                      Appropriations, mandatory (total)
                      36
                      31

                      1900
                      Budget authority (total)
                      56
                      51
                      20

                      1930
                      Total budgetary resources available
                      56
                      67
                      36

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –15

                      1941
                      Unexpired unobligated balance, end of year
                      16
                      16
                      16

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      35
                      28
                      36

                      3010
                      Obligations incurred, unexpired accounts
                      25
                      51
                      20

                      3020
                      Outlays (gross)
                      –32
                      –43
                      –12

                      3050
                      Unpaid obligations, end of year
                      28
                      36
                      44

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      35
                      28
                      36

                      3200
                      Obligated balance, end of year
                      28
                      36
                      44

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      20
                      20
                      20

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      3
                      5
                      5

                      4011
                      Outlays from discretionary balances
                      8
                      7
                      7

                      4020
                      Outlays, gross (total)
                      11
                      12
                      12

                      Mandatory:

                      4090
                      Budget authority, gross
                      36
                      31

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      21
                      31

                      4180
                      Budget authority, net (total)
                      56
                      51
                      20

                      4190
                      Outlays, net (total)
                      32
                      43
                      12

          Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 091–0241–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115002
                      Historically Black Colleges and Universities
                      111
                      303
                      303

                      115999
                      Total direct loan levels
                      111
                      303
                      303

                      Direct loan subsidy (in percent):

                      132002
                      Historically Black Colleges and Universities
                      3.09
                      5.94
                      6.67

                      132999
                      Weighted average subsidy rate
                      3.09
                      5.94
                      6.67

                      Direct loan subsidy budget authority:

                      133002
                      Historically Black Colleges and Universities
                      3
                      19
                      19

                      133999
                      Total subsidy budget authority
                      3
                      19
                      19

                      Direct loan subsidy outlays:

                      134002
                      Historically Black Colleges and Universities
                      10
                      11
                      11

                      134999
                      Total subsidy outlays
                      10
                      11
                      11

                      Direct loan reestimates:

                      135002
                      Historically Black Colleges and Universities
                      12
                      –6

                      135003
                      HBCU Hurricane Supplemental
                      –14
                      –46

                      135999
                      Total direct loan reestimates
                      –2
                      –52

                      Administrative expense data:

                      3510
                      Budget authority
                      1
                      1
                      1

                      3590
                      Outlays from new authority
                      1
                      1
                      1

             As required by the Federal Credit Reform Act of 1990, this account records the subsidy costs associated with the direct loans
                obligated and loan guarantees committed in 1992 and beyond, as well as any administrative expenses for the College Housing
                and Academic Facilities Loans (CHAFL) Program and the Historically Black College and University (HBCU) Capital Financing Program.
                The subsidy amounts are estimated on a present value basis; the administrative expenses are on a cash basis. These programs
                are administered separately but consolidated in the Budget for presentation purposes.

             College housing and academic facilities loans program._Funds for this activity pay the Federal costs of administering CHAFL, College Housing Loans (CHL), and Higher Education Facilities
                Loans (HEFL) programs. Prior to 1994, these programs provided financing for the construction, reconstruction, and renovation
                of housing, academic, and other educational facilities. Although no new loans have been awarded since 1993, the Department
                of Education will incur costs for administering the outstanding loans through 2030.

             Historically Black college and university capital financing program._The HBCU Capital Financing Program provides HBCUs with access to capital financing for the repair, renovation, and construction
                of classrooms, libraries, laboratories, dormitories, instructional equipment, and research instrumentation. The authorizing
                statute gives the Department authority to enter into insurance agreements with a private for-profit Designated Bonding Authority.
                The bonding authority issues the loans and maintains an escrow account in which 5 percent of each institution's principal
                is deposited. The Budget requests $19.1 million in new loan subsidies, allowing the program to guarantee an estimated $286
                million in new loans in 2016. The Budget also requests a 2-year period of availability for this loan subsidy. In addition,
                the Budget requests funds for the Federal costs of administering the program and providing technical assistance activities
                that improve the financial stability of HBCUs.

          Employment Summary

                      Identification code 091–0241–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      4
                      4
                      4

             College Housing and Academic Facilities Loans Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4252–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      1
                      1
                      1

                      0900
                      Total new obligations
                      1
                      1
                      1

                      Budgetary resources:

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      2
                      1
                      1

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –1

                      1850
                      Spending auth from offsetting collections, mand (total)
                      1
                      1
                      1

                      1930
                      Total budgetary resources available
                      1
                      1
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts
                      1
                      1
                      1

                      3020
                      Financing disbursements (gross)
                      –1
                      –1
                      –1

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      1
                      1
                      1

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      1
                      1
                      1

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4123
                      Interest repayments
                      –2
                      –1
                      –1

                      4180
                      Financing authority, net (total)
                      –1

                      4190
                      Financing disbursements, net (total)
                      –1

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4252–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      5
                      5
                      5

                      1251
                      Repayments: Repayments and prepayments

                      1290
                      Outstanding, end of year
                      5
                      5
                      5

          Balance Sheet (in millions of dollars)

                      Identification code 091–4252–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      10
                      5

                      1405
                      Allowance for subsidy cost (-)
                      –2
                      –1

                      1499
                      Net present value of assets related to direct loans
                      8
                      4

                      1999
                      Total assets
                      8
                      4

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt
                      8
                      4

                      4999
                      Total liabilities and net position
                      8
                      4

             College Housing and Academic Facilities Loans Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 091–0242–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      3
                      4
                      4

                      0900
                      Total new obligations (object class 43.0)
                      3
                      4
                      4

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      1
                      1
                      1

                      1260
                      Appropriations, mandatory (total)
                      1
                      1
                      1

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      21
                      26
                      26

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund
                      –15
                      –19
                      –19

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –4
                      –4
                      –4

                      1850
                      Spending auth from offsetting collections, mand (total)
                      2
                      3
                      3

                      1900
                      Budget authority (total)
                      3
                      4
                      4

                      1930
                      Total budgetary resources available
                      3
                      4
                      4

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1
                      1
                      1

                      3010
                      Obligations incurred, unexpired accounts
                      3
                      4
                      4

                      3020
                      Outlays (gross)
                      –3
                      –4
                      –4

                      3050
                      Unpaid obligations, end of year
                      1
                      1
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1
                      1
                      1

                      3200
                      Obligated balance, end of year
                      1
                      1
                      1

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      3
                      4
                      4

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      3
                      4
                      4

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –21
                      –26
                      –26

                      4180
                      Budget authority, net (total)
                      –18
                      –22
                      –22

                      4190
                      Outlays, net (total)
                      –18
                      –22
                      –22

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–0242–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      132
                      128
                      124

                      1251
                      Repayments: Repayments and prepayments
                      –4
                      –4
                      –4

                      1290
                      Outstanding, end of year
                      128
                      124
                      120

             As required by the Federal Credit Reform Act of 1990, the College Housing and Academic Facilities Loans Liquidating Account
                records all cash flows to and from the Government resulting from direct loans obligated prior to 1992. This account includes
                loans made under the College Housing and Academic Facilities Loans, College Housing Loans, and Higher Education Facilities
                Loans programs, which continue to be administered separately.

          Balance Sheet (in millions of dollars)

                      Identification code 091–0242–0–1–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      1601
                      Direct loans, gross
                      132
                      128

                      1602
                      Interest receivable
                      6
                      6

                      1699
                      Value of assets related to direct loans
                      138
                      134

                      1999
                      Total assets
                      138
                      134

                      LIABILITIES:

                      Federal liabilities:

                      2103
                      Debt
                      42
                      38

                      2104
                      Resources payable to Treasury
                      96
                      96

                      2999
                      Total liabilities
                      138
                      134

                      4999
                      Total liabilities and net position
                      138
                      134

             Historically Black College and University Capital Financing Direct Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4255–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0004
                      Interest paid to Treasury (FFB)
                      27
                      22
                      30

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      111
                      303
                      303

                      0742
                      Downward reestimate paid to receipt account
                      24
                      39

                      0743
                      Interest on downward reestimates

                      44

                      0791
                      Direct program activities, subtotal
                      135
                      386
                      303

                      0900
                      Total new obligations
                      162
                      408
                      333

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      242
                      252
                      230

                      1023
                      Unobligated balances applied to repay debt
                      –5

                      1050
                      Unobligated balance (total)
                      237
                      252
                      230

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      111
                      303
                      303

                      1440
                      Borrowing authority, mandatory (total)
                      111
                      303
                      303

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      87
                      132
                      106

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –21
                      –49
                      –45

                      1850
                      Spending auth from offsetting collections, mand (total)
                      66
                      83
                      61

                      1900
                      Financing authority (total)
                      177
                      386
                      364

                      1930
                      Total budgetary resources available
                      414
                      638
                      594

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      252
                      230
                      261

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      260
                      212
                      463

                      3010
                      Obligations incurred, unexpired accounts
                      162
                      408
                      333

                      3020
                      Financing disbursements (gross)
                      –210
                      –157
                      –239

                      3050
                      Unpaid obligations, end of year
                      212
                      463
                      557

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –22
                      –22
                      –22

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –22
                      –22
                      –22

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      238
                      190
                      441

                      3200
                      Obligated balance, end of year
                      190
                      441
                      535

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      177
                      386
                      364

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      210
                      157
                      239

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources
                      –31
                      –42
                      –11

                      4122
                      Interest on uninvested funds
                      –11
                      –19
                      –20

                      4123
                      Interest repayments
                      –22
                      –22
                      –30

                      4123
                      Principal repayments
                      –23
                      –49
                      –45

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –87
                      –132
                      –106

                      4160
                      Financing authority, net (mandatory)
                      90
                      254
                      258

                      4170
                      Financing disbursements, net (mandatory)
                      123
                      25
                      133

                      4180
                      Financing authority, net (total)
                      90
                      254
                      258

                      4190
                      Financing disbursements, net (total)
                      123
                      25
                      133

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4255–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      111
                      303
                      303

                      1150
                      Total direct loan obligations
                      111
                      303
                      303

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      1,128
                      1,259
                      1,332

                      1231
                      Disbursements: Direct loan disbursements
                      158
                      114
                      174

                      1251
                      Repayments: Repayments and prepayments
                      –27
                      –41
                      –41

                      1290
                      Outstanding, end of year
                      1,259
                      1,332
                      1,465

             As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Federal
                Government resulting from direct loans obligated in 1996 and beyond. The Federal Financing Bank (FFB) purchases bonds issued
                by the HBCU Designated Bonding Authority. Under the policies governing Federal credit programs, bonds purchased by the FFB
                and supported by the Department of Education with a letter of credit create the equivalent of a Federal direct loan. HBCU
                bonds are also available for purchase by the private sector, and these will be treated as loan guarantees. However, the Department
                anticipates that all HBCU loans will be financed by the FFB. The amounts in this account are a means of financing and are
                not included in the budget totals.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4255–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      202
                      202

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      1,259
                      1,259

                      1402
                      Interest receivable
                      11
                      11

                      1405
                      Allowance for subsidy cost (-)
                      –207
                      –207

                      1499
                      Net present value of assets related to direct loans
                      1,063
                      1,063

                      1999
                      Total assets
                      1,265
                      1,265

                      LIABILITIES:

                      Federal liabilities:

                      2102
                      Interest payable
                      6
                      6

                      2103
                      Debt
                      1,259
                      1,259

                      2999
                      Total liabilities
                      1,265
                      1,265

                      4999
                      Total liabilities and net position
                      1,265
                      1,265

             Office of Federal Student Aid

             Federal Funds
             Student financial assistanceFor carrying out subparts 1 [, 3, and 10] and 3 of part A, and part C of title IV of the HEA, $24,198,210,000, which shall remain available through September 30, [2016] 2017: Provided, That, of amounts provided under this heading, $2,124,000,000 shall also be available for Pell Grants for award
                year 2017–2018.
          The maximum Pell Grant for which a student shall be eligible during award year [2015–2016] 2016–2017 shall be $4,860. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0200–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0101
                      Federal Pell grants
                      29,808
                      31,297
                      32,169

                      0201
                      Federal supplemental educational opportunity grants (SEOG)
                      736
                      734
                      733

                      0202
                      Federal work-study
                      978
                      992
                      990

                      0291
                      Campus-based activities - Subtotal
                      1,714
                      1,726
                      1,723

                      0900
                      Total new obligations (object class 41.0)
                      31,522
                      33,023
                      33,892

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      11,895
                      10,514
                      8,401

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      4,308
                      5,130

                      1021
                      Recoveries of prior year unpaid obligations
                      231

                      1050
                      Unobligated balance (total)
                      12,126
                      10,514
                      8,401

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      24,486
                      24,198
                      24,198

                      1160
                      Appropriation, discretionary (total)
                      24,486
                      24,198
                      24,198

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      5,424
                      6,712
                      6,519

                      1260
                      Appropriations, mandatory (total)
                      5,424
                      6,712
                      6,519

                      1900
                      Budget authority (total)
                      29,910
                      30,910
                      30,717

                      1930
                      Total budgetary resources available
                      42,036
                      41,424
                      39,118

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      10,514
                      8,401
                      5,226

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      22,727
                      20,772
                      21,730

                      3010
                      Obligations incurred, unexpired accounts
                      31,522
                      33,023
                      33,892

                      3011
                      Obligations incurred, expired accounts
                      117

                      3020
                      Outlays (gross)
                      –33,176
                      –32,065
                      –32,987

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –231

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –187

                      3050
                      Unpaid obligations, end of year
                      20,772
                      21,730
                      22,635

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      22,727
                      20,772
                      21,730

                      3200
                      Obligated balance, end of year
                      20,772
                      21,730
                      22,635

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      24,486
                      24,198
                      24,198

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      4,396
                      4,695
                      5,531

                      4011
                      Outlays from discretionary balances
                      20,484
                      16,463
                      21,528

                      4020
                      Outlays, gross (total)
                      24,880
                      21,158
                      27,059

                      Mandatory:

                      4090
                      Budget authority, gross
                      5,424
                      6,712
                      6,519

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      2,009
                      2,468
                      1,695

                      4101
                      Outlays from mandatory balances
                      6,287
                      8,439
                      4,233

                      4110
                      Outlays, gross (total)
                      8,296
                      10,907
                      5,928

                      4180
                      Budget authority, net (total)
                      29,910
                      30,910
                      30,717

                      4190
                      Outlays, net (total)
                      33,176
                      32,065
                      32,987

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–0200–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      317
                      330
                      321

                      1251
                      Repayments: Repayments and prepayments
                      –36
                      –28
                      –24

                      Write-offs for default:

                      1263
                      Direct loans

                      –1
                      –1

                      1264
                      Other adjustments, net (+ or -)
                      49
                      20
                      20

                      1290
                      Outstanding, end of year
                      330
                      321
                      316

             Notes._Figures include, in all years, institutional matching share of defaulted notes assigned from institutions to the Education
                Department.
    Funding from the Student Financial Assistance account and related matching funds would provide more than 11.0 million awards
                   totaling more than $34.9 billion in available aid in award year 2016–2017. In addition, the request would provide $4.1 billion
                   in aid to an estimated 731,000 students through an expanded Perkins loan program.
             Federal Pell grants._Pell Grants are the single largest source of grant aid for postsecondary education. Funding for this program is provided from
                two sources: discretionary appropriations and mandatory budget authority provided by the College Cost Reduction and Access
                Act, as amended, and changes to the Higher Education Act of 1965 made in the 2012 appropriations act.
    In 2016, nearly 8.4 million undergraduates will receive up to $4,860 from the discretionary award and an additional $1,055
                   from the mandatory add-on to help pay for postsecondary education. Undergraduate students establish eligibility for these
                   grants under award and need determination rules set out in the authorizing statute and annual appropriations act. The 2016
                   Budget request includes $22.5 billion in discretionary funding for Pell Grants in 2016, which, when combined with mandatory
                   funding, will support a projected maximum award of $5,915. Additionally, the Budget proposes to make several small reforms
                   to the Pell Grant program:
    First, it will strengthen academic progress requirements in the Pell Grant program.
    Second, it would allow students enrolled in eligible career pathways programs to get the maximum Pell Grant award. An expansion
                   in 2015 only provided these students partial Pell awards.
    Third, it would limit the receipt of additional Pell disbursements by recipients who are not advancing academically.
    Fourth, the Budget would move Iraq Afghanistan Service Grants to the Pell Grant program so eligible students receive the full,
                   non-sequestered Pell award.
    Fifth, and finally, the Budget proposes eliminating questions related to assets, non-IRS untaxed income, non-IRS income exclusions,
                   and other income adjustments, which have been shown to confuse students. To prevent resulting decreases in Pell Grant awards,
                   the Budget also proposes a $600 reduction in Expected Family Contributions.
    The Budget also extends the inflationary increase to the maximum Pell grant award, which is scheduled to end after the 2017–2018
                   award year.
             Federal supplemental educational opportunity grants (SEOG)._Federal funds are awarded by formula to qualifying institutions, which use these funds to award grants to undergraduate students.
                While institutions have discretion in awarding these funds, they are required to give priority to Pell Grant recipients and
                other students with exceptional need. The Federal share of these grants cannot exceed 75 percent of the total grant. The 2016
                Budget includes $733 million for SEOG, which would generate $976.5 million in aid to 1.6 million students.

             Federal work-study._Federal funds are awarded by formula to qualifying institutions, which provide part-time jobs to eligible undergraduate and
                graduate students. Hourly earnings under this program must be at least the Federal minimum wage. Federal funding, in most
                cases, pays 75 percent of a student's hourly wages, with the remaining 25 percent paid by the employer. The Federal Work-Study
                program also requires participating institutions to use at least 7 percent of their total funds for students employed in community
                service jobs. The 2016 Budget includes $989.7 million for Work-Study, which would generate $1.2 billion in aid to 703,000
                students.

             Federal Perkins loans._Institutions award low-interest loans from institutional revolving funds, which are comprised of Federal Capital Contributions,
                institutional matching funds, and student repayments on outstanding loans. No new Federal Capital Contributions have been
                appropriated since 2004, and the program is scheduled to end at the end of 2015. Some students are eligible for loans for
                five additional years through a narrow grandfathering provision. As current Perkins Loan borrowers repay their loans, schools
                would remit the Federal share of those payments to the Department of Education, beginning at the statutory date described
                in the Higher Education Act of 1965. Schools would retain their own share of the revolving funds. The Budget proposes to modernize
                and expand the Perkins Loan program so more colleges can participate and more students can access loans. The proposal would
                increase, beginning on July 1, 2016, the annual loan amounts available to students to $8.5 billion. Rather than operating
                through institutional revolving funds, the Federal Government would originate and service Perkins Loans. Loan volume would
                be allocated among degree-granting institutions. This new formula will encourage colleges to control costs and offer need-based
                aid to prevent excessive indebtedness. Schools would have some discretion about student eligibility. Perkins Loan borrowers
                would be charged the same interest rate as Unsubsidized Stafford Loan borrowers. Perkins loans would accrue interest while
                students are in school, and other loan terms and conditions would be the same as current Unsubsidized Stafford loans. Mandatory
                loan subsidy costs of this proposal would reduce 2016 outlays by $418 million, savings which would be reinvested in student
                aid, specifically to continue indexing the Pell Grant to inflation beyond 2017. Subsidy costs are displayed in the Federal
                Perkins Loan program account.

             Iraq and Afghanistan service grants._This program provides non-need-based grants to students whose parent or guardian was a member of the Armed Forces and died
                in Iraq or Afghanistan as a result of performing military service after September 11, 2001. Service Grants are equal to the
                maximum Pell Grant for a given award year. The 2016 Budget proposes to move the Iraq and Afghanistan Service Grant program
                into the Pell Grant program, so eligible students receive a full, non-sequestered award.

             Funding tables._The following tables display student aid funds available, the number of aid awards, average awards, and the unduplicated count
                of recipients from each Federal student aid program. Loan amounts reflect the amount actually loaned to borrowers, not the
                Federal cost of these loans. The data in these tables include matching funds wherever appropriate. The 2016 data in these
                tables reflect the Administration's legislative proposals.

             AID FUNDS AVAILABLE FOR POSTSECONDARY EDUCATION AND TRAINING [in thousands of dollars]

                         2014
                         2015
                         2016

                         Pell grants
                         $30,998,135
                         $31,326,815
                         $32,113,120

                         Student loans:

                         Subsidized Stafford loans
                         26,199,894
                         26,346,005
                         26,954,466

                         Unsubsidized Stafford loans (Undergraduates)
                         27,950,514
                         28,513,646
                         29,969,604

                         Unsubsidized Stafford loans (Graduate students)
                         26,611,965
                         28,988,697
                         31,013,184

                         Unsubsidized Stafford loans (total)
                         55,562,479
                         57,502,343
                         60,982,788

                         Parent PLUS loans
                         10,786,584
                         11,361,379
                         11,978,431

                         Grad PLUS loans
                         8,266,179
                         8,705,513
                         9,244,696

                         PLUS loans (total)
                         19,053,303
                         20,066,893
                         21,223,127

                         Consolidation
                         34,569,391
                         26,575,291
                         27,808,075

                         Perkins loans
                         1,010,264
                         1,010,264
                         613,044

                         Unsubsidized Perkins loans
                         0
                         0
                         4,113,423

                         Student loans, subtotal
                         136,395,331
                         131,500,796
                         141,694,923

                         Work-study
                         1,158,522
                         1,176,350
                         1,176,350

                         Supplemental educational opportunity grants
                         976,513
                         976,513
                         976,513

                         Iraq and Afghanistan service grants
                         331
                         376
                         01

                         TEACH grants
                         91,554
                         80,423
                         94,318

                         Total aid available
                         169,614,386
                         165,056,273
                         176,051,225

             1 Value in 2016 reflects Budget policy to make Iraq and Afghanistan service grants part of the Pell Grant program.
             NUMBER OF AID AWARDS [in thousands]

                         2014
                         2015
                         2016

                         Pell grants
                         8,173
                         8,237
                         8,376

                         Subsidized Stafford loans
                         8,134
                         8,141
                         8,321

                         Unsubsidized Stafford loans (Undergraduates)
                         8,108
                         8,175
                         8,494

                         Unsubsidized Stafford loans (Graduate students)
                         1,979
                         2,038
                         2,142

                         Parent PLUS loans
                         849
                         880
                         913

                         Grad PLUS loans
                         514
                         537
                         564

                         Consolidation loans
                         686
                         488
                         503

                         Perkins loans
                         502
                         502
                         313

                         Unsubsidized Perkins loans
                         0
                         0
                         731

                         Work-study
                         692
                         703
                         703

                         Supplemental educational opportunity grants
                         1,629
                         1,629
                         1,629

                         Iraq and Afghanistan service grants
                         01
                         01
                         02

                         TEACH grants
                         33
                         31
                         33

                         Total awards
                         31,299
                         31,361
                         32,724

             1Number of recipients is fewer than 1,000.2 Value in 2016 reflects Budget policy to make Iraq and Afghanistan service grants part of the Pell Grant program.
             AVERAGE AID AWARDS [in whole dollars]

                         2014
                         2015
                         2016

                         Pell grants
                         3,793
                         3,803
                         3,834

                         Subsidized Stafford loans
                         3,221
                         3,236
                         3,240

                         Unsubsidized Stafford loans (Undergraduates)
                         3,447
                         3,488
                         3,526

                         Unsubsidized Stafford loans (Graduate students)
                         13,954
                         14,226
                         14,476

                         Parent PLUS loans
                         12,703
                         12,907
                         13,117

                         Grad PLUS loans
                         16,098
                         16,219
                         16,383

                         Consolidation loans
                         50,390
                         54,415
                         55,294

                         Perkins loans
                         2,014
                         2,014
                         1,957

                         Unsubsidized Perkins loans
                         0
                         0
                         5,630

                         Work-study
                         1,673
                         1,673
                         1,678

                         Supplemental educational opportunity grants
                         599
                         599
                         599

                         Iraq and Afghanistan service grants
                         4,940
                         5,013
                         01

                         TEACH grants
                         2,815
                         2,633
                         2,825

             1 Value in 2016 reflects Budget policy to make Iraq and Afghanistan service grants part of the Pell Grant program.
             NUMBER OF STUDENTS AIDED [in thousands]

                         2014
                         2015
                         2016

                         Unduplicated student count
                         12,770
                         13,150
                         13,235

             ADMINISTRATIVE PAYMENTS TO INSTITUTIONS [in thousands of dollars]

                         2014
                         2015
                         2016

                         Pell grants
                         40,865
                         41,185
                         41,880

                         Work-study
                         46,877
                         47,598
                         47,598

                         Supplemental educational opportunity grants
                         14,386
                         14,386
                         14,386

                         Perkins loans
                         50,977
                         50,977
                         30,934

             Student Financial Assistance

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0200–4–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      –60

                      1260
                      Appropriations, mandatory (total)

                      –60

                      1930
                      Total budgetary resources available

                      –60

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      –60

                      Change in obligated balance:

                      Unpaid obligations:

                      3020
                      Outlays (gross)

                      16

                      3050
                      Unpaid obligations, end of year

                      16

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      16

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      –60

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      –16

                      4180
                      Budget authority, net (total)

                      –60

                      4190
                      Outlays, net (total)

                      –16

             Student aid administrationFor Federal administrative expenses to carry out part D of title I, and subparts 1, 3, [9, and 10] and 9 of part A, and parts B, C, D, and E of title IV of the HEA, and subpart 1 of part A of title VII of the Public Health Service
             Act, [$1,396,924,000] $1,581,854,000, to remain available through September 30, [2016] 2017. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0202–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Student aid administration
                      837
                      716
                      727

                      0002
                      Discretionary servicing activities
                      565
                      681
                      855

                      0900
                      Total new obligations
                      1,402
                      1,397
                      1,582

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      55
                      57
                      57

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      55

                      1021
                      Recoveries of prior year unpaid obligations
                      11

                      1050
                      Unobligated balance (total)
                      66
                      57
                      57

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      1,166
                      1,397
                      1,582

                      1121
                      Appropriations transferred from other acct [075–0340]
                      1

                      1160
                      Appropriation, discretionary (total)
                      1,167
                      1,397
                      1,582

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      258

                      1230
                      Appropriations and/or unobligated balance of appropriations permanently reduced
                      –31

                      1260
                      Appropriations, mandatory (total)
                      227

                      1900
                      Budget authority (total)
                      1,394
                      1,397
                      1,582

                      1930
                      Total budgetary resources available
                      1,460
                      1,454
                      1,639

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –1

                      1941
                      Unexpired unobligated balance, end of year
                      57
                      57
                      57

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      604
                      640
                      793

                      3010
                      Obligations incurred, unexpired accounts
                      1,402
                      1,397
                      1,582

                      3020
                      Outlays (gross)
                      –1,328
                      –1,244
                      –1,438

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –11

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –27

                      3050
                      Unpaid obligations, end of year
                      640
                      793
                      937

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      604
                      640
                      793

                      3200
                      Obligated balance, end of year
                      640
                      793
                      937

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,167
                      1,397
                      1,582

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      564
                      763
                      853

                      4011
                      Outlays from discretionary balances
                      439
                      469
                      582

                      4020
                      Outlays, gross (total)
                      1,003
                      1,232
                      1,435

                      Mandatory:

                      4090
                      Budget authority, gross
                      227

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      216

                      4101
                      Outlays from mandatory balances
                      109
                      12
                      3

                      4110
                      Outlays, gross (total)
                      325
                      12
                      3

                      4180
                      Budget authority, net (total)
                      1,394
                      1,397
                      1,582

                      4190
                      Outlays, net (total)
                      1,328
                      1,244
                      1,438

             The Department of Education manages Federal student aid programs that will provide nearly $148 billion in new Federal student
                aid grants and loans to 13.2 million students and parents in 2016. The Offices of Postsecondary Education, the Under Secretary
                and Federal Student Aid (FSA) are primarily responsible for administering the Federal student financial assistance programs.
                FSA was created by Congress in 1998 with a mandate to improve service to students and other student aid program participants,
                reduce student aid administration costs, and improve accountability and program integrity.

                Student Aid AdministrationThe 2016 Budget includes $727 million for student aid administration activities and $855 million for loan servicing activities,
                for a total of $1.582 billion in discretionary budget authority. Administrative functions supported by these discretionary
                funds include: processing student aid applications; providing and tracking aid awards to students, parents, and schools; servicing
                the Department's loan portfolio; promoting efforts to reach key student populations; and simplifying the student aid application.

             Servicing costs are largely determined by volume (borrower accounts per month) and the negotiated contractual per-borrower
                price for each type of loan status (such as in-school, repayment, deferment, and forbearance). Changes in the distribution
                of borrowers in each loan status affect the total overall cost for servicing since servicers are paid more for in-repayment
                borrowers than for in-school borrowers and less for borrowers who are delinquent than those who are current. The servicing
                contracts' incentive-based pricing and the contracts' performance metrics are designed to encourage high-quality customer
                service and help borrowers stay current. Servicing costs in 2016 have increased over past years and will continue to do so,
                as the Direct Loan program's total borrowers continue to increase and as the portfolio matures with more borrowers moving
                from in-school to in-repayment.

          Object Classification (in millions of dollars)

                      Identification code 091–0202–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      138
                      146
                      148

                      11.3
                      Other than full-time permanent
                      1

                      11.5
                      Other personnel compensation
                      2
                      2
                      2

                      11.9
                      Total personnel compensation
                      141
                      148
                      150

                      12.1
                      Civilian personnel benefits
                      41
                      45
                      46

                      21.0
                      Travel and transportation of persons
                      2
                      3
                      3

                      23.1
                      Rental payments to GSA
                      19
                      19
                      19

                      23.3
                      Communications, utilities, and miscellaneous charges
                      1

                      24.0
                      Printing and reproduction
                      1
                      2
                      2

                      25.1
                      Advisory and assistance services
                      5
                      3
                      3

                      25.2
                      Other services from non-Federal sources
                      818
                      742
                      933

                      25.3
                      Other goods and services from Federal sources
                      22
                      19
                      22

                      25.7
                      Operation and maintenance of equipment
                      351
                      416
                      404

                      99.0
                      Direct obligations
                      1,401
                      1,397
                      1,582

                      99.5
                      Below reporting threshold
                      1

                      99.9
                      Total new obligations
                      1,402
                      1,397
                      1,582

          Employment Summary

                      Identification code 091–0202–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      1,320
                      1,350
                      1,350

             TEACH Grant Program Account

             Program and Financing (in millions of dollars)

                      Identification code 091–0206–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy
                      14
                      14
                      12

                      0705
                      Reestimates of direct loan subsidy
                      4

                      0900
                      Total new obligations (object class 41.0)
                      18
                      14
                      12

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      1
                      1

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation (indefinite) - Loan subsidy
                      15
                      14
                      12

                      1200
                      Appropriation (indefinite) - Upward reestimate
                      4

                      1260
                      Appropriations, mandatory (total)
                      19
                      14
                      12

                      1930
                      Total budgetary resources available
                      19
                      15
                      13

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      1
                      1
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      4
                      5
                      2

                      3010
                      Obligations incurred, unexpired accounts
                      18
                      14
                      12

                      3020
                      Outlays (gross)
                      –16
                      –13
                      –13

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1
                      –4

                      3050
                      Unpaid obligations, end of year
                      5
                      2
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      4
                      5
                      2

                      3200
                      Obligated balance, end of year
                      5
                      2
                      1

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      19
                      14
                      12

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      13
                      9
                      8

                      4101
                      Outlays from mandatory balances
                      3
                      4
                      5

                      4110
                      Outlays, gross (total)
                      16
                      13
                      13

                      4180
                      Budget authority, net (total)
                      19
                      14
                      12

                      4190
                      Outlays, net (total)
                      16
                      13
                      13

          Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 091–0206–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      TEACH Grants
                      106
                      86
                      101

                      Direct loan subsidy (in percent):

                      132001
                      TEACH Grants
                      13.75
                      16.57
                      11.64

                      132999
                      Weighted average subsidy rate
                      13.75
                      16.57
                      11.64

                      Direct loan subsidy budget authority:

                      133001
                      TEACH Grants
                      15
                      14
                      12

                      Direct loan subsidy outlays:

                      134001
                      TEACH Grants
                      12
                      13
                      12

                      Direct loan reestimates:

                      135001
                      TEACH Grants
                      –9
                      –31

             The TEACH Grant program, authorized by the College Cost Reduction and Access Act of 2007, awards annual grants of up to $4,000
                to full- or part-time undergraduate and graduate students who agree to teach mathematics, science, foreign languages, bilingual
                education, special education, or reading at a high-poverty school for not less than four years within eight years of graduation.
                The program began awarding grants in the 2008–2009 award year. Students must have a grade point average of 3.25 or higher
                to be eligible to receive a grant. Students who fail to fulfill the service requirements must repay the grants, including
                interest accrued from the time of award.

             Because TEACH Grants turn into loans in cases where the service requirements are not fulfilled, for budget and accounting
                purposes the program is operated consistent with the requirements of the Federal Credit Reform Act of 1990. This program account
                records subsidy costs reflecting the net present value of the estimated lifetime Federal program costs for grants awarded
                in a given fiscal year. Under this approach the subsidy cost reflects the cost of grant awards net of expected future repayments
                for grants that are converted to loans.

             TEACH Grant Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4290–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      105
                      86
                      101

                      0713
                      Payment of interest to Treasury
                      18
                      28
                      33

                      0742
                      Downward reestimate paid to receipt account
                      13
                      28

                      0743
                      Interest on downward reestimates
                      1
                      4

                      0900
                      Total new obligations
                      137
                      146
                      134

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1
                      1

                      1021
                      Recoveries of prior year unpaid obligations
                      20
                      5
                      6

                      1023
                      Unobligated balances applied to repay debt
                      –13

                      1024
                      Unobligated balance of borrowing authority withdrawn
                      –8
                      –5
                      –6

                      1050
                      Unobligated balance (total)

                      1

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      108
                      129
                      123

                      1440
                      Borrowing authority, mandatory (total)
                      108
                      129
                      123

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      45
                      31
                      35

                      1801
                      Change in uncollected payments, Federal sources
                      1
                      4
                      3

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –16
                      –19
                      –27

                      1850
                      Spending auth from offsetting collections, mand (total)
                      30
                      16
                      11

                      1900
                      Financing authority (total)
                      138
                      145
                      134

                      1930
                      Total budgetary resources available
                      138
                      146
                      134

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      75
                      64
                      46

                      3010
                      Obligations incurred, unexpired accounts
                      137
                      146
                      134

                      3020
                      Financing disbursements (gross)
                      –128
                      –159
                      –164

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –20
                      –5
                      –6

                      3050
                      Unpaid obligations, end of year
                      64
                      46
                      10

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –3
                      –4
                      –8

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      –1
                      –4
                      –3

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –4
                      –8
                      –11

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      72
                      60
                      38

                      3200
                      Obligated balance, end of year
                      60
                      38
                      –1

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      138
                      145
                      134

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      128
                      159
                      164

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward Reestimate
                      –16

                      4120
                      Subsidy from Program Account

                      –13
                      –12

                      4122
                      Interest on uninvested funds
                      –2

                      4123
                      Payment of Principal
                      –27
                      –11
                      –15

                      4123
                      Interest Received

                      –7
                      –8

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –45
                      –31
                      –35

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      –1
                      –4
                      –3

                      4160
                      Financing authority, net (mandatory)
                      92
                      110
                      96

                      4170
                      Financing disbursements, net (mandatory)
                      83
                      128
                      129

                      4180
                      Financing authority, net (total)
                      92
                      110
                      96

                      4190
                      Financing disbursements, net (total)
                      83
                      128
                      129

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4290–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      105
                      86
                      101

                      1150
                      Total direct loan obligations
                      105
                      86
                      101

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      501
                      580
                      654

                      1231
                      Disbursements: Direct loan disbursements
                      106
                      85
                      90

                      1251
                      Repayments: Repayments and prepayments
                      –27
                      –11
                      –15

                      1290
                      Outstanding, end of year
                      580
                      654
                      729

          Balance Sheet (in millions of dollars)

                      Identification code 091–4290–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      32
                      20

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      501
                      580

                      1402
                      Interest receivable
                      58
                      75

                      1405
                      Allowance for subsidy cost (-)
                      –106
                      –120

                      1499
                      Net present value of assets related to direct loans
                      453
                      535

                      1999
                      Total assets
                      485
                      555

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable
                      1

                      2103
                      Debt
                      484
                      555

                      2999
                      Total liabilities
                      485
                      555

                      4999
                      Total liabilities and net position
                      485
                      555

             Student Financial Assistance Debt Collection

             Special and Trust Fund Receipts (in millions of dollars)

                      Identification code 091–5557–0–2–502
                      2014 actual
                      2015 est.
                      2016 est.

                      0100
                      Balance, start of year
                      1
                      1
                      1

                      Receipts:

                      0220
                      Student Financial Assistance Debt Collection
                      11
                      13
                      13

                      0400
                      Total: Balances and collections
                      12
                      14
                      14

                      Appropriations:

                      0500
                      Student Financial Assistance Debt Collection
                      –11
                      –13
                      –13

                      0501
                      Student Financial Assistance Debt Collection
                      –1

                      0502
                      Student Financial Assistance Debt Collection
                      1

                      0599
                      Total appropriations
                      –11
                      –13
                      –13

                      0799
                      Balance, end of year
                      1
                      1
                      1

          Program and Financing (in millions of dollars)

                      Identification code 091–5557–0–2–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Student Financial Assistance Debt Collection
                      4
                      4
                      4

                      0900
                      Total new obligations (object class 25.2)
                      4
                      4
                      4

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      13
                      11
                      13

                      1022
                      Capital transfer of unobligated balances to general fund
                      –8
                      –7
                      –8

                      1050
                      Unobligated balance (total)
                      5
                      4
                      5

                      Budget authority:

                      Appropriations, mandatory:

                      1201
                      Appropriation (special or trust fund)
                      11
                      13
                      13

                      1203
                      Appropriation (previously unavailable)
                      1

                      1232
                      Appropriations and/or unobligated balance of appropriations temporarily reduced
                      –1

                      1235
                      Capital transfer of appropriations to general fund
                      –1

                      1260
                      Appropriations, mandatory (total)
                      10
                      13
                      13

                      1930
                      Total budgetary resources available
                      15
                      17
                      18

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      11
                      13
                      14

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3
                      4
                      4

                      3010
                      Obligations incurred, unexpired accounts
                      4
                      4
                      4

                      3020
                      Outlays (gross)
                      –3
                      –4
                      –4

                      3050
                      Unpaid obligations, end of year
                      4
                      4
                      4

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3
                      4
                      4

                      3200
                      Obligated balance, end of year
                      4
                      4
                      4

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      10
                      13
                      13

                      Outlays, gross:

                      4101
                      Outlays from mandatory balances
                      3
                      4
                      4

                      4180
                      Budget authority, net (total)
                      10
                      13
                      13

                      4190
                      Outlays, net (total)
                      3
                      4
                      4

             Federal Student Loan Reserve Fund

             Program and Financing (in millions of dollars)

                      Identification code 091–4257–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0102
                      Obligations, non-Federal
                      10,943
                      9,608
                      6,143

                      0900
                      Total new obligations (object class 42.0)
                      10,943
                      9,608
                      6,143

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1,482
                      1,471
                      1,347

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      10,932
                      9,484
                      6,143

                      1850
                      Spending auth from offsetting collections, mand (total)
                      10,932
                      9,484
                      6,143

                      1930
                      Total budgetary resources available
                      12,414
                      10,955
                      7,490

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      1,471
                      1,347
                      1,347

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts
                      10,943
                      9,608
                      6,143

                      3020
                      Outlays (gross)
                      –10,943
                      –9,608
                      –6,143

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      10,932
                      9,484
                      6,143

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      10,749
                      9,441
                      6,035

                      4101
                      Outlays from mandatory balances
                      194
                      167
                      108

                      4110
                      Outlays, gross (total)
                      10,943
                      9,608
                      6,143

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources
                      –10,749
                      –9,441
                      –6,035

                      4123
                      Non-Federal sources
                      –183
                      –43
                      –108

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –10,932
                      –9,484
                      –6,143

                      4170
                      Outlays, net (mandatory)
                      11
                      124

                      4190
                      Outlays, net (total)
                      11
                      124

             The Higher Education Amendments of 1998 clarified that reserve funds held by public and non-profit guaranty agencies participating
                in the Federal Family Education Loan (FFEL) program are Federal property. These reserves are used to pay default claims from
                FFEL lenders and fees to support agency efforts to avert defaults. The Federal Government reimburses these reserves for default
                claim payments. The following schedule reflects the balances in these guaranty agency funds.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4257–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      1,482
                      1,471

                      1999
                      Total assets
                      1,482
                      1,471

                      NET POSITION:

                      3300
                      Cumulative results of operations
                      1,482
                      1,471

                      4999
                      Total liabilities and net position
                      1,482
                      1,471

             Federal Direct Student Loan Program Account

             Program and Financing (in millions of dollars)

                      Identification code 091–0243–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0703
                      Subsidy for modifications of direct loans

                      9,307

                      0705
                      Reestimates of direct loan subsidy
                      14,693
                      19,224

                      0706
                      Interest on reestimates of direct loan subsidy
                      1,561
                      2,853

                      0900
                      Total new obligations (object class 41.0)
                      16,254
                      31,384

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation (indefinite)
                      16,254
                      31,384

                      1260
                      Appropriations, mandatory (total)
                      16,254
                      31,384

                      1900
                      Budget authority (total)
                      16,254
                      31,384

                      1930
                      Total budgetary resources available
                      16,254
                      31,384

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      6
                      6
                      1

                      3010
                      Obligations incurred, unexpired accounts
                      16,254
                      31,384

                      3020
                      Outlays (gross)
                      –16,254
                      –31,389
                      –1

                      3050
                      Unpaid obligations, end of year
                      6
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      6
                      6
                      1

                      3200
                      Obligated balance, end of year
                      6
                      1

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      16,254
                      31,384

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      16,254
                      31,384

                      4101
                      Outlays from mandatory balances

                      5
                      1

                      4110
                      Outlays, gross (total)
                      16,254
                      31,389
                      1

                      4180
                      Budget authority, net (total)
                      16,254
                      31,384

                      4190
                      Outlays, net (total)
                      16,254
                      31,389
                      1

          Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 091–0243–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      Stafford
                      29,789
                      29,885
                      30,579

                      115002
                      Unsubsidized Stafford
                      62,916
                      65,130
                      69,057

                      115003
                      PLUS
                      20,140
                      21,167
                      22,388

                      115004
                      Consolidation
                      35,814
                      26,750
                      27,991

                      115999
                      Total direct loan levels
                      148,659
                      142,932
                      150,015

                      Direct loan subsidy (in percent):

                      132001
                      Stafford
                      -.46
                      8.59
                      4.60

                      132002
                      Unsubsidized Stafford
                      –21.15
                      –12.34
                      –18.06

                      132003
                      PLUS
                      –37.06
                      –25.30
                      –29.23

                      132004
                      Consolidation
                      –4.47
                      19.90
                      17.45

                      132999
                      Weighted average subsidy rate
                      –15.14
                      –3.85
                      –8.48

                      Direct loan subsidy budget authority:

                      133001
                      Stafford
                      –137
                      2,567
                      1,407

                      133002
                      Unsubsidized Stafford
                      –13,307
                      –8,037
                      –12,472

                      133003
                      PLUS
                      –7,464
                      –5,355
                      –6,544

                      133004
                      Consolidation
                      –1,601
                      5,323
                      4,884

                      133999
                      Total subsidy budget authority
                      –22,509
                      –5,502
                      –12,725

                      Direct loan subsidy outlays:

                      134001
                      Stafford
                      –58
                      1,585
                      1,531

                      134002
                      Unsubsidized Stafford
                      –12,781
                      –8,276
                      –9,885

                      134003
                      PLUS
                      –7,646
                      –5,734
                      –5,812

                      134004
                      Consolidation
                      –1,606
                      5,251
                      4,855

                      134005
                      Federal Direct Student Loans

                      9,307

                      134999
                      Total subsidy outlays
                      –22,091
                      2,133
                      –9,311

                      Direct loan reestimates:

                      135005
                      Federal Direct Student Loans
                      6,794
                      21,843

                      135999
                      Total direct loan reestimates
                      6,794
                      21,843

                      Administrative expense data:

                      3580
                      Outlays from balances

                      5
                      1

             The Federal Government has two major student loan programs: the FFEL program and the William D. Ford Federal Direct Loan (Direct
                Loan) program. The Health Care and Education Reconciliation Act of 2010 eliminated the authorization to originate new FFEL
                loans; as of July 1, 2010, all the Direct Loan program originates all new loans. This narrative outlines the structure of
                these two programs and provides text tables displaying program cost data; loan volume, subsidy, default, and interest rates;
                and other descriptive information.

             From its inception in 1965 through the end of June 2010, the FFEL program provided almost $899 billion in loans to postsecondary
                students and their parents. Although no new FFEL loans will be originated, billions of outstanding FFEL loans continue to
                be serviced by lenders and guaranty agencies.

             Loan capital in the FFEL program was provided by private lenders, facilitated by the Federal guarantee on the loans. For the
                outstanding FFEL portfolio, State and private nonprofit guaranty agencies act as agents of the Federal Government, providing
                a variety of services including collection of some defaulted loans, default avoidance activities, and counseling to schools,
                students, and lenders. The Government provides substantial payments to these guaranty agencies. The Bipartisan Budget Act
                of 2013 eliminated the guaranty agencies' current retention share of the original defaulted student loan amount, and reduced
                the maximum fee they can charge a borrower on the borrower's outstanding balance from 18.5 to 16 percent. Additionally, the
                Act required these agencies to send the rehabilitated loans to the Department of Education if they cannot find a private lender
                buyer, but maintained their right to the 16 percent collection fee. The Government also pays interest subsidies to lenders
                for certain borrowers, as well as most costs associated with loan defaults and other write-offs. For loans originated in the
                FFEL program, lenders may receive an interest subsidy, known as a special allowance payment, from the Government to ensure
                a guaranteed rate of return on the loans. Special allowance payments vary by loan type, are determined quarterly, and are
                based on current borrower interest rates and market-yield formulas. The guarantee percentage paid to lenders on most defaults
                is 97 percent of unpaid loan principal (including any accrued interest on the full loan principal). The Consolidated Appropriations
                Act, 2012, gave holders of Federal student loans the option to change the basis for the special allowance calculation from
                commercial paper to the London Interbank Offered Rate (LIBOR), beginning April 1, 2012.

             Under the Direct Loan program, the Federal Government provides loan capital through the Treasury while the Department of Education
                loan origination and servicing is handled by private-sector companies under performance-based contracts with the Department.
                The Direct Loan program began operation in academic year 1994–1995 with 7 percent of overall loan volume In 2016, excluding
                Consolidation Loans, the Direct Loan program will make $109.2 billion in new loans available. (This figure also does not include
                the current Perkins program nor the Budget's proposed new Perkins program.)

             The Direct Loan program offers four types of loans: Subsidized Stafford, Unsubsidized Stafford, PLUS, and Consolidation. Undergraduates
                with financial need may receive a subsidized Stafford loan (graduate and professional students are not eligible). The other
                three loan programs are available to borrowers at all income levels. Loans can be used for qualified educational expenses.
                The Bipartisan Student Loan Certainty Act of 2013 changed how student loan interest rates are set. The rates are set annually
                based on the 10-year Treasury note but those rates will remain fixed for the life of the loan. For Subsidized Stafford loans
                available to undergraduates, the interest rate will be equal to the 10-year Treasury note plus 2.05 percent and capped at
                8.25 percent. Loans originated in academic year 2014–2015 have an interest rate of 4.66 percent. Interest payments for these
                loans are fully subsidized by the Federal Government while a student is in school (up to 150 percent of program length) and
                during grace and deferment periods. The interest rate on new Unsubsidized Stafford loans for undergraduate borrowers is the
                same as that on subsidized Stafford loans for undergraduates. The Unsubsidized Stafford loan interest rate for graduate and
                professional students is equal to the 10-year Treasury note plus 3.6 percent and capped at 9.5 percent. Loans originated in
                academic year 2014–2015 have an interest rate of 6.21 percent. The borrower interest rate on PLUS loans to graduate and professional
                students and parents of undergraduate borrowers is equal to the 10-year Treasury note plus 4.6 percent and capped at 10.5
                percent. PLUS loans originated in academic year 2014–2015 have an interest rate of 7.21 percent.

             Consolidation loans allow borrowers to combine FFEL, Direct Loans, and Perkins Loans, as well as some loans made under the
                Public Health Service Act. The interest rate for new Consolidation loans equals the weighted average of the interest rate
                on the loans consolidated, rounded up to the nearest one-eighth of a percent. For most types of Direct Loans, the origination
                fee is a base rate of one percent, but an additional surcharge for sequestration was added in 2013, 2014, and in 2015. The
                base origination fee for PLUS loans is four percent, but is also subject to an additional surcharge in 2013, 2014, and in
                2015.

             Student borrowers may choose from four general types of repayment plans: standard, graduated, extended, and income-driven.
                The repayment period is 10 years for the standard, graduated, and income sensitive repayment plans; 20 years for the Pay As
                You Earn (PAYE) plan; and 25 years for the extended, income-based, and income-contingent repayment plans. The extended repayment
                plan is available for borrowers with outstanding loans totaling more than $30,000. Income-driven plans generally require partial
                financial hardship in order to qualify for reduced payments and the monthly payment is capped at the monthly payment of the
                10-year Standard plan. At the end of the repayment term, the borrower's remaining balance is forgiven. FFEL borrowers may
                change repayment plans annually. Direct Loan borrowers may switch between repayment plans at any time.

             Federal student loans have other benefits. For example, Federal student loans can be discharged when borrowers die, become
                totally and permanently disabled, or, under some circumstances, declare bankruptcy. In addition, there are several loan forgiveness
                programs. For example, new borrowers after October 1, 1998, who are employed as teachers in schools serving low-income populations
                for five consecutive, complete school years, qualify for up to $5,000 in loan forgiveness; this benefit is increased to $17,500
                for mathematics, science, and special education teachers considered highly qualified under criteria established in the Elementary
                and Secondary Education Act. In addition, under the Public Sector Loan Forgiveness Program (PSLF), qualifying borrowers who
                have worked for 10 years in the public sector and made payments in the standard or income-driven plans can have any remaining
                loan balance forgiven. This benefit is only available in the Direct Loan program, though FFEL borrowers may receive the benefit
                by taking out a Direct Consolidation Loan. Forgiveness is available for all borrowers, regardless of when they took out their
                loans.

             The 2016 Budget would reform the PAYE terms to ensure that program benefits are targeted to the neediest borrowers and safeguard
                the program for the future, including by protecting against institutional practices that may further increase student indebtedness.
                In addition, to simplify borrowers' experience while reducing program complexity, PAYE would become the only income-driven
                repayment plan for borrowers who originate their first loan on or after July 1, 2016, which would allow for easier selection
                of a repayment plan. Students who borrowed their first loans prior to July 1, 2016, would continue to be able to select among
                the existing repayment plans (for plans for which they now qualify and for loans originated through their current course of
                study), in addition to the modified PAYE. The Budget proposes additional changes to PAYE to include: eliminating the standard
                payment cap under PAYE so that high-income, high-balance borrowers pay an equitable share of their earnings as their income
                rises; calculating payments for married borrowers filing separately on the combined household Adjusted Gross Income; establishing
                a 25-year forgiveness period for borrowers with balances above the aggregate loan limit for independent undergraduate students;
                capping the amount of interest that can accrue when a borrower's monthly payment is insufficient to cover the interest to
                avoid ballooning loan balances; capping PSLF at the aggregate loan limit for independent undergraduate students to protect
                against institutional practices that may further increase student indebtedness, while ensuring the program provides sufficient
                relief for students committed to public service and; preventing payments made under non-income driven repayment plans from
                being applied toward PSLF to ensure that loan forgiveness is targeted to students with the greatest need.

             Savings from this proposal would be reinvested in student aid spending, specifically to extend CPI indexing of the Pell Grant
                beyond 2017.

             The following tables display performance indicators and program data; including projected overall Direct Loan and FFEL costs
                default rates.

             Federal Budget Authority and Outlays (in thousands of dollars)

                         2014 actual
                         2015 est.
                         2016 est.

                         PROGRAM COST:

                         FFEL:

                         Liquidating1
                         ($138,840)
                         ($205,977)
                         ($175,859)

                         Program:

                         Net Reestimate of Prior Year Costs
                         (1,655,679)
                         (3,293,567)
                         0

                         Net Modification2
                         (4,020,363)
                         0
                         0

                         Subtotal, Program
                         (5,676,042)
                         (3,293,567)
                         0

                         Total, FFEL
                         (5,814,882)
                         (3,499,544)
                         (175,859)

                         Direct Loans:

                         Program:

                         New Loan Subsidies
                         (22,508,729)
                         (5,501,826)
                         (13,207,675)

                         Net Reestimate of Prior Year Costs
                         6,793,632
                         21,872,075
                         0

                         Net Modification3
                         0
                         9,307,220
                         (804,088)

                         Total, Direct Loans
                         (15,715,097)
                         25,647,469
                         (14,011,763)

                         Total, FFEL and Direct Loans
                         (21,529,979)
                         22,147,925
                         (14,187,622)

                         PROGRAM COST OUTLAYS:

                         FFEL:

                         Liquidating1
                         (258,370)
                         (205,977)
                         (175,859)

                         Program:

                         Net Reestimate of Prior Year Costs
                         (1,655,679)
                         (3,293,567)
                         0

                         Net Modification2
                         (4,020,363)
                         0
                         0

                         Subtotal, Program
                         (5,676,042)
                         (3,293,567)
                         0

                         Total, FFEL
                         (5,934,413)
                         (3,499,544)
                         (175,859)

                         Direct Loans:

                         Program:

                         Regular
                         (22,090,527)
                         (7,173,877)
                         (9,649,727)

                         Net Reestimate of Prior Year Costs
                         6,793,632
                         21,842,075
                         0

                         Net Modification3
                         0
                         9,307,220
                         (804,088)

                         Total, Direct Loans
                         (15,296,895)
                         23,975,418
                         (10,453,814)

                         Total, FFEL and Direct Loans
                         (21,231,308)
                         20,475,874
                         (10,629,237)

             Details may not sum to totals due to rounding.1Liquidating account reflects loans made prior to 1992.2Reflects the cost or savings associated with policy changes passed in the Bipartisan Budget Act of 2013.3Reflects the cost or savings associated with policy changes proposed in the 2015 President's Budget.
             Summary of Default Rates1 (expressed as percentages)

                         2014 est.
                         2015 est.
                         2016 est.

                         Direct Loans:

                         Stafford
                         22.46
                         22.26
                         22.28

                         Unsubsidized Stafford

                         Undergraduate
                         23.03
                         22.80
                         22.82

                         Graduate/Professional
                         6.73
                         6.71
                         6.71

                         PLUS

                         Parent PLUS
                         10.23
                         10.06
                         10.03

                         Grad PLUS
                         6.06
                         6.05
                         6.05

                         Consolidation
                         20.71
                         22.80
                         22.56

                         Weighted Average, Direct Loans
                         16.90
                         16.84
                         16.71

             1Default rates displayed in this table, which reflect projected defaults over the life of a loan cohort, are used in developing
             program cost estimates. The Department uses other rates based on defaults occurring in the first 3 years of repayment to determine
             institutional eligibility to participate in Federal loan programs. These 3-year rates are lower than those included in this
             table.
             FFEL program payments are made to lenders (interest subsidies, loan defaults, and discharges) and guaranty agencies (default
                collection costs, administrative services). These payments are partially offset by an annual consolidation loan holder fee.
                In Direct Loans, cash outflows are primarily payments to Treasury. Cash inflows include principal and interest payments on
                outstanding Direct Loans.

             The following table shows Government payments to and from lenders, guaranty agencies, and borrowers for specific years, regardless
                of when loans were originated. These flows do not reflect long-term costs to the Government, nor the value of outstanding
                loan assets, which are reflected in credit reform subsidy estimates.

             The Federal Credit Reform Act of 1990 accounts for differences in the amount and timing of cash flows among direct and guaranteed
                loan programs to make cost estimates for these programs comparable with each other and other Federal programs.

             Selected Program Costs and Offsets (in thousands of dollars)

                         2014 actual
                         2015 est.
                         2016 est.

                         FFEL:

                         Payments to lenders:

                         Interest benefits
                         $1,055,786
                         $400,218
                         $285,201

                         Special allowance payments1
                         (4,771,634)
                         (3,295,873)
                         (1,533,390)

                         Default claims
                         9,508,811
                         7,697,237
                         4,928,556

                         Loan discharges
                         1,957,818
                         1,114,176
                         1,141,864

                         Teacher loan forgiveness
                         130,336
                         134,065
                         82,052

                         Administrative payments to guaranty agencies
                         168,368
                         177,721
                         160,458

                         Fees paid to the Department of Education:

                         Loan holder fees
                         (1,817,847)
                         (1,117,885)
                         (942,171)

                         Other Major Transactions:

                         Net default collections
                         (9,022,641)
                         (9,600,654)
                         (9,176,355)

                         Contract collection costs
                         (312,671)
                         (256,489)
                         (202,538)

                         Federal administrative costs
                         55,378
                         34,059
                         34,208

                         Net Cash Flow, FFEL
                         (3,048,297)
                         (4,713,426)
                         (5,222,115)

                         Ensuring Continued Access to Student Loans (ECASLA):

                         Inflows
                         (11,217,597)
                         (10,741,923)
                         (11,034,072)

                         Outflows
                         10,913,863
                         10,671,709
                         10,587,896

                         Federal administrative costs
                         150,313
                         115,800
                         145,386

                         Net Cash Flow, ECASLA
                         (153,422)
                         45,586
                         (300,790)

                         Direct Loans:

                         Loan disbursements to borrowers
                         134,051,561
                         129,050,799
                         135,386,968

                         Borrower interest payments
                         (10,038,665)
                         (13,496,121)
                         (15,762,301)

                         Borrower principal payments
                         (35,105,671)
                         (37,795,694)
                         (44,930,601)

                         Borrower origination fees
                         (1,622,512)
                         (1,732,333)
                         (1,738,541)

                         Net default collections
                         (2,009,663)
                         (6,043,010)
                         (7,512,583)

                         Contract collection costs
                         957,910
                         995,423
                         1,115,402

                         Federal administrative costs
                         585,429
                         531,320
                         675,617

                         Net operating cash flows
                         86,818,388
                         71,510,384
                         67,233,961

                         Loan capital borrowings from Treasury
                         (134,051,561)
                         (129,050,799)
                         (135,386,968)

                         Net interest payments to Treasury
                         21,482,514
                         25,152,484
                         34,015,924

                         Principal payments to Treasury
                         38,671,509
                         56,305,118
                         31,166,236

                         Subtotal, Treasury activity
                         (73,897,539)
                         (47,593,197)
                         (70,204,808)

                         Net Cash Flow, Direct Loans
                         12,920,849
                         23,917,186
                         (2,970,848)

             1Includes Negative Special Allowance Payments.
             Student Loan Program Costs: Analysis of Direct Loans including Program and Administrative Expenses (expressed as percentages)

                         2014 actual
                         2015 est.
                         2016 est.

                         Direct Loans:

                         New Loans:

                         Stafford
                         1.39
                         8.59
                         4.33

                         Unsubsidized Stafford

                         Undergraduate
                         –11.86
                         –5.33
                         –11.81

                         Graduate/Professional
                         –25.55
                         –19.23
                         –24.86

                         PLUS

                         Parent PLUS
                         –25.66
                         –19.91
                         –22.75

                         Grad PLUS
                         –39.47
                         –32.33
                         –38.03

                         Subtotal, new loan subsidy
                         –15.55
                         –9.21
                         –14.65

                         Federal administrative costs
                         1.70
                         1.70
                         1.70

                         Subtotal, new loans
                         –13.85
                         –7.51
                         –12.95

                         Consolidation Loans

                         Loan subsidy
                         15.87
                         19.90
                         17.10

                         Federal administrative costs
                         0.38
                         0.38
                         0.38

                         Subtotal, consolidation loans
                         16.25
                         20.28
                         17.48

                         New and Consolidation Loans

                         Loan subsidy
                         –8.18
                         –4.02
                         –8.73

                         Federal administrative costs
                         1.45
                         1.45
                         1.45

                         Total, Direct Loans
                         –6.73
                         –2.57
                         –7.28

             Totals may not add due to rounding. Subsidies are weighted on Gross Volumes.Notes: For 2014, the rates are current; these include the actual executed rates for 2014 and the effect of re-estimates on
             those rates.
             The table above describes Direct Loan costs on a subsidy rate basis: program costs calculated under the Federal Credit Reform
                Act of 1990 and comparably projected estimates of Federal administrative costs. As with any long-term projection, the comparison
                is based on assumed future interest rates, borrower characteristics, administrative costs, and other factors over the life
                of the loan cohort. To the degree actual conditions differ from projections, estimated subsidy rates will change.

             The Federal Credit Reform Act of 1990 requires the cost of existing loan cohorts to be reestimated to reflect changes in actual
                and assumed borrower behavior, interest rates, and other factors. The following table shows the impact of these reestimates
                in FFEL and Direct Loans.

             Loan Disbursement and Subsidy Costs (in billions of dollars)
             Total Subsidy Costs 1992–2014 (in billions of dollars)

                         FFEL
                         Direct Loans

                         Original Subsidy Costs
                         +$77.1
                         -$99.1

                         Cumulative Reestimates
                         -$51.6
                         +$26.3

                         Net Subsidy Costs
                         +$25.5
                         -$72.8

                         Total Disbursements
                         +$898.7
                         +$931.2

             Changes in interest rate projections are a significant factor in FFEL and Direct Loan reestimates; recent declines in interest
                rates below historical averages have been a major driver in changes to program costs. In addition, the number of borrowers
                enrolled in income-based repayment plans has begun to increase which reflects program costs.

             Direct Loan Repayment Options (expressed as percentages)

                         Subsidies by Repayment Option
                         2014 actual1
                         2015 est.
                         2016 est.

                         Stafford:

                         Standard
                         –0.42
                         6.67
                         3.16

                         Extended
                         –1.87
                         6.73
                         –0.05

                         Graduated
                         –1.27
                         7.46
                         0.80

                         IDR2
                         14.64
                         21.27
                         14.48

                         Unsubsidized Stafford:

                         Standard
                         –24.87
                         –18.98
                         –24.01

                         Extended
                         –32.54
                         –24.09
                         –34.77

                         Graduated
                         –32.66
                         –23.94
                         –34.86

                         IDR
                         14.18
                         20.38
                         13.84

                         PLUS:

                         Standard
                         –34.95
                         –29.91
                         –32.15

                         Extended
                         –51.48
                         –42.41
                         –50.83

                         Graduated
                         –53.07
                         –43.38
                         –52.41

                         IDR
                         7.51
                         16.27
                         9.13

                         Consolidated:

                         Standard
                         –26.14
                         –16.43
                         –19.98

                         Extended
                         –31.10
                         –21.63
                         –25.26

                         Graduated
                         –30.34
                         –20.16
                         –24.14

                         IDR
                         32.45
                         33.79
                         31.28

             Direct Loan Repayment Options (gross volumes in millions of dollars)

                         Volumes by Repayment Option
                         2014 actual1
                         2015 est.
                         2016 est.

                         Stafford:

                         Standard
                         $23,006
                         $22,989
                         $23,523

                         Extended
                         273
                         273
                         280

                         Graduated
                         2,849
                         2,847
                         2,913

                         IDR2
                         3,778
                         3,776
                         3,863

                         Unsubsidized Stafford:

                         Standard
                         42,977
                         44,114
                         46,773

                         Extended
                         1,739
                         1,785
                         1,892

                         Graduated
                         6,927
                         7,110
                         7,539

                         IDR
                         11,809
                         12,121
                         12,852

                         PLUS:

                         Standard
                         13,627
                         14,350
                         15,177

                         Extended
                         1,070
                         1,127
                         1,192

                         Graduated
                         2,405
                         2,533
                         2,679

                         IDR
                         2,999
                         3,158
                         3,340

                         Consolidated:

                         Standard
                         6,980
                         5,247
                         5,477

                         Extended
                         861
                         640
                         672

                         Graduated
                         1,793
                         1,341
                         1,403

                         IDR
                         25,146
                         19,523
                         20,440

             12014 rates are current; these include actual executed rates for 2014 and the effect of re-estimates on those rates.2All income-driven plans are included in the IDR category

             Federal Direct Student Loan Program Account

             (Legislative proposal, subject to PAYGO)Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 091–0243–4–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct loan subsidy (in percent):

                      132001
                      Stafford
                      0.00
                      0.00
                      -.27

                      132002
                      Unsubsidized Stafford
                      0.00
                      0.00
                      -.38

                      132003
                      PLUS
                      0.00
                      0.00
                      -.18

                      132004
                      Consolidation
                      0.00
                      0.00
                      -.35

                      132999
                      Weighted average subsidy rate
                      0.00
                      0.00
                      -.32

                      Direct loan subsidy budget authority:

                      133001
                      Stafford

                      –83

                      133002
                      Unsubsidized Stafford

                      –262

                      133003
                      PLUS

                      –40

                      133004
                      Consolidation

                      –98

                      133999
                      Total subsidy budget authority

                      –483

                      Direct loan subsidy outlays:

                      134001
                      Stafford

                      –52

                      134002
                      Unsubsidized Stafford

                      –165

                      134003
                      PLUS

                      –25

                      134004
                      Consolidation

                      –97

                      134005
                      Federal Direct Student Loans

                      –804

                      134999
                      Total subsidy outlays

                      –1,143

             Federal Direct Student Loan Program Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4253–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0301
                      Consolidation loans-Payment of Orig. Services
                      42
                      38
                      38

                      0401
                      Payment of contract collection costs
                      958
                      995
                      1,120

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      148,659
                      142,932
                      150,015

                      0713
                      Payment of interest to Treasury
                      25,152
                      34,016
                      37,645

                      0740
                      Negative subsidy obligations
                      22,509
                      5,502
                      12,725

                      0742
                      Downward reestimate paid to receipt account
                      8,956
                      168

                      0743
                      Interest on downward reestimates
                      505
                      67

                      0791
                      Direct program activities, subtotal
                      205,781
                      182,685
                      200,385

                      0900
                      Total new obligations
                      206,781
                      183,718
                      201,543

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      3,351
                      4,622

                      1021
                      Recoveries of prior year unpaid obligations
                      25,397
                      27,936
                      30,730

                      1023
                      Unobligated balances applied to repay debt
                      –11,910
                      –4,622

                      1024
                      Unobligated balance of borrowing authority withdrawn
                      –16,137
                      –27,936
                      –30,730

                      1050
                      Unobligated balance (total)
                      701

                      Financing authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      904

                      1260
                      Appropriations, mandatory (total)

                      904

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      180,673
                      148,943
                      162,740

                      1440
                      Borrowing authority, mandatory (total)
                      180,673
                      148,943
                      162,740

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      68,701
                      90,451
                      70,189

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund

                      –275

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –38,672
                      –56,305
                      –31,386

                      1850
                      Spending auth from offsetting collections, mand (total)
                      30,029
                      33,871
                      38,803

                      1900
                      Financing authority (total)
                      210,702
                      183,718
                      201,543

                      1930
                      Total budgetary resources available
                      211,403
                      183,718
                      201,543

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      4,622

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      87,616
                      77,327
                      61,600

                      3010
                      Obligations incurred, unexpired accounts
                      206,781
                      183,718
                      201,543

                      3020
                      Financing disbursements (gross)
                      –191,673
                      –171,509
                      –183,501

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –25,397
                      –27,936
                      –30,730

                      3050
                      Unpaid obligations, end of year
                      77,327
                      61,600
                      48,912

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      87,616
                      77,327
                      61,600

                      3200
                      Obligated balance, end of year
                      77,327
                      61,600
                      48,912

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      210,702
                      183,718
                      201,543

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      191,673
                      171,509
                      183,501

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward reestimate
                      –14,693
                      –19,224

                      4120
                      Upward reestimate, interest
                      –1,561
                      –2,853

                      4120
                      Upward Modification

                      –9,307

                      4122
                      Interest on uninvested funds
                      –3,670

                      4123
                      Repayment of principal, Stafford
                      –9,222
                      –10,001
                      –11,680

                      4123
                      Interest received on loans, Stafford
                      –1,728
                      –2,116
                      –2,453

                      4123
                      Origination Fees, Stafford
                      –269
                      –281
                      –273

                      4123
                      Other fees, Stafford
                      –29

                      4123
                      Repayment of principal, Unsubsidized Stafford
                      –14,088
                      –15,235
                      –19,369

                      4123
                      Interest received on loans, Unsubsidized Stafford
                      –3,268
                      –4,111
                      –5,218

                      4123
                      Origination Fees, Unsubsidized Stafford
                      –569
                      –607
                      –612

                      4123
                      Other fees, Unsubsidized Stafford
                      –25

                      4123
                      Repayment of principal, PLUS
                      –6,328
                      –8,305
                      –10,183

                      4123
                      Interest received on loans, PLUS
                      –1,974
                      –3,169
                      –3,667

                      4123
                      Origination Fees, PLUS
                      –784
                      –845
                      –853

                      4123
                      Other fees, PLUS
                      –9

                      4123
                      Payment of principal, Consolidation
                      –6,646
                      –10,298
                      –11,401

                      4123
                      Interest received on loans, Consolidation
                      –3,794
                      –4,099
                      –4,480

                      4123
                      Other fees, Consolidation
                      –44

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –68,701
                      –90,451
                      –70,189

                      4160
                      Financing authority, net (mandatory)
                      142,001
                      93,267
                      131,354

                      4170
                      Financing disbursements, net (mandatory)
                      122,972
                      81,058
                      113,312

                      4180
                      Financing authority, net (total)
                      142,001
                      93,267
                      131,354

                      4190
                      Financing disbursements, net (total)
                      122,972
                      81,058
                      113,312

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4253–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      STAFFORD

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      29,789
                      29,885
                      30,579

                      1150
                      Total direct loan obligations
                      29,789
                      29,885
                      30,579

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      152,712
                      172,747
                      188,981

                      1231
                      Disbursements: Direct loan disbursements
                      26,198
                      26,175
                      26,786

                      1251
                      Repayments: Repayments and prepayments
                      –9,222
                      –10,001
                      –11,680

                      1261
                      Adjustments: Capitalized interest
                      2,358
                      274
                      196

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)
                      701
                      –214
                      –252

                      1290
                      Outstanding, end of year
                      172,747
                      188,981
                      204,031

                      UNSUBSIDIZED STAFFORD

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      62,916
                      65,130
                      69,057

                      1150
                      Total direct loan obligations
                      62,916
                      65,130
                      69,057

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      203,781
                      248,674
                      296,799

                      1231
                      Disbursements: Direct loan disbursements
                      54,899
                      56,560
                      59,976

                      1251
                      Repayments: Repayments and prepayments
                      –14,088
                      –15,235
                      –19,369

                      1261
                      Adjustments: Capitalized interest
                      3,147
                      7,058
                      7,736

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)
                      935
                      –258
                      –319

                      1290
                      Outstanding, end of year
                      248,674
                      296,799
                      344,823

                      PLUS

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      20,140
                      21,167
                      22,388

                      1150
                      Total direct loan obligations
                      20,140
                      21,167
                      22,388

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      65,205
                      78,614
                      91,152

                      1231
                      Disbursements: Direct loan disbursements
                      18,430
                      19,689
                      20,824

                      1251
                      Repayments: Repayments and prepayments
                      –6,328
                      –8,305
                      –10,183

                      1261
                      Adjustments: Capitalized interest
                      1,007
                      1,279
                      1,387

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)
                      300
                      –125
                      –144

                      1290
                      Outstanding, end of year
                      78,614
                      91,152
                      103,036

                      CONSOLIDATION

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      35,814
                      26,750
                      27,991

                      1150
                      Total direct loan obligations
                      35,814
                      26,750
                      27,991

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      162,830
                      193,971
                      209,669

                      1231
                      Disbursements: Direct loan disbursements
                      34,524
                      26,626
                      27,801

                      1251
                      Repayments: Repayments and prepayments
                      –6,646
                      –10,298
                      –11,401

                      1261
                      Adjustments: Capitalized interest
                      2,514
                      7
                      5

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)
                      749
                      –637
                      –699

                      1290
                      Outstanding, end of year
                      193,971
                      209,669
                      225,375

          Balance Sheet (in millions of dollars)

                      Identification code 091–4253–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      23,771
                      21,445

                      Investments in US securities:

                      1106
                      Receivables, net
                      1,129
                      22,443

                      1206
                      Non-Federal assets: Receivables, net
                      18
                      142

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      584,528
                      694,006

                      1402
                      Interest receivable
                      29,332
                      37,151

                      1405
                      Allowance for subsidy cost (-)
                      65,247
                      47,359

                      1499
                      Net present value of assets related to direct loans
                      679,107
                      778,516

                      1999
                      Total assets
                      704,025
                      822,546

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable
                      2,109
                      128

                      2103
                      Debt
                      698,361
                      819,007

                      2201
                      Non-Federal liabilities: Accounts payable
                      3,555
                      3,411

                      2999
                      Total liabilities
                      704,025
                      822,546

                      4999
                      Total liabilities and net position
                      704,025
                      822,546

             Federal Direct Student Loan Program Financing Account

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–4253–4–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0401
                      Payment of contract collection costs

                      –4

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury

                      23

                      0740
                      Negative subsidy obligations

                      483

                      0741
                      Modification savings

                      804

                      0791
                      Direct program activities, subtotal

                      1,310

                      0900
                      Total new obligations

                      1,306

                      Budgetary resources:

                      Financing authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      44

                      1260
                      Appropriations, mandatory (total)

                      44

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority

                      1,317

                      1440
                      Borrowing authority, mandatory (total)

                      1,317

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected

                      –246

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund

                      –29

                      1825
                      Spending authority from offsetting collections applied to repay debt

                      220

                      1850
                      Spending auth from offsetting collections, mand (total)

                      –55

                      1900
                      Financing authority (total)

                      1,306

                      1930
                      Total budgetary resources available

                      1,306

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      1,306

                      3020
                      Outlays (gross)

                      –1,161

                      3050
                      Unpaid obligations, end of year

                      145

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      145

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      1,306

                      Financing disbursements:

                      4110
                      Financing disbursements, gross

                      1,161

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4123
                      Repayment of principal, Stafford

                      43

                      4123
                      Interest received on loans, Stafford

                      9

                      4123
                      Repayment of principal, Unsubsidized Stafford

                      54

                      4123
                      Interest received on loans, Unsubsidized Stafford

                      17

                      4123
                      Repayment of principal, PLUS

                      30

                      4123
                      Interest received on loans, PLUS

                      10

                      4123
                      Payment of principal, Consolidation

                      63

                      4123
                      Interest received on loans, Consolidation

                      20

                      4130
                      Offsets against gross financing auth and disbursements (total)

                      246

                      4160
                      Financing authority, net (mandatory)

                      1,552

                      4170
                      Financing disbursements, net (mandatory)

                      1,407

                      4180
                      Financing authority, net (total)

                      1,552

                      4190
                      Financing disbursements, net (total)

                      1,407

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4253–4–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      STAFFORD

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year

                      1251
                      Repayments: Repayments and prepayments

                      43

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)

                      1

                      1290
                      Outstanding, end of year

                      44

                      UNSUBSIDIZED STAFFORD

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year

                      1251
                      Repayments: Repayments and prepayments

                      54

                      1261
                      Adjustments: Capitalized interest

                      –10

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)

                      1

                      1290
                      Outstanding, end of year

                      45

                      PLUS

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year

                      1251
                      Repayments: Repayments and prepayments

                      30

                      1261
                      Adjustments: Capitalized interest

                      –2

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)

                      1

                      1290
                      Outstanding, end of year

                      29

                      CONSOLIDATION

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year

                      1251
                      Repayments: Repayments and prepayments

                      63

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)

                      3

                      1290
                      Outstanding, end of year

                      66

             Federal Family Education Loan Program Account

             Program and Financing (in millions of dollars)

                      Identification code 091–0231–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0705
                      Reestimates of direct loan subsidy
                      730
                      265

                      0706
                      Interest on reestimates of direct loan subsidy
                      103
                      43

                      0707
                      Reestimates of loan guarantee subsidy
                      997
                      498

                      0708
                      Interest on reestimates of loan guarantee subsidy
                      439
                      556

                      0900
                      Total new obligations (object class 41.0)
                      2,269
                      1,362

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      2,269
                      1,362

                      1260
                      Appropriations, mandatory (total)
                      2,269
                      1,362

                      1930
                      Total budgetary resources available
                      2,269
                      1,362

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts
                      2,269
                      1,362

                      3020
                      Outlays (gross)
                      –2,269
                      –1,362

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      2,269
                      1,362

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      2,269
                      1,362

                      4180
                      Budget authority, net (total)
                      2,269
                      1,362

                      4190
                      Outlays, net (total)
                      2,269
                      1,362

          Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 091–0231–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct loan reestimates:

                      135010
                      Direct Participation Agreement Reestimates
                      –380
                      –1,517

                      135012
                      Direct Standard Put Reestimates
                      –553
                      –731

                      135020
                      FFB Conduit Liquidity Guarantee
                      –203

                      135999
                      Total direct loan reestimates
                      –1,136
                      –2,248

                      Guaranteed loan subsidy outlays:

                      234006
                      FFEL Guarantees
                      –4,020

                      234999
                      Total subsidy outlays
                      –4,020

                      Guaranteed loan reestimates:

                      235006
                      FFEL Guarantees
                      –521
                      –1,046

                      235999
                      Total guaranteed loan reestimates
                      –521
                      –1,046

             As required by the Federal Credit Reform Act of 1990, this program account records the subsidy costs associated with Federal
                Family Education Loans (FFEL), formerly guaranteed student loans (GSL), committed in 1992 and beyond. Beginning with the 1993
                cohort of loans, mandatory administrative costs, specifically contract collection costs, are included in the FFEL subsidy
                estimates of each year's cohort. Subsidy amounts are estimated on a net present value basis.

             A description of the FFEL program and accompanying tables are included under the Federal Direct Student Loan program account.

             Federal Family Education Loan Program Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4251–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0101
                      Default claims
                      2,208
                      1,423
                      752

                      0102
                      Special allowance
                      22
                      21
                      27

                      0103
                      Interest benefits
                      557
                      266
                      185

                      0104
                      Death, disability, and bankruptcy claims
                      297
                      83
                      67

                      0105
                      Teacher loan forgiveness, other write-offs
                      36
                      74
                      45

                      0107
                      Contract collection costs
                      15
                      20
                      22

                      0110
                      Guaranty Agency account maintenance fees
                      25
                      23
                      19

                      0191
                      Subtotal, Stafford loans
                      3,160
                      1,910
                      1,117

                      0202
                      Default claims
                      2,366
                      1,450
                      781

                      0203
                      Special allowance
                      21
                      25
                      34

                      0204
                      Death, disability, and bankruptcy claims
                      452
                      86
                      69

                      0205
                      Teacher loan forgiveness, other write-offs
                      35
                      60
                      37

                      0207
                      Contract collection costs
                      11
                      13
                      15

                      0210
                      Guaranty Agency account maintenance fees
                      28
                      20
                      17

                      0291
                      Subtotal, Unsubsidized Stafford loans
                      2,913
                      1,654
                      953

                      0301
                      Default claims
                      276
                      181
                      124

                      0304
                      Death, disability, and bankruptcy claims
                      92
                      30
                      24

                      0307
                      Contract Collection Costs
                      2
                      2
                      2

                      0310
                      Guaranty Agency account maintenance fees
                      6
                      6
                      3

                      0391
                      Subtotal, PLUS loans
                      376
                      219
                      153

                      0403
                      Default claims
                      9

                      0405
                      Death, disability, and bankruptcy claims
                      52

                      0407
                      Contract collection costs

                      1
                      1

                      0491
                      Subtotal, SLS loans
                      61
                      1
                      1

                      0501
                      Default claims
                      4,599
                      4,601
                      3,237

                      0502
                      Special allowance

                      86
                      325

                      0503
                      Interest benefits
                      496
                      131
                      97

                      0504
                      Death, disability, and bankruptcy claims
                      1,046
                      899
                      967

                      0505
                      Teacher loan forgiveness, other write-offs
                      59

                      0507
                      Contract collection costs
                      25
                      21
                      26

                      0510
                      Guaranty Agency account maintenance fees
                      109
                      129
                      122

                      0591
                      Subtotal, Consolidations loans
                      6,334
                      5,867
                      4,774

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      2,083
                      81

                      0741
                      Modification savings
                      4,020

                      0742
                      Downward reestimate paid to receipt account
                      1,100
                      1,367

                      0743
                      Interest on downward reestimates
                      857
                      733

                      0791
                      Direct program activities, subtotal
                      8,060
                      2,181

                      0900
                      Total new obligations
                      20,904
                      11,832
                      6,998

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      7,176
                      4,422
                      7,478

                      1021
                      Recoveries of prior year unpaid obligations
                      603

                      1050
                      Unobligated balance (total)
                      7,779
                      4,422
                      7,478

                      Financing authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      581

                      1260
                      Appropriations, mandatory (total)
                      581

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      16,966
                      14,888
                      11,881

                      1850
                      Spending auth from offsetting collections, mand (total)
                      16,966
                      14,888
                      11,881

                      1900
                      Financing authority (total)
                      17,547
                      14,888
                      11,881

                      1930
                      Total budgetary resources available
                      25,326
                      19,310
                      19,359

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      4,422
                      7,478
                      12,361

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,800
                      1,966
                      1,967

                      3010
                      Obligations incurred, unexpired accounts
                      20,904
                      11,832
                      6,998

                      3020
                      Financing disbursements (gross)
                      –20,135
                      –11,831
                      –6,997

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –603

                      3050
                      Unpaid obligations, end of year
                      1,966
                      1,967
                      1,968

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,800
                      1,966
                      1,967

                      3200
                      Obligated balance, end of year
                      1,966
                      1,967
                      1,968

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      17,547
                      14,888
                      11,881

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      20,135
                      11,831
                      6,997

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward reestimate
                      –997
                      –498

                      4120
                      Interest on upward reestimate
                      –439
                      –556

                      4122
                      Interest on uninvested funds
                      –240

                      –112

                      4123
                      Stafford recoveries on defaults
                      –2,454
                      –2,592
                      –2,341

                      4123
                      Stafford other fees
                      –100

                      4123
                      Stafford special allowance rebate
                      –1,124
                      –705
                      –394

                      4123
                      Unsubsidized Stafford recoveries on default
                      –1,666
                      –2,388
                      –2,185

                      4123
                      Unsubsidized Stafford other fees
                      –68

                      4123
                      Unsubsidized Stafford special allowance rebate
                      –1,374
                      –1,041
                      –626

                      4123
                      PLUS recoveries on defaults
                      –278
                      –255
                      –239

                      4123
                      PLUS other fees
                      –11

                      4123
                      PLUS special allowance rebate
                      –470
                      –295
                      –163

                      4123
                      SLS recoveries on defaults
                      –17
                      –12
                      –10

                      4123
                      SLS other fees
                      –1

                      4123
                      Consolidation recoveries on defaults
                      –3,902
                      –4,041
                      –4,133

                      4123
                      Consolidation loan holders fee
                      –1,818
                      –1,118
                      –942

                      4123
                      Consolidation other fees
                      –160

                      4123
                      Consolidation special allowance rebate
                      –1,847
                      –1,387
                      –736

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –16,966
                      –14,888
                      –11,881

                      4160
                      Financing authority, net (mandatory)
                      581

                      4170
                      Financing disbursements, net (mandatory)
                      3,169
                      –3,057
                      –4,884

                      4180
                      Financing authority, net (total)
                      581

                      4190
                      Financing disbursements, net (total)
                      3,169
                      –3,057
                      –4,884

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 091–4251–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      STAFFORD

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      39,804
                      34,741
                      29,369

                      2251
                      Repayments and prepayments
                      –3,151
                      –3,648
                      –2,940

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –2,505
                      –1,568
                      –1,118

                      2263
                      Terminations for default that result in claim payments
                      –297
                      –83
                      –67

                      2264
                      Other adjustments, net
                      890
                      –73
                      –44

                      2290
                      Outstanding, end of year
                      34,741
                      29,369
                      25,200

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      33,004
                      27,901
                      23,940

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      6,749
                      6,734
                      5,474

                      2331
                      Disbursements for guaranteed loan claims
                      2,505
                      1,568
                      1,118

                      2351
                      Repayments of loans receivable
                      –2,034
                      –2,592
                      –2,341

                      2361
                      Write-offs of loans receivable
                      –297
                      –236
                      –175

                      2364
                      Other adjustments, net
                      –189

                      2390
                      Outstanding, end of year
                      6,734
                      5,474
                      4,076

                      UNSUBSIDIZED STAFFORD

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      44,313
                      39,711
                      33,221

                      2251
                      Repayments and prepayments
                      –3,508
                      –4,729
                      –3,768

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –2,818
                      –1,615
                      –897

                      2263
                      Terminations for default that result in claim payments
                      –452
                      –86
                      –69

                      2264
                      Other adjustments, net
                      2,176
                      –60
                      –37

                      2290
                      Outstanding, end of year
                      39,711
                      33,221
                      28,450

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      37,726
                      31,560
                      27,027

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      9,219
                      9,926
                      8,765

                      2331
                      Disbursements for guaranteed loan claims
                      2,818
                      1,615
                      897

                      2351
                      Repayments of loans receivable
                      –1,381
                      –2,388
                      –2,185

                      2361
                      Write-offs of loans receivable
                      –452
                      –388
                      –318

                      2364
                      Other adjustments, net
                      –278

                      2390
                      Outstanding, end of year
                      9,926
                      8,765
                      7,159

                      PLUS

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      9,265
                      7,947
                      6,301

                      2251
                      Repayments and prepayments
                      –733
                      –1,417
                      –818

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –368
                      –198
                      –175

                      2263
                      Terminations for default that result in claim payments
                      –92
                      –31
                      –25

                      2264
                      Other adjustments, net
                      –125

                      2290
                      Outstanding, end of year
                      7,947
                      6,301
                      5,283

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      7,550
                      5,986
                      5,019

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      620
                      647
                      519

                      2331
                      Disbursements for guaranteed loan claims
                      368
                      198
                      175

                      2351
                      Repayments of loans receivable
                      –231
                      –255
                      –239

                      2361
                      Write-offs of loans receivable
                      –92
                      –71
                      –55

                      2364
                      Other adjustments, net
                      –18

                      2390
                      Outstanding, end of year
                      647
                      519
                      400

                      SLS

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      71
                      64
                      61

                      2251
                      Repayments and prepayments
                      –6
                      –1
                      –1

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –62
                      –2

                      2263
                      Terminations for default that result in claim payments
                      –52

                      2264
                      Other adjustments, net
                      113

                      2290
                      Outstanding, end of year
                      64
                      61
                      60

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      61
                      58
                      57

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      291
                      278
                      226

                      2331
                      Disbursements for guaranteed loan claims
                      62
                      2

                      2351
                      Repayments of loans receivable
                      –14
                      –12
                      –10

                      2361
                      Write-offs of loans receivable
                      –52
                      –42
                      –33

                      2364
                      Other adjustments, net
                      –9

                      2390
                      Outstanding, end of year
                      278
                      226
                      183

                      CONSOLIDATION

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      169,933
                      158,546
                      142,026

                      2251
                      Repayments and prepayments
                      –13,451
                      –10,940
                      –10,006

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –5,645
                      –4,681
                      –3,501

                      2263
                      Terminations for default that result in claim payments
                      –1,046
                      –899
                      –967

                      2264
                      Other adjustments, net
                      8,755

                      2290
                      Outstanding, end of year
                      158,546
                      142,026
                      127,552

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      150,619
                      134,925
                      121,174

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      15,770
                      16,666
                      16,311

                      2331
                      Disbursements for guaranteed loan claims
                      5,645
                      4,681
                      3,501

                      2351
                      Repayments of loans receivable
                      –3,234
                      –4,041
                      –4,134

                      2361
                      Write-offs of loans receivable
                      –1,046
                      –995
                      –902

                      2364
                      Other adjustments, net
                      –469

                      2390
                      Outstanding, end of year
                      16,666
                      16,311
                      14,776

          Balance Sheet (in millions of dollars)

                      Identification code 091–4251–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      8,602
                      6,014

                      Investments in US securities:

                      1106
                      Receivables, net
                      1,665
                      926

                      1206
                      Non-Federal assets: Receivables, net
                      49
                      66

                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:

                      1501
                      Defaulted guaranteed loans receivable, gross
                      32,649
                      34,251

                      1502
                      Interest receivable
                      4,849
                      5,273

                      1505
                      Allowance for subsidy cost (-)
                      –2,354
                      –1,555

                      1599
                      Net present value of assets related to defaulted guaranteed loans
                      35,144
                      37,969

                      1999
                      Total assets
                      45,460
                      44,975

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable
                      2,135
                      1,484

                      2103
                      Debt
                      43,254
                      43,254

                      2201
                      Non-Federal liabilities: Accounts payable
                      71
                      237

                      2999
                      Total liabilities
                      45,460
                      44,975

                      4999
                      Total liabilities and net position
                      45,460
                      44,975

             Temporary Student Loan Purchase Authority Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4453–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0006
                      Contract collection costs
                      72
                      181
                      166

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      2,102
                      2,796
                      2,736

                      0742
                      Downward reestimate paid to receipt account
                      676
                      1,524

                      0743
                      Interest on downward reestimates
                      114
                      301

                      0791
                      Direct program activities, subtotal
                      2,892
                      4,621
                      2,736

                      0900
                      Total new obligations
                      2,964
                      4,802
                      2,902

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      165
                      257
                      257

                      1023
                      Unobligated balances applied to repay debt
                      –165

                      1050
                      Unobligated balance (total)

                      257
                      257

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      790
                      1,825

                      1440
                      Borrowing authority, mandatory (total)
                      790
                      1,825

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      6,771
                      6,450
                      6,308

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –4,340
                      –3,473
                      –3,407

                      1850
                      Spending auth from offsetting collections, mand (total)
                      2,431
                      2,977
                      2,901

                      1900
                      Financing authority (total)
                      3,221
                      4,802
                      2,901

                      1930
                      Total budgetary resources available
                      3,221
                      5,059
                      3,158

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      257
                      257
                      256

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      688
                      691
                      691

                      3010
                      Obligations incurred, unexpired accounts
                      2,964
                      4,802
                      2,902

                      3020
                      Financing disbursements (gross)
                      –2,961
                      –4,802
                      –2,901

                      3050
                      Unpaid obligations, end of year
                      691
                      691
                      692

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      688
                      691
                      691

                      3200
                      Obligated balance, end of year
                      691
                      691
                      692

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      3,221
                      4,802
                      2,901

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      2,961
                      4,802
                      2,901

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward reestimate
                      –364
                      –265

                      4120
                      Upward reestimate interest
                      –46
                      –43

                      4122
                      Interest on uninvested funds
                      –119

                      4123
                      Principal repayments
                      –4,989
                      –4,653
                      –4,859

                      4123
                      Interest repayments
                      –1,235
                      –1,489
                      –1,449

                      4123
                      Fees and other refunds
                      –18

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –6,771
                      –6,450
                      –6,308

                      4160
                      Financing authority, net (mandatory)
                      –3,550
                      –1,648
                      –3,407

                      4170
                      Financing disbursements, net (mandatory)
                      –3,810
                      –1,648
                      –3,407

                      4180
                      Financing authority, net (total)
                      –3,550
                      –1,648
                      –3,407

                      4190
                      Financing disbursements, net (total)
                      –3,810
                      –1,648
                      –3,407

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4453–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      56,041
                      52,782
                      48,368

                      1251
                      Repayments: Repayments and prepayments
                      –4,989
                      –4,653
                      –4,859

                      1261
                      Adjustments: Capitalized interest

                      349
                      199

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)
                      1,730
                      –110
                      –120

                      1290
                      Outstanding, end of year
                      52,782
                      48,368
                      43,588

          Balance Sheet (in millions of dollars)

                      Identification code 091–4453–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      853
                      947

                      Investments in US securities:

                      1106
                      Receivables, net
                      410
                      352

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      56,041
                      52,782

                      1402
                      Interest receivable
                      3,298
                      3,358

                      1405
                      Allowance for subsidy cost (-)
                      8,208
                      8,373

                      1499
                      Net present value of assets related to direct loans
                      67,547
                      64,513

                      1999
                      Total assets
                      68,810
                      65,812

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable
                      790
                      1,504

                      2103
                      Debt
                      68,017
                      64,302

                      2201
                      Non-Federal liabilities: Accounts payable
                      3
                      6

                      2999
                      Total liabilities
                      68,810
                      65,812

                      4999
                      Total liabilities and net position
                      68,810
                      65,812

             Student Loan Acquisition Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4449–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0005
                      Contract collection costs
                      51
                      110
                      101

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      1,163
                      1,640
                      1,597

                      0742
                      Downward reestimate paid to receipt account
                      841
                      612

                      0743
                      Interest on downward reestimates
                      134
                      120

                      0791
                      Direct program activities, subtotal
                      2,138
                      2,372
                      1,597

                      0900
                      Total new obligations
                      2,189
                      2,482
                      1,698

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      367
                      478

                      1023
                      Unobligated balances applied to repay debt
                      –367
                      –478

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      976
                      731

                      1440
                      Borrowing authority, mandatory (total)
                      976
                      731

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      4,627
                      3,766
                      3,921

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –2,936
                      –2,015
                      –2,223

                      1850
                      Spending auth from offsetting collections, mand (total)
                      1,691
                      1,751
                      1,698

                      1900
                      Financing authority (total)
                      2,667
                      2,482
                      1,698

                      1930
                      Total budgetary resources available
                      2,667
                      2,482
                      1,698

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      478

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      13
                      14
                      14

                      3010
                      Obligations incurred, unexpired accounts
                      2,189
                      2,482
                      1,698

                      3020
                      Financing disbursements (gross)
                      –2,188
                      –2,482
                      –1,698

                      3050
                      Unpaid obligations, end of year
                      14
                      14
                      14

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      13
                      14
                      14

                      3200
                      Obligated balance, end of year
                      14
                      14
                      14

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      2,667
                      2,482
                      1,698

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      2,188
                      2,482
                      1,698

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward reestimate
                      –366

                      4120
                      Upward reestimate interest
                      –57

                      4122
                      Interest on uninvested funds
                      –64

                      4123
                      Principal repayments
                      –3,324
                      –2,869
                      –3,046

                      4123
                      Borrower interest repayments
                      –803
                      –897
                      –875

                      4123
                      Fees and other refunds
                      –13

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –4,627
                      –3,766
                      –3,921

                      4160
                      Financing authority, net (mandatory)
                      –1,960
                      –1,284
                      –2,223

                      4170
                      Financing disbursements, net (mandatory)
                      –2,439
                      –1,284
                      –2,223

                      4180
                      Financing authority, net (total)
                      –1,960
                      –1,284
                      –2,223

                      4190
                      Financing disbursements, net (total)
                      –2,439
                      –1,284
                      –2,223

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4449–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      31,899
                      29,401
                      26,704

                      1251
                      Repayments: Repayments and prepayments
                      –3,324
                      –2,869
                      –3,046

                      1261
                      Adjustments: Capitalized interest

                      244
                      140

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)
                      826
                      –72
                      –77

                      1290
                      Outstanding, end of year
                      29,401
                      26,704
                      23,721

          Balance Sheet (in millions of dollars)

                      Identification code 091–4449–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      210
                      322

                      Investments in US securities:

                      1106
                      Receivables, net
                      423

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      31,899
                      29,401

                      1402
                      Interest receivable
                      1,858
                      1,927

                      1405
                      Allowance for subsidy cost (-)
                      5,189
                      5,228

                      1499
                      Net present value of assets related to direct loans
                      38,946
                      36,556

                      1999
                      Total assets
                      39,579
                      36,878

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable
                      976
                      601

                      2103
                      Debt
                      38,600
                      36,273

                      2201
                      Non-Federal liabilities: Accounts payable
                      3
                      4

                      2999
                      Total liabilities
                      39,579
                      36,878

                      4999
                      Total liabilities and net position
                      39,579
                      36,878

             Temporary Student Loan Purchase Authority Conduit Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4459–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0003
                      Contract collection costs
                      40
                      37
                      28

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      75
                      60
                      49

                      0742
                      Downward reestimate paid to receipt account
                      175

                      0743
                      Interest on downward reestimates
                      28

                      0791
                      Direct program activities, subtotal
                      278
                      60
                      49

                      0900
                      Total new obligations
                      318
                      97
                      77

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      13
                      11

                      1021
                      Recoveries of prior year unpaid obligations
                      71,254

                      1023
                      Unobligated balances applied to repay debt
                      –638
                      –11

                      1024
                      Unobligated balance of borrowing authority withdrawn
                      –70,629

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      203

                      1440
                      Borrowing authority, mandatory (total)
                      203

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      261
                      456
                      359

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –135
                      –359
                      –282

                      1850
                      Spending auth from offsetting collections, mand (total)
                      126
                      97
                      77

                      1900
                      Budget authority (total)
                      329
                      97
                      77

                      1930
                      Total budgetary resources available
                      329
                      97
                      77

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      11

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      71,297
                      42
                      42

                      3010
                      Obligations incurred, unexpired accounts
                      318
                      97
                      77

                      3020
                      Financing disbursements (gross)
                      –319
                      –97
                      –77

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –71,254

                      3050
                      Unpaid obligations, end of year
                      42
                      42
                      42

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      71,297
                      42
                      42

                      3200
                      Obligated balance, end of year
                      42
                      42
                      42

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      329
                      97
                      77

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      319
                      97
                      77

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4122
                      Interest on uninvested funds
                      –14

                      4123
                      Direct Conduit Fees
                      –9

                      4123
                      Principal repayments
                      –180
                      –385
                      –304

                      4123
                      Interest repayments
                      –58
                      –71
                      –55

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –261
                      –456
                      –359

                      4160
                      Financing authority, net (mandatory)
                      68
                      –359
                      –282

                      4170
                      Financing disbursements, net (mandatory)
                      58
                      –359
                      –282

                      4180
                      Financing authority, net (total)
                      68
                      –359
                      –282

                      4190
                      Financing disbursements, net (total)
                      58
                      –359
                      –282

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4459–0–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      2,208
                      2,036
                      1,643

                      1232
                      Disbursements: Purchase of loans assets from the public
                      4

                      1251
                      Repayments: Repayments and prepayments
                      –180
                      –385
                      –304

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)
                      4
                      –8
                      –5

                      1290
                      Outstanding, end of year
                      2,036
                      1,643
                      1,334

          Balance Sheet (in millions of dollars)

                      Identification code 091–4459–0–3–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      681
                      52

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      2,208
                      2,036

                      1402
                      Interest receivable
                      193
                      218

                      1405
                      Allowance for subsidy cost (-)
                      –537
                      –332

                      1499
                      Net present value of assets related to direct loans
                      1,864
                      1,922

                      1999
                      Total assets
                      2,545
                      1,974

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt
                      2,542
                      1,972

                      2201
                      Non-Federal liabilities: Accounts payable
                      3
                      2

                      2999
                      Total liabilities
                      2,545
                      1,974

                      4999
                      Total liabilities and net position
                      2,545
                      1,974

             Federal Family Education Loan Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 091–0230–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0101
                      Interest benefits, net of origination fees
                      3
                      3
                      3

                      0103
                      Default claims
                      45
                      35
                      29

                      0104
                      Death, disability, and bankruptcy claims
                      16
                      12
                      11

                      0105
                      Contract collection costs
                      33
                      26
                      22

                      0191
                      Subtotal, Stafford loans
                      97
                      76
                      65

                      0201
                      Default claims
                      6
                      6
                      5

                      0202
                      Death, disability, and bankruptcy claims
                      2
                      5
                      4

                      0205
                      Contract collection costs
                      4
                      5
                      4

                      0291
                      Subtotal, PLUS/SLS loans
                      12
                      16
                      13

                      0900
                      Total new obligations
                      109
                      92
                      78

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      113
                      109

                      1021
                      Recoveries of prior year unpaid obligations
                      6

                      1022
                      Capital transfer of unobligated balances to general fund
                      –119
                      –109

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      357
                      298
                      254

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund
                      –139
                      –206
                      –176

                      1850
                      Spending auth from offsetting collections, mand (total)
                      218
                      92
                      78

                      1900
                      Budget authority (total)
                      218
                      92
                      78

                      1930
                      Total budgetary resources available
                      218
                      92
                      78

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      109

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      35
                      39
                      39

                      3010
                      Obligations incurred, unexpired accounts
                      109
                      92
                      78

                      3020
                      Outlays (gross)
                      –99
                      –92
                      –78

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –6

                      3050
                      Unpaid obligations, end of year
                      39
                      39
                      39

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      35
                      39
                      39

                      3200
                      Obligated balance, end of year
                      39
                      39
                      39

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      218
                      92
                      78

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      99
                      55
                      78

                      4101
                      Outlays from mandatory balances

                      37

                      4110
                      Outlays, gross (total)
                      99
                      92
                      78

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Fed collections on defaulted loans, Stafford
                      –142
                      –82
                      –70

                      4123
                      Fed collections on bankruptcies, Stafford

                      –3
                      –3

                      4123
                      Offsets against Federal tax refunds, Stafford

                      –88
                      –75

                      4123
                      Reimbursements from guaranty agencies, Stafford
                      –162
                      –61
                      –52

                      4123
                      Other collections, Stafford
                      –16
                      –18
                      –15

                      4123
                      Federal collections on defaulted loans, PLUS/SLS
                      –17
                      –25
                      –21

                      4123
                      Federal collections on bankruptcies, PLUS/SLS

                      –1
                      –1

                      4123
                      Offsets against Federal tax refunds, PLUS/SLS

                      –7
                      –6

                      4123
                      Reimbursements from guaranty agencies, PLUS/SLS
                      –20
                      –13
                      –11

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –357
                      –298
                      –254

                      4160
                      Budget authority, net (mandatory)
                      –139
                      –206
                      –176

                      4170
                      Outlays, net (mandatory)
                      –258
                      –206
                      –176

                      4180
                      Budget authority, net (total)
                      –139
                      –206
                      –176

                      4190
                      Outlays, net (total)
                      –258
                      –206
                      –176

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 091–0230–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      STAFFORD LOANS

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      534
                      494
                      451

                      2251
                      Repayments and prepayments
                      –16
                      –13
                      –10

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –61
                      –19
                      –16

                      2263
                      Terminations for default that result in claim payments
                      –16
                      –12
                      –11

                      2264
                      Other adjustments, net
                      53
                      1

                      2290
                      Outstanding, end of year
                      494
                      451
                      414

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      469
                      428
                      394

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      4,356
                      4,063
                      3,930

                      2331
                      Disbursements for guaranteed loan claims
                      61
                      19
                      16

                      2351
                      Repayments of loans receivable
                      –191
                      –121
                      –103

                      2361
                      Write-offs of loans receivable
                      –16
                      –15
                      –15

                      2364
                      Other adjustments, net
                      –147
                      –16
                      –14

                      2390
                      Outstanding, end of year
                      4,063
                      3,930
                      3,814

                      PLUS/SLS LOANS

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      65
                      59
                      50

                      2251
                      Repayments and prepayments
                      –2
                      –2
                      –1

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –8
                      –2
                      –2

                      2263
                      Terminations for default that result in claim payments
                      –2
                      –5
                      –4

                      2264
                      Other adjustments, net
                      6

                      2290
                      Outstanding, end of year
                      59
                      50
                      43

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      56
                      48
                      41

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      684
                      644
                      621

                      2331
                      Disbursements for guaranteed loan claims
                      8
                      2
                      2

                      2351
                      Repayments of loans receivable
                      –23
                      –20
                      –17

                      2361
                      Write-offs of loans receivable
                      –2
                      –2
                      –2

                      2364
                      Other adjustments, net
                      –23
                      –3
                      –2

                      2390
                      Outstanding, end of year
                      644
                      621
                      602

          Balance Sheet (in millions of dollars)

                      Identification code 091–0230–0–1–502
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      148
                      148

                      1701
                      Defaulted guaranteed loans, gross
                      5,040
                      4,707

                      1702
                      Interest receivable
                      5,563
                      5,809

                      1703
                      Allowance for estimated uncollectible loans and interest (-)
                      –8,356
                      –8,586

                      1799
                      Value of assets related to loan guarantees
                      2,247
                      1,930

                      1999
                      Total assets
                      2,395
                      2,078

                      LIABILITIES:

                      2104
                      Federal liabilities: Resources payable to Treasury
                      2,375
                      2,050

                      Non-Federal liabilities:

                      2201
                      Accounts payable
                      5
                      1

                      2204
                      Liabilities for loan guarantees
                      15
                      27

                      2999
                      Total liabilities
                      2,395
                      2,078

                      4999
                      Total liabilities and net position
                      2,395
                      2,078

          Object Classification (in millions of dollars)

                      Identification code 091–0230–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      33.0
                      Investments and loans
                      87
                      72
                      60

                      41.0
                      Grants, subsidies, and contributions
                      3
                      3
                      3

                      42.0
                      Insurance claims and indemnities
                      19
                      17
                      15

                      99.9
                      Total new obligations
                      109
                      92
                      78

             Federal Perkins Loan Program Account

             Federal Perkins Loan Program Account

             (Legislative proposal, subject to PAYGO)Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 091–0217–4–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      Federal Perkins Loans

                      4,684

                      Direct loan subsidy (in percent):

                      132001
                      Federal Perkins Loans
                      0.00
                      0.00
                      –18.72

                      Direct loan subsidy budget authority:

                      133001
                      Federal Perkins Loans

                      –877

                      Direct loan subsidy outlays:

                      134001
                      Federal Perkins Loans

                      –418

             Federal Perkins Loan Financing Account

             Federal Perkins Loan Financing Account

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–4574–4–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0710
                      Direct loan obligations

                      4,684

                      0713
                      Payment of interest to Treasury

                      43

                      0740
                      Negative subsidy obligations

                      877

                      0900
                      Total new obligations

                      5,604

                      Budgetary resources:

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority

                      5,581

                      1440
                      Borrowing authority, mandatory (total)

                      5,581

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected

                      23

                      1850
                      Spending auth from offsetting collections, mand (total)

                      23

                      1900
                      Budget authority (total)

                      5,604

                      1930
                      Total budgetary resources available

                      5,604

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      5,604

                      3020
                      Outlays (gross)

                      –2,691

                      3050
                      Unpaid obligations, end of year

                      2,913

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      2,913

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      5,604

                      Financing disbursements:

                      4110
                      Outlays, gross (total)

                      2,691

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4123
                      Payment of principal

                      –1

                      4123
                      Origination fees

                      –22

                      4130
                      Offsets against gross budget authority and outlays (total)

                      –23

                      4160
                      Budget authority, net (mandatory)

                      5,581

                      4170
                      Outlays, net (mandatory)

                      2,668

                      4180
                      Budget authority, net (total)

                      5,581

                      4190
                      Outlays, net (total)

                      2,668

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4574–4–3–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority

                      4,684

                      1150
                      Total direct loan obligations

                      4,684

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year

                      1231
                      Disbursements: Direct loan disbursements

                      2,231

                      1251
                      Repayments: Repayments and prepayments

                      –1

                      1261
                      Adjustments: Capitalized interest

                      1264
                      Write-offs for default: Other adjustments, net (+ or -)

                      1290
                      Outstanding, end of year

                      2,230

             Perkins Loan Assets

             Program and Financing (in millions of dollars)

                      Identification code 091–0219–0–1–502
                      2014 actual
                      2015 est.
                      2016 est.

                      Budgetary resources:

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected

                      269

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund

                      –269

                      Budget authority and outlays, net:

                      Mandatory:

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources

                      –269

                      4180
                      Budget authority, net (total)

                      –269

                      4190
                      Outlays, net (total)

                      –269

              This account presents offsetting collections resulting from the scheduled end of the Federal Perkins loan program after 2015.

             Health Education Assistance Loans Program Account

             Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 091–0247–0–1–552
                      2014 actual
                      2015 est.
                      2016 est.

                      Guaranteed loan reestimates:

                      235001
                      HEAL Loan Guarantee

                      –19

             Consistent with the Consolidated Appropriations Act, 2014 (P.L. 113–76), the Health Education Assistance Loans (HEAL) program
                was transferred to the Department of Education from the Department of Health and Human Services in fiscal year 2014. The Department
                of Education assumed responsibility for the program and the authority to administer, service, collect, and enforce the program.
                In addition, the functions, assets, and liabilities of the Secretary of Health and Human Services that are associated with
                the HEAL program were permanently transferred to the Secretary of Education.

             The HEAL program guarantees loans from private lenders to health professions students to pay for the costs of their training.
                As required by the Federal Credit Reform Act of 1990, this account records the subsidy costs associated with HEAL loan guarantees
                committed in 1992 and beyond (including modifications of HEAL loan guarantees that resulted from obligations or commitments
                in any year), as well as administrative expenses of the program.

             Health Education Assistance Loans Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4300–0–3–552
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0711
                      Default claim payments on principal
                      1
                      12
                      12

                      0742
                      Downward reestimate paid to receipt account

                      8

                      0743
                      Interest on downward reestimates

                      10

                      0900
                      Total new obligations
                      1
                      30
                      12

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      69
                      45

                      1011
                      Unobligated balance transfer from other acct [075–4304]
                      62

                      1050
                      Unobligated balance (total)
                      62
                      69
                      45

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      3
                      6
                      6

                      1811
                      Spending authority from offsetting collections transferred from other accounts [075–4304]
                      5

                      1850
                      Spending auth from offsetting collections, mand (total)
                      8
                      6
                      6

                      1930
                      Total budgetary resources available
                      70
                      75
                      51

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      69
                      45
                      39

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      18

                      3010
                      Obligations incurred, unexpired accounts
                      1
                      30
                      12

                      3020
                      Financing disbursements (gross)
                      –1
                      –12
                      –12

                      3050
                      Unpaid obligations, end of year

                      18
                      18

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      18

                      3200
                      Obligated balance, end of year

                      18
                      18

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      8
                      6
                      6

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      1
                      12
                      12

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4122
                      Interest on uninvested funds
                      –1
                      –3
                      –3

                      4123
                      Non-Federal sources
                      –2
                      –3
                      –3

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –3
                      –6
                      –6

                      4160
                      Financing authority, net (mandatory)
                      5

                      4170
                      Financing disbursements, net (mandatory)
                      –2
                      6
                      6

                      4180
                      Financing authority, net (total)
                      5

                      4190
                      Financing disbursements, net (total)
                      –2
                      6
                      6

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 091–4300–0–3–552
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on commitments:

                      2143
                      Uncommitted limitation carried forward

                      2150
                      Total guaranteed loan commitments

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year

                      331
                      316

                      2251
                      Repayments and prepayments
                      –15
                      –3
                      –16

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –1
                      –9
                      –9

                      2263
                      Terminations for default that result in claim payments
                      –1
                      –3
                      –3

                      2264
                      Other adjustments, net
                      348

                      2290
                      Outstanding, end of year
                      331
                      316
                      288

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      309
                      281
                      281

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year

                      192
                      198

                      2331
                      Disbursements for guaranteed loan claims
                      1
                      9
                      9

                      2351
                      Repayments and prepayments
                      –1
                      –3
                      –3

                      2361
                      Write-offs of loans receivable

                      2364
                      Other adjustments, net
                      192

                      2390
                      Outstanding, end of year
                      192
                      198
                      204

             Health Education Assistance Loans Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 091–4299–0–3–552
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury

                      2
                      2

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      9

                      1022
                      Capital transfer of unobligated balances to general fund

                      –9

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      1
                      1

                      1221
                      Appropriations transferred from other acct [075–4305]
                      1

                      1260
                      Appropriations, mandatory (total)
                      1
                      1
                      1

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      2
                      10
                      10

                      1811
                      Spending authority from offsetting collections transferred from other accounts [075–4305]
                      6

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund

                      –9
                      –9

                      1850
                      Spending auth from offsetting collections, mand (total)
                      8
                      1
                      1

                      1900
                      Budget authority (total)
                      9
                      2
                      2

                      1930
                      Total budgetary resources available
                      9
                      2
                      2

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      9

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      2
                      2

                      3020
                      Outlays (gross)

                      –2
                      –2

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      9
                      2
                      2

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      2
                      2

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –2
                      –10
                      –10

                      4180
                      Budget authority, net (total)
                      7
                      –8
                      –8

                      4190
                      Outlays, net (total)
                      –2
                      –8
                      –8

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 091–4299–0–3–552
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year

                      47
                      38

                      2251
                      Repayments and prepayments
                      –2
                      –8
                      –8

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable

                      –1
                      –1

                      2264
                      Other adjustments, net
                      49

                      2290
                      Outstanding, end of year
                      47
                      38
                      29

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      37
                      28
                      28

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year

                      329
                      304

                      2331
                      Disbursements for guaranteed loan claims

                      3
                      3

                      2351
                      Repayments of loans receivable
                      –2
                      –7
                      –7

                      2361
                      Write-offs of loans receivable

                      –21
                      –21

                      2364
                      Other adjustments, net
                      331

                      2390
                      Outstanding, end of year
                      329
                      304
                      279

          Balance Sheet (in millions of dollars)

                      Identification code 091–4299–0–3–552
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury

                      6

                      1701
                      Defaulted guaranteed loans, gross

                      329

                      1999
                      Total assets

                      335

                      LIABILITIES:

                      2207
                      Non-Federal liabilities: Other

                      335

                      4999
                      Total liabilities and net position

                      335

          Object Classification (in millions of dollars)

                      Identification code 091–4299–0–3–552
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      33.0
                      Investments and loans

                      1
                      1

                      42.0
                      Insurance claims and indemnities

                      1
                      1

                      99.9
                      Total new obligations

                      2
                      2

             Institute of Education Sciences

             Federal Funds
             Institute of education sciencesFor carrying out activities authorized by the Education Sciences Reform Act of 2002, the National Assessment of Educational
             Progress Authorization Act, section 208 of the Educational Technical Assistance Act of 2002, and section 664 of the Individuals
             with Disabilities Education Act, [$573,935,000] $675,883,000, which shall remain available through September 30, [2016] 2017: Provided, That funds available to carry out section 208 of the Educational Technical Assistance Act may be used to link Statewide
             elementary and secondary data systems with early childhood, postsecondary, and workforce data systems, or to further develop
             such systems: Provided further, That up to $6,000,000 of the funds available to carry out section 208 of the Educational Technical Assistance Act may be
             used for awards to public or private organizations or agencies to support activities to improve data coordination, quality,
             and use at the local, State, and national levels[: Provided further, That $137,235,000 shall be for carrying out activities authorized by the National Assessment of Educational Progress Authorization
             Act]. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–1100–0–1–503
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Research, development, and dissemination
                      178
                      180
                      202

                      0002
                      Statistics
                      99
                      103
                      125

                      0003
                      Regional educational laboratories
                      60
                      54
                      54

                      0004
                      National Assessment
                      133
                      129
                      150

                      0005
                      National Assessment Governing Board
                      6
                      8
                      8

                      0006
                      Research in special education
                      54
                      54
                      54

                      0007
                      Statewide longitudinal data systems
                      33
                      35
                      70

                      0008
                      Special education studies and evaluations
                      14
                      11
                      13

                      0100
                      Total direct program
                      577
                      574
                      676

                      0799
                      Total direct obligations
                      577
                      574
                      676

                      0801
                      Institute of Education Sciences (Reimbursable)
                      3

                      0900
                      Total new obligations
                      580
                      574
                      676

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      43
                      46
                      48

                      1021
                      Recoveries of prior year unpaid obligations
                      3

                      1050
                      Unobligated balance (total)
                      46
                      46
                      48

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      577
                      574
                      676

                      1160
                      Appropriation, discretionary (total)
                      577
                      574
                      676

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      4
                      2
                      2

                      1701
                      Change in uncollected payments, Federal sources
                      –1

                      1750
                      Spending auth from offsetting collections, disc (total)
                      3
                      2
                      2

                      1900
                      Budget authority (total)
                      580
                      576
                      678

                      1930
                      Total budgetary resources available
                      626
                      622
                      726

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      46
                      48
                      50

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      812
                      713
                      776

                      3010
                      Obligations incurred, unexpired accounts
                      580
                      574
                      676

                      3020
                      Outlays (gross)
                      –672
                      –511
                      –544

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –3

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –4

                      3050
                      Unpaid obligations, end of year
                      713
                      776
                      908

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –3
                      –1
                      –1

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      1

                      3071
                      Change in uncollected pymts, Fed sources, expired
                      1

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –1
                      –1
                      –1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      809
                      712
                      775

                      3200
                      Obligated balance, end of year
                      712
                      775
                      907

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      580
                      576
                      678

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      94
                      96
                      112

                      4011
                      Outlays from discretionary balances
                      578
                      415
                      432

                      4020
                      Outlays, gross (total)
                      672
                      511
                      544

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –5
                      –2
                      –2

                      Additional offsets against gross budget authority only:

                      4050
                      Change in uncollected pymts, Fed sources, unexpired
                      1

                      4052
                      Offsetting collections credited to expired accounts
                      1

                      4060
                      Additional offsets against budget authority only (total)
                      2

                      4070
                      Budget authority, net (discretionary)
                      577
                      574
                      676

                      4080
                      Outlays, net (discretionary)
                      667
                      509
                      542

                      4180
                      Budget authority, net (total)
                      577
                      574
                      676

                      4190
                      Outlays, net (total)
                      667
                      509
                      542

             Research and Statistics:
             Research, development, and dissemination.—Funds support a diverse portfolio of research, development, and dissemination activities that provide parents, teachers,
                and schools with evidence-based information on effective educational practices. Funds requested in 2016 would be used to sustain
                and expand research and evaluation efforts across all dimensions of education, including increased support for early childhood
                research, the What Works Clearinghouse, and low-cost quick-turnaround randomized control trials.

             Statistics.—Funds support the Department's statistical data collection activities, which are conducted by the National Center for Education
                Statistics (NCES). NCES collects, analyzes, and disseminates education statistics at all levels, from preschool through postsecondary
                and adult education, including statistics on international education activities. The 2016 request would allow NCES to support
                a wide range of activities, including initiating a new round of the Early Childhood Longitudinal Study Birth Cohort, collecting
                administrative National Postsecondary Student Aid Survey (NPSAS) data every two years, and developing a study on college loan
                performance.

             Regional educational laboratories.—Funds support a network of 10 regional laboratories that provide expert advice, including training and technical assistance,
                to help States and school districts apply proven research findings in their school improvement efforts.

             Assessment.—Funds support the ongoing National Assessment of Educational Progress (NAEP) and the National Assessment Governing Board
                (NAGB). NAEP administers assessments to samples of students in order to gather reliable information about educational attainment
                in important academic areas. NAGB is responsible for formulating NAEP policy; developing student achievement levels; and selecting,
                consistent with the requirements of the statute, the subjects to be assessed. The request for 2016 would provide support for
                the current NAEP schedule of assessments, which include transitioning the grades 4 and 8 national and State assessments in
                reading and mathematics to a digital-based platform and expanding the number of districts for the Trial Urban District Assessment
                (TUDA).

             Research in special education.—Funds support research to build the evidence base on improving special education and early intervention services and outcomes
                for infants, toddlers, and children with disabilities.

             Statewide data systems.—Funds support competitive grant awards to States to foster the design, development, implementation, and use of longitudinal
                data systems. In 2016, funding would support linking K-12 systems to systems that include early childhood, postsecondary,
                and workforce information, or further developing such systems. In addition, funds would support awards to public and private
                agencies to improve data coordination, quality, and use at the local, State, and national levels.

             Special education studies and evaluations.—Funds support studies, evaluations, and assessments related to the implementation of the Individuals with Disabilities Education
                Act in order to improve special education and early intervention services and outcomes for infants, toddlers, and children
                with disabilities.

          Object Classification (in millions of dollars)

                      Identification code 091–1100–0–1–503
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      1
                      1
                      1

                      11.3
                      Other than full-time permanent
                      1
                      1
                      1

                      11.9
                      Total personnel compensation
                      2
                      2
                      2

                      25.1
                      Advisory and assistance services
                      28
                      5
                      5

                      25.2
                      Other services from non-Federal sources
                      218

                      25.3
                      Other goods and services from Federal sources
                      3

                      25.5
                      Research and development contracts
                      98

                      41.0
                      Grants, subsidies, and contributions
                      227
                      566
                      668

                      99.0
                      Direct obligations
                      576
                      573
                      675

                      99.0
                      Reimbursable obligations
                      3
                      1
                      1

                      99.5
                      Below reporting threshold
                      1

                      99.9
                      Total new obligations
                      580
                      574
                      676

          Employment Summary

                      Identification code 091–1100–0–1–503
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      12
                      15
                      15

             Departmental Management

             Federal Funds
             Departmental management
             Program administrationFor carrying out, to the extent not otherwise provided, the Department of Education Organization Act, including rental of
             conference rooms in the District of Columbia and hire of three passenger motor vehicles, [$411,000,000] $474,089,000, of which up to [$1,000,000] $13,830,000, to remain available until expended, shall be for relocation of, and renovation of buildings occupied by, Department staff: Provided, That up to $2,000,000 shall be for necessary expenses to establish and deploy a Digital Service team: Provided
                further, That to support the Department's activities related to implementation of the Digital Accountability and Transparency
                Act (DATA Act; Public Law 113–31; 31 U.S.C. 6101 note), up to $3,325,000, to include changes in business processes, workforce,
                or information technology to support high quality, transparent Federal spending information, of which up to $325,000 shall
                be available to support the Department's implementation of a uniform procurement instrument identifier as described in 48
                C.F.R. subpart 4.16.  (Department of Education Appropriations Act, 2015.)
          Special and Trust Fund Receipts (in millions of dollars)

                      Identification code 091–0800–0–1–503
                      2014 actual
                      2015 est.
                      2016 est.

                      0100
                      Balance, start of year

                      1

                      Receipts:

                      0220
                      Contributions
                      2
                      1
                      1

                      0400
                      Total: Balances and collections
                      2
                      1
                      2

                      Appropriations:

                      0500
                      Program Administration
                      –2

                      0799
                      Balance, end of year

                      1
                      2

          Program and Financing (in millions of dollars)

                      Identification code 091–0800–0–1–503
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Program administration
                      426
                      411
                      474

                      0801
                      Reimbursable program activity
                      3

                      0900
                      Total new obligations
                      429
                      411
                      474

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      14
                      13
                      16

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      14
                      13

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      423
                      411
                      474

                      1160
                      Appropriation, discretionary (total)
                      423
                      411
                      474

                      Appropriations, mandatory:

                      1201
                      Appropriation (special or trust fund)
                      2

                      1260
                      Appropriations, mandatory (total)
                      2

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      3
                      3
                      3

                      1750
                      Spending auth from offsetting collections, disc (total)
                      3
                      3
                      3

                      1900
                      Budget authority (total)
                      428
                      414
                      477

                      1930
                      Total budgetary resources available
                      442
                      427
                      493

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      13
                      16
                      19

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      133
                      121
                      102

                      3010
                      Obligations incurred, unexpired accounts
                      429
                      411
                      474

                      3011
                      Obligations incurred, expired accounts
                      1

                      3020
                      Outlays (gross)
                      –435
                      –430
                      –446

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –7

                      3050
                      Unpaid obligations, end of year
                      121
                      102
                      130

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –1
                      –1
                      –1

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –1
                      –1
                      –1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      132
                      120
                      101

                      3200
                      Obligated balance, end of year
                      120
                      101
                      129

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      426
                      414
                      477

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      346
                      330
                      365

                      4011
                      Outlays from discretionary balances
                      87
                      100
                      81

                      4020
                      Outlays, gross (total)
                      433
                      430
                      446

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –3
                      –3
                      –3

                      Mandatory:

                      4090
                      Budget authority, gross
                      2

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      2

                      4180
                      Budget authority, net (total)
                      425
                      411
                      474

                      4190
                      Outlays, net (total)
                      432
                      427
                      443

             The Program Administration account includes the direct Federal costs of providing grants and administering elementary and
                secondary education; Indian education; English language acquisition; higher education; career, technical, and adult education;
                special education programs; and programs for persons with disabilities. It also supports assessment, statistics, and research
                activities.

             In addition, this account includes the cost of providing centralized support and administrative services, overall policy development,
                and strategic planning for the Department. Included in the centralized activities are rent and mail services; telecommunications;
                contractual services; financial management and accounting, including payments to schools, education agencies and other grant
                recipients, and preparation of auditable financial statements; information technology services; personnel management; personnel
                security; budget formulation and execution; legal services; congressional and public relations; and intergovernmental affairs.

             Included in this account is the Department of Education's cost to relocate staff and renovate buildings occupied by Department
                staff.

             Also included in this account are contributions from the public. Activities supported include receptions for Blue Ribbon Schools
                and Historically Black Colleges and Universities. Contributions not designated for a specific purpose are in the account's
                Gifts and Bequests Miscellaneous Fund.

    Pursuant to Section 491 of the Workforce Innovation and Opportunity Act (P.L. 113–128), the Department of Education will transfer
                   necessary administrative expenses to the Department of Health and Human Services in fiscal year 2015 for functions being transferred
                   per Section 491. Funding for these administrative expenses is not being requested in fiscal year 2016.Reimbursable program._Reimbursements to this account are for providing administrative services to other agencies.

          Object Classification (in millions of dollars)

                      Identification code 091–0800–0–1–503
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      186
                      201
                      215

                      11.3
                      Other than full-time permanent
                      24
                      7
                      8

                      11.5
                      Other personnel compensation
                      2
                      2
                      2

                      11.9
                      Total personnel compensation
                      212
                      210
                      225

                      12.1
                      Civilian personnel benefits
                      61
                      62
                      68

                      21.0
                      Travel and transportation of persons
                      4
                      3
                      4

                      23.1
                      Rental payments to GSA
                      41
                      42
                      45

                      23.3
                      Communications, utilities, and miscellaneous charges
                      2
                      1
                      1

                      24.0
                      Printing and reproduction
                      1
                      1
                      1

                      25.1
                      Advisory and assistance services
                      4
                      1
                      7

                      25.2
                      Other services from non-Federal sources
                      21
                      17
                      29

                      25.3
                      Other goods and services from Federal sources
                      20
                      18
                      20

                      25.7
                      Operation and maintenance of equipment
                      57
                      54
                      64

                      26.0
                      Supplies and materials
                      1
                      1
                      1

                      31.0
                      Equipment
                      1

                      32.0
                      Land and structures
                      1
                      1
                      9

                      99.0
                      Direct obligations
                      426
                      411
                      474

                      99.0
                      Reimbursable obligations
                      3

                      99.9
                      Total new obligations
                      429
                      411
                      474

          Employment Summary

                      Identification code 091–0800–0–1–503
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      1,898
                      1,861
                      1,961

             Office for civil rightsFor expenses necessary for the Office for Civil Rights, as authorized by section 203 of the Department of Education Organization
             Act, [$100,000,000] $130,691,000. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0700–0–1–751
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Civil rights
                      98
                      100
                      131

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      98
                      100
                      131

                      1160
                      Appropriation, discretionary (total)
                      98
                      100
                      131

                      1930
                      Total budgetary resources available
                      98
                      100
                      131

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      16
                      14
                      15

                      3010
                      Obligations incurred, unexpired accounts
                      98
                      100
                      131

                      3020
                      Outlays (gross)
                      –99
                      –99
                      –126

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1

                      3050
                      Unpaid obligations, end of year
                      14
                      15
                      20

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      16
                      14
                      15

                      3200
                      Obligated balance, end of year
                      14
                      15
                      20

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      98
                      100
                      131

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      88
                      86
                      113

                      4011
                      Outlays from discretionary balances
                      11
                      13
                      13

                      4020
                      Outlays, gross (total)
                      99
                      99
                      126

                      4180
                      Budget authority, net (total)
                      98
                      100
                      131

                      4190
                      Outlays, net (total)
                      99
                      99
                      126

             The Office for Civil Rights is responsible for ensuring that no person is unlawfully discriminated against on the basis of
                race, color, national origin, sex, disability, or age in the delivery of services or the provision of benefits in programs
                or activities of schools and institutions receiving financial assistance from the Department of Education. The authorities
                under which the Office for Civil Rights operates are Title VI of the Civil Rights Act of 1964 (racial and ethnic discrimination),
                Title IX of the Education Amendments of 1972 (sex discrimination), section 504 of the Rehabilitation Act of 1973 (discrimination
                against individuals with a disability), the Age Discrimination Act of 1975, the Americans with Disabilities Act of 1990, and
                the Boy Scouts of America Equal Access Act of 2002.

          Object Classification (in millions of dollars)

                      Identification code 091–0700–0–1–751
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      55
                      57
                      78

                      11.3
                      Other than full-time permanent
                      2
                      2
                      2

                      11.9
                      Total personnel compensation
                      57
                      59
                      80

                      12.1
                      Civilian personnel benefits
                      17
                      18
                      25

                      21.0
                      Travel and transportation of persons
                      1

                      1

                      23.1
                      Rental payments to GSA
                      8
                      8
                      8

                      25.2
                      Other services from non-Federal sources
                      2
                      1
                      1

                      25.3
                      Other goods and services from Federal sources
                      2
                      2
                      2

                      25.7
                      Operation and maintenance of equipment
                      10
                      11
                      13

                      99.0
                      Direct obligations
                      97
                      99
                      130

                      99.5
                      Below reporting threshold
                      1
                      1
                      1

                      99.9
                      Total new obligations
                      98
                      100
                      131

          Employment Summary

                      Identification code 091–0700–0–1–751
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      544
                      544
                      754

             Office of inspector generalFor expenses necessary for the Office of Inspector General, as authorized by section 212 of the Department of Education Organization
             Act, [$57,791,000] $59,256,000. (Department of Education Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 091–1400–0–1–751
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Inspector General
                      56
                      59
                      59

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      1

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      58
                      58
                      59

                      1160
                      Appropriation, discretionary (total)
                      58
                      58
                      59

                      1930
                      Total budgetary resources available
                      58
                      59
                      59

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –1

                      1941
                      Unexpired unobligated balance, end of year
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      11
                      10
                      13

                      3010
                      Obligations incurred, unexpired accounts
                      56
                      59
                      59

                      3020
                      Outlays (gross)
                      –56
                      –56
                      –58

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1

                      3050
                      Unpaid obligations, end of year
                      10
                      13
                      14

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      11
                      10
                      13

                      3200
                      Obligated balance, end of year
                      10
                      13
                      14

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      58
                      58
                      59

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      48
                      47
                      48

                      4011
                      Outlays from discretionary balances
                      8
                      9
                      10

                      4020
                      Outlays, gross (total)
                      56
                      56
                      58

                      4180
                      Budget authority, net (total)
                      58
                      58
                      59

                      4190
                      Outlays, net (total)
                      56
                      56
                      58

             The Inspector General is responsible for the quality, coverage, and coordination of audit and investigation functions relating
                to Federal education activities. The Inspector General has the authority to inquire into all activities of the Department,
                including those performed under Federal education contracts, grants, or other agreements. Under the Chief Financial Officers
                Act of 1990, the Inspector General is also responsible for internal reviews of the Department's financial systems and audits
                of its financial statements.

          Object Classification (in millions of dollars)

                      Identification code 091–1400–0–1–751
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      26
                      29
                      29

                      11.5
                      Other personnel compensation
                      2

                      11.9
                      Total personnel compensation
                      28
                      29
                      29

                      12.1
                      Civilian personnel benefits
                      10
                      11
                      11

                      21.0
                      Travel and transportation of persons
                      1
                      2
                      2

                      23.1
                      Rental payments to GSA
                      5
                      6
                      6

                      25.1
                      Advisory and assistance services
                      1
                      1
                      1

                      25.2
                      Other services from non-Federal sources
                      2
                      2
                      2

                      25.3
                      Other goods and services from Federal sources
                      2
                      1
                      1

                      25.7
                      Operation and maintenance of equipment
                      5
                      5
                      5

                      31.0
                      Equipment
                      1
                      1
                      1

                      99.0
                      Direct obligations
                      55
                      58
                      58

                      99.5
                      Below reporting threshold
                      1
                      1
                      1

                      99.9
                      Total new obligations
                      56
                      59
                      59

          Employment Summary

                      Identification code 091–1400–0–1–751
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      249
                      241
                      244

             Hurricane Education Recovery

             Federal Funds
             Hurricane Education Recovery

             Program and Financing (in millions of dollars)

                      Identification code 091–0013–0–1–500
                      2014 actual
                      2015 est.
                      2016 est.

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3

                      3020
                      Outlays (gross)
                      –2

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3

                      Budget authority and outlays, net:

                      Discretionary:

                      Outlays, gross:

                      4011
                      Outlays from discretionary balances
                      2

                      4190
                      Outlays, net (total)
                      2

             Amounts in this schedule reflect balances that are spending out from prior-year appropriations.

             General and Administrative Provisions

             GENERAL FUND RECEIPT ACCOUNTS

             (in millions of dollars)

                      2014 actual
                      2015 est.
                      2016 est.

                      Offsetting receipts from the public:

                      091–271810
                      Federal Family Education Loan Program, Negative Subsidies
                      4,020

                      091–279830
                      Health Education Assistance Loans, Downward Reestimates of Subsidies

                      19

                      091–279430
                      TEACH Grant Program, Downward Reestimates of Subsidies
                      13
                      31

                      091–274130
                      College Housing and Academic Facilities Loan, Downward Reestimates of Subsidies
                      24
                      83

                      091–278130
                      Federal Direct Student Loan Program, Downward Reestimates of Subsidies
                      9,460
                      234

                      091–271830
                      Federal Family Education Loan Program, Downward Reestimates of Subsidies
                      3,925
                      4,656

                      091–143500
                      General Fund Proprietary Interest Receipts, not Otherwise Classified
                      1
                      1
                      1

                      091–291500
                      Repayment of Loans, Capital Contributions, Higher Education Activities
                      38
                      25
                      25

                      091–322000
                      All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
                      99
                      47
                      47

                      091–278110
                      Federal Direct Student Loan Program, Negative Subsidies
                      22,091
                      7,174
                      9,311

                      Legislative proposal, subject to PAYGO

                      1,143

                      091–278310
                      Federal Perkins Loan, Negative Subsidies

                      418

                      General Fund Offsetting receipts from the public
                      39,671
                      12,270
                      10,945

                      Intragovernmental payments:

                      091–388500
                      Undistributed Intragovernmental Payments and Receivables from Cancelled Accounts
                      –29

                      General Fund Intragovernmental payments
                      –29

             GENERAL PROVISIONS

             General ProvisionsSEC. 301. No funds appropriated in this Act may be used for the transportation of students or teachers (or for the purchase of equipment
          for such transportation) in order to overcome racial imbalance in any school or school system, or for the transportation of
          students or teachers (or for the purchase of equipment for such transportation) in order to carry out a plan of racial desegregation
          of any school or school system.SEC. 302. None of the funds contained in this Act shall be used to require, directly or indirectly, the transportation of any student
          to a school other than the school which is nearest the student's home, except for a student requiring special education, to
          the school offering such special education, in order to comply with title VI of the Civil Rights Act of 1964. For the purpose
          of this section an indirect requirement of transportation of students includes the transportation of students to carry out
          a plan involving the reorganization of the grade structure of schools, the pairing of schools, or the clustering of schools,
          or any combination of grade restructuring, pairing, or clustering. The prohibition described in this section does not include
          the establishment of magnet schools.SEC. 303. No funds appropriated in this Act may be used to prevent the implementation of programs of voluntary prayer and meditation
          in the public schools.'

          (transfer of funds)SEC. 304. Not to exceed 1 percent of any discretionary funds (pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985)
          which are appropriated for the Department of Education in this Act may be transferred between appropriations, but no such
          appropriation shall be increased by more than 3 percent by any such transfer: Provided, That the transfer authority granted by this section shall not be used to create any new program or to fund any project or
          activity for which no funds are provided in this Act: Provided further, That the Committees on Appropriations of the House of Representatives and the Senate are notified at least 15 days in advance
          of any transfer.SEC. 305. The Outlying Areas may consolidate funds received under this Act, pursuant to 48 U.S.C. 1469a, under part A of title V of
          the ESEA.SEC. 306. Section 105(f)(1)(B)(ix) of the Compact of Free Association Amendments Act of 2003 (48 U.S.C. 1921d(f)(1)(B)(ix)) shall be
          applied by substituting ["2015"] "2016" for "2009".SEC. 307. The Secretary, in consultation with the Director of the Institute of Education Sciences, may reserve funds under section 9601
          of the ESEA (subject to the limitations in [subsections (b) and] subsection (c) of that section) in order to carry out activities authorized under [paragraphs (1) and (2) of] subsection (a) of that section with respect to any ESEA program funded in this Act and without respect to the source of funds
          for those activities: Provided, That the Secretary shall reserve not more than 0.1 percent of the total amount of funds appropriated for part A
             of title I of the ESEA for activities under this section: Provided further, That high-quality evaluations of ESEA programs shall be prioritized, before using funds for any other evaluation activities:
          Provided further, That any funds reserved under this section shall be available from July 1, [2015] 2016 through September 30, [2016] 2017: Provided further, That not later than 10 days prior to the initial obligation of funds reserved under this section, the Secretary, in consultation
          with the Director, shall submit an evaluation plan to the Senate Committees on Appropriations and Health, Education, Labor,
          and Pensions and the House Committees on Appropriations and Education and the Workforce which identifies the source and amount
          of funds reserved under this section, the impact on program grantees if funds are withheld, the programs to be evaluated with
          such funds, how ESEA programs will be regularly evaluated, and how findings from evaluations completed under this section
          will be widely disseminated.[SEC. 308. The Secretary of Education shall—
          (1) modify the Free Application for Federal Student Aid described in section 483 of the HEA so that the Free Application for Federal
             Student Aid contains an individual box for the purpose of identifying students who are foster youth or were in the foster
             care system; and

          (2) utilize such identification as a tool to notify students who are foster youth or were in the foster care system of their potential
             eligibility for Federal student aid, including postsecondary education programs through the John H. Chafee Foster Care Independence
             Program and any other Federal programs under which such students may be eligible to receive assistance.][SEC. 309. (a) Student Eligibility.—
          (1) Subsection (d) of section 484 of the HEA is amended to read as follows:

                "(d) Students who are not high school graduates.—
                (1) Student eligibility.—In order for a student who does not have a certificate of graduation from a school providing secondary education, or the
                   recognized equivalent of such certificate, to be eligible for any assistance under subparts 1, 3, and 4 of part A and parts
                   B, C, D, and E of this title, the student shall meet the requirements of one of the following subparagraphs:

                (A) The student is enrolled in an eligible career pathway program and meets one of the following standards:
                (i) The student shall take an independently administered examination and shall achieve a score, specified by the Secretary,
                   demonstrating that such student can benefit from the education or training being offered. Such examination shall be approved
                   by the Secretary on the basis of compliance with such standards for development, administration, and scoring as the Secretary
                   may prescribe in regulations.

                (ii) The student shall be determined as having the ability to benefit from the education or training in accordance with such
                   process as the State shall prescribe. Any such process described or approved by a State for the purposes of this section shall
                   be effective 6 months after the date of submission to the Secretary unless the Secretary disapproves such process. In determining
                   whether to approve or disapprove such process, the Secretary shall take into account the effectiveness of such process in
                   enabling students without secondary school diplomas or the equivalent thereof to benefit from the instruction offered by institutions
                   utilizing such process, and shall also take into account the cultural diversity, economic circumstances, and educational preparation
                   of the populations served by the institutions.

                (iii) The student shall be determined by the institution of higher education as having the ability to benefit from the education
                   or training offered by the institution of higher education upon satisfactory completion of 6 credit hours or the equivalent
                   coursework that are applicable toward a degree or certificate offered by the institution of higher education.

                (B) The student has completed a secondary school education in a home school setting that is treated as a home school or private
                   school under State law.

                (2) Eligible career pathway program.—In this subsection, the term "eligible career pathway program" means a program that—
                (A) concurrently enrolls participants in connected adult education and eligible postsecondary programs;
                (B) provides counseling and supportive services to identify and attain academic and career goals;
                (C) provides structured course sequences that—
                (i) are articulated and contextualized; and
                (ii) allow students to advance to higher levels of education and employment;
                (D) provides opportunities for acceleration to attain recognized postsecondary credentials, including degrees, industry relevant
                   certifications, and certificates of completion of apprenticeship programs;

                (E) is organized to meet the needs of adults;
                (F) is aligned with the education and skill needs of the regional economy; and
                (G) has been developed and implemented in collaboration with partners in business, workforce development, and economic development.".

          (2) The amendment made by paragraph (1) shall take effect as if such amendment was enacted on June 30, 2014, and shall apply to
             students who are enrolled or who first enroll in an eligible program of study on or after July 1, 2014.

          (b) Section 401 (b)(2)(A)(ii) of the HEA is amended by inserting after "year" and before the comma "except that a student eligible
             only under 484(d)(1)(A) who first enrolls in an eligible program of study on or after July 1, 2015 shall not be eligible for
             the amount of the increase calculated under paragraph (7)(B)".]SEC. [310]308. (a) An institution of higher education that maintains an endowment fund supported with funds appropriated for title III or V of
          the HEA for fiscal year [2015] 2016 or any prior fiscal year may use the income from that fund to award scholarships to students, subject to the limitation in section 331(c)(3)(B)(i)
          of the HEA. The use of such income for such purposes, prior to the enactment of this Act, shall be considered to have been
          an allowable use of that income, subject to that limitation.
          (b) Subsection (a) shall be in effect until titles III and V of the HEA are reauthorized.[SEC. 311. In making awards under section 402D of the HEA with funds appropriated by this Act, the Secretary shall—
          (1) notwithstanding any other provision of law, publish a notice inviting applications for new awards no later than December 18,
             2014; and

          (2) make all awards by August 10, 2015.]SEC. 309. (a)  The Secretary may reserve not more than 0.5 percent from each appropriation made available in this Act for the accounts identified
                in subsection (d), with the exception of the appropriation for subpart 1 of part A of title IV of the Higher Education Act
                of 1965, in order to carry out evaluations, conduct evidence-building activities, or provide technical assistance related
                to any of the programs or activities that are funded under such accounts. (b)   Any funds reserved under this section shall be available for obligation through September 30, 2017.
          (c)   If, under any other provision of law, funds are authorized to be reserved or used for evaluation activities with respect
                   to a program or project, the Secretary may not reserve additional funds under this section.
          (d)   The accounts referred to in subsection (a) are: "Rehabilitation Services", "Career, Technical, and Adult Education", "Student
                   Financial Assistance", "Student Aid Administration", and "Higher Education". SEC. 310.  Section 487 of the Higher Education Act of 1965 (20 U.S.C. 1094) is amended— (a)  in subsection (a)(24)—  (1)  by striking ''In the'' and inserting the following: ''(A) In the'';
             (2)  by striking ''funds provided under this title, as calculated in accordance with subsection (d)(1)'' and inserting ''Federal
                      funds, as calculated in accordance with subparagraph (B) of this paragraph and subsection (d)(1)''; and
             (3)  by adding at the end the following—

                ''(B) FEDERAL FUNDS.—In this paragraph, the term 'Federal funds' means any Federal financial assistance provided, under this
                         Act or any other Federal law, through a grant, contract, subsidy, loan, guarantee, insurance, or other means to a proprietary
                         institution, including Federal financial assistance that is disbursed or delivered to an institution or on behalf of a student
                         or to a student to be used to attend the institution, except that such term shall not include any monthly housing stipend
                         provided under chapter 33 of title 38, United States Code.".

          SEC. 311.   Reappropriation of Mandatory Savings.—Section 401(b)(7)(A)(iv) of the HEA (20 U.S.C. 1070a(b)(7)(A)(iv)) is amended to read
                as follows—  ''(iv) to carry out this section—
          ''(I) $13,500,000,000 for fiscal year 2011;
          ''(II) $13,795,000,000 for fiscal year 2012;
          ''(III) $7,587,000,000 for fiscal year 2013;
          ''(IV) $588,000,000 for fiscal year 2014;
          ''(V) $0 for fiscal year 2015;
          ''(VI) $316,264 for fiscal year 2016;
          ''(VII) $1,601,300,000 for fiscal year 2017;
          ''(VIII) $1,382,000,000 for fiscal year 2018;
          ''(IX) $ 1,409,000,000 for fiscal year 2019;
          ''(X) $ 1,430,000,000 for fiscal year 2020;
          ''(XI) $ 1,153,850,000 for fiscal year 2021 and each succeeding fiscal year.''.SEC. 312.   Section 420R(r)(f) of the HEA (20 U.S.C. 1070h) is amended to strike ", and there are appropriated,". SEC. 313.   Section 481 of the HEA (20 U.S.C. 1088) is amended by adding after subsection (f) the following new subsection—  "(g) DEFINITION OF ELIGIBLE VETERAN'S DEPENDENT.— For the purpose of any program under this title, the term 'eligible veteran's
                   dependent' means a dependent or an independent student—
          (1) whose parent or guardian was a member of the Armed Forces of the United States and died as a result of performing military
                   service in Iraq or Afghanistan after September 11, 2001; and
          (2) who, at the time of the parent or guardian's death, was—
          (A) less than 24 years of age; or (B) enrolled at an institution of higher education on a part-time or full-time basis. Subsection
                   401(b) of the HEA (20 U.S.C. 1070a) is amended by inserting after paragraph (8), the following new paragraph: (9) Eligible
                   Veteran's Dependent. Notwithstanding (b)(2)(A)(iii) and (b)(3), the Secretary shall award the maximum Federal Pell grant for
                   that year to each eligible veteran's dependent to assist in paying the eligible veteran's dependent's cost of attendance at
                   an institution of higher education.". (Department of Education Appropriations Act, 2015.)