Appendix - Department of Education

For 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"), $16,347,558,000, of which $4,616,122,000 shall become available on July 1, 2018, and shall remain available through September 30, 2019, and of which $11,681,898,000 shall become available on October 1, 2018, and shall remain available through September 30, 2019, for academic year 2018–2019: Provided, That $15,881,458,000 shall be for Part A of title I and shall be made available without regard to section 1002(a) of the ESEA: Provided further, That $6,431,057,000 shall be for basic grants under section 1124 of the ESEA: Provided further, That up to $5,000,000 of these funds shall be available to the Secretary of Education (referred to in this title as "Secretary") on October 1, 2018, 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 $3,544,050,000 shall be for targeted grants under section 1125 of the ESEA: Provided further, That $3,544,050,000 shall be for education finance incentive grants under section 1125A of the ESEA: Provided further, That up to $1,000,000,000 shall be for grants to local educational agencies to implement weighted per-pupil funding systems through a demonstration agreement with the Secretary under Part E of Title I of the ESEA that meets the requirements of section 1501(d) of the ESEA and includes an open enrollment system allowing students to enroll in a public school selected by their parents: Provided further, That the Secretary may establish requirements for such grants related to the implementation of open enrollment systems: Provided further, That notwithstanding section 1501(c)(1) of the ESEA, the Secretary may enter into a demonstration agreement with any local educational agency that meets the requirement for selection under section 1501(c)(2) of the ESEA: Provided further, That the Secretary may reserve up to $10,000,000 for national activities including technical assistance and information dissemination: Provided further, That $44,538,000 shall be for carrying out section 418A of the HEA.

Note.—A full-year 2017 appropriation for this account was not enacted at the time the budget was prepared; therefore, the budget assumes this account is operating under the Further Continuing Appropriations Act, 2017 (P.L. 114–254). The amounts included for 2017 reflect the annualized level provided by the continuing resolution.


Identification code 091–0900–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Grants to local educational agencies	14,893	14,881	14,051
0002	School improvement grants	507	449	449
0003	State agency programs: Migrants	375	374	374
0004	State agency programs: Neglected and delinquent	61	47	47
0006	Special programs for migrant students	45	45	45
0007	Comprehensive literacy development grants		190	190
0008	Title I Choice program			1,000

0900	Total new obligations, unexpired accounts	15,881	15,986	16,156

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	525	661	662
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	5,176	5,166	4,666
	Advance appropriations, discretionary:
1170	Advance appropriation	10,841	10,821	10,841
1900	Budget authority (total)	16,017	15,987	15,507
1930	Total budgetary resources available	16,542	16,648	16,169
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	661	662	13

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	9,429	9,686	9,220
3010	New obligations, unexpired accounts	15,881	15,986	16,156
3020	Outlays (gross)	–15,617	–16,452	–16,043
3041	Recoveries of prior year unpaid obligations, expired	–7

3050	Unpaid obligations, end of year	9,686	9,220	9,333
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	9,429	9,686	9,220
3200	Obligated balance, end of year	9,686	9,220	9,333

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	16,017	15,987	15,507
	Outlays, gross:
4010	Outlays from new discretionary authority	7,546	7,781	7,775
4011	Outlays from discretionary balances	8,071	8,671	8,268

4020	Outlays, gross (total)	15,617	16,452	16,043
4180	Budget authority, net (total)	16,017	15,987	15,507
4190	Outlays, net (total)	15,617	16,452	16,043


	2016–2017 Academic Year	2017–2018 Academic Year	2018–2019 Academic Year

New Budget Authority	$5,175	$5,165	$4,666
Advance appropriation	10,821	10,841	11,682

Total program level	15,996	16,006	16,348

Change in advance appropriation from the previous year	–20	+20	+841

Grants to local educational agencies.—Funds are allocated via formula for programs that provide academic support to help students in high-poverty schools meet challenging State standards. States assess annually all students in certain grades in at least English language arts, mathematics, and science; develop systems to differentiate among schools on the basis of performance on those assessments and other indicators; provide parents with information on the performance of their child's school; and ensure the development and implementation of support and improvement plans for the lowest-performing schools.

Furthering options for children to unlock success.—Funds would support grants to local educational agencies that agree to promote expanded public school choice through the implementation of weighted student funding formulas combined with open enrollment systems.

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

State agency neglected and delinquent children and youth education program.—Funds 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 correctional facilities.

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.


Identification code 091–0900–0–1–501		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.1	Advisory and assistance services	4	4	4
25.2	Other services from non-Federal sources	25	25	25
25.3	Other goods and services from Federal sources	3	4	5
25.7	Operation and maintenance of equipment	4	3	4
41.0	Grants, subsidies, and contributions	15,845	15,950	16,118

99.9	Total new obligations, unexpired accounts	15,881	15,986	16,156

For carrying out programs of financial assistance to federally affected schools authorized by title VII of the ESEA, $1,236,435,000, of which $1,166,012,000 shall be for basic support payments under section 7003(b), $48,224,000 shall be for payments for children with disabilities under section 7003(d), $17,373,000, to remain available for obligation through September 30, 2019, shall be for construction under section 7007(b), and $4,826,000, to remain available until expended, shall be for facilities maintenance under section 7008: Provided, That for purposes of computing the amount of a payment for an eligible local educational agency under section 7003(a) for school year 2017–2018, children enrolled in a school of such agency that would otherwise be eligible for payment under section 7003(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 7003(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.


Identification code 091–0102–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Basic support payments	1,168	1,166	1,166
0002	Payments for children with disabilities	48	48	48

0091	Direct program activities, subtotal	1,216	1,214	1,214
0101	Facilities maintenance	1	5	5
0201	Construction	35	17	17
0301	Payments for Federal property	67	67

0900	Total new obligations (object class 41.0)	1,319	1,303	1,236

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	18	5	5
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	1,306	1,303	1,236
1930	Total budgetary resources available	1,324	1,308	1,241
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	5	5	5

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	365	431	372
3010	New obligations, unexpired accounts	1,319	1,303	1,236
3011	Obligations ("upward adjustments"), expired accounts	338
3020	Outlays (gross)	–1,252	–1,362	–1,376
3041	Recoveries of prior year unpaid obligations, expired	–339

3050	Unpaid obligations, end of year	431	372	232
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	365	431	372
3200	Obligated balance, end of year	431	372	232

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	1,306	1,303	1,236
	Outlays, gross:
4010	Outlays from new discretionary authority	1,010	1,168	1,108
4011	Outlays from discretionary balances	242	194	268

4020	Outlays, gross (total)	1,252	1,362	1,376
4180	Budget authority, net (total)	1,306	1,303	1,236
4190	Outlays, net (total)	1,252	1,362	1,376

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 LEAs 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 750,000 federally connected students enrolled in about 1,100 LEAs to assist them in meeting their operation and maintenance costs. Average per-student payments will be approximately $1,500.

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 51,000 federally connected students with disabilities in about 840 LEAs. Average per-student payments will be approximately $950.

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

For carrying out school improvement activities authorized by part B of Title I and part B of title V 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, $697,231,000, of which $622,654,000 shall become available on July 1, 2018, and remain available through September 30, 2019: Provided, That $51,347,000 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 $16,667,000 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 $175,506,000 shall be for part B of title V.


Identification code 091–1000–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Supporting effective instruction State grants	2,325	2,417	1,681
0002	Mathematics and science partnerships	153	155
0003	21st century community learning centers	1,163	1,174
0004	State assessments	369	388	377
0005	Education for homeless children and youths	70	70	70
0006	Native Hawaiians education	33	33
0007	Alaska Native education	32	32
0008	Training and advisory services	7	7	7
0009	Rural education	176	175	175
0010	Supplemental education grants	17	17	17
0011	Comprehensive centers	51	51	51
0012	Pooled evaluation	8	9

0900	Total new obligations, unexpired accounts	4,404	4,528	2,378

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	70	103
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	2,753	2,747	697
1121	Appropriations transferred from other acct [091–0204]	3

1160	Appropriation, discretionary (total)	2,756	2,747	697
	Advance appropriations, discretionary:
1170	Advance appropriation	1,681	1,678	1,681
1900	Budget authority (total)	4,437	4,425	2,378
1930	Total budgetary resources available	4,507	4,528	2,378
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	103

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	4,707	4,747	4,933
3010	New obligations, unexpired accounts	4,404	4,528	2,378
3020	Outlays (gross)	–4,355	–4,342	–4,402
3041	Recoveries of prior year unpaid obligations, expired	–9

3050	Unpaid obligations, end of year	4,747	4,933	2,909
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	4,707	4,747	4,933
3200	Obligated balance, end of year	4,747	4,933	2,909

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	4,437	4,425	2,378
	Outlays, gross:
4010	Outlays from new discretionary authority	925	1,062	1,023
4011	Outlays from discretionary balances	3,430	3,280	3,379

4020	Outlays, gross (total)	4,355	4,342	4,402
4180	Budget authority, net (total)	4,437	4,425	2,378
4190	Outlays, net (total)	4,355	4,342	4,402


	2016–2017 Academic Year	2017–2018 Academic Year	2018–2019 Academic Year

New Budget Authority	$2,752	$2,747	$697
Advance Appropriation	1678	1,681	0

Total program level	4,430	4,428	697

Change in advance appropriation over previous year	–3	+3	–1,681

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. Funds would also support audits of State and local assessment systems.

Education for homeless children and youths.—Funds would support activities to ensure that all homeless children and youth have equal access to the same free, appropriate public education available to other children.

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, sex, national origin, and religion.

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 to carry out activities authorized elsewhere in the Elementary and Secondary Education Act of 1965 (ESEA). 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.

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 would support a new cohort of Centers that would reflect changing priorities and new demands resulting from the reauthorization of the ESEA and that would provide services to the Bureau of Indian Education.


Identification code 091–1000–0–1–501		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.2	Other services from non-Federal sources	25	26	13
25.3	Other goods and services from Federal sources	1	1	1
25.7	Operation and maintenance of equipment	2	2	1
41.0	Grants, subsidies, and contributions	4,376	4,499	2,363

99.9	Total new obligations, unexpired accounts	4,404	4,528	2,378

For carrying out activities authorized by subparts 2 and 3 of part F of title IV of the ESEA, $134,857,000: Provided, That $74,857,000 shall be available for section 4631, and 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: Provided further, That $60,000,000 shall be available through December 31, 2018 for section 4624.


Identification code 091–0203–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	School safety national activities	73	71	70
0002	Elementary and secondary school counseling	50	49
0003	Physical education program	47	47
0004	Promise neighborhoods	56	73	73
0005	Project SERV	3	9	5

0500	Direct program activities, subtotal	229	249	148

0900	Total new obligations, unexpired accounts	229	249	148

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	63	79	74
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	245	244	135
1930	Total budgetary resources available	308	323	209
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	79	74	61

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	318	293	293
3010	New obligations, unexpired accounts	229	249	148
3020	Outlays (gross)	–244	–249	–241
3041	Recoveries of prior year unpaid obligations, expired	–10

3050	Unpaid obligations, end of year	293	293	200
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	318	293	293
3200	Obligated balance, end of year	293	293	200

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	245	244	135
	Outlays, gross:
4010	Outlays from new discretionary authority	4	5	3
4011	Outlays from discretionary balances	240	244	238

4020	Outlays, gross (total)	244	249	241
4180	Budget authority, net (total)	245	244	135
4190	Outlays, net (total)	244	249	241

School safety national activities. Funds support competitive grants and other discretionary activities to foster a safe, secure, and drug-free learning environment conducive to teaching and learning; facilitate emergency management and preparedness as well as recovery from traumatic events; prevent drug use and violence by students; and otherwise improve student well-being. These activities include efforts to create positive school climates and to counter the effects of pervasive violence on students, including by assisting local school districts to build and increase their capacity to address the comprehensive behavioral and mental health needs of students.

Promise neighborhoods. Funds support competitive grants and other activities for projects designed to improve significantly the educational and developmental outcomes of children in some of the Nation's most distressed communities through the development and implementation of a cradle-through-college-to-career continuum of academic programs and community supports, including effective schools.


Identification code 091–0203–0–1–501		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.2	Other services from non-Federal sources	6	8	8
25.3	Other goods and services from Federal sources	1
41.0	Grants, subsidies, and contributions	222	241	140

99.9	Total new obligations, unexpired accounts	229	249	148

For expenses necessary to carry out, to the extent not otherwise provided, title VI, part A of the ESEA, $143,665,000, of which $5,554,000 shall be for subpart 3 of part A of title VI, and of which $37,921,000 shall be for subpart 2 of part A of title VI: Provided, That the Secretary may make awards under subpart 3 of part A of title VI without regard to the funding limitation in section 6133(b)(1).


Identification code 091–0101–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Grants to local educational agencies	100	100	100
0002	Special programs for Indian children	38	38	38
0003	National activities	6	6	6

0900	Total new obligations, unexpired accounts	144	144	144

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	144	144	144
1930	Total budgetary resources available	144	144	144

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	131	156	143
3010	New obligations, unexpired accounts	144	144	144
3020	Outlays (gross)	–116	–157	–144
3041	Recoveries of prior year unpaid obligations, expired	–3

3050	Unpaid obligations, end of year	156	143	143
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	131	156	143
3200	Obligated balance, end of year	156	143	143

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	144	144	144
	Outlays, gross:
4010	Outlays from new discretionary authority	3	7	7
4011	Outlays from discretionary balances	113	150	137

4020	Outlays, gross (total)	116	157	144
4180	Budget authority, net (total)	144	144	144
4190	Outlays, net (total)	116	157	144

The Indian Education programs support the efforts of local educational agencies (LEA), tribes, and Indian organizations 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 enhance and supplement 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 under the Demonstration Grants authority to improve the college- and career-readiness of Native youth, 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, grants for Native language immersion schools and programs, and grants to tribes for education administrative planning, development, and coordination.


Identification code 091–0101–0–1–501		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.2	Other services from non-Federal sources	2	2	2
41.0	Grants, subsidies, and contributions	142	142	142

99.9	Total new obligations, unexpired accounts	144	144	144

Federal Funds

For carrying out activities authorized by subpart 1 of part B and section 2242 of title II and parts C and D and subpart 1 of part F of title IV of the ESEA, $1,208,026,000: Provided, That $241,563,000 shall be for subpart 1 of part B and section 2242 of title II and shall be made available without regard to sections 2201 and 2241: Provided further, That $596,463,000 shall be for parts C and D of title IV and shall be made available without regard to sections 4311 and 4409(a): Provided further, That of the funds available for part C of title IV, the Secretary shall use not more than $100,000,000 to carry out section 4304 and not more than $155,000,000 to carry out section 4305, of which not more than $25,000,000 shall be used to carry out the activities in section 4305(a)(3): Provided further, That $370,000,000 shall be available through December 31, 2018 for subpart 1 of part F of title IV: Provided further, That funds provided under subpart 1 of part F of title IV may be used to support the demonstration and evaluation of projects awarding scholarships to students from low-income families to attend a private school, including a private religious school, selected by their parents that meets other requirements established by the Secretary.


Identification code 091–0204–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Education, innovation, and research	129	119	370
0002	Teacher and school leader incentive fund	229	230	200
0003	School leader recruitment and support	16	16
0004	Charter school grants	316	333	500
0005	Credit enhancement for charter school facilities	16
0006	Magnet school assistance	96	96	96
0007	Advanced placement	28	28
0008	Ready to learn programming	26	27
0009	Fund for the Improvement of Education: Programs of national significance	52	51
0010	Arts in education	27	27
0011	American history and civics academies	2	2
0012	Preschool development grants	253	250
0013	Supporting effective educator development (SEED)			42

0799	Total direct obligations	1,190	1,179	1,208
0801	DC schools/SOAR Act	60	45	45

0900	Total new obligations, unexpired accounts	1,250	1,224	1,253

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	396	389	390
1021	Recoveries of prior year unpaid obligations	20

1050	Unobligated balance (total)	416	389	390
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	1,181	1,179	1,208
1120	Appropriations transferred to other acct [091–1000]	–3

1160	Appropriation, discretionary (total):	1,178	1,179	1,208
	Spending authority from offsetting collections, discretionary:
1700	Collected	45	46	46
1900	Budget authority (total)	1,223	1,225	1,254
1930	Total budgetary resources available	1,639	1,614	1,644
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	389	390	391

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	3,125	2,835	2,054
3010	New obligations, unexpired accounts	1,250	1,224	1,253
3020	Outlays (gross)	–1,497	–2,005	–1,295
3040	Recoveries of prior year unpaid obligations, unexpired	–20
3041	Recoveries of prior year unpaid obligations, expired	–23

3050	Unpaid obligations, end of year	2,835	2,054	2,012
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	3,125	2,835	2,054
3200	Obligated balance, end of year	2,835	2,054	2,012

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	1,223	1,225	1,254
	Outlays, gross:
4010	Outlays from new discretionary authority	6	25	25
4011	Outlays from discretionary balances	1,491	1,980	1,270

4020	Outlays, gross (total)	1,497	2,005	1,295
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4033	Non-Federal sources	–45	–46	–46
4180	Budget authority, net (total)	1,178	1,179	1,208
4190	Outlays, net (total)	1,452	1,959	1,249

Education innovation and research.—Funds would support grants to local educational agencies (LEAs), State educational agencies (SEAs), the Bureau of Indian Education (BIE), consortia of LEAs or SEAs, or nonprofit organizations; or consortia of SEAs, LEAs, or the BIE with a nonprofit organization, a business, an educational service agency, or an institution of higher education designed to improve the achievement and attainment of high-need students. A portion of the funds would support efforts to test and build evidence for the effectiveness of private school choice as a strategy for: 1) expanding school choices for parents who wish to send their children to high quality private schools; 2) improving educational outcomes for students from low-income families or students enrolled in persistently low-performing schools; and 3) increasing competition in order to improve the quality and performance of all schools.

Teacher and school leader incentive grants.—Funds would support grants to develop, implement, improve, or expand human capital management systems or performance-based compensation systems, especially in high-need schools.

Supporting effective educator development.—Funds would support competitive grants to institutions of higher education, national nonprofit entities, and the BIE to provide educators with evidence-based professional development and to support pathways that allow educators with nontraditional preparation and certification to obtain employment in traditionally underserved local educational agencies.

Charter schools grants.—Funds would support competitive grants for the opening of new charter schools and the replication and expansion of high-quality 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.


Identification code 091–0204–0–1–501		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.1	Advisory and assistance services	1	1	1
25.2	Other services from non-Federal sources	17	17	16
25.3	Other goods and services from Federal sources	1	1	1
25.5	Research and development contracts	4	4	4
41.0	Grants, subsidies, and contributions	1,167	1,156	1,186

99.0	Direct obligations	1,190	1,179	1,208
99.0	Reimbursable obligations	60	45	45

99.9	Total new obligations, unexpired accounts	1,250	1,224	1,253

Federal Funds

For carrying out part A of title III of the ESEA, $735,998,000, which shall become available on July 1, 2018, and shall remain available through September 30, 2019, except that 6.5 percent of such amount shall be available on October 1, 2017, and shall remain available through September 30, 2019, to carry out activities under section 3111(c)(1)(C).


Identification code 091–1300–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	English language acquisition grants	739	736	736

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	12	10	10
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	737	736	736
1930	Total budgetary resources available	749	746	746
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	10	10	10

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1,071	1,071	1,017
3010	New obligations, unexpired accounts	739	736	736
3020	Outlays (gross)	–739	–790	–739

3050	Unpaid obligations, end of year	1,071	1,017	1,014
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1,071	1,071	1,017
3200	Obligated balance, end of year	1,071	1,017	1,014

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	737	736	736
	Outlays, gross:
4010	Outlays from new discretionary authority	5	7	7
4011	Outlays from discretionary balances	734	783	732

4020	Outlays, gross (total)	739	790	739
4180	Budget authority, net (total)	737	736	736
4190	Outlays, net (total)	739	790	739

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 to increase the supply of high-quality teachers of English Learners and a national information clearinghouse on English language acquisition.


Identification code 091–1300–0–1–501		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.2	Other services from non-Federal sources	4	4	4
41.0	Grants, subsidies, and contributions	735	732	732

99.9	Total new obligations, unexpired accounts	739	736	736

Federal Funds

For carrying out the Individuals with Disabilities Education Act (IDEA), $12,942,126,000, of which $2,591,321,000 shall become available on July 1, 2018, and shall remain available through September 30, 2019, and of which $10,124,103,000 shall become available on October 1, 2018, and shall remain available through September 30, 2019, for academic year 2018–2019: 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 2017, 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 2017: 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, 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 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.


Identification code 091–0300–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Grants to States	11,917	11,872	11,049
0002	Preschool grants	368	367	367
0003	Grants for infants and families	459	458	458

0091	Subtotal, State grants	12,744	12,697	11,874
0101	State personnel development	42	42	42
0102	Technical assistance and dissemination	44	44	44
0103	Personnel preparation	84	84	84
0104	Parent information centers	27	27	27
0105	Educational technology, media, and materials	30	30	30

0191	Subtotal, National activities	227	227	227
0201	Special Olympics education program	10	10

0900	Total new obligations, unexpired accounts	12,981	12,934	12,101

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	4		18
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	3,694	3,686	2,818
	Advance appropriations, discretionary:
1170	Advance appropriation	9,283	9,266	9,283
1900	Budget authority (total)	12,977	12,952	12,101
1930	Total budgetary resources available	12,981	12,952	12,119
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year		18	18

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	6,733	7,146	7,811
3010	New obligations, unexpired accounts	12,981	12,934	12,101
3020	Outlays (gross)	–12,560	–12,269	–12,772
3041	Recoveries of prior year unpaid obligations, expired	–8

3050	Unpaid obligations, end of year	7,146	7,811	7,140
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	6,733	7,146	7,811
3200	Obligated balance, end of year	7,146	7,811	7,140

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	12,977	12,952	12,101
	Outlays, gross:
4010	Outlays from new discretionary authority	6,586	6,290	6,259
4011	Outlays from discretionary balances	5,974	5,979	6,513

4020	Outlays, gross (total)	12,560	12,269	12,772
4180	Budget authority, net (total)	12,977	12,952	12,101
4190	Outlays, net (total)	12,560	12,269	12,772


	2016–2017 Academic Year	2017–2018 Academic Year	2018–2019 Academic Year

Current Budget Authority	$3,456	$3,432	$2,591
Advance appropriation	9,266	9,283	10,124

Total program level	12,722	12,715	12,715

Change in advance appropriation from the previous year	–17	+17	+841

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 (LEAs) 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, LEAs may reserve up to 15 percent of the funds they receive under Part B of the Individuals with Disabilities Education Act to provide coordinated early intervening services to children in grades kindergarten through 12.

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 two, 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.

National activities.—Funds are provided for 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.

Basis for Leaving Special Education for Youth with Disabilities Ages 14 and Older


	2012–2013 Actual	2013–2014 Actual	2014–2015 Actual


Status of Exiting Students

Percent / number of students with disabilities aged 14–21 exiting special education:
Graduated with a diploma	41.9% / 257,982	42.2% / 258,969	45.2% / 252,172
Graduated through certification	9.2% / 56,399	8.6% / 53,031	6.7% / 37,590
Transferred to regular education	9.4% / 57,639	9.2% / 56,552	9.7% / 53,999
Dropped out of school/not known to continue	12.1% / 74,502	11.8% / 72,251	11.6% / 64,850
Moved, but known to have continued in education	26.5% / 162,887	27.2% / 167,187	25.6% / 142,847
Reached maximum age for services/other	.9% / 5,839	1.0% / 5,935	1.1% / 6,054

Total	100% / 615,248	100% / 613,925	100% / 557,512


Identification code 091–0300–0–1–501		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.2	Other services from non-Federal sources	3	2	2
41.0	Grants, subsidies, and contributions	12,978	12,932	12,099

99.9	Total new obligations, unexpired accounts	12,981	12,934	12,101

For carrying out, to the extent not otherwise provided, the Rehabilitation Act of 1973 and the Helen Keller National Center Act, $3,563,008,000, of which $3,452,931,000 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, nonprofit 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, 2019.


Identification code 091–0301–0–1–506		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Vocational rehabilitation State grants	3,163	3,165	3,453
0002	Client assistance State grants	13	13	13
0003	Supported employment State grants	27	27
0004	Training	30	30	30
0005	Demonstration and Training Programs	6	6	6
0006	Independent Living	33	33	33
0007	Protection and advocacy of individual rights	17	18	18
0008	Helen Keller National Center	10	10	10
0009	Disability innovation fund	40

0100	Total direct program	3,339	3,302	3,563

0900	Total new obligations, unexpired accounts	3,339	3,302	3,563

	Budgetary resources:
	Unobligated balance:
1012	Unobligated balance transfers between expired and unexpired accounts	40
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	138	138	110
	Appropriations, mandatory:
1200	Appropriation	3,392	3,399	3,453
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–231	–235

1260	Appropriations, mandatory (total)	3,161	3,164	3,453
1900	Budget authority (total)	3,299	3,302	3,563
1930	Total budgetary resources available	3,339	3,302	3,563

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	2,074	2,173	1,898
3010	New obligations, unexpired accounts	3,339	3,302	3,563
3011	Obligations ("upward adjustments"), expired accounts	3
3020	Outlays (gross)	–3,163	–3,577	–3,434
3041	Recoveries of prior year unpaid obligations, expired	–80

3050	Unpaid obligations, end of year	2,173	1,898	2,027
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	2,074	2,173	1,898
3200	Obligated balance, end of year	2,173	1,898	2,027

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	138	138	110
	Outlays, gross:
4010	Outlays from new discretionary authority	65	69	55
4011	Outlays from discretionary balances	68	41	69

4020	Outlays, gross (total)	133	110	124
	Mandatory:
4090	Budget authority, gross	3,161	3,164	3,453
	Outlays, gross:
4100	Outlays from new mandatory authority	1,565	1,582	1,726
4101	Outlays from mandatory balances	1,465	1,885	1,584

4110	Outlays, gross (total)	3,030	3,467	3,310
4180	Budget authority, net (total)	3,299	3,302	3,563
4190	Outlays, net (total)	3,163	3,577	3,434

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 2016, State VR agencies assisted an estimated 186,715 individuals with disabilities to obtain an employment outcome, about 94 percent of whom were individuals with significant disabilities. VR State Grants is a core program of the workforce development system under the Workforce Innovation and Opportunity Act (WIOA) and a 4required partner in the one-stop service delivery system for accessing employment and training services. 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 2018 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 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.

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.

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.


Identification code 091–0301–0–1–506		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.1	Advisory and assistance services		1	1
41.0	Grants, subsidies, and contributions	3,339	3,301	3,562

99.9	Total new obligations, unexpired accounts	3,339	3,302	3,563

For carrying out the Act to Promote the Education of the Blind of March 3, 1879, $25,383,000.


Identification code 091–0600–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	American printing house for the blind	25	25	25

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

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	25	25	25
1930	Total budgetary resources available	25	25	25

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	6	4	5
3010	New obligations, unexpired accounts	25	25	25
3020	Outlays (gross)	–27	–24	–25

3050	Unpaid obligations, end of year	4	5	5
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	6	4	5
3200	Obligated balance, end of year	4	5	5

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	25	25	25
	Outlays, gross:
4010	Outlays from new discretionary authority	21	19	19
4011	Outlays from discretionary balances	6	5	6

4020	Outlays, gross (total)	27	24	25
4180	Budget authority, net (total)	25	25	25
4190	Outlays, net (total)	27	24	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 2016, the portion of the Federal appropriation allocated to educational materials represented approximately 63 percent of the Printing House's total sales. The full 2016 appropriation represented approximately 72 percent of the Printing House's total budget.

For the National Technical Institute for the Deaf under titles I and II of the Education of the Deaf Act of 1986, $69,883,000: 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.


Identification code 091–0601–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Operations	70	70	70

0900	Total new obligations (object class 41.0)	70	70	70

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	70	70	70
1930	Total budgetary resources available	70	70	70

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1	2
3010	New obligations, unexpired accounts	70	70	70
3020	Outlays (gross)	–69	–72	–70

3050	Unpaid obligations, end of year	2
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1	2
3200	Obligated balance, end of year	2

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	70	70	70
	Outlays, gross:
4010	Outlays from new discretionary authority	68	70	70
4011	Outlays from discretionary balances	1	2

4020	Outlays, gross (total)	69	72	70
4180	Budget authority, net (total)	70	70	70
4190	Outlays, net (total)	69	72	70

This residential program provides postsecondary technical and professional education for individuals who are deaf or hard of hearing, provides training, and conducts applied research into employment-related aspects of deafness. In 2016, the Federal appropriation represented approximately 70 percent of the Institute's operating budget. The 2018 request includes funds that may be used for the Endowment Grant program.

For 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, $121,044,000: 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.


Identification code 091–0602–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Operations	121	121	121

0900	Total new obligations (object class 41.0)	121	121	121

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	121	121	121
1930	Total budgetary resources available	121	121	121

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	20
3010	New obligations, unexpired accounts	121	121	121
3020	Outlays (gross)	–141	–121	–121
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	20

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	121	121	121
	Outlays, gross:
4010	Outlays from new discretionary authority	121	121	121
4011	Outlays from discretionary balances	20

4020	Outlays, gross (total)	141	121	121
4180	Budget authority, net (total)	121	121	121
4190	Outlays, net (total)	141	121	121

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

Gallaudet operates the Laurent Clerc National Deaf Education Center, which includes elementary and secondary education programs on the main campus of the University serving students who are deaf or hard of hearing. The Kendall Demonstration Elementary School serves students from birth through grade 8, and the Model Secondary School for the Deaf serves high school students in grades 9 through 12. 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 2016, the appropriation for Gallaudet represented approximately 70 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 2018 request includes funds that may be used for the Endowment Grant program.

Federal Funds

For carrying out, to the extent not otherwise provided, the Adult Education and Family Literacy Act ("AEFLA"), $499,535,000, which shall become available on July 1, 2018, and shall remain available through September 30, 2019: Provided, That of the amounts made available for AEFLA, $13,686,000 shall be for national leadership activities under section 242.


Identification code 091–0400–0–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Career and Technical Education State Grants	1,117	1,111	791
0002	Career and Technical Education National Activities	7	7

0091	Subtotal, Career and Technical	1,124	1,118	791
0101	Adult Basic and Literacy Education State Grants	583	581	486
0102	Adult Education National Leadership Activities	14	13	14

0191	Subtotal, Adult Education	597	594	500
0201	Performance Partnership Pilots	2	2

0799	Total direct obligations	1,723	1,714	1,291
0801	Reimbursable program activity	1	1

0900	Total new obligations, unexpired accounts	1,724	1,715	1,291

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	27	27	29
1011	Unobligated balance transfer from other acct [016–0174]	1

1050	Unobligated balance (total)	28	27	29
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	930	928	500
	Advance appropriations, discretionary:
1170	Advance appropriation	791	789	791
	Spending authority from offsetting collections, discretionary:
1700	Collected	3
1701	Change in uncollected payments, Federal sources	–1

1750	Spending auth from offsetting collections, disc (total):	2
1900	Budget authority (total)	1,723	1,717	1,291
1930	Total budgetary resources available	1,751	1,744	1,320
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	27	29	29

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1,402	1,439	1,459
3010	New obligations, unexpired accounts	1,724	1,715	1,291
3020	Outlays (gross)	–1,682	–1,695	–1,740
3041	Recoveries of prior year unpaid obligations, expired	–5

3050	Unpaid obligations, end of year	1,439	1,459	1,010
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–1
3070	Change in uncollected pymts, Fed sources, unexpired	1
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1,401	1,439	1,459
3200	Obligated balance, end of year	1,439	1,459	1,010

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	1,723	1,717	1,291
	Outlays, gross:
4010	Outlays from new discretionary authority	570	598	579
4011	Outlays from discretionary balances	1,112	1,097	1,161

4020	Outlays, gross (total)	1,682	1,695	1,740
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–3
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	1

4070	Budget authority, net (discretionary)	1,721	1,717	1,291
4080	Outlays, net (discretionary)	1,679	1,695	1,740
4180	Budget authority, net (total)	1,721	1,717	1,291
4190	Outlays, net (total)	1,679	1,695	1,740


		2016 actual	2017 est.	2018 est.

Enacted/requested:
	Budget Authority	1,721	1,717	1,291
	Outlays	1,679	1,695	1,740
Legislative proposal, not subject to PAYGO:
	Budget Authority			186
	Outlays			9
Total:
	Budget Authority	1,721	1,717	1,477
	Outlays	1,679	1,695	1,749


	2016–17 Academic Year	2017–18 Academic Year	2018–19 Academic Year

New Budget Authority	$930	$926	$685
Advance Appropriation	789	791	791

Total program level	1,719	1,717	1,476

Change in advance appropriation over previous year	–2	+2	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 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.


Identification code 091–0400–0–1–501		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.1	Advisory and assistance services	7	1	1
25.2	Other services from non-Federal sources		21	50
25.3	Other goods and services from Federal sources		1	1
25.5	Research and development contracts	8
25.7	Operation and maintenance of equipment	2
41.0	Grants, subsidies, and contributions	1,707	1,692	1,239

99.9	Total new obligations, unexpired accounts	1,724	1,715	1,291


Identification code 091–0400–2–1–501		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Career and technical education State grants			159
0002	Career and technical education national programs			27

0900	Total new obligations, unexpired accounts (object class 41.0)			186

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation			186
1900	Budget authority (total)			186
1930	Total budgetary resources available			186

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			186
3020	Outlays (gross)			–9

3050	Unpaid obligations, end of year			177
	Memorandum (non-add) entries:
3200	Obligated balance, end of year			177

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross			186
	Outlays, gross:
4010	Outlays from new discretionary authority			9
4180	Budget authority, net (total)			186
4190	Outlays, net (total)			9

Career and technical education State grants.—Funds would support formula grants to States to expand and improve career and technical education (CTE) in high schools, technical schools, and community colleges.

Career and technical education national programs.—Funds would support research, development, demonstration, dissemination, evaluation, and assessment activities aimed at improving the quality and effectiveness of CTE. A portion of the funds would support a competition to promote innovation and reform in CTE.

Federal Funds

For carrying out, to the extent not otherwise provided, titles III, IV, V, and VII of the HEA, $1,537,033,000: Provided, 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.


Identification code 091–0201–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Strengthening institutions	87	86
0002	Strengthening tribally controlled colleges and universities	56	56	57
0003	Strengthening Alaska Native- and Native Hawaiian-serving institutions	29	28	29
0004	Strengthening historically Black colleges and universities (HBCUs)	324	323	329
0005	Strengthening historically Black graduate institutions	63	63	63
0007	Strengthening predominantly Black institutions	24	24	25
0008	Strengthening Asian American- and Native American Pacific Islander-serving institutions	8	8	8
0009	Strengthening Native American-serving nontribal institutions	7	8	8
0010	Minority science and engineering improvement	10	10	10

0091	Subtotal, aid for institutional development	608	606	529
0101	Developing Hispanic-serving institutions	108	108	108
0102	Developing Hispanic-serving institution STEM and articulation programs	92	93	100
0103	Promoting baccalaureate opportunities for Hispanic Americans	10	10	10
0104	International education and foreign language studies	72	72
0105	FIPSE/First in the World	1
0106	Model transition programs for students with intellectual disabilities into higher education	12	12	12
0107	Tribally controlled postsecondary career and technical institutions	8	8

0191	Subtotal, other aid for institutions	303	303	230
0201	Federal TRIO programs	900	898	808
0202	Gaining early awareness and readiness for undergraduate programs (GEAR UP)	323	322	219
0203	Graduate assistance in areas of national need	29	29	6
0204	Child care access means parents in school	15	15

0291	Subtotal, assistance for students	1,267	1,264	1,033
0301	Teacher quality partnership	43	43

0900	Total new obligations, unexpired accounts	2,221	2,216	1,792

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	1	1	121
1001	Discretionary unobligated balance brought fwd, Oct 1	1	1
1012	Unobligated balance transfers between expired and unexpired accounts	123	120	130

1050	Unobligated balance (total)	124	121	251
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	1,982	1,978	1,537
	Appropriations, mandatory:
1200	Appropriation	255	238	255
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–17

1260	Appropriations, mandatory (total)	238	238	255
1900	Budget authority (total)	2,220	2,216	1,792
1930	Total budgetary resources available	2,344	2,337	2,043
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–122
1941	Unexpired unobligated balance, end of year	1	121	251

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	3,116	3,190	3,147
3010	New obligations, unexpired accounts	2,221	2,216	1,792
3020	Outlays (gross)	–2,120	–2,259	–2,243
3041	Recoveries of prior year unpaid obligations, expired	–27

3050	Unpaid obligations, end of year	3,190	3,147	2,696
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	3,116	3,190	3,147
3200	Obligated balance, end of year	3,190	3,147	2,696

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	1,982	1,978	1,537
	Outlays, gross:
4010	Outlays from new discretionary authority	34	59	46
4011	Outlays from discretionary balances	1,790	1,891	1,930

4020	Outlays, gross (total)	1,824	1,950	1,976
	Mandatory:
4090	Budget authority, gross	238	238	255
	Outlays, gross:
4100	Outlays from new mandatory authority		7	8
4101	Outlays from mandatory balances	296	302	259

4110	Outlays, gross (total)	296	309	267
4180	Budget authority, net (total)	2,220	2,216	1,792
4190	Outlays, net (total)	2,120	2,259	2,243


		2016 actual	2017 est.	2018 est.

Enacted/requested:
	Budget Authority	2,220	2,216	1,792
	Outlays	2,120	2,259	2,243
Legislative proposal, not subject to PAYGO:
	Budget Authority			8
Total:
	Budget Authority	2,220	2,216	1,800
	Outlays	2,120	2,259	2,243

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.

Developing Hispanic-serving institutions.—Funds support Hispanic-serving institutions to help them improve and expand their capacity to serve students.

Developing Hispanic-serving institutions Science, Technology, Engineering, and Math 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.

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.

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.


Identification code 091–0201–0–1–502		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.2	Other services from non-Federal sources	4	5
25.3	Other goods and services from Federal sources	1	1
25.5	Research and development contracts	2	3	3
25.7	Operation and maintenance of equipment	2	1	2
41.0	Grants, subsidies, and contributions	2,212	2,206	1,787

99.9	Total new obligations, unexpired accounts	2,221	2,216	1,792


Identification code 091–0201–2–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0107	Tribally controlled postsecondary career and technical institutions			8

0900	Total new obligations, unexpired accounts (object class 41.0)			8

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation			8
1930	Total budgetary resources available			8

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			8

3050	Unpaid obligations, end of year			8
	Memorandum (non-add) entries:
3200	Obligated balance, end of year			8

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross			8
4180	Budget authority, net (total)			8
4190	Outlays, net (total)

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.

For partial support of Howard University, $221,399,000, 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.


Identification code 091–0603–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	General support	195	194	194
0002	Howard University Hospital	27	27	27

0900	Total new obligations (object class 41.0)	222	221	221

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	222	221	221
1930	Total budgetary resources available	222	221	221

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	4	5	3
3010	New obligations, unexpired accounts	222	221	221
3020	Outlays (gross)	–221	–223	–221

3050	Unpaid obligations, end of year	5	3	3
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	4	5	3
3200	Obligated balance, end of year	5	3	3

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	222	221	221
	Outlays, gross:
4010	Outlays from new discretionary authority	218	219	219
4011	Outlays from discretionary balances	3	4	2

4020	Outlays, gross (total)	221	223	221
4180	Budget authority, net (total)	222	221	221
4190	Outlays, net (total)	221	223	221

Howard University is a private, nonprofit institution of higher education consisting of 13 schools and colleges. Federal funds are used to provide partial support for University programs as well as for the Howard University Hospital, a teaching facility. In 2016, the Federal appropriation represented approximately 30 percent of the University's revenue and 10 percent of the Hospital's revenue.

For Federal administrative expenses to carry out activities related to existing facility loans pursuant to section 121 of the HEA, $434,000.

For the cost of guaranteed loans, $20,112,000, as authorized pursuant to part D of title III of the HEA, which shall remain available through September 30, 2019: 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 $313,513,000: 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, $333,000.


Identification code 091–0241–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0701	Direct loan subsidy	9	20	20
0705	Reestimates of direct loan subsidy	17	145
0706	Interest on reestimates of direct loan subsidy	5	56
0709	Administrative expenses		1	1

0900	Total new obligations (object class 41.0)	31	222	21

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	19	20	25
1001	Discretionary unobligated balance brought fwd, Oct 1	19	20
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	21	21	21
	Appropriations, mandatory:
1200	Appropriation	22	206
1900	Budget authority (total)	43	227	21
1930	Total budgetary resources available	62	247	46
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–11
1941	Unexpired unobligated balance, end of year	20	25	25

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	33	32	35
3010	New obligations, unexpired accounts	31	222	21
3020	Outlays (gross)	–23	–219	–17
3041	Recoveries of prior year unpaid obligations, expired	–9

3050	Unpaid obligations, end of year	32	35	39
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	33	32	35
3200	Obligated balance, end of year	32	35	39

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	21	21	21
	Outlays, gross:
4010	Outlays from new discretionary authority	1	5	5
4011	Outlays from discretionary balances		8	12

4020	Outlays, gross (total)	1	13	17
	Mandatory:
4090	Budget authority, gross	22	206
	Outlays, gross:
4100	Outlays from new mandatory authority	22	206
4180	Budget authority, net (total)	43	227	21
4190	Outlays, net (total)	23	219	17

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


Identification code 091–0241–0–1–502		2016 actual	2017 est.	2018 est.

	Direct loan levels supportable by subsidy budget authority:
115002	Historically Black Colleges and Universities	128	282	314

115999	Total direct loan levels	128	282	314
	Direct loan subsidy (in percent):
132002	Historically Black Colleges and Universities	6.67	7.14	6.42

132999	Weighted average subsidy rate	6.67	7.14	6.42
	Direct loan subsidy budget authority:
133002	Historically Black Colleges and Universities	9	20	20

133999	Total subsidy budget authority	9	20	20
	Direct loan subsidy outlays:
134002	Historically Black Colleges and Universities		9	9

134999	Total subsidy outlays		9	9
	Direct loan reestimates:
135002	Historically Black Colleges and Universities	17	–39
135003	HBCU Hurricane Supplemental	–13	185

135999	Total direct loan reestimates	4	146

	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 (HBCU) 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 five percent of each institution's principal is deposited. The Budget requests $20.1 million in new loan subsidies, allowing the program to guarantee an estimated $314 million in new loans in 2018. 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.


Identification code 091–0241–0–1–502		2016 actual	2017 est.	2018 est.

1001	Direct civilian full-time equivalent employment		3


Identification code 091–4252–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0713	Payment of interest to Treasury		1	1

0900	Total new obligations, unexpired accounts		1	1

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		1	1
	Financing authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	1	1	1
1930	Total budgetary resources available	1	2	2
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1	1	1

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts		1	1
3020	Outlays (gross)		–1	–1

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	1	1	1
	Financing disbursements:
4110	Outlays, gross (total)		1	1
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4123	Interest repayments	–1	–1	–1
4180	Budget authority, net (total)
4190	Outlays, net (total)	–1


Identification code 091–4252–0–3–502		2016 actual	2017 est.	2018 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	5	5	5

1290	Outstanding, end of year	5	5	5


Identification code 091–4252–0–3–502		2015 actual	2016 actual

	ASSETS:
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	5	5
1405	Allowance for subsidy cost (-)	–1	–1

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

1999	Total assets	4	4
	LIABILITIES:
2103	Federal liabilities: Debt	4	4

4999	Total liabilities and net position	4	4


Identification code 091–0242–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0713	Payment of interest to Treasury	3	4	4

0900	Total new obligations, unexpired accounts (object class 43.0)	3	4	4

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	1	1	1
	Spending authority from offsetting collections, mandatory:
1800	Collected	14	15	15
1820	Capital transfer of spending authority from offsetting collections to general fund	–8	–8	–8
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	New obligations, 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	1	4	4
4101	Outlays from mandatory balances	2

4110	Outlays, gross (total)	3	4	4
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4123	Non-Federal sources	–14	–15	–15
4180	Budget authority, net (total)	–11	–11	–11
4190	Outlays, net (total)	–11	–11	–11


Identification code 091–0242–0–1–502		2016 actual	2017 est.	2018 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	129	125	121
1251	Repayments: Repayments and prepayments	–4	–4	–4

1290	Outstanding, end of year	125	121	117

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.


Identification code 091–0242–0–1–502		2015 actual	2016 actual

	ASSETS:
1601	Direct loans, gross	129	125
1602	Interest receivable	2	3

1699	Value of assets related to direct loans	131	128

1999	Total assets	131	128
	LIABILITIES:
	Federal liabilities:
2103	Debt	26	21
2104	Resources payable to Treasury	105	107

2999	Total liabilities	131	128

4999	Total liabilities and net position	131	128


Identification code 091–4255–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0004	Interest paid to Treasury (FFB)	43	30	30
0005	Katrina Mod expenses	2

0091	Direct program activities, subtotal	45	30	30
	Credit program obligations:
0710	Direct loan obligations	128	282	314
0742	Downward reestimates paid to receipt accounts	3	42
0743	Interest on downward reestimates	14	14

0791	Direct program activities, subtotal	145	338	314

0900	Total new obligations, unexpired accounts	190	368	344

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	200	177	356
1023	Unobligated balances applied to repay debt	–6

1050	Unobligated balance (total)	194	177	356
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority	128	282	314
	Spending authority from offsetting collections, mandatory:
1800	Collected	137	310	104
1801	Change in uncollected payments, Federal sources	–22
1825	Spending authority from offsetting collections applied to repay debt	–70	–45	–45

1850	Spending auth from offsetting collections, mand (total)	45	265	59
1900	Budget authority (total)	173	547	373
1930	Total budgetary resources available	367	724	729
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	177	356	385

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	236	236	379
3010	New obligations, unexpired accounts	190	368	344
3020	Outlays (gross)	–190	–225	–190

3050	Unpaid obligations, end of year	236	379	533
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–22
3070	Change in uncollected pymts, Fed sources, unexpired	22
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	214	236	379
3200	Obligated balance, end of year	236	379	533

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	173	547	373
	Financing disbursements:
4110	Outlays, gross (total)	190	225	190
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Federal sources	–22	–210	–9
4122	Interest on uninvested funds	–8	–20	–20
4123	Interest repayments	–31	–30	–30
4123	Principal repayments	–76	–50	–45

4130	Offsets against gross budget authority and outlays (total)	–137	–310	–104
	Additional offsets against financing authority only (total):
4140	Change in uncollected pymts, Fed sources, unexpired	22

4160	Budget authority, net (mandatory)	58	237	269
4170	Outlays, net (mandatory)	53	–85	86
4180	Budget authority, net (total)	58	237	269
4190	Outlays, net (total)	53	–85	86


Identification code 091–4255–0–3–502		2016 actual	2017 est.	2018 est.

	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority	128	282	314

1150	Total direct loan obligations	128	282	314

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	1,383	1,435	1,503
1231	Disbursements: Direct loan disbursements	128	123	158
1251	Repayments: Repayments and prepayments	–76	–55	–55

1290	Outstanding, end of year	1,435	1,503	1,606

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 Historically Black College and University (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.


Identification code 091–4255–0–3–502		2015 actual	2016 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	151	150
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	1,383	1,435
1402	Interest receivable	9	12
1405	Allowance for subsidy cost (-)	–151	–150

1499	Net present value of assets related to direct loans	1,241	1,297

1999	Total assets	1,392	1,447
	LIABILITIES:
	Federal liabilities:
2102	Interest payable	9	12
2103	Debt	1,383	1,435

2999	Total liabilities	1,392	1,447

4999	Total liabilities and net position	1,392	1,447

Federal Funds

For carrying out subpart 1 of part A, and part C of title IV of the HEA, $22,932,626,000, which shall remain available through September 30, 2019.

The maximum Pell Grant for which a student shall be eligible during award year 2018–2019 shall be $4,860.


Identification code 091–0200–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0101	Federal Pell grants	29,106	29,143	29,549
0201	Federal supplemental educational opportunity grants (SEOG)	733	732
0202	Federal work-study	990	988	500

0291	Campus-based activities - Subtotal	1,723	1,720	500

0900	Total new obligations (object class 41.0)	30,829	30,863	30,049

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	10,431	8,669	9,102
1001	Discretionary unobligated balance brought fwd, Oct 1	10,431	7,095
1021	Recoveries of prior year unpaid obligations	28

1050	Unobligated balance (total)	10,459	8,669	9,102
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	24,198	24,153	22,933
1131	Unobligated balance of appropriations permanently reduced			–3,900

1160	Appropriation, discretionary (total)	24,198	24,153	19,033
	Appropriations, mandatory:
1200	Appropriation	4,841	7,143	7,056
1900	Budget authority (total)	29,039	31,296	26,089
1930	Total budgetary resources available	39,498	39,965	35,191
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	8,669	9,102	5,142

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	18,568	19,450	22,093
3010	New obligations, unexpired accounts	30,829	30,863	30,049
3011	Obligations ("upward adjustments"), expired accounts	89
3020	Outlays (gross)	–29,882	–28,220	–27,342
3040	Recoveries of prior year unpaid obligations, unexpired	–28
3041	Recoveries of prior year unpaid obligations, expired	–126

3050	Unpaid obligations, end of year	19,450	22,093	24,800
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	18,568	19,450	22,093
3200	Obligated balance, end of year	19,450	22,093	24,800

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	24,198	24,153	19,033
	Outlays, gross:
4010	Outlays from new discretionary authority	3,054	3,103	2,931
4011	Outlays from discretionary balances	20,800	18,680	17,782

4020	Outlays, gross (total)	23,854	21,783	20,713
	Mandatory:
4090	Budget authority, gross	4,841	7,143	7,056
	Outlays, gross:
4100	Outlays from new mandatory authority	2,078	2,486	1,807
4101	Outlays from mandatory balances	3,950	3,951	4,822

4110	Outlays, gross (total)	6,028	6,437	6,629
4180	Budget authority, net (total)	29,039	31,296	26,089
4190	Outlays, net (total)	29,882	28,220	27,342


Identification code 091–0200–0–1–502		2016 actual	2017 est.	2018 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	347	383	396
1251	Repayments: Repayments and prepayments	–38	–34	–35
1264	Write-offs for default: Other adjustments, net (+ or -)	74	47	46

1290	Outstanding, end of year	383	396	407

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 7.6 million awards totaling more than $29.3 billion in available aid in award year 2017–2018.

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 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 2018, over 7.2 million undergraduates will receive up to $4,860 from the discretionary award and an additional $1,060 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 2018 Budget request includes $22.4 billion in discretionary funding for Pell Grants in 2018, which, when combined with mandatory funding, will support a projected maximum award of $5,920.

The Budget supports year-round Pell Grant eligibility to allow students the opportunity to earn a third semester of Pell Grant support—up to an additional 50 percent of their regular Pell Grant award—during an award year in which they have exhausted their eligibility and enroll in additional coursework, ensuring that students can accelerate their studies and enter the workforce on time.

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 2018 Budget proposes to eliminate this program, since it is largely duplicative of the Pell Grant program while at the same time delivering need-based aid in a much less targeted way.

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 seven percent of their total funds for students employed in community service jobs. The 2018 Budget includes $500.0 million for Work-Study, which would generate $553.7 million in aid to 332,600 students. The President's 2018 Budget proposes to reform the poorly targeted Work Study program to ensure funds go to undergraduate students who would benefit most.

Federal Perkins loans.—Institutions award low-interest loans from institutional revolving funds, which comprise 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 was authorized through September 30, 2017 by the Federal Perkins Loan Program Extension Act of 2015. The program will no longer be authorized beginning in fiscal year 2018 and no new loans will be disbursed.

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. Grants are equal to the maximum Pell Grant for a given award year, which is $5,920 for the 2017–2018 award year.

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 2018 data in these tables reflect the Administration's Budget proposals.

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


	2016	2017	2018

Pell grants	$26,861,935	$26,899,285	$28,806,595
Student loans:

Subsidized Stafford loans	22,423,476	22,564,588	14,527,755
Unsubsidized Stafford loans (Undergraduates)	23,553,227	24,007,177	34,802,893
Unsubsidized Stafford loans (Graduate students)	27,089,724	27,643,355	29,636,572
Unsubsidized Stafford loans (total)	50,642,951	51,650,532	64,439,464
Parent PLUS loans	12,934,325	13,342,751	14,307,688
Grad PLUS loans	9,461,308	9,891,181	11,485,771
PLUS loans (total)	22,395,632	23,233,931	25,793,459
Consolidation	45,633,297	46,927,103	48,200,819
Perkins loans	782,230	782,230	0

Student loans, subtotal	141,877,586	145,158,384	152,961,497
Work-study	1,096,080	1,093,997	553,728
Supplemental educational opportunity grants	992,875	990,987	0
Iraq and Afghanistan service grants	432	484	559
TEACH grants	91,000	92,804	101,173

Total aid available	170,919,908	174,235,941	182,423,553


	2016	2017	2018

Pell grants	7,213	7,143	7,281
Subsidized Stafford loans	6,894	6,934	4,081
Unsubsidized Stafford loans (Undergraduates)	6,940	7,009	7,868
Unsubsidized Stafford loans (Graduate students)	1,918	1,945	2,031
Parent PLUS loans	1,005	1,020	1,070
Grad PLUS loans	562	572	620
Consolidation loans	813	821	826
Perkins loans	316	253	0
Work-study	635	634	333
Supplemental educational opportunity grants	1,530	1,527	0
Iraq and Afghanistan service grants	01	01	01
TEACH grants	32	32	33

Total awards	27,859	27,891	24,143


	2016	2017	2018

Pell grants	3,724	3,766	3,956
Subsidized Stafford loans	3,252	3,254	3,560
Unsubsidized Stafford loans (Undergraduates)	3,394	3,425	4,423
Unsubsidized Stafford loans (Graduate students)	14,121	14,211	14,591
Parent PLUS loans	12,865	13,087	13,366
Grad PLUS loans	16,832	17,285	18,522
Consolidation loans	56,103	57,141	58,327
Perkins loans	2,479	3,086	0
Work-study	1,726	1,726	1,665
Supplemental educational opportunity grants	649	649	0
Iraq and Afghanistan service grants	4,909	4,990	5,375
TEACH grants	2,885	2,885	3,084


	2016	2017	2018

Unduplicated student count	11,869	11,899	12,220


	2016	2017	2018

Pell grants	36,065	35,715	36,405
Work-study	48,621	48,528	24,563
Supplemental educational opportunity grants	14,524	14,496	0
Perkins loans	36,428	36,428	0

For Federal administrative expenses to carry out part D of title I, and subparts 1, 3, 9, and 10 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, $1,697,711,000, to remain available through September 30, 2019.


Identification code 091–0202–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Student aid administration	735	694	680
0002	Discretionary servicing activities	838	857	1,018

0900	Total new obligations, unexpired accounts	1,573	1,551	1,698

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	2	2
1001	Discretionary unobligated balance brought fwd, Oct 1	2
1021	Recoveries of prior year unpaid obligations	23

1050	Unobligated balance (total)	25	2
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	1,552	1,549	1,698
1900	Budget authority (total)	1,552	1,549	1,698
1930	Total budgetary resources available	1,577	1,551	1,698
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–2
1941	Unexpired unobligated balance, end of year	2

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	692	728	914
3010	New obligations, unexpired accounts	1,573	1,551	1,698
3020	Outlays (gross)	–1,510	–1,365	–1,555
3040	Recoveries of prior year unpaid obligations, unexpired	–23
3041	Recoveries of prior year unpaid obligations, expired	–4

3050	Unpaid obligations, end of year	728	914	1,057
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	692	728	914
3200	Obligated balance, end of year	728	914	1,057

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	1,552	1,549	1,698
	Outlays, gross:
4010	Outlays from new discretionary authority	930	854	924
4011	Outlays from discretionary balances	580	511	631

4020	Outlays, gross (total)	1,510	1,365	1,555
4180	Budget authority, net (total)	1,552	1,549	1,698
4190	Outlays, net (total)	1,510	1,365	1,555

The Department of Education manages Federal student aid programs that will provide nearly $134 billion in new Federal student aid grants and loans (excluding Direct Consolidation Loans) to 12.2 million students and parents in 2018. 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 the 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.

The 2018 Budget includes $681 million for student aid administration activities and $1.017 billion for loan servicing activities, for a total of $1.698 billion in discretionary budget authority. Administrative functions supported by these discretionary funds include: maintaining operations for student aid application processing, origination, disbursement functions, and student aid information technology system hosting; servicing the Department's loan portfolio; and enhancing security across applications.

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 2018 have increased over past years and will continue to do so, as the Direct Loan program's total number of borrowers continue to increase and as the portfolio shifts with borrowers moving from in-school to more expensive in-repayment status.


Identification code 091–0202–0–1–502		2016 actual	2017 est.	2018 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	157	173	171
11.3	Other than full-time permanent	2	1
11.5	Other personnel compensation	2	2	1

11.9	Total personnel compensation	161	176	172
12.1	Civilian personnel benefits	50	54	54
21.0	Travel and transportation of persons	2	1	2
23.1	Rental payments to GSA	20	20	20
24.0	Printing and reproduction	1	1	3
25.1	Advisory and assistance services	6		1
25.2	Other services from non-Federal sources	942	942	1,066
25.3	Other goods and services from Federal sources	32	32	30
25.7	Operation and maintenance of equipment	359	325	350

99.9	Total new obligations, unexpired accounts	1,573	1,551	1,698


Identification code 091–0202–0–1–502		2016 actual	2017 est.	2018 est.

1001	Direct civilian full-time equivalent employment	1,453	1,555	1,524


Identification code 091–0206–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0701	Direct loan subsidy	14	15	25
0705	Reestimates of direct loan subsidy	3	121
0706	Interest on reestimates of direct loan subsidy		18

0900	Total new obligations (object class 41.0)	17	154	25

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation (indefinite) - Loan subsidy	15	15	25
1200	Appropriation (indefinite) - Upward reestimate	3	139
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–1

1260	Appropriations, mandatory (total)	17	154	25
1930	Total budgetary resources available	17	154	25

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	5	5	7
3010	New obligations, unexpired accounts	17	154	25
3020	Outlays (gross)	–16	–152	–20
3041	Recoveries of prior year unpaid obligations, expired	–1

3050	Unpaid obligations, end of year	5	7	12
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	5	5	7
3200	Obligated balance, end of year	5	7	12

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	17	154	25
	Outlays, gross:
4100	Outlays from new mandatory authority	12	148	16
4101	Outlays from mandatory balances	4	4	4

4110	Outlays, gross (total)	16	152	20
4180	Budget authority, net (total)	17	154	25
4190	Outlays, net (total)	16	152	20

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


Identification code 091–0206–0–1–502		2016 actual	2017 est.	2018 est.

	Direct loan levels supportable by subsidy budget authority:
115001	TEACH Grants	105	100	109
	Direct loan subsidy (in percent):
132001	TEACH Grants	13.05	14.97	22.60

132999	Weighted average subsidy rate	13.05	14.97	22.60
	Direct loan subsidy budget authority:
133001	TEACH Grants	14	15	25
	Direct loan subsidy outlays:
134001	TEACH Grants	13	13	20
	Direct loan reestimates:
135001	TEACH Grants	–2	138

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.


Identification code 091–4290–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0401	Payment contract collection costs	1	1	1
	Credit program obligations:
0710	Direct loan obligations	105	100	109
0713	Payment of interest to Treasury	22	19	16
0742	Downward reestimates paid to receipt accounts	5

0791	Direct program activities, subtotal	132	119	125

0900	Total new obligations, unexpired accounts	133	120	126

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	2	3
1021	Recoveries of prior year unpaid obligations	7	4	6
1023	Unobligated balances applied to repay debt	–5	–3
1024	Unobligated balance of borrowing authority withdrawn	–4	–4	–6
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority	100	86	86
	Spending authority from offsetting collections, discretionary:
1701	Change in uncollected payments, Federal sources			3
	Spending authority from offsetting collections, mandatory:
1800	Collected	58	215	87
1825	Spending authority from offsetting collections applied to repay debt	–22	–181	–50

1850	Spending auth from offsetting collections, mand (total)	36	34	37
1900	Budget authority (total)	136	120	126
1930	Total budgetary resources available	136	120	126
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	3

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	59	67	70
3010	New obligations, unexpired accounts	133	120	126
3020	Outlays (gross)	–118	–113	–118
3040	Recoveries of prior year unpaid obligations, unexpired	–7	–4	–6

3050	Unpaid obligations, end of year	67	70	72
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–4	–4	–4
3070	Change in uncollected pymts, Fed sources, unexpired			–3

3090	Uncollected pymts, Fed sources, end of year	–4	–4	–7
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	55	63	66
3200	Obligated balance, end of year	63	66	65

	Financing authority and disbursements, net:
	Discretionary:
4000	Budget authority, gross			3
	Additional offsets against gross financing authority only:
4050	Change in uncollected pymts, Fed sources, unexpired			–3
	Mandatory:
4090	Budget authority, gross	136	120	123
	Financing disbursements:
4110	Outlays, gross (total)	118	113	118
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Upward Reestimate	–3	–138
4120	Subsidy from Program Account	–13	–13	–20
4122	Interest on uninvested funds	–3
4123	Payment of Principal	–31	–57	–59
4123	Interest Received	–8	–7	–8

4130	Offsets against gross budget authority and outlays (total)	–58	–215	–87

4160	Budget authority, net (mandatory)	78	–95	36
4170	Outlays, net (mandatory)	60	–102	31
4180	Budget authority, net (total)	78	–95	36
4190	Outlays, net (total)	60	–102	31


Identification code 091–4290–0–3–502		2016 actual	2017 est.	2018 est.

	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority	105	100	109

1150	Total direct loan obligations	105	100	109

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	641	698	734
1231	Disbursements: Direct loan disbursements	88	92	99
1251	Repayments: Repayments and prepayments	–31	–56	–59

1290	Outstanding, end of year	698	734	774

As required by the Federal Credit Reform Act of 1990, this nonbudgetary account records all cash flows to and from the Government resulting from the TEACH Grant program. Amounts in this account are a means of financing and are not included in the budget totals.


Identification code 091–4290–0–3–502		2015 actual	2016 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	16	23
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	641	698
1402	Interest receivable	97	101
1405	Allowance for subsidy cost (-)	–108	–109

1499	Net present value of assets related to direct loans	630	690

1999	Total assets	646	713
	LIABILITIES:
	Federal liabilities:
2101	Accounts payable
2103	Debt	646	713

2999	Total liabilities	646	713

4999	Total liabilities and net position	646	713


Identification code 091–5557–0–2–502		2016 actual	2017 est.	2018 est.

0100	Balance, start of year	1	1	1
	Receipts:
	Current law:
1130	Student Financial Assistance Debt Collection	9	10	10

2000	Total: Balances and receipts	10	11	11
	Appropriations:
	Current law:
2101	Student Financial Assistance Debt Collection	–9	–10	–10
2103	Student Financial Assistance Debt Collection	–1
2132	Student Financial Assistance Debt Collection	1

2199	Total current law appropriations	–9	–10	–10

2999	Total appropriations	–9	–10	–10

5099	Balance, end of year	1	1	1


Identification code 091–5557–0–2–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Student Financial Assistance Debt Collection	1	3	3

0900	Total new obligations (object class 25.2)	1	3	3

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	14	12	10
1022	Capital transfer of unobligated balances to general fund	–9	–9	–7

1050	Unobligated balance (total)	5	3	3
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	9	10	10
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)	8	10	10
1930	Total budgetary resources available	13	13	13
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	12	10	10

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1	1	1
3010	New obligations, unexpired accounts	1	3	3
3020	Outlays (gross)	–1	–3	–3

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	8	10	10
	Outlays, gross:
4101	Outlays from mandatory balances	1	3	3
4180	Budget authority, net (total)	8	10	10
4190	Outlays, net (total)	1	3	3


Identification code 091–4257–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0102	Obligations, non-Federal	8,970	7,475	6,702

0900	Total new obligations (object class 42.0)	8,970	7,475	6,702

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	1,561	1,196	1,718
	Budget authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	8,612	7,997	7,170
1820	Capital transfer of spending authority from offsetting collections to general fund	–7

1850	Spending auth from offsetting collections, mand (total)	8,605	7,997	7,170
1930	Total budgetary resources available	10,166	9,193	8,888
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1,196	1,718	2,186

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		1
3010	New obligations, unexpired accounts	8,970	7,475	6,702
3020	Outlays (gross)	–8,969	–7,476	–6,702

3050	Unpaid obligations, end of year	1
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		1
3200	Obligated balance, end of year	1

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	8,605	7,997	7,170
	Outlays, gross:
4100	Outlays from new mandatory authority	8,605	7,409	6,643
4101	Outlays from mandatory balances	364	67	59

4110	Outlays, gross (total)	8,969	7,476	6,702
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4120	Federal sources	–8,332	–7,409	–6,643
4123	Non-Federal sources	–280	–588	–527

4130	Offsets against gross budget authority and outlays (total)	–8,612	–7,997	–7,170

4160	Budget authority, net (mandatory)	–7
4170	Outlays, net (mandatory)	357	–521	–468
4180	Budget authority, net (total)	–7
4190	Outlays, net (total)	357	–521	–468

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 Consolidated Appropriations Act, 2016, increased guaranty agency reinsurance payments from 95 percent of the face value of loans to 100 percent. The following schedule reflects the balances in these guaranty agency funds.


Identification code 091–4257–0–3–502		2015 actual	2016 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	1,561	1,196

1999	Total assets	1,561	1,196
	NET POSITION:
3300	Cumulative results of operations	1,561	1,196

4999	Total liabilities and net position	1,561	1,196


Identification code 091–0243–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0701	Direct loan subsidy		1,609
0703	Subsidy for modifications of direct loans		364
0705	Reestimates of direct loan subsidy	8,646	28,842
0706	Interest on reestimates of direct loan subsidy	1,232	6,578

0900	Total new obligations (object class 41.0)	9,878	37,393

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation (indefinite)	9,878	37,393
1930	Total budgetary resources available	9,878	37,393

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	6	6	1
3010	New obligations, unexpired accounts	9,878	37,393
3020	Outlays (gross)	–9,878	–37,398	–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	9,878	37,393
	Outlays, gross:
4100	Outlays from new mandatory authority	9,878	37,393
4101	Outlays from mandatory balances		5	1

4110	Outlays, gross (total)	9,878	37,398	1
4180	Budget authority, net (total)	9,878	37,393
4190	Outlays, net (total)	9,878	37,398	1

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


Identification code 091–0243–0–1–502		2016 actual	2017 est.	2018 est.

	Direct loan levels supportable by subsidy budget authority:
115001	Stafford	27,022	25,739	26,558
115002	Unsubsidized Stafford	60,598	59,514	64,196
115003	PLUS	22,103	24,347	27,056
115004	Consolidation	45,917	46,936	48,210

115999	Total direct loan levels	155,640	156,536	166,020
	Direct loan subsidy (in percent):
132001	Stafford	4.98	8.76	8.20
132002	Unsubsidized Stafford	–17.14	–8.97	–9.94
132003	PLUS	–28.36	–25.54	–27.98
132004	Consolidation	13.38	15.64	13.86

132999	Weighted average subsidy rate	–5.89	–1.25	–3.07
	Direct loan subsidy budget authority:
133001	Stafford	1,346	2,255	2,178
133002	Unsubsidized Stafford	–10,386	–5,338	–6,381
133003	PLUS	–6,268	–6,218	–7,570
133004	Consolidation	6,144	7,341	6,682

133999	Total subsidy budget authority	–9,164	–1,960	–5,091
	Direct loan subsidy outlays:
134001	Stafford	2,355	1,794	1,927
134002	Unsubsidized Stafford	–13,671	–6,435	–5,299
134003	PLUS	–8,492	–6,148	–6,778
134004	Consolidation	14,112	7,489	6,684
134005	Federal Direct Student Loans		364

134999	Total subsidy outlays	–5,696	–2,936	–3,466
	Direct loan reestimates:
135005	Federal Direct Student Loans	7,693	28,430

135999	Total direct loan reestimates	7,693	28,430

	Administrative expense data:
3580	Outlays from balances		5	1

The Federal Government has two major student loan programs: the Federal Family Education Loan (FFEL) program and the William D. Ford Federal Direct Loan (Direct Loan) program. The Student Aid and Fiscal Responsibility Act eliminated the authorization to originate new FFEL loans; as of July 1, 2010, 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 guaranteed almost $899 billion in loans to postsecondary students and their parents. Although no new FFEL loans have been originated since July 1, 2010, $232 billion of outstanding FFEL loans continue to be serviced by lenders and guaranty agencies. The 2018 Budget proposes to eliminate the payment of Account Maintenance Fees to guaranty agencies.

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 and not-for-profit loan servicers under performance-based contracts with the Department. The Direct Loan program began operation in award year 1994–1995, originating seven percent of overall loan volume. In 2018, excluding Consolidation Loans, the Direct Loan program will make $104.8 billion in new loans available.

The Direct Loan program offers four types of loans: Subsidized Stafford; Unsubsidized Stafford; PLUS; and Consolidation. Loans can be used for qualified educational expenses. 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. The Bipartisan Student Loan Certainty Act of 2013 changed how student loan interest rates are set. The rates are set annually for loans originated in the upcoming award year based on the 10-year Treasury note; 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 award year 2016–2017 have an interest rate of 3.76 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 award year 2016–2017 have an interest rate of 5.31 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 award year 2016–2017 have an interest rate of 6.31 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, 2015, 2016 and 2017. The base origination fee for PLUS loans is four percent, but has included an additional surcharge in 2013, 2014, 2015, 2016 and 2017.

Borrowers may choose from four basic types of repayment plans: standard; graduated; extended (available for qualified borrowers who have outstanding loans of more than $30,000); and income-driven. FFEL borrowers may change repayment plans annually. Direct Loan borrowers may switch between repayment plans at any time. The maximum repayment period is 10 years for standard and graduated plans, as well as the income-sensitive repayment plan that is available only for FFEL loans. Under the current income-driven administrative Pay As You Earn (PAYE) and statutory Income-Based-Repayment (IBR) plans, for new borrowers after 2014, the repayment period is 20 years. Under the current income-driven administrative Revised PAYE plan, the repayment period is 20 or 25 years depending on whether the borrower has any graduate school loans. And, under the extended, former IBR (for borrowers prior to 2014), and income-contingent repayment plans, the maximum time is 25 years. PAYE and IBR require partial financial hardship in order to qualify for reduced payments and borrowers in those plans have their monthly payments 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.

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, qualifying borrowers who have worked for 10 years in the public sector and made 120 qualifying monthly 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 Direct Loan borrowers, regardless of when they took out their loans.

The 2018 Budget would replace the five current Income Driven repayment (IDR) plans with one new single IDR plan to make choosing a repayment plan less complex. The new IDR plan would become the only income-driven repayment plan for borrowers who originate their first loan on or after July 1, 2018, with an exception for students who borrowed their first loans prior to July 1, 2018 and who are borrowing to complete their current course of study. The single IDR plan would: cap payments at 12.5% of discretionary monthly income while eliminating the standard repayment cap; limit loan payments to 15 years for borrowers with undergraduate debt only and 30 years for borrowers with any graduate debt—any remaining amounts owed after these repayment periods would be forgiven; calculate payments for married borrowers filing separately on the combined household Adjusted Gross Income; and eliminate Public Service Loan Forgiveness. The 2018 Budget would also eliminate Subsidized Stafford loans. As with the single IDR plan, this policy would apply to loans originated on or after July 1, 2018, with an exception for students continuing to borrow to complete their current course of study.

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


	2016 actual	2017 est.	2018 est.

PROGRAM COST:
FFEL:
Liquidating1	($174,503)	($243,075)	($215,075)
Program:
Net Reestimate of Prior Year Costs	(1,226,278)	10,785,834	0
Net Modification2	151,588	0	(443,409)

Subtotal, Program	(1,074,691)	10,785,834	(443,409)

Total, FFEL	(1,249,194)	10,542,759	(658,484)
Direct Loans:
Program:
New Loan Subsidies	(9,165,366)	(1,961,127)	(10,662,798)
Net Reestimate of Prior Year Costs	7,693,290	28,430,232	0
Net Modification3	0	364,394	0

Total, Direct Loans	(1,472,077)	26,833,498	(10,662,798)

Total, FFEL and Direct Loans	(2,721,270)	37,376,257	(11,321,281)
PROGRAM COST OUTLAYS:
FFEL:
Liquidating1	(290,144)	(243,075)	(215,075)
Program:
Net Reestimate of Prior Year Costs	(1,226,278)	10,785,834	0
Net Modification2	151,588	0	(443,409)

Subtotal, Program	(1,074,691)	10,785,834	(443,409)

Total, FFEL	(1,364,835)	10,542,759	(658,484)
Direct Loans:
Program:
Regular	(5,696,466)	(3,300,632)	(7,061,037)
Net Reestimate of Prior Year Costs	7,693,290	28,430,232	0
Net Modification3	0	364,394	0

Total, Direct Loans	1,996,823	25,493,994	(7,061,037)

Total, FFEL and Direct Loans	631,989	36,036,753	(7,719,520)


	2016 est.	2017 est.	2018 est.

Direct Loans:
Stafford	21.67	21.72	17.81
Unsubsidized Stafford
Undergraduate	23.96	23.99	25.86
Graduate/Professional	5.82	5.83	5.85
PLUS
Parent PLUS	7.91	7.89	7.91
Grad PLUS	5.75	5.75	5.77
Consolidation	19.18	18.89	18.46

Weighted Average, Direct Loans	15.87	15.76	15.70

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.


	2016 actual	2017 est.	2018 est.

FFEL:
Payments to lenders:
Interest benefits	$1,007,797	$192,895	$129,404
Special allowance payments1	(3,502,716)	(1,767,489)	(972,619)
Default claims	7,101,884	4,943,405	4,313,597
Loan discharges	1,722,788	1,065,314	827,739
Teacher loan forgiveness	104,078	30,496	5,221

Administrative payments to guaranty agencies	142,919	136,577	0

Fees paid to the Department of Education:
Loan holder fees	(1,463,919)	(706,538)	(544,667)
Other Major Transactions:
Net default collections	(9,623,919)	(8,469,986)	(7,593,228)
Contract collection costs	42,854	76,104	83,363
Federal administrative costs	33,540	35,218	40,680

Net Cash Flow, FFEL	(4,434,958)	(4,464,004)	(3,710,510)
Ensuring Continued Access to Student Loans (ECASLA):
Inflows	(11,968,494)	(15,491,436)	(12,047,809)
Outflows	10,697,733	15,491,436	12,047,809
Federal administrative costs	142,547	149,675	172,890

Net Cash Flow, ECASLA	(1,128,214)	149,675	172,890
Direct Loans:
Loan disbursements to borrowers	140,527,536	143,437,289	150,983,835
Borrower interest payments	(14,469,296)	(18,598,606)	(22,757,049)
Borrower principal payments	(53,824,034)	(54,788,717)	(67,155,101)
Borrower origination fees	(1,685,088)	(1,772,163)	(1,813,878)
Net default collections	(3,197,461)	(7,106,554)	(7,992,352)
Contract collection costs	629,339	1,334,344	1,447,796
Federal administrative costs	686,868	821,742	930,389

Net operating cash flows	68,667,864	63,327,334	53,643,639
Loan capital borrowings from Treasury	(140,527,536)	(143,437,289)	(150,983,835)
Net interest payments to Treasury	26,560,447	27,610,918	29,560,075
Principal payments to Treasury	52,229,116	88,987,934	68,583,552

Subtotal, Treasury activity	(61,737,942)	(26,838,438)	(52,840,209)

Net Cash Flow, Direct Loans	6,929,921	36,488,897	803,430

Student Loan Program Costs: Analysis of Direct Loans Including Program and Administrative Expenses (expressed as percentages)


	2016 actual	2017 est.	2018 est.

Direct Loans:
New Loans:
Stafford	12.17	8.76	4.40
Unsubsidized Stafford
Undergraduate	1.70	–5.54	- 8.58
Graduate/Professional	–5.53	–11.95	–17.78
PLUS
Parent PLUS	–23.00	–32.84	–31.49
Grad PLUS	–16.09	–15.69	–27.47

Subtotal, new loan subsidy	–2.63	- 8.43	–14.27

Federal administrative costs	1.70	1.70	1.70

Subtotal, new loans	–0.93	- 6.73	–12.57

Consolidation Loans
Loan subsidy	3.01	15.64	12.86
Federal administrative costs	0.38	0.38	0.38

Subtotal, consolidation loans	3.39	16.02	13.24

New and Consolidation Loans
Loan subsidy	–0.95	–1.21	–6.39
Federal administrative costs	1.45	1.45	1.45

Total, Direct Loans	0.50	0.24	–4.94

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.


	FFEL	Direct Loans

Original Subsidy Costs	+$77.1	-$111.0
Cumulative Reestimates	-$51.0	+$47.4
Net Subsidy Costs	+$26.1	-$63.6
Total Disbursements	+$898.7	+$1,213.5

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, updates to the collections on defaults assumption had a significant impact on both programs. For Direct Loans, several other assumptions were reestimated that contributed to the large upward reestimate, including Death, Disability, and Bankruptcy rates, and updates to reflect the increased number of borrowers enrolled in income-driven plans. Model assumptions affecting the 2016 cohort were also updated. These technical assumptions were not updated in the 2017 Budget due to the requirement in the Federal Credit Reform Act that estimates be based on current assumptions, as defined in section 250(c)(9) of the Balanced Budget and Emergency Deficit Control Act of 1985.


Subsidies by Repayment Option	2016 actual1	2017 est.	2018 est.

Stafford:
Standard	10.11	6.41	4.42
Extended	7.54	2.57	–1.35
Graduated	8.73	3.96	–0.25
IDR2	24.28	24.72	8.13
Unsubsidized Stafford:
Standard	- 9.23	–16.74	–16.45
Extended	–20.42	–32.68	–34.40
Graduated	–17.09	–27.82	–30.35
IDR	24.07	24.37	8.12
PLUS:
Standard	–23.65	–31.09	–31.76
Extended	–36.05	–47.71	–51.51
Graduated	–36.26	–47.40	–52.19
IDR	20.92	21.08	4.73
Consolidated:
Standard	–31.54	–14.34	–15.61
Extended	–38.79	–20.87	–21.33
Graduated	–38.80	–20.19	–20.95
IDR	19.22	28.70	26.24


Volumes by Repayment Option	2016 actual1	2017 est.	2018 est.

Stafford:
Standard	$18,363	$19,204	$11,284
Extended	454	269	344
Graduated	2,725	2,586	1,854
IDR2	4,036	3,680	2,779
Unsubsidized Stafford:
Standard	35,100	37,186	46,386
Extended	2,196	2,063	2,573
Graduated	6,497	6,536	8,111
IDR	14,561	13,729	17,423
PLUS:
Standard	18,282	16,187	20,908
Extended	688	1,199	798
Graduated	1,835	2,945	2,127
IDR	2,654	4,016	3,322
Consolidated:
Standard	9,580	9,145	10,152
Extended	1,445	1,601	1,545
Graduated	2,927	2,860	3,109
IDR	31,689	33,330	33,403

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


Identification code 091–0243–4–1–502		2016 actual	2017 est.	2018 est.

	Direct loan levels supportable by subsidy budget authority:
115001	Stafford			–10,297
115002	Unsubsidized Stafford			10,297
	Direct loan subsidy (in percent):
132001	Stafford	0.00	0.00	–3.80
132002	Unsubsidized Stafford	0.00	0.00	–2.87
132003	PLUS	0.00	0.00	–1.72
132004	Consolidation	0.00	0.00	–1.00

132999	Weighted average subsidy rate	0.00	0.00	–3.36
	Direct loan subsidy budget authority:
133001	Stafford			–1,462
133002	Unsubsidized Stafford			–3,162
133003	PLUS			–465
133004	Consolidation			–482

133999	Total subsidy budget authority			–5,571
	Direct loan subsidy outlays:
134001	Stafford			–902
134002	Unsubsidized Stafford			–1,927
134003	PLUS			–286
134004	Consolidation			–480

134999	Total subsidy outlays			–3,595


Identification code 091–4253–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0301	Consolidation loans-Payment of Orig. Services	25	126	127
0401	Payment of contract collection costs	630	1,335	1,447
	Credit program obligations:
0710	Direct loan obligations	155,640	156,536	166,020
0713	Payment of interest to Treasury	30,503	27,611	29,446
0740	Negative subsidy obligations	9,165	1,960	5,091
0742	Downward reestimates paid to receipt accounts	1,471	6,693
0743	Interest on downward reestimates	714	296

0791	Direct program activities, subtotal	197,493	193,096	200,557

0900	Total new obligations, unexpired accounts	198,148	194,557	202,131

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	5,481	5,000	1
1021	Recoveries of prior year unpaid obligations	20,150	20,553	20,964
1023	Unobligated balances applied to repay debt	–10,406	–5,000
1024	Unobligated balance of borrowing authority withdrawn	–13,857	–20,553	–20,964
1033	Recoveries of prior year paid obligations	3

1050	Unobligated balance (total)	1,371		1
	Financing authority:
	Appropriations, mandatory:
1200	Appropriation		10
	Borrowing authority, mandatory:
1400	Borrowing authority	167,012	163,877	171,111
	Spending authority from offsetting collections, mandatory:
1800	Collected	86,994	119,659	99,689
1825	Spending authority from offsetting collections applied to repay debt	–52,229	–88,988	–68,668

1850	Spending auth from offsetting collections, mand (total)	34,765	30,671	31,021
1900	Budget authority (total)	201,777	194,558	202,132
1930	Total budgetary resources available	203,148	194,558	202,133
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	5,000	1	2

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	75,629	74,418	64,014
3010	New obligations, unexpired accounts	198,148	194,557	202,131
3020	Outlays (gross)	–179,209	–184,408	–185,458
3040	Recoveries of prior year unpaid obligations, unexpired	–20,150	–20,553	–20,964

3050	Unpaid obligations, end of year	74,418	64,014	59,723
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	75,629	74,418	64,014
3200	Obligated balance, end of year	74,418	64,014	59,723

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	201,777	194,558	202,132
	Financing disbursements:
4110	Outlays, gross (total)	179,209	184,408	185,458
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Upward reestimate	–8,647	–28,842
4120	Upward reestimate, interest	–1,231	–6,578
4120	Upward Modification		–364
4120	Program subsidy		–1,609
4122	Interest on uninvested funds	–3,943
4123	Repayment of principal, Stafford	–12,622	–12,974	–16,066
4123	Interest received on loans, Stafford	–2,266	–2,639	–3,218
4123	Origination Fees, Stafford	–238	–240	–235
4123	Other fees, Stafford	–42
4123	Repayment of principal, Unsubsidized Stafford	–23,798	–23,206	–29,462
4123	Interest received on loans, Unsubsidized Stafford	–5,335	–5,698	–7,534
4123	Origination Fees, Unsubsidized Stafford	–531	–547	–558
4123	Other fees, Unsubsidized Stafford	–41
4123	Repayment of principal, PLUS	–10,273	–12,582	–15,624
4123	Interest received on loans, PLUS	–2,835	–3,208	–3,722
4123	Origination Fees, PLUS	–916	–985	–1,021
4123	Other fees, PLUS	–12
4123	Payment of principal, Consolidation	–9,197	–13,134	–13,968
4123	Interest received on loans, Consolidation	–5,021	–7,053	–8,281
4123	Other fees, Consolidation	–49

4130	Offsets against gross budget authority and outlays (total)	–86,997	–119,659	–99,689
	Additional offsets against financing authority only (total):
4143	Recoveries of prior year paid obligations, unexpired accounts	3

4160	Budget authority, net (mandatory)	114,783	74,899	102,443
4170	Outlays, net (mandatory)	92,212	64,749	85,769
4180	Budget authority, net (total)	114,783	74,899	102,443
4190	Outlays, net (total)	92,212	64,749	85,769


Identification code 091–4253–0–3–502		2016 actual	2017 est.	2018 est.

	STAFFORD
	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority	27,022	25,739	26,558

1150	Total direct loan obligations	27,022	25,739	26,558

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	188,441	203,123	212,267
1231	Disbursements: Direct loan disbursements	22,975	22,500	23,063
1251	Repayments: Repayments and prepayments	–12,622	–12,974	–16,066
1261	Adjustments: Capitalized interest	5,043	130	106
1264	Write-offs for default: Other adjustments, net (+ or -)	–714	–512	–510

1290	Outstanding, end of year	203,123	212,267	218,860

	UNSUBSIDIZED STAFFORD
	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority	60,598	59,514	64,196

1150	Total direct loan obligations	60,598	59,514	64,196

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	285,152	318,705	352,543
1231	Disbursements: Direct loan disbursements	50,798	51,185	54,769
1251	Repayments: Repayments and prepayments	–23,798	–23,206	–29,462
1261	Adjustments: Capitalized interest	7,631	6,846	6,838
1264	Write-offs for default: Other adjustments, net (+ or -)	–1,078	–987	–1,068

1290	Outstanding, end of year	318,705	352,543	383,620

	PLUS
	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority	22,103	24,347	27,056

1150	Total direct loan obligations	22,103	24,347	27,056

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	90,615	103,660	114,879
1231	Disbursements: Direct loan disbursements	21,236	22,832	24,946
1251	Repayments: Repayments and prepayments	–10,273	–12,582	–15,624
1261	Adjustments: Capitalized interest	2,425	1,329	1,434
1264	Write-offs for default: Other adjustments, net (+ or -)	–343	–360	–396

1290	Outstanding, end of year	103,660	114,879	125,239

	CONSOLIDATION
	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority	45,917	46,936	48,210

1150	Total direct loan obligations	45,917	46,936	48,210

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	236,603	277,263	310,063
1231	Disbursements: Direct loan disbursements	45,518	46,920	48,194
1251	Repayments: Repayments and prepayments	–9,197	–13,134	–13,968
1261	Adjustments: Capitalized interest	5,234	3
1264	Write-offs for default: Other adjustments, net (+ or -)	–895	–989	–1,014

1290	Outstanding, end of year	277,263	310,063	343,275

As required by the Federal Credit Reform Act of 1990, this nonbudgetary account records all cash flows to and from the Government resulting from Federal Direct Student Loans. Amounts in this account are a means of financing and are not included in the budget totals.


Identification code 091–4253–0–3–502		2015 actual	2016 actual

	ASSETS:
	Federal assets:
1101	Fund balances with Treasury	27,127	19,273
	Investments in US securities:
1106	Receivables, net	6,946	19,594
1206	Non-Federal assets: Receivables, net	7	52
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	800,811	902,751
1402	Interest receivable	44,250	50,833
1405	Allowance for subsidy cost (-)	35,496	5,294

1499	Net present value of assets related to direct loans	880,557	958,878
1901	Other Federal assets: Other assets		3

1999	Total assets	914,637	997,800
	LIABILITIES:
	Federal liabilities:
2101	Accounts payable	1,474
2103	Debt	909,927	994,285
2201	Non-Federal liabilities: Accounts payable	3,236	3,515

2999	Total liabilities	914,637	997,800

4999	Total liabilities and net position	914,637	997,800


Identification code 091–4253–4–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0713	Payment of interest to Treasury			114
0740	Negative subsidy obligations			5,571

0791	Direct program activities, subtotal			5,685

0900	Total new obligations, unexpired accounts			5,685

	Budgetary resources:
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority			5,571
	Spending authority from offsetting collections, mandatory:
1800	Collected			29
1825	Spending authority from offsetting collections applied to repay debt			85

1850	Spending auth from offsetting collections, mand (total)			114
1900	Budget authority (total)			5,685
1930	Total budgetary resources available			5,685

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			5,685
3020	Outlays (gross)			–3,722

3050	Unpaid obligations, end of year			1,963
	Memorandum (non-add) entries:
3200	Obligated balance, end of year			1,963

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross			5,685
	Financing disbursements:
4110	Outlays, gross (total)			3,722
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4123	Repayment of principal, Stafford			14
4123	Interest received on loans, Stafford			4
4123	Origination Fees, Stafford			61
4123	Repayment of principal, Unsubsidized Stafford			–14
4123	Interest received on loans, Unsubsidized Stafford			–4
4123	Origination Fees, Unsubsidized Stafford			–61
4123	Payment of principal, Consolidation			–27
4123	Interest received on loans, Consolidation			–2

4130	Offsets against gross budget authority and outlays (total)			–29

4160	Budget authority, net (mandatory)			5,656
4170	Outlays, net (mandatory)			3,693
4180	Budget authority, net (total)			5,656
4190	Outlays, net (total)			3,693


Identification code 091–4253–4–3–502		2016 actual	2017 est.	2018 est.

	STAFFORD
	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority			–10,297

1150	Total direct loan obligations			–10,297

	Cumulative balance of direct loans outstanding:
1231	Disbursements: Direct loan disbursements			–6,112
1251	Repayments: Repayments and prepayments			14
1261	Adjustments: Capitalized interest			–1
1264	Write-offs for default: Other adjustments, net (+ or -)			9

1290	Outstanding, end of year			–6,090

	UNSUBSIDIZED STAFFORD
	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority			10,297

1150	Total direct loan obligations			10,297

	Cumulative balance of direct loans outstanding:
1231	Disbursements: Direct loan disbursements			6,124
1251	Repayments: Repayments and prepayments			–14
1261	Adjustments: Capitalized interest			3
1264	Write-offs for default: Other adjustments, net (+ or -)			–9

1290	Outstanding, end of year			6,104

	PLUS
	CONSOLIDATION
	Cumulative balance of direct loans outstanding:
1251	Repayments: Repayments and prepayments			–27

1290	Outstanding, end of year			–27


Identification code 091–0231–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0704	Subsidy for modifications of loan guarantees	152
0705	Reestimates of direct loan subsidy	991	3,746
0706	Interest on reestimates of direct loan subsidy	223	1,043
0707	Reestimates of loan guarantee subsidy	26	2,335
0708	Interest on reestimates of loan guarantee subsidy	55	4,031

0900	Total new obligations (object class 41.0)	1,447	11,155

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	1,447	11,155
1930	Total budgetary resources available	1,447	11,155

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	1,447	11,155
3020	Outlays (gross)	–1,447	–11,155

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	1,447	11,155
	Outlays, gross:
4100	Outlays from new mandatory authority	1,447	11,155
4180	Budget authority, net (total)	1,447	11,155
4190	Outlays, net (total)	1,447	11,155

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


Identification code 091–0231–0–1–502		2016 actual	2017 est.	2018 est.

	Direct loan reestimates:
135010	Direct Participation Agreement Reestimates	489	3,319
135012	Direct Standard Put Reestimates	565	1,471

135999	Total direct loan reestimates	1,054	4,790
	Guaranteed loan subsidy outlays:
234006	FFEL Guarantees	152

234999	Total subsidy outlays	152
	Guaranteed loan reestimates:
235006	FFEL Guarantees	–2,281	5,996

235999	Total guaranteed loan reestimates	–2,281	5,996

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, 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.

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


Identification code 091–0231–4–1–502		2016 actual	2017 est.	2018 est.

	Guaranteed loan subsidy outlays:
234006	FFEL Guarantees			–443

234999	Total subsidy outlays			–443


Identification code 091–4251–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0101	Default claims	1,572	653	527
0102	Special allowance	90	9	5
0103	Interest benefits	506	127	83
0104	Death, disability, and bankruptcy claims	238	106	76
0105	Teacher loan forgiveness, other write-offs	28	15	2
0107	Contract collection costs	10	22	23
0109	Rehab purchase fee		5	5
0110	Guaranty Agency account maintenance fees	20	15	10

0191	Subtotal, Stafford loans	2,464	952	731
0202	Default claims	1,731	719	580
0203	Special allowance	90	12	7
0204	Death, disability, and bankruptcy claims	315	130	82
0205	Teacher loan forgiveness, other write-offs	29	15	3
0207	Contract collection costs	9	17	18
0209	Rehab purchase fee		4	4
0210	Guaranty Agency account maintenance fees	23	13	10

0291	Subtotal, Unsubsidized Stafford loans	2,197	910	704
0301	Default claims	276	103	71
0304	Death, disability, and bankruptcy claims	94	26	22
0307	Contract Collection Costs	1	2	3
0309	Rehab purchase fee		1	1
0310	Guaranty Agency account maintenance fees	5	1	1

0391	Subtotal, PLUS loans	376	133	98
0403	Default claims	4
0407	Contract collection costs		1
0409	Rehab purchase fee		1	1

0491	Subtotal, SLS loans	4	2	1
0501	Default claims	3,456	3,410	3,082
0502	Special allowance		99	166
0503	Interest benefits	498	63	44
0504	Death, disability, and bankruptcy claims	1,051	779	622
0505	Teacher loan forgiveness, other write-offs	47
0507	Contract collection costs	12	24	29
0509	Rehab purchase fee		5	5
0510	Guaranty Agency account maintenance fees	95	107	97

0591	Subtotal, Consolidations loans	5,159	4,487	4,045
	Credit program obligations:
0713	Payment of interest to Treasury	2,083	1,693	1,156
0742	Downward reestimates paid to receipt accounts	1,525	217
0743	Interest on downward reestimates	836	153

0791	Direct program activities, subtotal	4,444	2,063	1,156

0900	Total new obligations, unexpired accounts	14,644	8,547	6,735

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	7,771	8,978	17,530
1021	Recoveries of prior year unpaid obligations	874
1033	Recoveries of prior year paid obligations	509

1050	Unobligated balance (total)	9,154	8,978	17,530
	Financing authority:
	Appropriations, mandatory:
1200	Appropriation	24
	Spending authority from offsetting collections, mandatory:
1800	Collected	14,444	17,099	8,993
1900	Budget authority (total)	14,468	17,099	8,993
1930	Total budgetary resources available	23,622	26,077	26,523
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	8,978	17,530	19,788

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1,497	1,220	1,221
3010	New obligations, unexpired accounts	14,644	8,547	6,735
3020	Outlays (gross)	–14,047	–8,546	–6,735
3040	Recoveries of prior year unpaid obligations, unexpired	–874

3050	Unpaid obligations, end of year	1,220	1,221	1,221
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1,497	1,220	1,221
3200	Obligated balance, end of year	1,220	1,221	1,221

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	14,468	17,099	8,993
	Financing disbursements:
4110	Outlays, gross (total)	14,047	8,546	6,735
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Upward reestimate	–26	–2,335
4120	Interest on upward reestimate	–55	–4,031
4120	Upward modification	–152
4122	Interest on uninvested funds	–317
4123	Stafford recoveries on defaults	–2,776	–1,837	–1,531
4123	Stafford other fees	–85
4123	Stafford special allowance rebate	–819	–361	–201
4123	Unsubsidized Stafford recoveries on default	–2,404	–1,795	–1,507
4123	Unsubsidized Stafford other fees	–73
4123	Unsubsidized Stafford special allowance rebate	–1,041	–596	–368
4123	PLUS recoveries on defaults	–407	–224	–192
4123	PLUS other fees	–12
4123	PLUS special allowance rebate	–338	–104	–63
4123	SLS recoveries on defaults	–20	–7	–5
4123	SLS other fees	–1
4123	Consolidation recoveries on defaults	–3,376	–4,276	–4,062
4123	Consolidation loan holders fee	–1,464	–707	–545
4123	Consolidation other fees	–103
4123	Consolidation special allowance rebate	–1,484	–826	–519

4130	Offsets against gross budget authority and outlays (total)	–14,953	–17,099	–8,993
	Additional offsets against financing authority only (total):
4143	Recoveries of prior year paid obligations, unexpired accounts	509

4160	Budget authority, net (mandatory)	24
4170	Outlays, net (mandatory)	–906	–8,553	–2,258
4180	Budget authority, net (total)	24
4190	Outlays, net (total)	–906	–8,553	–2,258


Identification code 091–4251–0–3–502		2016 actual	2017 est.	2018 est.

	STAFFORD
	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	30,820	25,897	22,919
2251	Repayments and prepayments	–1,763	–2,219	–1,291
	Adjustments:
2261	Terminations for default that result in loans receivable	–1,810	–653	–527
2263	Terminations for default that result in claim payments	–238	–106	–76
2264	Other adjustments, net	–1,112		–1

2290	Outstanding, end of year	25,897	22,919	21,024

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	24,602	21,773	19,973

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	5,832	5,461	4,434
2331	Disbursements for guaranteed loan claims	1,810	653	527
2351	Repayments of loans receivable	–2,392	–1,837	–1,531
2361	Write-offs of loans receivable	–238	–194	–155
2364	Other adjustments, net	449	351	351

2390	Outstanding, end of year	5,461	4,434	3,626

	UNSUBSIDIZED STAFFORD
	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	34,994	30,806	27,109
2251	Repayments and prepayments	–2,001	–2,848	–1,820
	Adjustments:
2261	Terminations for default that result in loans receivable	–2,046	–719	–580
2263	Terminations for default that result in claim payments	–315	–130	–82
2264	Other adjustments, net	174

2290	Outstanding, end of year	30,806	27,109	24,627

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	29,266	25,754	23,397

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	9,546	10,030	8,658
2331	Disbursements for guaranteed loan claims	2,046	719	580
2351	Repayments of loans receivable	–2,072	–1,795	–1,507
2361	Write-offs of loans receivable	–315	–296	–256
2364	Other adjustments, net	825

2390	Outstanding, end of year	10,030	8,658	7,475

	PLUS
	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	6,694	5,590	5,017
2251	Repayments and prepayments	–383	–346	–216
	Adjustments:
2261	Terminations for default that result in loans receivable	–370	–201	–142
2263	Terminations for default that result in claim payments	–94	–26	–22
2264	Other adjustments, net	–257

2290	Outstanding, end of year	5,590	5,017	4,637

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	5,311	4,766	4,405

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	561	529	424
2331	Disbursements for guaranteed loan claims	370	201	142
2351	Repayments of loans receivable	–351	–224	–192
2361	Write-offs of loans receivable	–94	–82	–61
2364	Other adjustments, net	43

2390	Outstanding, end of year	529	424	313

	SLS
	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	60	57	55
2251	Repayments and prepayments	–3	–2	–1
	Adjustments:
2261	Terminations for default that result in loans receivable	–4
2263	Terminations for default that result in claim payments
2264	Other adjustments, net	4

2290	Outstanding, end of year	57	55	54

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	53	52	52

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	264	273	266
2331	Disbursements for guaranteed loan claims	4
2351	Repayments of loans receivable	–17	–7	–5
2361	Write-offs of loans receivable
2364	Other adjustments, net	22

2390	Outstanding, end of year	273	266	261

	CONSOLIDATION
	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	146,597	134,018	120,407
2251	Repayments and prepayments	–8,385	–9,422	–7,766
	Adjustments:
2261	Terminations for default that result in loans receivable	–4,507	–3,410	–3,082
2263	Terminations for default that result in claim payments	–1,051	–779	–622
2264	Other adjustments, net	1,364

2290	Outstanding, end of year	134,018	120,407	108,937

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	127,317	114,387	103,490

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	17,212	19,352	17,453
2331	Disbursements for guaranteed loan claims	4,507	3,410	3,082
2351	Repayments of loans receivable	–2,910	–4,276	–4,062
2361	Write-offs of loans receivable	–1,051	–1,033	–920
2364	Other adjustments, net	1,594

2390	Outstanding, end of year	19,352	17,453	15,553

As required by the Federal Credit Reform Act of 1990, this nonbudgetary account records all cash flows to and from the Government resulting from Federal Family Education Loans, formerly guaranteed student loans, committed in 1992 and beyond. The amounts in this account are a means of financing and are not included in the budget totals.


Identification code 091–4251–0–3–502		2015 actual	2016 actual

	ASSETS:
	Federal assets:
1101	Fund balances with Treasury	8,894	9,824
	Investments in US securities:
1106	Receivables, net	88	5,252
1206	Non-Federal assets: Receivables, net	28	14
	Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
1501	Defaulted guaranteed loans receivable, gross	33,415	35,645
1502	Interest receivable	5,756	6,562
1505	Allowance for subsidy cost (-)	–991	–12,398

1599	Net present value of assets related to defaulted guaranteed loans	38,180	29,809
1901	Other Federal assets: Other assets		1

1999	Total assets	47,190	44,900
	LIABILITIES:
	Federal liabilities:
2101	Accounts payable	3,865	212
2103	Debt	43,254	43,254
	Non-Federal liabilities:
2201	Accounts payable	71	17
2204	Liabilities for loan guarantees		1,417

2999	Total liabilities	47,190	44,900

4999	Total liabilities and net position	47,190	44,900


Identification code 091–4251–4–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0110	Guaranty Agency account maintenance fees			–10

0191	Subtotal, Stafford loans			–10
0210	Guaranty Agency account maintenance fees			–9

0291	Subtotal, Unsubsidized Stafford loans			–9
0310	Guaranty Agency account maintenance fees			–1

0391	Subtotal, PLUS loans			–1
0510	Guaranty Agency account maintenance fees			–97

0591	Subtotal, Consolidations loans			–97
	Credit program obligations:
0713	Payment of interest to Treasury			37
0741	Modification savings			443

0791	Direct program activities, subtotal			480

0900	Total new obligations, unexpired accounts			363

	Budgetary resources:
	Financing authority:
	Appropriations, mandatory:
1200	Appropriation			30
	Borrowing authority, mandatory:
1400	Borrowing authority			443
1900	Budget authority (total)			473
1930	Total budgetary resources available			473
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year			110

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			363
3020	Outlays (gross)			–363

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross			473
	Financing disbursements:
4110	Outlays, gross (total)			363
4180	Budget authority, net (total)			473
4190	Outlays, net (total)			363


Identification code 091–4453–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0006	Contract collection costs	77	147	132
	Credit program obligations:
0713	Payment of interest to Treasury	1,858	1,781	1,505
0742	Downward reestimates paid to receipt accounts	123
0743	Interest on downward reestimates	37

0791	Direct program activities, subtotal	2,018	1,781	1,505

0900	Total new obligations, unexpired accounts	2,095	1,928	1,637

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	437	874
1021	Recoveries of prior year unpaid obligations	8
1023	Unobligated balances applied to repay debt	–437	–874

1050	Unobligated balance (total)	8
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority	160
	Spending authority from offsetting collections, mandatory:
1800	Collected	7,270	9,749	7,338
1825	Spending authority from offsetting collections applied to repay debt	–4,469	–7,821	–5,701

1850	Spending auth from offsetting collections, mand (total)	2,801	1,928	1,637
1900	Budget authority (total)	2,961	1,928	1,637
1930	Total budgetary resources available	2,969	1,928	1,637
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	874

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	665	660	659
3010	New obligations, unexpired accounts	2,095	1,928	1,637
3020	Outlays (gross)	–2,092	–1,929	–1,637
3040	Recoveries of prior year unpaid obligations, unexpired	–8

3050	Unpaid obligations, end of year	660	659	659
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	665	660	659
3200	Obligated balance, end of year	660	659	659

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	2,961	1,928	1,637
	Financing disbursements:
4110	Outlays, gross (total)	2,092	1,929	1,637
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Upward reestimate	–531	–2,583
4120	Upward reestimate interest	–118	–736
4122	Interest on uninvested funds	–131
4123	Principal repayments	–5,308	–5,113	–5,981
4123	Interest repayments	–1,163	–1,317	–1,357
4123	Fees and other refunds	–19

4130	Offsets against gross budget authority and outlays (total)	–7,270	–9,749	–7,338

4160	Budget authority, net (mandatory)	–4,309	–7,821	–5,701
4170	Outlays, net (mandatory)	–5,178	–7,820	–5,701
4180	Budget authority, net (total)	–4,309	–7,821	–5,701
4190	Outlays, net (total)	–5,178	–7,820	–5,701


Identification code 091–4453–0–3–502		2016 actual	2017 est.	2018 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	48,540	44,434	39,307
1251	Repayments: Repayments and prepayments	–5,308	–5,113	–5,982
1261	Adjustments: Capitalized interest		87	54
1264	Write-offs for default: Other adjustments, net (+ or -)	1,202	–101	–84

1290	Outstanding, end of year	44,434	39,307	33,295

As required by the Federal Credit Reform Act of 1990, this nonbudgetary account records all cash flows to and from the Government resulting from the participation interest program authorized under the Ensuring Continued Access to Student Loans Act of 2008. Amounts in this account are a means of financing and are not included in the budget totals.


Identification code 091–4453–0–3–502		2015 actual	2016 actual

	ASSETS:
	Federal assets:
1101	Fund balances with Treasury	1,102	1,534
	Investments in US securities:
1106	Receivables, net	477	2,322
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	48,540	44,434
1402	Interest receivable	3,403	3,600
1405	Allowance for subsidy cost (-)	7,573	4,348

1499	Net present value of assets related to direct loans	59,516	52,382

1999	Total assets	61,095	56,238
	LIABILITIES:
	Federal liabilities:
2101	Accounts payable	112
2103	Debt	60,983	56,237
2201	Non-Federal liabilities: Accounts payable		1

2999	Total liabilities	61,095	56,238

4999	Total liabilities and net position	61,095	56,238


Identification code 091–4449–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0005	Contract collection costs	55	90	81
	Credit program obligations:
0713	Payment of interest to Treasury	985	1,048	906

0900	Total new obligations, unexpired accounts	1,040	1,138	987

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	461	399
1021	Recoveries of prior year unpaid obligations	6
1023	Unobligated balances applied to repay debt	–461	–399

1050	Unobligated balance (total)	6
	Financing authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	4,513	5,468	4,511
1825	Spending authority from offsetting collections applied to repay debt	–3,080	–4,330	–3,524

1850	Spending auth from offsetting collections, mand (total)	1,433	1,138	987
1900	Budget authority (total)	1,433	1,138	987
1930	Total budgetary resources available	1,439	1,138	987
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	399

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	14	10	10
3010	New obligations, unexpired accounts	1,040	1,138	987
3020	Outlays (gross)	–1,038	–1,138	–987
3040	Recoveries of prior year unpaid obligations, unexpired	–6

3050	Unpaid obligations, end of year	10	10	10
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	14	10	10
3200	Obligated balance, end of year	10	10	10

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	1,433	1,138	987
	Financing disbursements:
4110	Outlays, gross (total)	1,038	1,138	987
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Upward reestimate	–460	–1,163
4120	Upward reestimate interest	–105	–307
4122	Interest on uninvested funds	–65
4123	Principal repayments	–3,136	–3,188	–3,668
4123	Borrower interest repayments	–734	–810	–843
4123	Fees and other refunds	–13

4130	Offsets against gross budget authority and outlays (total)	–4,513	–5,468	–4,511

4160	Budget authority, net (mandatory)	–3,080	–4,330	–3,524
4170	Outlays, net (mandatory)	–3,475	–4,330	–3,524
4180	Budget authority, net (total)	–3,080	–4,330	–3,524
4190	Outlays, net (total)	–3,475	–4,330	–3,524


Identification code 091–4449–0–3–502		2016 actual	2017 est.	2018 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	26,474	23,867	20,675
1251	Repayments: Repayments and prepayments	–3,136	–3,188	–3,668
1261	Adjustments: Capitalized interest		59	35
1264	Write-offs for default: Other adjustments, net (+ or -)	529	–63	–51

1290	Outstanding, end of year	23,867	20,675	16,991

As required by the Federal Credit Reform Act of 1990, this nonbudgetary account records all cash flows to and from the Government resulting from the standard and short-term Put programs authorized under the Ensuring Continued Access to Student Loans Act of 2008. Amounts in this account are a means of financing and are not included in the budget totals.


Identification code 091–4449–0–3–502		2015 actual	2016 actual

	ASSETS:
	Federal assets:
1101	Fund balances with Treasury	305	240
	Investments in US securities:
1106	Receivables, net	539	1,050
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	26,474	23,867
1402	Interest receivable	1,981	2,090
1405	Allowance for subsidy cost (-)	4,410	2,922

1499	Net present value of assets related to direct loans	32,865	28,879

1999	Total assets	33,709	30,169
	LIABILITIES:
	Federal liabilities:
2101	Accounts payable
2103	Debt	33,709	30,169
2201	Non-Federal liabilities: Accounts payable

2999	Total liabilities	33,709	30,169

4999	Total liabilities and net position	33,709	30,169


Identification code 091–4459–0–3–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0003	Contract collection costs	13	21	17
	Credit program obligations:
0713	Payment of interest to Treasury	56	50	13

0900	Total new obligations, unexpired accounts	69	71	30

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	32	14
1021	Recoveries of prior year unpaid obligations	2
1023	Unobligated balances applied to repay debt	–32	–14
1033	Recoveries of prior year paid obligations	4

1050	Unobligated balance (total)	6
	Financing authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	182	275	198
1825	Spending authority from offsetting collections applied to repay debt	–105	–204	–168

1850	Spending auth from offsetting collections, mand (total)	77	71	30
1930	Total budgetary resources available	83	71	30
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	14

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	15	13	13
3010	New obligations, unexpired accounts	69	71	30
3020	Outlays (gross)	–69	–71	–30
3040	Recoveries of prior year unpaid obligations, unexpired	–2

3050	Unpaid obligations, end of year	13	13	13
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	15	13	13
3200	Obligated balance, end of year	13	13	13

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	77	71	30
	Financing disbursements:
4110	Outlays, gross (total)	69	71	30
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4122	Interest on uninvested funds	–3
4123	Direct Conduit Fees	–9
4123	Principal repayments	–133	–232	–164
4123	Interest repayments	–41	–43	–34

4130	Offsets against gross budget authority and outlays (total)	–186	–275	–198
	Additional offsets against financing authority only (total):
4143	Recoveries of prior year paid obligations, unexpired accounts	4

4160	Budget authority, net (mandatory)	–105	–204	–168
4170	Outlays, net (mandatory)	–117	–204	–168
4180	Budget authority, net (total)	–105	–204	–168
4190	Outlays, net (total)	–117	–204	–168


Identification code 091–4459–0–3–502		2016 actual	2017 est.	2018 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	1,887	1,771	1,537
1251	Repayments: Repayments and prepayments	–133	–232	–164
1264	Write-offs for default: Other adjustments, net (+ or -)	17	–2	–1

1290	Outstanding, end of year	1,771	1,537	1,372

As required by the Federal Credit Reform Act of 1990, this nonbudgetary account records all cash flows to and from the Government resulting from the asset-backed commercial paper conduit authorized under the Ensuring Continued Access to Student Loans Act of 2008. Amounts in this account are a means of financing and are not included in the budget totals.


Identification code 091–4459–0–3–502		2015 actual	2016 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	47	28
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	1,887	1,771
1402	Interest receivable	241	264
1405	Allowance for subsidy cost (-)	–349	–374

1499	Net present value of assets related to direct loans	1,779	1,661

1999	Total assets	1,826	1,689
	LIABILITIES:
2103	Federal liabilities: Debt	1,826	1,689
2201	Non-Federal liabilities: Accounts payable

2999	Total liabilities	1,826	1,689

4999	Total liabilities and net position	1,826	1,689


Identification code 091–0230–0–1–502		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0101	Interest benefits, net of origination fees	4	4	3
0103	Default claims	53	49	45
0104	Death, disability, and bankruptcy claims	15	11	10
0105	Contract collection costs	9	10	9

0191	Subtotal, Stafford loans	81	74	67
0201	Default claims	9	8	8
0202	Death, disability, and bankruptcy claims	3	4	4
0205	Contract collection costs	2	2	2

0291	Subtotal, PLUS/SLS loans	14	14	14

0900	Total new obligations, unexpired accounts	95	88	81

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	225	102
1021	Recoveries of prior year unpaid obligations	5
1022	Capital transfer of unobligated balances to general fund	–225	–102
1033	Recoveries of prior year paid obligations	1

1050	Unobligated balance (total)	6
	Budget authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	366	331	296
1820	Capital transfer of spending authority from offsetting collections to general fund	–175	–243	–215

1850	Spending auth from offsetting collections, mand (total)	191	88	81
1930	Total budgetary resources available	197	88	81
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	102

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	12	25	25
3010	New obligations, unexpired accounts	95	88	81
3020	Outlays (gross)	–77	–88	–81
3040	Recoveries of prior year unpaid obligations, unexpired	–5

3050	Unpaid obligations, end of year	25	25	25
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	12	25	25
3200	Obligated balance, end of year	25	25	25

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	191	88	81
	Outlays, gross:
4100	Outlays from new mandatory authority	77	63	81
4101	Outlays from mandatory balances		25

4110	Outlays, gross (total)	77	88	81
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4123	Fed collections on defaulted loans, Stafford	–107	–91	–82
4123	Fed collections on bankruptcies, Stafford		–2	–2
4123	Offsets against Federal tax refunds, Stafford		–98	–87
4123	Reimbursements from guaranty agencies, Stafford	–198	–69	–62
4123	Other collections, Stafford	–14	–20	–18
4123	Federal collections on defaulted loans, PLUS/SLS	–17	–28	–25
4123	Federal collections on bankruptcies, PLUS/SLS		–1
4123	Offsets against Federal tax refunds, PLUS/SLS		–8	–7
4123	Reimbursements from guaranty agencies, PLUS/SLS	–31	–14	–13

4130	Offsets against gross budget authority and outlays (total)	–367	–331	–296
	Additional offsets against gross budget authority only:
4143	Recoveries of prior year paid obligations, unexpired accounts	1

4160	Budget authority, net (mandatory)	–175	–243	–215
4170	Outlays, net (mandatory)	–290	–243	–215
4180	Budget authority, net (total)	–175	–243	–215
4190	Outlays, net (total)	–290	–243	–215


Identification code 091–0230–0–1–502		2016 actual	2017 est.	2018 est.

	STAFFORD LOANS
	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	467	442	396
2251	Repayments and prepayments	–9	–9	–9
	Adjustments:
2261	Terminations for default that result in loans receivable	–62	–26	–24
2263	Terminations for default that result in claim payments	–15	–11	–10
2264	Other adjustments, net	61

2290	Outstanding, end of year	442	396	353

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	420	376	335

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	3,786	3,525	3,383
2331	Disbursements for guaranteed loan claims	62	26	24
2351	Repayments of loans receivable	–217	–136	–121
2361	Write-offs of loans receivable	–15	–14	–13
2364	Other adjustments, net	–91	–18	–16

2390	Outstanding, end of year	3,525	3,383	3,257

	PLUS/SLS LOANS
	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	56	54	46
2251	Repayments and prepayments	–1	–1	–1
	Adjustments:
2261	Terminations for default that result in loans receivable	–12	–3	–2
2263	Terminations for default that result in claim payments	–3	–4	–4
2264	Other adjustments, net	14

2290	Outstanding, end of year	54	46	39

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	51	43	37

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	602	562	537
2331	Disbursements for guaranteed loan claims	12	3	2
2351	Repayments of loans receivable	–33	–23	–20
2361	Write-offs of loans receivable	–3	–3	–2
2364	Other adjustments, net	–16	–2	–3

2390	Outstanding, end of year	562	537	514

As required by the Federal Credit Reform Act of 1990, this liquidating account records, for this program, all cash flows to and from the Government resulting from guaranteed student loans committed prior to 1992. This account is shown on a cash basis. All new loan activity in this program for 1992 and beyond is recorded in corresponding program and financing accounts.


Identification code 091–0230–0–1–502		2015 actual	2016 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	237	127
1701	Defaulted guaranteed loans, gross	4,388	4,087
1702	Interest receivable	6,149	5,674
1703	Allowance for estimated uncollectible loans and interest (-)	–8,162	–7,622

1799	Value of assets related to loan guarantees	2,375	2,139

1999	Total assets	2,612	2,266
	LIABILITIES:
2104	Federal liabilities: Resources payable to Treasury	2,603	2,253
	Non-Federal liabilities:
2201	Accounts payable
2204	Liabilities for loan guarantees	9	13

2999	Total liabilities	2,612	2,266

4999	Total liabilities and net position	2,612	2,266


Identification code 091–0230–0–1–502		2016 actual	2017 est.	2018 est.

	Direct obligations:
33.0	Investments and loans	74	69	64
41.0	Grants, subsidies, and contributions	3	3	3
42.0	Insurance claims and indemnities	18	16	14

99.0	Direct obligations	95	88	81

99.9	Total new obligations, unexpired accounts	95	88	81

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


Identification code 091–0247–0–1–552		2016 actual	2017 est.	2018 est.

	Guaranteed loan reestimates:
235001	HEAL Loan Guarantee	–21	–18

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 2014. The Department of Education assumed responsibility for the program and the authority to administer, service, collect, and enforce the program.

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.


Identification code 091–4300–0–3–552		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0711	Default claim payments on principal	2	7	7
0715	Default Collection Costs	1	2	2
0742	Downward reestimates paid to receipt accounts	9	7
0743	Interest on downward reestimates	12	11

0900	Total new obligations, unexpired accounts	24	27	9

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	53	38	22
	Financing authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	9	11	11
1930	Total budgetary resources available	62	49	33
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	38	22	24

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1			18
3010	New obligations, unexpired accounts	24	27	9
3020	Outlays (gross)	–24	–9	–9

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	Budget authority, gross	9	11	11
	Financing disbursements:
4110	Outlays, gross (total)	24	9	9
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4122	Interest on uninvested funds	–2	–2	–2
4123	Non-Federal sources	–7	–9	–9

4130	Offsets against gross budget authority and outlays (total)	–9	–11	–11
4170	Outlays, net (mandatory)	15	–2	–2
4180	Budget authority, net (total)
4190	Outlays, net (total)	15	–2	–2


Identification code 091–4300–0–3–552		2016 actual	2017 est.	2018 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	232	214	186
2251	Repayments and prepayments	–16	–16	–16
	Adjustments:
2261	Terminations for default that result in loans receivable	–2	–9	–9
2263	Terminations for default that result in claim payments		–3	–3
2264	Other adjustments, net

2290	Outstanding, end of year	214	186	158

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	214	176	158

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	155	150	150
2331	Disbursements for guaranteed loan claims	2	7	7
2351	Repayments and prepayments	–7	–7	–7
2361	Write-offs of loans receivable
2364	Other adjustments, net

2390	Outstanding, end of year	150	150	150

As required by the Federal Credit Reform Act of 1990, this nonbudgetary account records all cash flows to and from the Government resulting from the Health Education Assistance Loan program. Amounts in this account are a means of financing and are not included in the budget totals.


Identification code 091–4300–0–3–552		2015 actual	2016 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury		38
1501	Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable: Defaulted guaranteed loans receivable, gross		150

1999	Total assets		188
	LIABILITIES:
2204	Non-Federal liabilities: Liabilities for loan guarantees		188

4999	Total liabilities and net position		188


Identification code 091–4299–0–3–552		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
	Credit program obligations:
0715	Default Collections Costs	1	2	2

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	7	6
1022	Capital transfer of unobligated balances to general fund	–7	–6
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation		1	1
	Spending authority from offsetting collections, mandatory:
1800	Collected	7	7	6
1820	Capital transfer of spending authority from offsetting collections to general fund		–6	–5

1850	Spending auth from offsetting collections, mand (total)	7	1	1
1900	Budget authority (total)	7	2	2
1930	Total budgetary resources available	7	2	2
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	6

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		1	1
3010	New obligations, unexpired accounts	1	2	2
3020	Outlays (gross)		–2	–2

3050	Unpaid obligations, end of year	1	1	1
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		1	1
3200	Obligated balance, end of year	1	1	1

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	7	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	–7	–7	–6
4180	Budget authority, net (total)		–5	–4
4190	Outlays, net (total)	–7	–5	–4


Identification code 091–4299–0–3–552		2016 actual	2017 est.	2018 est.

	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	28	21	14
2251	Repayments and prepayments	–7	–7	–7
	Adjustments:
2261	Terminations for default that result in loans receivable
2264	Other adjustments, net

2290	Outstanding, end of year	21	14	7

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	21	14	7

	Addendum:
	Cumulative balance of defaulted guaranteed loans that result in loans receivable:
2310	Outstanding, start of year	260	184	180
2331	Disbursements for guaranteed loan claims		3	3
2351	Repayments of loans receivable	–7	–7	–6
2361	Write-offs of loans receivable
2364	Other adjustments, net	–69

2390	Outstanding, end of year	184	180	177

As required by the Federal Credit Reform Act of 1990, this liquidating account records, for this program, all cash flows to and from the Government resulting from guaranteed Health Education Assistance Loans loans committed prior to 1992. This account is shown on a cash basis. All loan activity in this program for 1992 and beyond is recorded in corresponding program and financing accounts.


Identification code 091–4299–0–3–552		2015 actual	2016 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	7	6
1701	Defaulted guaranteed loans, gross	260	184
1901	Other Federal assets: Other assets

1999	Total assets	267	190
	LIABILITIES:
2207	Non-Federal liabilities: Other	267	190

4999	Total liabilities and net position	267	190


Identification code 091–4299–0–3–552		2016 actual	2017 est.	2018 est.

	Direct obligations:
25.2	Other services from non-Federal sources	2	2	2
42.0	Insurance claims and indemnities	1

99.0	Direct obligations	3	2	2
99.5	Adjustment for rounding	–2

99.9	Total new obligations, unexpired accounts	1	2	2

Federal Funds

For 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, $616,840,000, which shall remain available through September 30, 2019: 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.


Identification code 091–1100–0–1–503		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Research, development, and dissemination	181	195	195
0002	Statistics	101	112	112
0003	Regional educational laboratories	54	54	54
0004	National Assessment	149	149	149
0005	National Assessment Governing Board	8	8	8
0006	Research in special education	45	54	54
0007	Statewide longitudinal data systems	34	34	34
0008	Special education studies and evaluations	5	11	11

0100	Total direct program	577	617	617

0799	Total direct obligations	577	617	617
0801	Reimbursable program activity	1

0900	Total new obligations, unexpired accounts	578	617	617

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	27	68	68
1021	Recoveries of prior year unpaid obligations	1

1050	Unobligated balance (total)	28	68	68
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	618	617	617
1930	Total budgetary resources available	646	685	685
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	68	68	68

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	678	665	794
3010	New obligations, unexpired accounts	578	617	617
3011	Obligations ("upward adjustments"), expired accounts	1
3020	Outlays (gross)	–585	–488	–552
3040	Recoveries of prior year unpaid obligations, unexpired	–1
3041	Recoveries of prior year unpaid obligations, expired	–6

3050	Unpaid obligations, end of year	665	794	859
	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	677	664	793
3200	Obligated balance, end of year	664	793	858

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	618	617	617
	Outlays, gross:
4010	Outlays from new discretionary authority	124	103	103
4011	Outlays from discretionary balances	461	385	449

4020	Outlays, gross (total)	585	488	552
4180	Budget authority, net (total)	618	617	617
4190	Outlays, net (total)	585	488	552

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.

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.

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.

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 2018, 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.


Identification code 091–1100–0–1–503		2016 actual	2017 est.	2018 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	19	19	19
25.2	Other services from non-Federal sources	244	259	245
25.3	Other goods and services from Federal sources	2	2	2
25.5	Research and development contracts	80	84	86
41.0	Grants, subsidies, and contributions	229	250	262

99.0	Direct obligations	576	616	616
99.0	Reimbursable obligations	1	1	1
99.5	Adjustment for rounding	1

99.9	Total new obligations, unexpired accounts	578	617	617


Identification code 091–1100–0–1–503		2016 actual	2017 est.	2018 est.

1001	Direct civilian full-time equivalent employment	15	15	15

Federal Funds

For 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, $438,000,000.


Identification code 091–0800–0–1–503		2016 actual	2017 est.	2018 est.

0100	Balance, start of year			1
	Receipts:
	Current law:
1130	Contributions	1	1	1

2000	Total: Balances and receipts	1	1	2
	Appropriations:
	Current law:
2101	Program Administration	–1

5099	Balance, end of year		1	2


Identification code 091–0800–0–1–503		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Program administration	444	432	438

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	8	1	3
1001	Discretionary unobligated balance brought fwd, Oct 1	8
1021	Recoveries of prior year unpaid obligations	2

1050	Unobligated balance (total)	10	1	3
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	432	431	438
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	1
	Spending authority from offsetting collections, discretionary:
1700	Collected	3	3	3
1900	Budget authority (total)	436	434	441
1930	Total budgetary resources available	446	435	444
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–1
1941	Unexpired unobligated balance, end of year	1	3	6

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	117	123	122
3010	New obligations, unexpired accounts	444	432	438
3011	Obligations ("upward adjustments"), expired accounts	1
3020	Outlays (gross)	–430	–433	–431
3040	Recoveries of prior year unpaid obligations, unexpired	–2
3041	Recoveries of prior year unpaid obligations, expired	–7

3050	Unpaid obligations, end of year	123	122	129
	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	116	122	121
3200	Obligated balance, end of year	122	121	128

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	435	434	441
	Outlays, gross:
4010	Outlays from new discretionary authority	349	342	343
4011	Outlays from discretionary balances	80	91	88

4020	Outlays, gross (total)	429	433	431
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–3	–3	–3
4033	Non-Federal sources	–1

4040	Offsets against gross budget authority and outlays (total)	–4	–3	–3
	Additional offsets against gross budget authority only:
4052	Offsetting collections credited to expired accounts	1

4060	Additional offsets against budget authority only (total)	1

4070	Budget authority, net (discretionary)	432	431	438
4080	Outlays, net (discretionary)	425	430	428
	Mandatory:
4090	Budget authority, gross	1
	Outlays, gross:
4101	Outlays from mandatory balances	1
4180	Budget authority, net (total)	433	431	438
4190	Outlays, net (total)	426	430	428

The Program Administration account includes the direct Federal costs of providing grants and administering early, 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 and security; personnel management; personnel security; budget formulation and execution; legal services; congressional and public relations; and intergovernmental affairs.

Also included in this account are contributions from the public. Activities supported include receptions for Historically Black Colleges and Universities. Contributions not designated for a specific purpose are in the account's Gifts and Bequests Miscellaneous Fund.

Reimbursable program.—Reimbursements to this account are for providing administrative services to other agencies.


Identification code 091–0800–0–1–503		2016 actual	2017 est.	2018 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	188	202	197
11.3	Other than full-time permanent	26	6	5
11.5	Other personnel compensation	3	3	3

11.9	Total personnel compensation	217	211	205
12.1	Civilian personnel benefits	67	65	65
21.0	Travel and transportation of persons	3	3	4
23.1	Rental payments to GSA	42	38	41
23.3	Communications, utilities, and miscellaneous charges	1	1	1
24.0	Printing and reproduction	1	1	1
25.1	Advisory and assistance services	2	2	2
25.2	Other services from non-Federal sources	20	19	19
25.3	Other goods and services from Federal sources	21	25	25
25.7	Operation and maintenance of equipment	60	65	73
26.0	Supplies and materials	1	1	1
31.0	Equipment	3
32.0	Land and structures	5	1	1

99.0	Direct obligations	443	432	438
99.5	Adjustment for rounding	1

99.9	Total new obligations, unexpired accounts	444	432	438


Identification code 091–0800–0–1–503		2016 actual	2017 est.	2018 est.

1001	Direct civilian full-time equivalent employment	1,888	1,776	1,699

For expenses necessary for the Office for Civil Rights, as authorized by section 203 of the Department of Education Organization Act, $106,797,000.


Identification code 091–0700–0–1–751		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Civil rights	107	107	107

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	107	107	107
1930	Total budgetary resources available	107	107	107

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	16	21	22
3010	New obligations, unexpired accounts	107	107	107
3020	Outlays (gross)	–101	–106	–104
3041	Recoveries of prior year unpaid obligations, expired	–1

3050	Unpaid obligations, end of year	21	22	25
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	16	21	22
3200	Obligated balance, end of year	21	22	25

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	107	107	107
	Outlays, gross:
4010	Outlays from new discretionary authority	91	90	89
4011	Outlays from discretionary balances	10	16	15

4020	Outlays, gross (total)	101	106	104
4180	Budget authority, net (total)	107	107	107
4190	Outlays, net (total)	101	106	104

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.


Identification code 091–0700–0–1–751		2016 actual	2017 est.	2018 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	59	60	56
11.3	Other than full-time permanent	2	2	2
11.5	Other personnel compensation	1

11.9	Total personnel compensation	62	62	58
12.1	Civilian personnel benefits	20	20	19
21.0	Travel and transportation of persons	1
23.1	Rental payments to GSA	8	9	9
25.2	Other services from non-Federal sources	1	1	2
25.3	Other goods and services from Federal sources	2	3	2
25.7	Operation and maintenance of equipment	13	12	16

99.0	Direct obligations	107	107	106
99.5	Adjustment for rounding			1

99.9	Total new obligations, unexpired accounts	107	107	107


Identification code 091–0700–0–1–751		2016 actual	2017 est.	2018 est.

1001	Direct civilian full-time equivalent employment	563	569	523

For expenses necessary for the Office of Inspector General, as authorized by section 212 of the Department of Education Organization Act, $61,143,000.


Identification code 091–1400–0–1–751		2016 actual	2017 est.	2018 est.

	Obligations by program activity:
0001	Inspector General	58	59	61

	Budgetary resources:
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	59	59	61
1930	Total budgetary resources available	59	59	61
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–1

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	11	13	17
3010	New obligations, unexpired accounts	58	59	61
3020	Outlays (gross)	–55	–55	–60
3041	Recoveries of prior year unpaid obligations, expired	–1

3050	Unpaid obligations, end of year	13	17	18
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	11	13	17
3200	Obligated balance, end of year	13	17	18

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	59	59	61
	Outlays, gross:
4010	Outlays from new discretionary authority	47	47	49
4011	Outlays from discretionary balances	8	8	11

4020	Outlays, gross (total)	55	55	60
4180	Budget authority, net (total)	59	59	61
4190	Outlays, net (total)	55	55	60

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.


Identification code 091–1400–0–1–751		2016 actual	2017 est.	2018 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	26	28	29
11.5	Other personnel compensation	2

11.9	Total personnel compensation	28	28	29
12.1	Civilian personnel benefits	11	11	11
21.0	Travel and transportation of persons	1	1	1
23.1	Rental payments to GSA	6	7	7
25.1	Advisory and assistance services	1	1	1
25.2	Other services from non-Federal sources	2	2	3
25.3	Other goods and services from Federal sources	1	1	1
25.7	Operation and maintenance of equipment	6	5	5
31.0	Equipment	1	1	1

99.0	Direct obligations	57	57	59
99.5	Adjustment for rounding	1	2	2

99.9	Total new obligations, unexpired accounts	58	59	61


Identification code 091–1400–0–1–751		2016 actual	2017 est.	2018 est.

1001	Direct civilian full-time equivalent employment	228	237	237

Federal Funds


		2016 actual	2017 est.	2018 est.

Offsetting receipts from the public:
091–143500	General Fund Proprietary Interest Receipts, not Otherwise Classified	1	2	2
091–271810	Federal Family Education Loan Program, Negative Subsidies			443
091–271830	Federal Family Education Loan Program, Downward Reestimates of Subsidies	2,521	370
091–274130	College Housing and Academic Facilities Loan, Downward Reestimates of Subsidies	18	55
091–278110	Federal Direct Student Loan Program, Negative Subsidies	5,696	4,910	3,466
091–278110	Legislative proposal, subject to PAYGO			3,595
091–278130	Federal Direct Student Loan Program, Downward Reestimates of Subsidies	2,185	6,989
091–279430	TEACH Grant Program, Downward Reestimates of Subsidies	5
091–279830	Health Education Assistance Loans, Downward Reestimates of Subsidies	21	18
091–291500	Repayment of Loans, Capital Contributions, Higher Education Activities	231	179	1,023
091–322000	All Other General Fund Proprietary Receipts Including Budget Clearing Accounts	75	47	47
General Fund Offsetting receipts from the public		10,753	12,570	8,576


Intragovernmental payments:
091–388500	Undistributed Intragovernmental Payments and Receivables from Cancelled Accounts	–13

General Fund Intragovernmental payments		–13

(b) Subsection (a) shall be in effect until titles III and V of the HEA are reauthorized.

(1) in subparagraph (A), in the material before clause (i), by striking "shall" and inserting in lieu thereof "may"; and

(2) in subparagraph (B), by inserting "the rigorous evaluation of the programs authorized by this chapter, which may also include" after "primary purpose"; and

DEPARTMENT OF EDUCATION

Office of Elementary and Secondary Education

Federal Funds

Education for the disadvantaged

School Readiness

Impact Aid

School improvement programs

Safe schools and citizenship education

Indian education

Education Jobs Fund

Office of Innovation and Improvement

Federal Funds

Innovation and improvement

Office of English Language Acquisition

Federal Funds

English Language Acquisition

Office of Special Education and Rehabilitative Services

Federal Funds

Special education

Rehabilitation services

Special Institutions for Persons With Disabilities

american printing house for the blind

National technical institute for the deaf

gallaudet university

Office of Career, Technical, and Adult Education

Federal Funds

Career, technical, and adult education

Career, Technical and Adult Education

(Legislative proposal, not subject to PAYGO)

Office of Postsecondary Education

Federal Funds

Higher education

Higher Education

(Legislative proposal, not subject to PAYGO)

Howard University

College housing and academic facilities loans program

Historically Black College and University Capital Financing Program Account

College Housing and Academic Facilities Loans Financing Account

College Housing and Academic Facilities Loans Liquidating Account

Historically Black College and University Capital Financing Direct Loan Financing Account

Office of Federal Student Aid

Federal Funds

Student financial assistance

Student aid administration

Student Aid Administration

TEACH Grant Program Account

TEACH Grant Financing Account

Student Financial Assistance Debt Collection

Federal Student Loan Reserve Fund

Federal Direct Student Loan Program Account

Federal Direct Student Loan Program Account

(Legislative proposal, subject to PAYGO)

Federal Direct Student Loan Program Financing Account

Federal Direct Student Loan Program Financing Account

(Legislative proposal, subject to PAYGO)

Federal Family Education Loan Program Account

Federal Family Education Loan Program Account

(Legislative proposal, subject to PAYGO)

Federal Family Education Loan Program Financing Account

Federal Family Education Loan Program Financing Account

(Legislative proposal, subject to PAYGO)

Temporary Student Loan Purchase Authority Financing Account

Student Loan Acquisition Account

Temporary Student Loan Purchase Authority Conduit Financing Account

Federal Family Education Loan Liquidating Account

Perkins Loan Assets

Health Education Assistance Loans Program Account

Health Education Assistance Loans Financing Account

Health Education Assistance Loans Liquidating Account

Institute of Education Sciences

Federal Funds

Institute of education sciences

Departmental Management

Federal Funds

Program administration

Office for civil rights

office of inspector general

Hurricane Education Recovery

Federal Funds

Hurricane Education Recovery