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

             <h1>DEPARTMENT OF EDUCATION</h1>

          DEPARTMENT OF EDUCATION
             Office of Elementary and Secondary EducationFederal Funds
             Education for the disadvantagedFor carrying out title I  of the Elementary and Secondary Education Act of 1965 (referred to in this Act as "ESEA") and section 418A of the Higher
                Education Act of 1965 (referred to in this Act as "HEA"),  $16,376,790,000, of which  $4,595,269,000 shall become available on July 1,  2020, and shall remain available through September 30,  2021, and of which  $11,681,898,000 shall become available on October 1,  2020, and shall remain available through September 30,  2021, for academic year  2020–2021: Provided, That $6,459,401,000 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,  2019, 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 $4,019,050,000 shall be for targeted grants under section 1125 of the ESEA: Provided further, That $4,019,050,000 shall be for education finance incentive grants under section 1125A of the ESEA:  Provided further, That $50,000,000 shall be for 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: Provided further, That $44,623,000 shall be for carrying out section 418A of the HEA: Provided further, That, notwithstanding section 1003A(a)(1)(A) of the ESEA, a State educational agency may reserve not more
                   than 5 percent of the amount such State educational agency receives under Part A of Title I to carry out section 1003A of
                   the ESEA.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0900–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Grants to local educational agencies
                      15,758
                      15,860
                      15,019

                      0002
                      State agency programs: Migrants
                      375
                      375
                      375

                      0003
                      State agency programs: Neglected and delinquent
                      48
                      48
                      48

                      0004
                      Special programs for migrant students
                      45
                      45
                      45

                      0006
                      Comprehensive literacy development grants
                      9
                      190
                      190

                      0007
                      Innovative approaches to literacy
                      27
                      27

                      0008
                      Student-centered funding incentive grants

                      50

                      0900
                      Total new obligations, unexpired accounts
                      16,262
                      16,545
                      15,727

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      16
                      198
                      197

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      5,603
                      5,703
                      4,695

                      Advance appropriations, discretionary:

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

                      1900
                      Budget authority (total)
                      16,444
                      16,544
                      15,536

                      1930
                      Total budgetary resources available
                      16,460
                      16,742
                      15,733

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      198
                      197
                      6

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      10,221
                      11,148
                      10,186

                      3010
                      New obligations, unexpired accounts
                      16,262
                      16,545
                      15,727

                      3020
                      Outlays (gross)
                      –15,328
                      –17,507
                      –16,474

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –7

                      3050
                      Unpaid obligations, end of year
                      11,148
                      10,186
                      9,439

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      10,221
                      11,148
                      10,186

                      3200
                      Obligated balance, end of year
                      11,148
                      10,186
                      9,439

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      16,444
                      16,544
                      15,536

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6,989
                      7,816
                      7,776

                      4011
                      Outlays from discretionary balances
                      8,339
                      9,691
                      8,698

                      4020
                      Outlays, gross (total)
                      15,328
                      17,507
                      16,474

                      4180
                      Budget authority, net (total)
                      16,444
                      16,544
                      15,536

                      4190
                      Outlays, net (total)
                      15,328
                      17,507
                      16,474

             SUMMARY OF PROGRAM LEVEL (in millions of dollars)

                         2018–2019 Academic Year
                         2019–2020 Academic Year
                         2020–2021 Academic Year

                         New Budget Authority
                         5,603
                         5,703
                         4,695

                         Advance appropriation
                         10,841
                         10,841
                         11,682

                         Total program level
                         16,444
                         16,544
                         16,377

                         Change in advance appropriation from the previous year
                         0
                         0
                         +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.

             Student-centered funding incentive grants.—Funds would support grants intended to spur local educational agencies to participate in agreements under Title I, Part E
                of the ESEA, which allow for the consolidation of Federal funds together with State and local funds in student-centered funding
                systems based on weighted per-pupil allocations.

             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 migratory students in earning
                a high school equivalency certificate or in completing their first year of college.

          Object Classification (in millions of dollars)

                      Identification code 091–0900–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      5
                      5
                      5

                      25.2
                      Other services from non-Federal sources
                      10
                      10
                      10

                      25.3
                      Other goods and services from Federal sources
                      5
                      5
                      5

                      25.7
                      Operation and maintenance of equipment
                      5
                      5
                      5

                      41.0
                      Grants, subsidies, and contributions
                      16,237
                      16,520
                      15,702

                      99.9
                      Total new obligations, unexpired accounts
                      16,262
                      16,545
                      15,727

             School Readiness
             Impact AidFor carrying out programs of financial assistance to federally affected schools authorized by title VII of the ESEA,  $1,371,799,000, of which $1,301,242,000 shall be for basic support payments under section 7003(b), $48,316,000 shall be for payments for
                children with disabilities under section 7003(d), $17,406,000, to remain available for obligation through September 30,  2021, shall be for construction under section 7007(b),  and $4,835,000, 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  2019–2020, 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.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0102–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Basic support payments
                      1,271
                      1,302
                      1,302

                      0002
                      Payments for children with disabilities
                      48
                      48
                      48

                      0091
                      Direct program activities, subtotal
                      1,319
                      1,350
                      1,350

                      0101
                      Facilities maintenance
                      5
                      5
                      5

                      0201
                      Construction
                      35
                      17
                      17

                      0301
                      Payments for Federal property
                      73
                      74

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      1,432
                      1,446
                      1,372

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      22
                      4
                      4

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      1,414
                      1,446
                      1,372

                      1930
                      Total budgetary resources available
                      1,436
                      1,450
                      1,376

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      4
                      4
                      4

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      234
                      198
                      302

                      3010
                      New obligations, unexpired accounts
                      1,432
                      1,446
                      1,372

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      225

                      3020
                      Outlays (gross)
                      –1,466
                      –1,342
                      –1,393

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –227

                      3050
                      Unpaid obligations, end of year
                      198
                      302
                      281

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      234
                      198
                      302

                      3200
                      Obligated balance, end of year
                      198
                      302
                      281

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,414
                      1,446
                      1,372

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      1,242
                      1,284
                      1,217

                      4011
                      Outlays from discretionary balances
                      224
                      58
                      176

                      4020
                      Outlays, gross (total)
                      1,466
                      1,342
                      1,393

                      4180
                      Budget authority, net (total)
                      1,414
                      1,446
                      1,372

                      4190
                      Outlays, net (total)
                      1,466
                      1,342
                      1,393

             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, limiting LEAs access a central source of revenue
                used by most communities to finance education.

             Basic support payments.—Payments will be made on behalf of approximately 800,000 federally connected students enrolled in over 1,000 LEAs to assist
                them in meeting their operation and maintenance costs. Average per-student payments will be approximately $1,630.

             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 50,000 federally connected students with disabilities in over 800 LEAs. Average per-student payments will
                be approximately $970.

             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.

             School improvement programsFor carrying out school improvement activities authorized by part B of title I, and  part B of title IV, part B of title V  of the ESEA; the McKinney-Vento Homeless Assistance Act;  the Compact of Free Association Amendments Act of 2003; and the Civil Rights Act of 1964,  $675,614,000, of which  $652,340,000 shall become available on July 1,  2020, and remain available through September 30,  2021 : Provided, That $378,000,000 shall be for part B of title I:  Provided further, That $16,699,000 shall be available to carry out the Supplemental Education Grants program for the Federated States of Micronesia
                and the Republic of the Marshall Islands: Provided further, That the Secretary may reserve up to 5 percent of the amount referred to in the previous proviso to provide technical assistance
                in the implementation of these grants: Provided further, That $180,840,000 shall be for part B of title V .
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–1000–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Supporting effective instruction State grants
                      2,050
                      2,056
                      1,681

                      0002
                      21st century community learning centers
                      1,210
                      1,222

                      0003
                      State assessments
                      371
                      378
                      378

                      0004
                      Education for homeless children and youths
                      85
                      94
                      94

                      0005
                      Native Hawaiians education
                      36
                      36

                      0006
                      Alaska Native education
                      35
                      33

                      0007
                      Training and advisory services
                      7
                      7
                      7

                      0008
                      Rural education
                      181
                      181
                      181

                      0009
                      Supplemental education grants
                      17
                      17
                      17

                      0010
                      Comprehensive centers
                      52
                      52

                      0011
                      Pooled evaluation
                      5

                      0012
                      Student support and academic enrichment
                      1,080
                      1,170

                      0900
                      Total new obligations, unexpired accounts
                      5,129
                      5,246
                      2,358

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      28
                      57
                      58

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      3,477
                      3,566
                      676

                      Advance appropriations, discretionary:

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

                      1900
                      Budget authority (total)
                      5,158
                      5,247
                      2,357

                      1930
                      Total budgetary resources available
                      5,186
                      5,304
                      2,415

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      57
                      58
                      57

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      4,785
                      5,710
                      5,994

                      3010
                      New obligations, unexpired accounts
                      5,129
                      5,246
                      2,358

                      3020
                      Outlays (gross)
                      –4,194
                      –4,962
                      –5,131

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –10

                      3050
                      Unpaid obligations, end of year
                      5,710
                      5,994
                      3,221

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      4,785
                      5,710
                      5,994

                      3200
                      Obligated balance, end of year
                      5,710
                      5,994
                      3,221

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      5,158
                      5,247
                      2,357

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      956
                      1,080
                      1,023

                      4011
                      Outlays from discretionary balances
                      3,238
                      3,882
                      4,108

                      4020
                      Outlays, gross (total)
                      4,194
                      4,962
                      5,131

                      4180
                      Budget authority, net (total)
                      5,158
                      5,247
                      2,357

                      4190
                      Outlays, net (total)
                      4,194
                      4,962
                      5,131

             SUMMARY OF PROGRAM LEVEL (in millions of dollars)

                         2018–2019 Academic Year
                         2019–2020 Academic Year
                         2020–2021 Academic Year

                         New Budget Authority
                         3,477
                         3,566
                         676

                         Advance Appropriation
                         1,681
                         1,681
                         0

                         Total program level
                         5,158
                         5,247
                         676

                         Change in advance appropriation over previous year
                         0
                         0
                         –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 could 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.

          Object Classification (in millions of dollars)

                      Identification code 091–1000–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      5
                      5
                      5

                      25.2
                      Other services from non-Federal sources
                      14
                      14
                      14

                      25.3
                      Other goods and services from Federal sources
                      3
                      3
                      3

                      25.5
                      Research and development contracts
                      1
                      1
                      1

                      25.7
                      Operation and maintenance of equipment
                      2
                      2
                      2

                      41.0
                      Grants, subsidies, and contributions
                      5,104
                      5,221
                      2,333

                      99.9
                      Total new obligations, unexpired accounts
                      5,129
                      5,246
                      2,358

             Safe schools and citizenship educationFor carrying out activities authorized by  section 4631 of the ESEA,  $200,000,000 , of which up to  $10,000,000, to remain available until expended, shall be for the Project School Emergency Response to Violence (Project SERV) program: Provided, That $100,000,000 shall be for school safety grants to States, of which the Secretary shall (1) reserve $500,000
                   for the outlying areas, to be distributed among those outlying areas on the basis of their relative shares of the number of
                   individuals aged 5 through 17, as determined by the Secretary on the basis of the most recent satisfactory data; (2) reserve
                   $500,000 for the Secretary of the Interior for programs in schools operated or funded by the Bureau of Indian Education; and
                   (3) award the remaining $99,000,000 among the 50 States, the District of Columbia, and Puerto Rico based on their relative
                   shares of the number of individuals aged 5 through 17 as determined by the Secretary on the basis of the most recent satisfactory
                   data: Provided further, That the minimum grant size awarded to the 50 States, the District of Columbia, and Puerto Rico shall
                   be $500,000: Provided further, That funds awarded under the first proviso shall be used for activities authorized under section
                   4104(b) and consistent with the purposes of section 4108 of the ESEA, in accordance with a plan that shall be submitted to
                   the Secretary at such time and in such manner as the Secretary may require .
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0203–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      School safety national activities
                      87
                      95
                      200

                      0002
                      Full-service community schools
                      17
                      18

                      0003
                      Promise neighborhoods
                      105
                      78
                      55

                      0500
                      Direct program activities, subtotal
                      209
                      191
                      255

                      0900
                      Total new obligations, unexpired accounts
                      209
                      191
                      255

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      78
                      55
                      55

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      186
                      191
                      200

                      1930
                      Total budgetary resources available
                      264
                      246
                      255

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      55
                      55

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      236
                      273
                      237

                      3010
                      New obligations, unexpired accounts
                      209
                      191
                      255

                      3020
                      Outlays (gross)
                      –169
                      –227
                      –199

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –3

                      3050
                      Unpaid obligations, end of year
                      273
                      237
                      293

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      236
                      273
                      237

                      3200
                      Obligated balance, end of year
                      273
                      237
                      293

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      186
                      191
                      200

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      3
                      4
                      4

                      4011
                      Outlays from discretionary balances
                      166
                      223
                      195

                      4020
                      Outlays, gross (total)
                      169
                      227
                      199

                      4180
                      Budget authority, net (total)
                      186
                      191
                      200

                      4190
                      Outlays, net (total)
                      169
                      227
                      199

             School safety national activities.—Funds would support activities to improve students' safety and well-being, including new School Safety State Grants that
                would build State and local capacity to address school safety issues, including through activities that draw on the recommendations
                of the Federal Commission on School Safety; School Climate Transformation Grants that support multi-tiered behavioral frameworks
                designed to improve behavioral outcomes and which also can help address the effects of opioid abuse on students and communities;
                Project Prevent grants to help students in communities experiencing pervasive violence; Mental Health Demonstration Grants
                that expand the pipeline of school-based counselors, social workers, psychologists, and other mental health professionals;
                Grants to States for Emergency Management that help States strengthen school emergency operation plans; and Project SERV (School
                Emergency Response to Violence), which provides services to school districts and postsecondary institutions in which the learning
                environment has been disrupted due to a violent or traumatic incident.

          Object Classification (in millions of dollars)

                      Identification code 091–0203–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      2
                      2
                      2

                      25.2
                      Other services from non-Federal sources
                      10
                      10
                      10

                      41.0
                      Grants, subsidies, and contributions
                      197
                      179
                      243

                      99.9
                      Total new obligations, unexpired accounts
                      209
                      191
                      255

             Indian educationFor expenses necessary to carry out, to the extent not otherwise provided, title VI, part A of the ESEA,  $176,239,000, of which  $63,993,000 shall be for subpart 2 of part A of title VI and $6,865,000 shall be for subpart 3 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) of the ESEA: Provided further, That notwithstanding sections 6132(c)(2) and 6133(d)(1) of such Act,
                   the Secretary may make such awards for a period of up to 5 years.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0101–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Grants to local educational agencies
                      105
                      105
                      105

                      0002
                      Special programs for Indian children
                      68
                      68
                      64

                      0003
                      National activities
                      7
                      7
                      7

                      0900
                      Total new obligations, unexpired accounts
                      180
                      180
                      176

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      180
                      180
                      176

                      1930
                      Total budgetary resources available
                      180
                      180
                      176

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      182
                      210
                      179

                      3010
                      New obligations, unexpired accounts
                      180
                      180
                      176

                      3020
                      Outlays (gross)
                      –148
                      –211
                      –180

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –4

                      3050
                      Unpaid obligations, end of year
                      210
                      179
                      175

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      182
                      210
                      179

                      3200
                      Obligated balance, end of year
                      210
                      179
                      175

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      180
                      180
                      176

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6
                      9
                      9

                      4011
                      Outlays from discretionary balances
                      142
                      202
                      171

                      4020
                      Outlays, gross (total)
                      148
                      211
                      180

                      4180
                      Budget authority, net (total)
                      180
                      180
                      176

                      4190
                      Outlays, net (total)
                      148
                      211
                      180

             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 awards under the Demonstration Grants authority including for Native Youth Community Projects, 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 that serve a high proportion 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 to create Tribal educational agencies and to expand the capacity of existing Tribal educational
                agencies through education administrative planning, development, and coordination.

          Object Classification (in millions of dollars)

                      Identification code 091–0101–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      3
                      3
                      3

                      41.0
                      Grants, subsidies, and contributions
                      177
                      177
                      173

                      99.9
                      Total new obligations, unexpired accounts
                      180
                      180
                      176

             Office of Innovation and ImprovementFederal Funds
             Innovation and improvementFor carrying out activities authorized by  subpart 1  of part B of title II, and parts C   and D  and  subpart 1  of part F of title IV of the ESEA,  $1,107,000,000: Provided, That $200,000,000 shall be for  subpart 1  of part B of title II and shall be made available without regard to  section 2201 : Provided further, That  $907,000,000 shall be for parts C  and D  and subpart 4 of part F of title IV, and shall be made available without regard to sections 4311, 4409(a), and 4601 :  Provided further, That of the funds available for part C of title IV, the Secretary shall use not more than  $125,000,000 to carry out section 4304  and not more than $185,000,000 to carry out section 4305, of which not more than $15,000,000 shall be available to carry
                   out section 4305(a)(2) and not more than $20,000,000 shall be available to carry out the activities in section 4305(a)(3):
                   Provided further, That the funds used to carry out section 4305(b)  shall remain available through March 31,  2021 : Provided further, That notwithstanding section 4601(b), $300,000,000 shall be available through December 31,  2020 for subpart 1 of part F of title IV: Provided further, That the Secretary may restrict eligibility under section 4611(b) to local educational agencies.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0204–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Education, innovation and research
                      123
                      130
                      300

                      0002
                      Teacher and school leader incentive fund
                      200
                      200
                      200

                      0003
                      American history and civics
                      3
                      5

                      0004
                      Supporting effective educator development (SEED)
                      75
                      75

                      0005
                      Charter schools
                      300
                      440
                      500

                      0006
                      Magnet schools
                      105
                      107
                      107

                      0007
                      Ready to learn programming
                      28
                      28

                      0008
                      Arts in education
                      29
                      29

                      0009
                      Javits gifted and talented education
                      12
                      12

                      0010
                      Statewide family engagement centers
                      10
                      10

                      0799
                      Total direct obligations
                      885
                      1,036
                      1,107

                      0801
                      DC schools/SOAR Act
                      57
                      45
                      75

                      0900
                      Total new obligations, unexpired accounts
                      942
                      1,081
                      1,182

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      31
                      116
                      117

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      982
                      1,036
                      1,107

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      45
                      46
                      46

                      1900
                      Budget authority (total)
                      1,027
                      1,082
                      1,153

                      1930
                      Total budgetary resources available
                      1,058
                      1,198
                      1,270

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      116
                      117
                      88

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      2,743
                      2,464
                      1,965

                      3010
                      New obligations, unexpired accounts
                      942
                      1,081
                      1,182

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      2

                      3020
                      Outlays (gross)
                      –1,189
                      –1,580
                      –1,045

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –34

                      3050
                      Unpaid obligations, end of year
                      2,464
                      1,965
                      2,102

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      2,743
                      2,464
                      1,965

                      3200
                      Obligated balance, end of year
                      2,464
                      1,965
                      2,102

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,027
                      1,082
                      1,153

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      3
                      22
                      23

                      4011
                      Outlays from discretionary balances
                      1,186
                      1,558
                      1,022

                      4020
                      Outlays, gross (total)
                      1,189
                      1,580
                      1,045

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –45
                      –46
                      –46

                      4180
                      Budget authority, net (total)
                      982
                      1,036
                      1,107

                      4190
                      Outlays, net (total)
                      1,144
                      1,534
                      999

             Education innovation and research.—Funds would support competitive grants for demonstration projects aimed at improving the quality and effectiveness of classroom
                instruction by empowering teachers to select their own professional development activities, while maintaining strong support
                for field-initiated projects that would promote innovation and reform in science, technology, engineering, and mathematics
                (STEM) education, including computer science.

             Teacher and school leader incentive grants.—Funds would help elevate the teaching profession by recognizing and rewarding teaching excellence, improving continuing
                education for teachers, and expanding teacher preparation.

             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.

          Object Classification (in millions of dollars)

                      Identification code 091–0204–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      17
                      17
                      17

                      25.5
                      Research and development contracts
                      3

                      41.0
                      Grants, subsidies, and contributions
                      865
                      1,019
                      1,090

                      99.0
                      Direct obligations
                      885
                      1,036
                      1,107

                      99.0
                      Reimbursable obligations
                      57
                      45
                      75

                      99.9
                      Total new obligations, unexpired accounts
                      942
                      1,081
                      1,182

             Office of English Language AcquisitionFederal Funds
             English Language AcquisitionFor carrying out part A of title III of the ESEA, $737,400,000, which shall become available on July 1,  2020, and shall remain available through September 30,  2021, except that 6.5 percent of such amount shall be available on October 1,  2019, and shall remain available through September 30,  2021, to carry out activities under section 3111(c)(1)(C).
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–1300–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      English language acquisition grants
                      735
                      737
                      737

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      4
                      6
                      6

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      737
                      737
                      737

                      1930
                      Total budgetary resources available
                      741
                      743
                      743

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      6
                      6
                      6

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,068
                      1,101
                      1,024

                      3010
                      New obligations, unexpired accounts
                      735
                      737
                      737

                      3020
                      Outlays (gross)
                      –698
                      –814
                      –743

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –4

                      3050
                      Unpaid obligations, end of year
                      1,101
                      1,024
                      1,018

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,068
                      1,101
                      1,024

                      3200
                      Obligated balance, end of year
                      1,101
                      1,024
                      1,018

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      737
                      737
                      737

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      2
                      7
                      7

                      4011
                      Outlays from discretionary balances
                      696
                      807
                      736

                      4020
                      Outlays, gross (total)
                      698
                      814
                      743

                      4180
                      Budget authority, net (total)
                      737
                      737
                      737

                      4190
                      Outlays, net (total)
                      698
                      814
                      743

             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.

          Object Classification (in millions of dollars)

                      Identification code 091–1300–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      2
                      2
                      2

                      41.0
                      Grants, subsidies, and contributions
                      733
                      735
                      735

                      99.9
                      Total new obligations, unexpired accounts
                      735
                      737
                      737

             Office of Special Education and Rehabilitative ServicesFederal Funds
             Special educationFor carrying out the Individuals with Disabilities Education Act (IDEA)  ,  $13,451,145,000, of which  $3,101,409,000 shall become available on July 1,  2020, and shall remain available through September 30,  2021, and of which  $10,124,103,000 shall become available on October 1,  2020, and shall remain available through September 30,  2021, for academic year  2020–2021: 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  2019, 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  2019: 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: Provided further, That States may use funds reserved for other State-level activities under sections 611(e)(2) and 619(f)
                   of the IDEA to make subgrants to local educational agencies, institutions of higher education, other public agencies, and
                   private non-profit organizations to carry out activities authorized by such sections: Provided further, That notwithstanding
                   section 643(e)(2)(A) of the IDEA, if 5 or fewer States apply for grants pursuant to section 643(e) of such Act, the Secretary
                   shall provide a grant to each State in an amount equal to the maximum amount described in section 643(e)(2)(B) of such Act:
                   Provided further, That if more than 5 States apply for grants pursuant to section 643(e) of the IDEA, the Secretary shall
                   award funds to those States on the basis of the States' relative populations of infants and toddlers except that no such State
                   shall receive a grant in excess of the amount described in section 643(e)(2)(B) of such Act.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0300–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Grants to States
                      12,264
                      12,364
                      11,524

                      0002
                      Preschool grants
                      381
                      391
                      391

                      0003
                      Grants for infants and families
                      470
                      470
                      470

                      0091
                      Subtotal, State grants
                      13,115
                      13,225
                      12,385

                      0101
                      State personnel development
                      39
                      39
                      39

                      0102
                      Technical assistance and dissemination
                      44
                      44
                      44

                      0103
                      Personnel preparation
                      84
                      87
                      87

                      0104
                      Parent information centers
                      27
                      27
                      27

                      0105
                      Educational technology, media, and materials
                      28
                      28
                      28

                      0191
                      Subtotal, National activities
                      222
                      225
                      225

                      0201
                      Special Olympics education program
                      15
                      18

                      0900
                      Total new obligations, unexpired accounts
                      13,352
                      13,468
                      12,610

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      2
                      16
                      17

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      4,083
                      4,186
                      3,327

                      Advance appropriations, discretionary:

                      1170
                      Advance appropriation
                      9,283
                      9,283
                      9,283

                      1900
                      Budget authority (total)
                      13,366
                      13,469
                      12,610

                      1930
                      Total budgetary resources available
                      13,368
                      13,485
                      12,627

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      16
                      17
                      17

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      7,527
                      7,927
                      7,950

                      3010
                      New obligations, unexpired accounts
                      13,352
                      13,468
                      12,610

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      1

                      3020
                      Outlays (gross)
                      –12,947
                      –13,445
                      –13,408

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –6

                      3050
                      Unpaid obligations, end of year
                      7,927
                      7,950
                      7,152

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      7,527
                      7,927
                      7,950

                      3200
                      Obligated balance, end of year
                      7,927
                      7,950
                      7,152

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      13,366
                      13,469
                      12,610

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6,199
                      6,326
                      6,284

                      4011
                      Outlays from discretionary balances
                      6,748
                      7,119
                      7,124

                      4020
                      Outlays, gross (total)
                      12,947
                      13,445
                      13,408

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –1

                      Additional offsets against gross budget authority only:

                      4052
                      Offsetting collections credited to expired accounts
                      1

                      4070
                      Budget authority, net (discretionary)
                      13,366
                      13,469
                      12,610

                      4080
                      Outlays, net (discretionary)
                      12,946
                      13,445
                      13,408

                      4180
                      Budget authority, net (total)
                      13,366
                      13,469
                      12,610

                      4190
                      Outlays, net (total)
                      12,946
                      13,445
                      13,408

             SUMMARY OF IDEA FORMULA GRANTS PROGRAM LEVELS (in millions of dollars)

                         2018–2019 Academic Year
                         2019–2020 Academic Year
                         2020–2021 Academic Year

                         Current Budget Authority
                         3,846
                         3,942
                         3,101

                         Advance appropriation
                         9,383
                         9,283
                         10,124

                         Total program level
                         13,129
                         13,226
                         13,226

                         Change in advance appropriation from the previous year
                         0
                         0
                         +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. LEAs may reserve up to 15 percent of the
                funds they receive under Part B of the Individuals with Disabilities Education Act to provide comprehensive coordinated early
                intervening services to children age 3 through grade 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.

             Performance data related to program goals include:
             Basis for Leaving Special Education for Youth with Disabilities Ages 14 and Older

                         2014–2015 Actual
                         2015–2016 Actual
                         2016–2017 Actual

                         Status of Exiting Students

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

                         Graduated with a diploma
                         45.2% / 252,172
                         44.9% / 269,246
                         45.7% / 278,704

                         Graduated through certification
                         6.7% / 37,590
                         7.1% / 42,590
                         7.0% / 42,682

                         Transferred to regular education
                         9.7% / 53,999
                         9.3% / 56,113
                         10.3% / 62,465

                         Dropped out of school/not known to continue
                         11.6% / 64,850
                         11.2% / 67,305
                         11.1% / 67,753

                         Moved, but known to have continued in education
                         25.6% / 142,847
                         26.5% / 158,889
                         24.9% / 151,589

                         Reached maximum age for services/other
                         1.1% / 6,054
                         1.0% / 6,284
                         1.0% / 6,173

                         Total
                         100% / 557,512
                         100% / 600,427
                         100% / 609,366

             Note: Percentages may not add to 100% due to rounding.

          Object Classification (in millions of dollars)

                      Identification code 091–0300–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      1
                      1
                      1

                      41.0
                      Grants, subsidies, and contributions
                      13,351
                      13,467
                      12,609

                      99.9
                      Total new obligations, unexpired accounts
                      13,352
                      13,468
                      12,610

             Rehabilitation servicesFor carrying out, to the extent not otherwise provided, the Rehabilitation Act of 1973 and the Helen Keller National Center
                Act,  $3,719,527,000, of which  $3,610,040,000 shall be for grants for vocational rehabilitation services under title I of the Rehabilitation Act .
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0301–0–1–506
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Vocational rehabilitation State grants
                      3,225
                      3,304
                      3,603

                      0002
                      Client assistance State grants
                      13
                      13
                      13

                      0003
                      Supported employment State grants
                      23
                      23

                      0004
                      Training
                      29
                      29
                      29

                      0005
                      Demonstration and Training Programs
                      6
                      6
                      6

                      0006
                      Independent living services for older blind individuals
                      33
                      33
                      33

                      0007
                      Protection and advocacy of individual rights
                      18
                      18
                      18

                      0008
                      Helen Keller National Center
                      12
                      13
                      10

                      0100
                      Total direct program
                      3,359
                      3,439
                      3,712

                      0900
                      Total new obligations, unexpired accounts
                      3,359
                      3,439
                      3,712

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      134
                      135
                      109

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      3,453
                      3,522
                      3,603

                      1230
                      Appropriations and/or unobligated balance of appropriations permanently reduced
                      –228
                      –218

                      1260
                      Appropriations, mandatory (total)
                      3,225
                      3,304
                      3,603

                      1900
                      Budget authority (total)
                      3,359
                      3,439
                      3,712

                      1930
                      Total budgetary resources available
                      3,359
                      3,439
                      3,712

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,925
                      2,040
                      1,909

                      3010
                      New obligations, unexpired accounts
                      3,359
                      3,439
                      3,712

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      20

                      3020
                      Outlays (gross)
                      –3,145
                      –3,570
                      –3,565

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –119

                      3050
                      Unpaid obligations, end of year
                      2,040
                      1,909
                      2,056

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,925
                      2,040
                      1,909

                      3200
                      Obligated balance, end of year
                      2,040
                      1,909
                      2,056

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      134
                      135
                      109

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      58
                      68
                      54

                      4011
                      Outlays from discretionary balances
                      83
                      68
                      69

                      4020
                      Outlays, gross (total)
                      141
                      136
                      123

                      Mandatory:

                      4090
                      Budget authority, gross
                      3,225
                      3,304
                      3,603

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      1,696
                      1,652
                      1,802

                      4101
                      Outlays from mandatory balances
                      1,308
                      1,782
                      1,640

                      4110
                      Outlays, gross (total)
                      3,004
                      3,434
                      3,442

                      4180
                      Budget authority, net (total)
                      3,359
                      3,439
                      3,712

                      4190
                      Outlays, net (total)
                      3,145
                      3,570
                      3,565

             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 2017, State VR agencies assisted
                an estimated 173,378 individuals with disabilities to obtain an employment outcome, about 93 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 required 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 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.

             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.
                To further the goals of the President's Executive Order on Expanding Apprenticeships in America (E.O. 13801), the 2019 request
                includes an increase in funds to support an inclusive apprenticeship technical assistance center that would expand apprenticeship
                opportunities for individuals with disabilities, particularly individuals with significant disabilities.

             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.

          Object Classification (in millions of dollars)

                      Identification code 091–0301–0–1–506
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      1
                      1
                      1

                      41.0
                      Grants, subsidies, and contributions
                      3,358
                      3,438
                      3,711

                      99.9
                      Total new obligations, unexpired accounts
                      3,359
                      3,439
                      3,712

             Special Institutions for Persons With Disabilities
             american printing house for the blindFor carrying out the Act to  Promote the Education of the Blind of March 3, 1879,  $25,431,000.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0600–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      American printing house for the blind
                      27
                      30
                      25

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      27
                      30
                      25

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      27
                      30
                      25

                      1930
                      Total budgetary resources available
                      27
                      30
                      25

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      7
                      9
                      7

                      3010
                      New obligations, unexpired accounts
                      27
                      30
                      25

                      3020
                      Outlays (gross)
                      –25
                      –32
                      –27

                      3050
                      Unpaid obligations, end of year
                      9
                      7
                      5

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      7
                      9
                      7

                      3200
                      Obligated balance, end of year
                      9
                      7
                      5

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      27
                      30
                      25

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      18
                      22
                      19

                      4011
                      Outlays from discretionary balances
                      7
                      10
                      8

                      4020
                      Outlays, gross (total)
                      25
                      32
                      27

                      4180
                      Budget authority, net (total)
                      27
                      30
                      25

                      4190
                      Outlays, net (total)
                      25
                      32
                      27

             The 2020 request 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 2018, the portion of the Federal appropriation allocated to educational materials represented
                approximately 70 percent of the Printing House's total sales. The full 2018 appropriation represented approximately 60 percent
                of the Printing House's total budget. The 2020 request is expected to be allocated in a similar manner.

             National technical institute for the deafFor the National Technical Institute for the Deaf under titles I and II of the Education of the Deaf Act of 1986,  $70,016,000: Provided, That from the total amount available, the Institute may at its discretion use funds for the endowment program as authorized
                under section 207 of such Act.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0601–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Operations
                      73
                      78
                      70

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      73
                      78
                      70

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      73
                      78
                      70

                      1930
                      Total budgetary resources available
                      73
                      78
                      70

                      Change in obligated balance:

                      Unpaid obligations:

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

                      3010
                      New obligations, unexpired accounts
                      73
                      78
                      70

                      3020
                      Outlays (gross)
                      –72
                      –82
                      –70

                      3050
                      Unpaid obligations, end of year
                      5
                      1
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      4
                      5
                      1

                      3200
                      Obligated balance, end of year
                      5
                      1
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      73
                      78
                      70

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      71
                      78
                      70

                      4011
                      Outlays from discretionary balances
                      1
                      4

                      4020
                      Outlays, gross (total)
                      72
                      82
                      70

                      4180
                      Budget authority, net (total)
                      73
                      78
                      70

                      4190
                      Outlays, net (total)
                      72
                      82
                      70

             This 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 2018, the Federal appropriation
                represented approximately 73 percent of the Institute's operating budget. The 2020 request includes funds that may be used
                for the Endowment Grant program.

             Gallaudet universityFor the Kendall Demonstration Elementary School, the Model Secondary School for the Deaf, and the partial support of Gallaudet
                University under titles I and II of the Education of the Deaf Act of 1986,  $121,275,000: Provided, That from the total amount available, the University may at its discretion use funds for the endowment program as authorized
                under section 207 of such Act.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0602–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Operations
                      128
                      134
                      121

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      128
                      134
                      121

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      128
                      134
                      121

                      1930
                      Total budgetary resources available
                      128
                      134
                      121

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts
                      128
                      134
                      121

                      3020
                      Outlays (gross)
                      –128
                      –134
                      –121

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      128
                      134
                      121

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      128
                      134
                      121

                      4180
                      Budget authority, net (total)
                      128
                      134
                      121

                      4190
                      Outlays, net (total)
                      128
                      134
                      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.

             The University 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 2018, the appropriation for Gallaudet represented approximately 60 percent of total revenue for the University.  Approximately
                28 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 2020 request includes
                funds that may be used for the Endowment Grant program.

             Office of Career, Technical, and Adult EducationFederal Funds
             Career, technical, and adult educationFor carrying out, to the extent not otherwise provided, the Carl D. Perkins Career and Technical Education Act of 2006 ("Perkins Act"), and the Adult Education and Family Literacy Act ("AEFLA"),  $1,842,159,000, of which  $1,051,159,000 shall become available on July 1,  2020, and shall remain available through September 30,  2021, and of which $791,000,000 shall become available on October 1,  2020, and shall remain available through September 30,  2021: Provided, That notwithstanding section 114(e)(1) of the Perkins Act, $13,000,000 shall be available for innovation and modernization
                   grants under section 114(e) of such Act: Provided further, That, notwithstanding section 211(a)(1) of the AEFLA, of the amounts made available for the AEFLA,  $73,712,000 shall be for national leadership activities under section 242: Provided further, That of the amounts made available in the preceding proviso, $60,000,000 shall be for grants to States
                   to support pre-apprenticeship activities that help low-skilled adults meet the entrance requirements of apprenticeship programs:
                   Provided further, That the Department shall award the grants authorized in the preceding proviso to States by distributing
                   50 percent of such funds in the same manner as prescribed in section 211(c) of the AEFLA and distributing remaining 50 percent
                   of such funds based on each State's relative share of unemployed persons who are eligible individuals as defined in section
                   203(4) of the AEFLA.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0400–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Career and Technical Education State Grants
                      1,192
                      1,263
                      1,263

                      0002
                      Career and Technical Education National Activities
                      8
                      7
                      20

                      0091
                      Subtotal, Career and Technical
                      1,200
                      1,270
                      1,283

                      0101
                      Adult Basic and Literacy Education State Grants
                      621
                      642
                      486

                      0102
                      Adult Education National Leadership Activities
                      13
                      14
                      74

                      0191
                      Subtotal, Adult Education
                      634
                      656
                      560

                      0799
                      Total direct obligations
                      1,834
                      1,926
                      1,843

                      0801
                      Reimbursable program activity
                      2

                      0900
                      Total new obligations, unexpired accounts
                      1,836
                      1,926
                      1,843

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      28
                      23
                      23

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      1,040
                      1,135
                      1,051

                      Advance appropriations, discretionary:

                      1170
                      Advance appropriation
                      791
                      791
                      791

                      1900
                      Budget authority (total)
                      1,831
                      1,926
                      1,842

                      1930
                      Total budgetary resources available
                      1,859
                      1,949
                      1,865

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      23
                      23
                      22

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,400
                      1,601
                      1,696

                      3010
                      New obligations, unexpired accounts
                      1,836
                      1,926
                      1,843

                      3020
                      Outlays (gross)
                      –1,629
                      –1,831
                      –1,892

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –6

                      3050
                      Unpaid obligations, end of year
                      1,601
                      1,696
                      1,647

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,400
                      1,601
                      1,696

                      3200
                      Obligated balance, end of year
                      1,601
                      1,696
                      1,647

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,831
                      1,926
                      1,842

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      541
                      611
                      607

                      4011
                      Outlays from discretionary balances
                      1,088
                      1,220
                      1,285

                      4020
                      Outlays, gross (total)
                      1,629
                      1,831
                      1,892

                      4180
                      Budget authority, net (total)
                      1,831
                      1,926
                      1,842

                      4190
                      Outlays, net (total)
                      1,629
                      1,831
                      1,892

             SUMMARY OF PROGRAM LEVEL (in millions of dollars)

                         2018–19 Academic Year
                         2019–20 Academic Year
                         2020–21 Academic Year

                         New Budget Authority
                         1,040
                         1,135
                         1,051

                         Advance Appropriation
                         791
                         791
                         791

                         Total program level
                         1,831
                         1,926
                         1,842

                         Change in advance appropriation over previous year
                         0
                         0
                         0

             Career and Technical Education:
             Career and technical education State grants.—Funds support formula grants to States to expand and improve career and technical education (CTE) in high schools, technical
                schools, and community colleges under the reauthorized Carl D. Perkins Career and Technical Education Act of 2006, as amended.

             Career and technical education national programs.—Funds support research, development, dissemination, evaluation, assessment, capacity building, and technical assistance
                activities aimed at improving the quality and effectiveness of CTE programs under the reauthorized Carl D. Perkins Career
                and Technical Education Act of 2006, as amended. Funds would also support a competition for the newly authorized Innovation
                and Modernization grants program focusing on science, technology, engineering, and mathematics (STEM) fields, including computer
                science.

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

             Adult education national leadership activities.—Funds support discretionary activities to evaluate the effectiveness of Federal, State, and local adult education programs,
                to test and demonstrate methods of improving program quality, and to provide technical assistance to States. Funds would also
                support State efforts to create pre-apprenticeship programs that increase the number of adults who are able to meet the basic
                entrance requirements of apprenticeship programs.

          Object Classification (in millions of dollars)

                      Identification code 091–0400–0–1–501
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services
                      15
                      15
                      15

                      25.2
                      Other services from non-Federal sources
                      1
                      1
                      1

                      25.5
                      Research and development contracts
                      3
                      3
                      3

                      25.7
                      Operation and maintenance of equipment
                      1
                      1
                      1

                      41.0
                      Grants, subsidies, and contributions
                      1,816
                      1,906
                      1,823

                      99.9
                      Total new obligations, unexpired accounts
                      1,836
                      1,926
                      1,843

             Career and Technical Education State Grants, H-1B Funded
             Career and Technical Education State Grants, H-1B Funded
             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–5660–4–2–504
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Career and Technical Education State Grants, H-1B Funded

                      114

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

                      114

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1201
                      Appropriation (special or trust fund)

                      114

                      1930
                      Total budgetary resources available

                      114

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      114

                      3020
                      Outlays (gross)

                      –6

                      3050
                      Unpaid obligations, end of year

                      108

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      108

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      114

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      6

                      4180
                      Budget authority, net (total)

                      114

                      4190
                      Outlays, net (total)

                      6

             The Budget proposes authorizing legislation to double the American Competitiveness and Workforce Improvement Act (ACWIA) fee
                for the H-1B visa program in order to help train American workers and close the skills gap. The proposal would increase the
                AWCIA fee to $3,000 per worker for large employers and $1,500 per worker for small employers. The increased revenue would
                provide additional funding for Department of Labor (DOL) job training grants to support apprenticeship and continue to support
                other job training and related expenses at DOL, Department of Homeland Security, and the National Science Foundation. In addition,
                this year's proposal would initiate a new set-aside for the Department of Education's Career and Technical Education State
                Grants.

             Office of Postsecondary EducationFederal Funds
             Higher educationFor carrying out, to the extent not otherwise provided, titles   III, IV, V,   and VII of the HEA,   and section 117 of the Carl D. Perkins Career and Technical Education Act of 2006,  $1,534,487,000 .
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0201–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Strengthening institutions
                      99
                      100

                      0002
                      Strengthening tribally controlled colleges and universities
                      60
                      60
                      28

                      0003
                      Strengthening Alaska Native- and Native Hawaiian-serving institutions
                      28
                      30

                      0004
                      Strengthening historically Black colleges and universities (HBCUs)
                      359
                      361
                      282

                      0005
                      Strengthening historically Black graduate institutions
                      72
                      73
                      73

                      0007
                      Strengthening predominantly Black institutions
                      25
                      26

                      0008
                      Strengthening Asian American- and Native American Pacific Islander-serving institutions
                      8
                      9

                      0009
                      Strengthening Native American-serving nontribal institutions
                      8
                      9

                      0010
                      Minority science and engineering improvement
                      11
                      11
                      10

                      0011
                      Strengthening historically Black masters programs
                      9
                      9
                      9

                      0091
                      Subtotal, aid for institutional development
                      679
                      688
                      402

                      0101
                      Developing Hispanic-serving institutions
                      123
                      124

                      0102
                      Developing Hispanic-serving institution STEM and articulation programs
                      93
                      94

                      0103
                      Promoting baccalaureate opportunities for Hispanic Americans
                      11
                      11

                      0104
                      International education and foreign language studies
                      72
                      72

                      0105
                      Model transition programs for students with intellectual disabilities
                      12
                      12
                      12

                      0106
                      Tribally controlled postsecondary career and technical institutions
                      9
                      10
                      8

                      0191
                      Subtotal, other aid for institutions
                      320
                      323
                      20

                      0201
                      Federal TRIO programs
                      1,010
                      1,060
                      950

                      0202
                      Gaining early awareness and readiness for undergraduate programs (GEAR UP)
                      350
                      360

                      0203
                      Graduate assistance in areas of national need
                      23
                      23

                      0204
                      Child care access means parents in school
                      50
                      50
                      15

                      0291
                      Subtotal, assistance for students
                      1,433
                      1,493
                      965

                      0301
                      Fund for the improvement of postsecondary education (FIPSE)
                      6
                      5

                      0302
                      Teacher quality partnerships
                      43
                      43

                      0391
                      Assistance for students, subtotal
                      49
                      48

                      0401
                      Consolidated MSI Grant

                      148

                      0900
                      Total new obligations, unexpired accounts
                      2,481
                      2,552
                      1,535

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1
                      2
                      1

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      1
                      2

                      1012
                      Unobligated balance transfers between expired and unexpired accounts
                      117

                      1050
                      Unobligated balance (total)
                      118
                      2
                      1

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      2,247
                      2,312
                      1,534

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      255
                      255

                      1230
                      Appropriations and/or unobligated balance of appropriations permanently reduced
                      –17
                      –16

                      1260
                      Appropriations, mandatory (total)
                      238
                      239

                      1900
                      Budget authority (total)
                      2,485
                      2,551
                      1,534

                      1930
                      Total budgetary resources available
                      2,603
                      2,553
                      1,535

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –120

                      1941
                      Unexpired unobligated balance, end of year
                      2
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3,299
                      3,494
                      3,548

                      3010
                      New obligations, unexpired accounts
                      2,481
                      2,552
                      1,535

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      2

                      3020
                      Outlays (gross)
                      –2,262
                      –2,498
                      –2,506

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –26

                      3050
                      Unpaid obligations, end of year
                      3,494
                      3,548
                      2,577

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3,299
                      3,494
                      3,548

                      3200
                      Obligated balance, end of year
                      3,494
                      3,548
                      2,577

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      2,247
                      2,312
                      1,534

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      26
                      69
                      46

                      4011
                      Outlays from discretionary balances
                      2,049
                      2,077
                      2,213

                      4020
                      Outlays, gross (total)
                      2,075
                      2,146
                      2,259

                      Mandatory:

                      4090
                      Budget authority, gross
                      238
                      239

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      7

                      4101
                      Outlays from mandatory balances
                      187
                      345
                      247

                      4110
                      Outlays, gross (total)
                      187
                      352
                      247

                      4180
                      Budget authority, net (total)
                      2,485
                      2,551
                      1,534

                      4190
                      Outlays, net (total)
                      2,262
                      2,498
                      2,506

             Aid for institutional development:
             Strengthening tribally controlled colleges and universities.—Discretionary 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 historically Black colleges and universities.—Discretionary 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 historically Black graduate institutions to improve and expand their capacity to serve students and
                to strengthen management and fiscal operations.

             Strengthening HBCU Masters program.—Funds support grants to historically Black institutions to improve graduate education opportunities at the Masters level in
                scientific disciplines in which African Americans are underrepresented.

             Minority science and engineering improvement.—Funds support grants to predominantly minority institutions to help them make long-range improvements in science and engineering
                education to increase the participation of minorities in scientific and technological careers.

             Other aid for institutions:
             Model transition programs for students with intellectual disabilities into higher education.—Funds support grants to institutions of higher education or consortia of such institutions to create or expand high quality,
                inclusive model comprehensive transition and postsecondary programs for students with intellectual disabilities.

             Tribally controlled postsecondary career and technical institutions.—Funds support the operation and improvement of eligible tribally controlled postsecondary career institutions to ensure continued
                and expanded educational opportunities for Indian students.

             Assistance for students:
             Federal TRIO programs.—Funds would support the transition to a single State formula grant program that would support all existing TRIO activities,
                as well as those authorized under Gaining Early Awareness and Readiness for Undergraduate Programs (GEAR UP), to help low-income
                and other disadvantaged students progress through the academic pipeline from middle school through college.

             Child care access means parents in school.—Funds support a program designed to bolster the participation of low-income parents in postsecondary education through the
                provision of campus-based child care services.

             Consolidated MSI Grant.—Funds would support grants allocated by institutional formula to minority-serving institutions that are currently eligible
                to receive competitive grants under certain programs currently authorized in Titles III and V of the Higher Education Act
                of 1965, as amended. These include Strengthening Alaska Native and Native Hawaiian-serving Institutions program, Strengthening
                Predominantly Black Institutions program, Strengthening Asian American and Native American Pacific Islander-serving Institutions
                program, Strengthening Native American-serving Nontribal Institutions program, Developing Hispanic-Serving Institutions program,
                and Promoting Postbaccalaureate Opportunities for Hispanic Americans program.

             Pooled Evaluation.—Requested authority would enable the Department to reserve up to 0.5 percent of funding annually appropriated for certain
                Higher Education Act (HEA) programs for rigorous program evaluation, data collection, and analysis of outcome data.

          Object Classification (in millions of dollars)

                      Identification code 091–0201–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      2
                      2

                      25.3
                      Other goods and services from Federal sources
                      1
                      1

                      25.7
                      Operation and maintenance of equipment
                      3
                      3
                      2

                      41.0
                      Grants, subsidies, and contributions
                      2,475
                      2,546
                      1,533

                      99.9
                      Total new obligations, unexpired accounts
                      2,481
                      2,552
                      1,535

             Howard UniversityFor partial support of Howard University,  $221,821,000, of which not less than $3,405,000 shall be for a matching endowment grant pursuant to the Howard University Endowment Act
                and shall remain available until expended.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0603–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      General support
                      205
                      209
                      195

                      0002
                      Howard University Hospital
                      27
                      27
                      27

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      232
                      236
                      222

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      1
                      2

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      233
                      237
                      222

                      1930
                      Total budgetary resources available
                      233
                      238
                      224

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      1
                      2
                      2

                      Change in obligated balance:

                      Unpaid obligations:

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

                      3010
                      New obligations, unexpired accounts
                      232
                      236
                      222

                      3020
                      Outlays (gross)
                      –232
                      –238
                      –222

                      3050
                      Unpaid obligations, end of year
                      3
                      1
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3
                      3
                      1

                      3200
                      Obligated balance, end of year
                      3
                      1
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      233
                      237
                      222

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      229
                      235
                      220

                      4011
                      Outlays from discretionary balances
                      3
                      3
                      2

                      4020
                      Outlays, gross (total)
                      232
                      238
                      222

                      4180
                      Budget authority, net (total)
                      233
                      237
                      222

                      4190
                      Outlays, net (total)
                      232
                      238
                      222

             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 2019, the Federal appropriation represented approximately 30 percent of the University's revenue and 10 percent of the
                Hospital's revenue. The 2020 request is expected to be allocated in a similar manner.

             College housing and academic facilities loans programFor Federal administrative expenses to carry out activities related to existing facility loans pursuant to section 121 of
                the HEA, $435,000.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0241–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy
                      8
                      23
                      27

                      0703
                      Subsidy for modifications of direct loans
                      82
                      20
                      20

                      0705
                      Reestimates of direct loan subsidy
                      46
                      12

                      0706
                      Interest on reestimates of direct loan subsidy
                      40
                      21

                      0709
                      Administrative expenses
                      1
                      1
                      1

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      177
                      77
                      48

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      20
                      19
                      16

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      102
                      41
                      41

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      87
                      33

                      1900
                      Budget authority (total)
                      189
                      74
                      41

                      1930
                      Total budgetary resources available
                      209
                      93
                      57

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –13

                      1941
                      Unexpired unobligated balance, end of year
                      19
                      16
                      9

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      21
                      19
                      20

                      3010
                      New obligations, unexpired accounts
                      177
                      77
                      48

                      3020
                      Outlays (gross)
                      –177
                      –76
                      –48

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –2

                      3050
                      Unpaid obligations, end of year
                      19
                      20
                      20

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      21
                      19
                      20

                      3200
                      Obligated balance, end of year
                      19
                      20
                      20

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      102
                      41
                      41

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      81
                      23
                      41

                      4011
                      Outlays from discretionary balances
                      9
                      20
                      7

                      4020
                      Outlays, gross (total)
                      90
                      43
                      48

                      Mandatory:

                      4090
                      Budget authority, gross
                      87
                      33

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      87
                      33

                      4180
                      Budget authority, net (total)
                      189
                      74
                      41

                      4190
                      Outlays, net (total)
                      177
                      76
                      48

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

                      Identification code 091–0241–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115002
                      Historically Black Colleges and Universities
                      253
                      285
                      280

                      115999
                      Total direct loan levels
                      253
                      285
                      280

                      Direct loan subsidy (in percent):

                      132002
                      Historically Black Colleges and Universities
                      3.19
                      8.08
                      9.50

                      132999
                      Weighted average subsidy rate
                      3.19
                      8.08
                      9.50

                      Direct loan subsidy budget authority:

                      133002
                      Historically Black Colleges and Universities
                      8
                      23
                      27

                      133999
                      Total subsidy budget authority
                      8
                      23
                      27

                      Direct loan subsidy outlays:

                      134002
                      Historically Black Colleges and Universities
                      19
                      42
                      47

                      134003
                      HBCU Hurricane Supplemental
                      71

                      134999
                      Total subsidy outlays
                      90
                      42
                      47

                      Direct loan reestimates:

                      135002
                      Historically Black Colleges and Universities
                      75
                      27

                      135003
                      HBCU Hurricane Supplemental
                      2

                      135999
                      Total direct loan reestimates
                      77
                      27

                      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.

          Employment Summary

                      Identification code 091–0241–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      1001
                      Direct civilian full-time equivalent employment
                      3
                      4
                      4

             College Housing and Academic Facilities Loans Financing AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4252–0–3–502
                      2018 actual
                      2019 est.
                      2020 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

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4252–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      5
                      4
                      4

                      1251
                      Repayments: Repayments and prepayments
                      –1

                      1290
                      Outstanding, end of year
                      4
                      4
                      4

             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 College Housing and Academic Facilities loan program. Amounts in this account are a means of financing
                and are not included in the budget totals.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4252–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

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

                      1401
                      Direct loans receivable, gross
                      5
                      4

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

                      1499
                      Net present value of assets related to direct loans
                      4
                      3

                      1999
                      Total assets
                      4
                      3

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt
                      4
                      3

                      4999
                      Total liabilities and net position
                      4
                      3

             College Housing and Academic Facilities Loans Liquidating AccountProgram and Financing (in millions of dollars)

                      Identification code 091–0242–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      2
                      2
                      2

                      0900
                      Total new obligations, unexpired accounts (object class 43.0)
                      2
                      2
                      2

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      6
                      8

                      1022
                      Capital transfer of unobligated balances to general fund
                      –6
                      –8

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      1
                      1
                      1

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      11
                      11
                      11

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

                      –8
                      –8

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –2
                      –2
                      –2

                      1850
                      Spending auth from offsetting collections, mand (total)
                      9
                      1
                      1

                      1900
                      Budget authority (total)
                      10
                      2
                      2

                      1930
                      Total budgetary resources available
                      10
                      2
                      2

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      8

                      Change in obligated balance:

                      Unpaid obligations:

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

                      3010
                      New obligations, unexpired accounts
                      2
                      2
                      2

                      3020
                      Outlays (gross)
                      –2
                      –2
                      –2

                      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
                      10
                      2
                      2

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      2
                      2
                      2

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –11
                      –11
                      –11

                      4180
                      Budget authority, net (total)
                      –1
                      –9
                      –9

                      4190
                      Outlays, net (total)
                      –9
                      –9
                      –9

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–0242–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      120
                      35
                      33

                      1251
                      Repayments: Repayments and prepayments
                      –2
                      –2
                      –2

                      1264
                      Other adjustments, net (+ or -)
                      –83

                      1290
                      Outstanding, end of year
                      35
                      33
                      31

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

          Balance Sheet (in millions of dollars)

                      Identification code 091–0242–0–1–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury

                      8

                      1601
                      Direct loans, gross
                      120
                      35

                      1602
                      Interest receivable
                      2
                      4

                      1603
                      Allowance for estimated uncollectible loans and interest (-)

                      –11

                      1699
                      Value of assets related to direct loans
                      122
                      28

                      1999
                      Total assets
                      122
                      36

                      LIABILITIES:

                      Federal liabilities:

                      2103
                      Debt
                      19
                      16

                      2104
                      Resources payable to Treasury
                      103
                      8

                      2999
                      Total liabilities
                      122
                      24

                      NET POSITION:

                      3100
                      Unexpended appropriations

                      2

                      3300
                      Cumulative results of operations

                      10

                      3999
                      Total net position

                      12

                      4999
                      Total liabilities and net position
                      122
                      36

             Historically Black College and University Capital Financing Program AccountFor the cost of guaranteed loans, $20,150,000, as authorized pursuant to part D of title III of the HEA, which shall remain
                available through September 30, 2020: 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  $212,100,000: 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, $20,000,000 shall be made available to provide for the deferment of loans made under part D of title III of the
                HEA to eligible institutions that are private Historically Black Colleges and Universities, which apply for the deferment
                of such a loan and demonstrate financial need for such deferment by having a score of 2.6 or less on the Department of Education's
                financial responsibility test: Provided, That during the period of deferment of such a loan, interest on the loan will not accrue or be capitalized, and the period
                of deferment shall be for at least a period of 3-fiscal years and not more than 6-fiscal years: Provided further, That funds available under this paragraph shall  not be available to fund eligible deferment requests submitted for this purpose in the current fiscal year  2019: Provided further, That the Secretary shall create and execute an outreach plan to work with States and the Capital Financing Advisory Board
                to improve outreach to States and help additional public Historically Black Colleges and Universities participate in the program.
          In addition, for administrative expenses to carry out the Historically Black College and University Capital Financing Program
                entered into pursuant to part D of title III of the HEA, $334,000.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–4255–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0004
                      Interest paid to Treasury (FFB)
                      49
                      45
                      52

                      0005
                      Katrina Interest expenses
                      3

                      0006
                      Deferment Mod expenses

                      36

                      0091
                      Direct program activities, subtotal
                      52
                      81
                      52

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      253
                      285
                      280

                      0742
                      Downward reestimates paid to receipt accounts
                      5
                      4

                      0743
                      Interest on downward reestimates
                      4
                      2

                      0791
                      Direct program activities, subtotal
                      262
                      291
                      280

                      0900
                      Total new obligations, unexpired accounts
                      314
                      372
                      332

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      330
                      170
                      206

                      1023
                      Unobligated balances applied to repay debt
                      –326

                      1050
                      Unobligated balance (total)
                      4
                      170
                      206

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      253
                      285
                      285

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      284
                      182
                      165

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund
                      –8
                      –2

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –49
                      –57
                      –81

                      1850
                      Spending auth from offsetting collections, mand (total)
                      227
                      123
                      84

                      1900
                      Budget authority (total)
                      480
                      408
                      369

                      1930
                      Total budgetary resources available
                      484
                      578
                      575

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      170
                      206
                      243

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      242
                      230
                      236

                      3010
                      New obligations, unexpired accounts
                      314
                      372
                      332

                      3020
                      Outlays (gross)
                      –326
                      –366
                      –332

                      3050
                      Unpaid obligations, end of year
                      230
                      236
                      236

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      242
                      230
                      236

                      3200
                      Obligated balance, end of year
                      230
                      236
                      236

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      480
                      408
                      369

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      326
                      366
                      332

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources
                      –177
                      –75
                      –47

                      4122
                      Interest on uninvested funds
                      –19
                      –5
                      –5

                      4123
                      Interest repayments
                      –40
                      –45
                      –52

                      4123
                      Principal repayments
                      –48
                      –57
                      –61

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –284
                      –182
                      –165

                      4160
                      Budget authority, net (mandatory)
                      196
                      226
                      204

                      4170
                      Outlays, net (mandatory)
                      42
                      184
                      167

                      4180
                      Budget authority, net (total)
                      196
                      226
                      204

                      4190
                      Outlays, net (total)
                      42
                      184
                      167

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4255–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      253
                      285
                      280

                      1150
                      Total direct loan obligations
                      253
                      285
                      280

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      1,559
                      1,452
                      1,680

                      1231
                      Disbursements: Direct loan disbursements
                      264
                      285
                      280

                      1251
                      Repayments: Repayments and prepayments
                      –48
                      –57
                      –61

                      1264
                      Other adjustments, net (+ or -)
                      –323

                      1290
                      Outstanding, end of year
                      1,452
                      1,680
                      1,899

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4255–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      303
                      143

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

                      1401
                      Direct loans receivable, gross
                      1,559
                      1,452

                      1402
                      Interest receivable
                      12
                      13

                      1405
                      Allowance for subsidy cost (-)
                      –303
                      –143

                      1499
                      Net present value of assets related to direct loans
                      1,268
                      1,322

                      1999
                      Total assets
                      1,571
                      1,465

                      LIABILITIES:

                      Federal liabilities:

                      2102
                      Interest payable
                      12
                      13

                      2103
                      Debt
                      1,559
                      1,452

                      2999
                      Total liabilities
                      1,571
                      1,465

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      1,571
                      1,465

             Office of Federal Student AidFederal Funds
             Student financial assistanceFor carrying out subpart 1  of part A, and part C of title IV of the HEA,  $22,975,352,000, which shall remain available through September 30,  2021.
          The maximum Pell Grant for which a student shall be eligible during award year  2020–2021 shall be $5,135.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0200–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0101
                      Federal Pell grants
                      26,514
                      29,782
                      30,105

                      0201
                      Federal supplemental educational opportunity grants (SEOG)
                      840
                      840

                      0202
                      Federal work-study
                      1,130
                      1,130
                      500

                      0291
                      Campus-based activities - Subtotal
                      1,970
                      1,970
                      500

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      28,484
                      31,752
                      30,605

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      8,479
                      12,037
                      11,257

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      8,479
                      12,037

                      1021
                      Recoveries of prior year unpaid obligations
                      233

                      1050
                      Unobligated balance (total)
                      8,712
                      12,037
                      11,257

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      24,445
                      24,445
                      22,975

                      1105
                      Reappropriation
                      33

                      1131
                      Unobligated balance of appropriations permanently reduced

                      –600
                      –2,000

                      1160
                      Appropriation, discretionary (total)
                      24,478
                      23,845
                      20,975

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      7,332
                      7,127
                      7,313

                      1900
                      Budget authority (total)
                      31,810
                      30,972
                      28,288

                      1930
                      Total budgetary resources available
                      40,522
                      43,009
                      39,545

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –1

                      1941
                      Unexpired unobligated balance, end of year
                      12,037
                      11,257
                      8,940

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      20,791
                      19,107
                      21,298

                      3010
                      New obligations, unexpired accounts
                      28,484
                      31,752
                      30,605

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      685

                      3020
                      Outlays (gross)
                      –30,102
                      –29,561
                      –29,708

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –233

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –518

                      3050
                      Unpaid obligations, end of year
                      19,107
                      21,298
                      22,195

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      20,791
                      19,107
                      21,298

                      3200
                      Obligated balance, end of year
                      19,107
                      21,298
                      22,195

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      24,478
                      23,845
                      20,975

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      6,807
                      4,083
                      3,966

                      4011
                      Outlays from discretionary balances
                      17,541
                      18,733
                      18,484

                      4020
                      Outlays, gross (total)
                      24,348
                      22,816
                      22,450

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –118

                      Additional offsets against gross budget authority only:

                      4052
                      Offsetting collections credited to expired accounts
                      118

                      4070
                      Budget authority, net (discretionary)
                      24,478
                      23,845
                      20,975

                      4080
                      Outlays, net (discretionary)
                      24,230
                      22,816
                      22,450

                      Mandatory:

                      4090
                      Budget authority, gross
                      7,332
                      7,127
                      7,313

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      2,633
                      3,032
                      3,106

                      4101
                      Outlays from mandatory balances
                      3,121
                      3,713
                      4,152

                      4110
                      Outlays, gross (total)
                      5,754
                      6,745
                      7,258

                      4180
                      Budget authority, net (total)
                      31,810
                      30,972
                      28,288

                      4190
                      Outlays, net (total)
                      29,984
                      29,561
                      29,708

          Summary of Budget Authority and Outlays (in millions of dollars)

                      2018 actual
                      2019 est.
                      2020 est.

                      Enacted/requested:

                      Budget Authority
                      31,810
                      30,972
                      28,288

                      Outlays
                      29,984
                      29,561
                      29,708

                      Legislative proposal, not subject to PAYGO:

                      Budget Authority

                      –17

                      Outlays

                      –8

                      Legislative proposal, subject to PAYGO:

                      Budget Authority

                      –4

                      Outlays

                      –2

                      Total:

                      Budget Authority
                      31,810
                      30,972
                      28,267

                      Outlays
                      29,984
                      29,561
                      29,698

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–0200–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      422
                      472
                      479

                      1251
                      Repayments: Repayments and prepayments
                      –29
                      –29
                      –29

                      1264
                      Other adjustments, net (+ or -)
                      79
                      36
                      36

                      1290
                      Outstanding, end of year
                      472
                      479
                      486

             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 nearly 7.6 million awards totaling
                more than $30.6 billion in available aid in award year 2020–2021.

             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 Department of Education Appropriations Act of 2019.

             In 2020, over 7.2 million undergraduates will receive up to $5,135 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 2020 Budget request includes $22.5 billion in discretionary funding for Pell Grants in 2020, which, when combined with
                mandatory funding, will support a projected maximum award of $6,195.

             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 2020 Budget includes $500.0 million for Work-Study, which would generate $548.4 million in aid to 322,440 students. The
                President's 2020 Budget proposes to reform the Federal Work-Study program to support workforce and career-oriented opportunities
                for low-income undergraduate students who can benefit the most, as opposed to subsidized employment for campus-based jobs
                through federal aid. The Budget also proposes to reform the institutional allocation formula in order to focus scarce funds,
                in part, on enrollment of Pell recipients.

             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.

             Pooled Evaluation.—Requested authority in the General Provisions would enable the Department to reserve up to 0.5 percent of funding annually
                appropriated for certain Higher Education Act (HEA) programs for rigorous program evaluation, data collection, and analysis
                of outcome data. The authority would not allow the Department to reserve funds appropriated for Pell Grants, but would allow
                for evaluation of the program with the reserved funds.

             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 2020 data in these
                tables reflect the Administration's Budget proposals.

             Aid Funds Available for Postsecondary Education and Training (in thousands of dollars)

                         2018
                         2019
                         2020

                         Pell grants
                         28,026,215
                         29,747,015
                         30,077,034

                         Student loans:

                         Subsidized Stafford loans
                         21,223,161
                         21,372,010
                         13,304,229

                         Unsubsidized Stafford loans (Undergraduates)
                         22,487,365
                         22,956,323
                         31,630,862

                         Unsubsidized Stafford loans (Graduate students)
                         28,320,312
                         28,940,781
                         29,186,356

                         Unsubsidized Stafford loans (total)
                         50,807,677
                         51,897,104
                         60,817,218

                         Parent PLUS loans
                         13,017,977
                         13,614,109
                         14,204,945

                         Grad PLUS loans
                         10,815,432
                         11,298,577
                         11,888,152

                         PLUS loans (total)
                         23,833,410
                         24,912,686
                         26,093,096

                         Consolidation
                         41,632,348
                         45,296,918
                         46,354,223

                         Student loans, subtotal
                         137,496,595
                         143,478,718
                         146,568,767

                         Work-study
                         1,239,406
                         1,239,406
                         548,410

                         Supplemental educational opportunity grants
                         1,130,929
                         1,130,929
                         0

                         Iraq and Afghanistan service grants1
                         320
                         307
                         0

                         TEACH grants
                         88,979
                         95,800
                         97,173

                         Total aid available
                         167,982,444
                         175,692,175
                         177,921,383

             1Value in 2020 reflects Budget policy to make Iraq and Afghanistan service grants part of the Pell Grant program.
             Number of Aid Awards (in thousands)

                         2018
                         2019
                         2020

                         Pell grants
                         6,557
                         6,997
                         7,250

                         Subsidized Stafford loans
                         6,051
                         6,092
                         4,245

                         Unsubsidized Stafford loans (Undergraduates)
                         6,126
                         6,181
                         8,125

                         Unsubsidized Stafford loans (Graduate students)
                         1,893
                         1,921
                         1,921

                         Parent PLUS loans
                         935
                         963
                         985

                         Grad PLUS loans
                         602
                         617
                         633

                         Consolidation loans
                         693
                         757
                         755

                         Work-study
                         704
                         704
                         322

                         Supplemental educational opportunity grants
                         1,700
                         1,700
                         0

                         Iraq and Afghanistan service grants1,2
                         0
                         0
                         0

                         TEACH grants
                         32
                         32
                         32

                         Total awards
                         25,293
                         25,964
                         24,269

             1Number of recipients is fewer than 1,000.2Value in 2020 reflects Budget policy to make Iraq and Afghanistan service grants part of the Pell Grant program.Note: Numbers may not add due to rounding.
             Average Aid Awards (in whole dollars)

                         2018
                         2019
                         2020

                         Pell grants
                         4,274
                         4,251
                         4,149

                         Subsidized Stafford loans
                         3,508
                         3,508
                         3,134

                         Unsubsidized Stafford loans (Undergraduates)
                         3,671
                         3,714
                         3,893

                         Unsubsidized Stafford loans (Graduate students)
                         14,958
                         15,064
                         15,190

                         Parent PLUS loans
                         13,924
                         14,135
                         14,416

                         Grad PLUS loans
                         17,952
                         18,306
                         18,776

                         Consolidation loans
                         60,048
                         59,833
                         61,433

                         Work-study
                         1,760
                         1,760
                         1,701

                         Supplemental educational opportunity grants
                         665
                         665
                         0

                         Iraq and Afghanistan service grants1
                         5,160
                         5,293
                         0

                         TEACH grants
                         2,823
                         3,010
                         3,023

             1Value in 2020 reflects Budget policy to make Iraq and Afghanistan service grants part of the Pell Grant program.
             Number of Students Aided (in thousands)

                         2018
                         2019
                         2020

                         Unduplicated student count
                         10,718
                         11,011
                         11,850

             Administrative Payments to Institutions (in thousands of dollars)

                         2018
                         2019
                         2020

                         Pell grants
                         32,785
                         34,985
                         36,250

                         Work-study
                         54,271
                         54,271
                         24,014

                         Supplemental educational opportunity grants
                         15,421
                         15,421
                         0

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

                      Identification code 091–0200–2–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0101
                      Federal Pell grants

                      –89

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

                      –89

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      –17

                      1930
                      Total budgetary resources available

                      –17

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      72

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      –89

                      3020
                      Outlays (gross)

                      8

                      3050
                      Unpaid obligations, end of year

                      –81

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      –81

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      –17

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      –8

                      4180
                      Budget authority, net (total)

                      –17

                      4190
                      Outlays, net (total)

                      –8

             Federal Pell grants.— The Budget proposes to except the Department from restrictions of Section 6103 of the Internal Revenue Code to authorize
                the Internal Revenue Service to disclose tax return information directly to the Department for the purpose of administering
                certain Federal student aid programs.

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

                      Identification code 091–0200–4–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0101
                      Federal Pell grants

                      117

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

                      117

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      –4

                      1930
                      Total budgetary resources available

                      –4

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      –121

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      117

                      3020
                      Outlays (gross)

                      2

                      3050
                      Unpaid obligations, end of year

                      119

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      119

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      –4

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      –2

                      4180
                      Budget authority, net (total)

                      –4

                      4190
                      Outlays, net (total)

                      –2

             Federal Pell grants.—The 2020 Budget proposes to expand Pell Grant eligibility to students enrolled in high-quality short-term programs that provide
                students with a credential, certification, or license in a high-demand field. The Budget also proposes to bar someone from
                receiving another Pell Grant if they have been awarded three consecutive Pell Grants without earning any credits.

             Iraq and Afghanistan service grants.—The 2020 Budget proposes to move the Iraq and Afghanistan Service Grant program into the Pell Grant program and ensure the
                children of our fallen service members receive a full aid award, exempt from cuts due to sequestration, and without any other
                changes to program's benefits or eligibility.

             Student aid administrationFor Federal administrative expenses to carry out part D of title I, and subparts 1   and 9  of part A, and parts B, C, D, and E of title IV of the HEA, and subpart 1 of part A of title VII of the Public Health Service
                Act,  $1,812,000,000, to remain available through September 30,  2021 .
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0202–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Student aid administration
                      784
                      699
                      1,281

                      0002
                      Servicing activities
                      908
                      980
                      531

                      0900
                      Total new obligations, unexpired accounts
                      1,692
                      1,679
                      1,812

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      3
                      2
                      2

                      1021
                      Recoveries of prior year unpaid obligations
                      12

                      1050
                      Unobligated balance (total)
                      15
                      2
                      2

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      1,679
                      1,679
                      1,812

                      1930
                      Total budgetary resources available
                      1,694
                      1,681
                      1,814

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      2
                      2
                      2

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      716
                      811
                      1,007

                      3010
                      New obligations, unexpired accounts
                      1,692
                      1,679
                      1,812

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      13

                      3020
                      Outlays (gross)
                      –1,584
                      –1,483
                      –1,671

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –12

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –14

                      3050
                      Unpaid obligations, end of year
                      811
                      1,007
                      1,148

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      716
                      811
                      1,007

                      3200
                      Obligated balance, end of year
                      811
                      1,007
                      1,148

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      1,679
                      1,679
                      1,812

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      968
                      912
                      977

                      4011
                      Outlays from discretionary balances
                      616
                      571
                      694

                      4020
                      Outlays, gross (total)
                      1,584
                      1,483
                      1,671

                      4180
                      Budget authority, net (total)
                      1,679
                      1,679
                      1,812

                      4190
                      Outlays, net (total)
                      1,584
                      1,483
                      1,671

             The Department of Education manages Federal student aid programs that will provide nearly $131 billion in new Federal student
                aid grants and loans (excluding Direct Consolidation Loans) to 11.8 million students and parents in 2020. 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.

          Object Classification (in millions of dollars)

                      Identification code 091–0202–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      163
                      165
                      166

                      11.3
                      Other than full-time permanent
                      2

                      11.5
                      Other personnel compensation
                      3
                      3
                      3

                      11.9
                      Total personnel compensation
                      168
                      168
                      169

                      12.1
                      Civilian personnel benefits
                      53
                      54
                      54

                      21.0
                      Travel and transportation of persons
                      2
                      2
                      3

                      23.1
                      Rental payments to GSA
                      20
                      20
                      20

                      25.1
                      Advisory and assistance services
                      3
                      6
                      8

                      25.2
                      Other services from non-Federal sources
                      987
                      915
                      783

                      25.3
                      Other goods and services from Federal sources
                      59
                      45
                      42

                      25.7
                      Operation and maintenance of equipment
                      396
                      467
                      733

                      32.0
                      Land and structures
                      2

                      99.0
                      Direct obligations
                      1,690
                      1,677
                      1,812

                      99.5
                      Adjustment for rounding
                      2
                      2

                      99.9
                      Total new obligations, unexpired accounts
                      1,692
                      1,679
                      1,812

          Employment Summary

                      Identification code 091–0202–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      1001
                      Direct civilian full-time equivalent employment
                      1,436
                      1,480
                      1,480

             TEACH Grant Program AccountProgram and Financing (in millions of dollars)

                      Identification code 091–0206–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy
                      30
                      29
                      30

                      0705
                      Reestimates of direct loan subsidy
                      40
                      5

                      0706
                      Interest on reestimates of direct loan subsidy
                      5

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      75
                      34
                      30

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation (indefinite) - Loan subsidy
                      32
                      31
                      30

                      1200
                      Appropriation (indefinite) - Upward reestimate
                      45
                      5

                      1230
                      Appropriations and/or unobligated balance of appropriations permanently reduced
                      –2
                      –2

                      1260
                      Appropriations, mandatory (total)
                      75
                      34
                      30

                      1930
                      Total budgetary resources available
                      75
                      34
                      30

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      5
                      15
                      9

                      3010
                      New obligations, unexpired accounts
                      75
                      34
                      30

                      3020
                      Outlays (gross)
                      –64
                      –31
                      –28

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1
                      –9
                      –2

                      3050
                      Unpaid obligations, end of year
                      15
                      9
                      9

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      5
                      15
                      9

                      3200
                      Obligated balance, end of year
                      15
                      9
                      9

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      75
                      34
                      30

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      60
                      25
                      20

                      4101
                      Outlays from mandatory balances
                      4
                      6
                      8

                      4110
                      Outlays, gross (total)
                      64
                      31
                      28

                      4180
                      Budget authority, net (total)
                      75
                      34
                      30

                      4190
                      Outlays, net (total)
                      64
                      31
                      28

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

                      Identification code 091–0206–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      TEACH Grants
                      131
                      102
                      104

                      Direct loan subsidy (in percent):

                      132001
                      TEACH Grants
                      23.06
                      28.37
                      28.79

                      132999
                      Weighted average subsidy rate
                      23.06
                      28.37
                      28.79

                      Direct loan subsidy budget authority:

                      133001
                      TEACH Grants
                      30
                      29
                      31

                      Direct loan subsidy outlays:

                      134001
                      TEACH Grants
                      19
                      26
                      28

                      Direct loan reestimates:

                      135001
                      TEACH Grants
                      45
                      4

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

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

             TEACH Grant Financing AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4290–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      131
                      102
                      104

                      0713
                      Payment of interest to Treasury
                      19
                      13
                      13

                      0742
                      Downward reestimates paid to receipt accounts

                      1

                      0791
                      Direct program activities, subtotal
                      150
                      116
                      117

                      0900
                      Total new obligations, unexpired accounts
                      150
                      116
                      117

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      2
                      2

                      1021
                      Recoveries of prior year unpaid obligations
                      20
                      26
                      18

                      1023
                      Unobligated balances applied to repay debt
                      –12
                      –2

                      1024
                      Unobligated balance of borrowing authority withdrawn
                      –10
                      –26
                      –18

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      110
                      76
                      76

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      115
                      110
                      108

                      1801
                      Change in uncollected payments, Federal sources
                      2
                      1

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –75
                      –71
                      –67

                      1850
                      Spending auth from offsetting collections, mand (total)
                      42
                      40
                      41

                      1900
                      Budget authority (total)
                      152
                      116
                      117

                      1930
                      Total budgetary resources available
                      152
                      116
                      117

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      2

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      74
                      100
                      82

                      3010
                      New obligations, unexpired accounts
                      150
                      116
                      117

                      3020
                      Outlays (gross)
                      –104
                      –108
                      –110

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –20
                      –26
                      –18

                      3050
                      Unpaid obligations, end of year
                      100
                      82
                      71

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –4
                      –6
                      –7

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      –2
                      –1

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –6
                      –7
                      –7

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      70
                      94
                      75

                      3200
                      Obligated balance, end of year
                      94
                      75
                      64

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      152
                      116
                      117

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      104
                      108
                      110

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward Reestimate
                      –45
                      –5

                      4120
                      Subsidy from Program Account
                      –19
                      –26
                      –28

                      4122
                      Interest on uninvested funds
                      –3

                      4123
                      Payment of Principal
                      –38
                      –70
                      –72

                      4123
                      Interest Received
                      –10
                      –9
                      –8

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –115
                      –110
                      –108

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      –2
                      –1

                      4160
                      Budget authority, net (mandatory)
                      35
                      5
                      9

                      4170
                      Outlays, net (mandatory)
                      –11
                      –2
                      2

                      4180
                      Budget authority, net (total)
                      35
                      5
                      9

                      4190
                      Outlays, net (total)
                      –11
                      –2
                      2

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4290–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      131
                      102
                      104

                      1150
                      Total direct loan obligations
                      131
                      102
                      104

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      724
                      746
                      769

                      1231
                      Disbursements: Direct loan disbursements
                      84
                      93
                      96

                      1251
                      Repayments: Repayments and prepayments
                      –38
                      –70
                      –72

                      1264
                      Other adjustments, net (+ or -)
                      –24

                      1290
                      Outstanding, end of year
                      746
                      769
                      793

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4290–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      30
                      25

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

                      1401
                      Direct loans receivable, gross
                      724
                      746

                      1402
                      Interest receivable
                      96
                      91

                      1405
                      Allowance for subsidy cost (-)
                      –225
                      –253

                      1499
                      Net present value of assets related to direct loans
                      595
                      584

                      1999
                      Total assets
                      625
                      609

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable

                      2103
                      Debt
                      625
                      609

                      2999
                      Total liabilities
                      625
                      609

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      625
                      609

             Student Financial Assistance Debt CollectionSpecial and Trust Fund Receipts (in millions of dollars)

                      Identification code 091–5557–0–2–502
                      2018 actual
                      2019 est.
                      2020 est.

                      0100
                      Balance, start of year
                      1
                      1
                      2

                      Receipts:

                      Current law:

                      1130
                      Student Financial Assistance Debt Collection
                      10
                      10
                      10

                      2000
                      Total: Balances and receipts
                      11
                      11
                      12

                      Appropriations:

                      Current law:

                      2101
                      Student Financial Assistance Debt Collection
                      –10
                      –9
                      –9

                      2103
                      Student Financial Assistance Debt Collection
                      –1

                      2132
                      Student Financial Assistance Debt Collection
                      1

                      2199
                      Total current law appropriations
                      –10
                      –9
                      –9

                      2999
                      Total appropriations
                      –10
                      –9
                      –9

                      5099
                      Balance, end of year
                      1
                      2
                      3

          Program and Financing (in millions of dollars)

                      Identification code 091–5557–0–2–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Student Financial Assistance Debt Collection
                      2
                      2
                      2

                      0900
                      Total new obligations, unexpired accounts (object class 25.2)
                      2
                      2
                      2

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      13
                      14
                      14

                      1022
                      Capital transfer of unobligated balances to general fund
                      –6
                      –7
                      –7

                      1050
                      Unobligated balance (total)
                      7
                      7
                      7

                      Budget authority:

                      Appropriations, mandatory:

                      1201
                      Appropriation (special or trust fund)
                      10
                      9
                      9

                      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)
                      9
                      9
                      9

                      1930
                      Total budgetary resources available
                      16
                      16
                      16

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      14
                      14
                      14

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      1
                      1

                      3010
                      New obligations, unexpired accounts
                      2
                      2
                      2

                      3020
                      Outlays (gross)
                      –1
                      –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
                      9
                      9
                      9

                      Outlays, gross:

                      4101
                      Outlays from mandatory balances
                      1
                      2
                      2

                      4180
                      Budget authority, net (total)
                      9
                      9
                      9

                      4190
                      Outlays, net (total)
                      1
                      2
                      2

             Federal Student Loan Reserve FundProgram and Financing (in millions of dollars)

                      Identification code 091–4257–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0102
                      Obligations, non-Federal
                      7,353
                      6,601
                      5,373

                      0900
                      Total new obligations, unexpired accounts (object class 42.0)
                      7,353
                      6,601
                      5,373

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      2,077
                      2,176
                      2,304

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      7,459
                      6,729
                      6,072

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund
                      –7

                      1850
                      Spending auth from offsetting collections, mand (total)
                      7,452
                      6,729
                      6,072

                      1930
                      Total budgetary resources available
                      9,529
                      8,905
                      8,376

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      2,176
                      2,304
                      3,003

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      170
                      549

                      3010
                      New obligations, unexpired accounts
                      7,353
                      6,601
                      5,373

                      3020
                      Outlays (gross)
                      –7,183
                      –6,222
                      –5,615

                      3050
                      Unpaid obligations, end of year
                      170
                      549
                      307

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      170
                      549

                      3200
                      Obligated balance, end of year
                      170
                      549
                      307

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      7,452
                      6,729
                      6,072

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      6,897
                      6,222
                      5,615

                      4101
                      Outlays from mandatory balances
                      286

                      4110
                      Outlays, gross (total)
                      7,183
                      6,222
                      5,615

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources
                      –7,289
                      –6,577
                      –6,003

                      4180
                      Budget authority, net (total)
                      163
                      152
                      69

                      4190
                      Outlays, net (total)
                      –106
                      –355
                      –388

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4257–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      2,076
                      2,176

                      1999
                      Total assets
                      2,076
                      2,176

                      LIABILITIES:

                      2104
                      Federal liabilities: Resources payable to Treasury

                      NET POSITION:

                      3300
                      Cumulative results of operations
                      2,076
                      2,176

                      4999
                      Total liabilities and net position
                      2,076
                      2,176

             Federal Direct Student Loan Program AccountProgram and Financing (in millions of dollars)

                      Identification code 091–0243–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy
                      8,053
                      7,559
                      12,774

                      0703
                      Subsidy for modifications of direct loans
                      420
                      350

                      0705
                      Reestimates of direct loan subsidy
                      2,154
                      23,125

                      0706
                      Interest on reestimates of direct loan subsidy
                      1,863
                      5,495

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      12,490
                      36,529
                      12,774

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation (indefinite)
                      12,490
                      36,529
                      12,774

                      1930
                      Total budgetary resources available
                      12,490
                      36,529
                      12,774

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      869
                      1,069
                      1,182

                      3010
                      New obligations, unexpired accounts
                      12,490
                      36,529
                      12,774

                      3020
                      Outlays (gross)
                      –12,014
                      –36,171
                      –12,413

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –276
                      –245

                      3050
                      Unpaid obligations, end of year
                      1,069
                      1,182
                      1,543

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      869
                      1,069
                      1,182

                      3200
                      Obligated balance, end of year
                      1,069
                      1,182
                      1,543

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      12,490
                      36,529
                      12,774

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      11,427
                      35,347
                      11,492

                      4101
                      Outlays from mandatory balances
                      587
                      824
                      921

                      4110
                      Outlays, gross (total)
                      12,014
                      36,171
                      12,413

                      4180
                      Budget authority, net (total)
                      12,490
                      36,529
                      12,774

                      4190
                      Outlays, net (total)
                      12,014
                      36,171
                      12,413

          Summary of Budget Authority and Outlays (in millions of dollars)

                      2018 actual
                      2019 est.
                      2020 est.

                      Enacted/requested:

                      Budget Authority
                      12,490
                      36,529
                      12,774

                      Outlays
                      12,014
                      36,171
                      12,413

                      Legislative proposal, subject to PAYGO:

                      Budget Authority

                      –2,430

                      Outlays

                      –1,650

                      Total:

                      Budget Authority
                      12,490
                      36,529
                      10,344

                      Outlays
                      12,014
                      36,171
                      10,763

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

                      Identification code 091–0243–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      Stafford
                      23,707
                      24,351
                      24,548

                      115002
                      Unsubsidized Stafford
                      56,581
                      59,688
                      60,472

                      115003
                      PLUS
                      24,094
                      26,104
                      27,343

                      115004
                      Consolidation
                      42,708
                      45,325
                      46,384

                      115999
                      Total direct loan levels
                      147,090
                      155,468
                      158,747

                      Direct loan subsidy (in percent):

                      132001
                      Stafford
                      8.30
                      8.65
                      13.15

                      132002
                      Unsubsidized Stafford
                      –9.72
                      –3.22
                      -.84

                      132003
                      PLUS
                      –27.79
                      –19.04
                      –14.77

                      132004
                      Consolidation
                      14.25
                      12.03
                      20.58

                      132999
                      Weighted average subsidy rate
                      –2.82
                      0.43
                      5.18

                      Direct loan subsidy budget authority:

                      133001
                      Stafford
                      1,968
                      2,106
                      3,228

                      133002
                      Unsubsidized Stafford
                      –5,500
                      –1,922
                      –508

                      133003
                      PLUS
                      –6,696
                      –4,970
                      –4,039

                      133004
                      Consolidation
                      6,086
                      5,453
                      9,546

                      133999
                      Total subsidy budget authority
                      –4,142
                      667
                      8,227

                      Direct loan subsidy outlays:

                      134001
                      Stafford
                      1,763
                      1,815
                      2,542

                      134002
                      Unsubsidized Stafford
                      –4,706
                      –2,553
                      –811

                      134003
                      PLUS
                      –6,278
                      –5,294
                      –4,156

                      134004
                      Consolidation
                      6,090
                      5,454
                      9,520

                      134005
                      Federal Direct Student Loans
                      144
                      275
                      350

                      134999
                      Total subsidy outlays
                      –2,987
                      –303
                      7,445

                      Direct loan reestimates:

                      135005
                      Federal Direct Student Loans
                      –11,538
                      26,311

                      135999
                      Total direct loan reestimates
                      –11,538
                      26,311

                      Administrative expense data:

                      3580
                      Outlays from balances

                      6

             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, $190 billion of outstanding
                FFEL loans continue to be serviced by lenders, the Department of Education, and guaranty agencies. The 2020 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 2020, excluding Consolidation Loans, the Direct Loan program will make $100.2 billion in new loans.

             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. Interest 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
                2018–2019 have an interest rate of 5.05 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 2018–2019 have an interest rate of 6.60 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 2018–2019 have
                an interest rate of 7.60 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 years 2013 to 2019. The base
                origination fee for PLUS loans is four percent, but has included an additional surcharge in years 2013 to 2019. 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 REPAYE 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 Service Loan Forgiveness Program, qualifying borrowers who have
                worked for 10 years full-time for an eligible public service employer, and made 120 qualifying monthly payments after October
                1, 2007in 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 2020 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, 2020, with an exception for students who borrowed their first loans prior to July 1,
                2020 and who are borrowing to complete their current course of study. The Single IDR plan would: cap payments at 12.5 percent
                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. As with the Single IDR plan, these policies would apply to loans originated
                on or after July 1, 2020, with an exception for students continuing to borrow to complete their current course of study.

             To further improve the implementation and effectiveness of IDR, the Budget proposes auto-enrolling severely delinquent borrowers
                into the Single IDR plan and instituting a process for borrowers to consent to share income data for multiple years. To facilitate
                these program improvements, and to reduce improper payments, the Budget proposes to streamline the Department of Education's
                ability to verify applicants' income data held by the Internal Revenue Service (IRS). The 2020 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, 2020,
                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.
             Federal Budget Authority and Outlays (in thousands of dollars)

                         2018 actual
                         2019 est.
                         2020 est.

                         PROGRAM COST:

                         FFEL:

                         Liquidating1
                         0
                         (122,056)
                         (96,085)

                         Program:

                         Net Reestimate of Prior Year Costs
                         2,309,656
                         1,562,603
                         0

                         Net Modification2
                         0
                         0
                         (500,962)

                         Subtotal, Program
                         2,309,656
                         1,562,603
                         (500,962)

                         Total, FFEL
                         2,309,656
                         1,440,547
                         (597,047)

                         Direct Loans:

                         Program:

                         New Net Loan Subsidies
                         (4,141,874)
                         666,716
                         (483,522)

                         Net Reestimate of Prior Year Costs
                         (11,537,671)
                         26,310,433
                         0

                         Net Modification3
                         419,680
                         350,000
                         0

                         Total, Direct Loans
                         (15,259,864)
                         27,327,149
                         (483,522)

                         Total, FFEL and Direct Loans
                         (12,950,208)
                         28,767,696
                         (1,080,568)

                         PROGRAM COST OUTLAYS:

                         FFEL:

                         Liquidating1
                         (165,654)
                         (122,056)
                         (96,085)

                         Program:

                         Net Reestimate of Prior Year Costs
                         2,309,656
                         1,562,603
                         0

                         Net Modification2
                         0
                         0
                         (500,962)

                         Subtotal, Program
                         2,309,656
                         1,562,603
                         (500,962)

                         Total, FFEL
                         2,144,002
                         1,440,547
                         (597,047)

                         Direct Loans:

                         Program:

                         Regular
                         (3,131,306)
                         (577,651)
                         1,682,709

                         Net Reestimate of Prior Year Costs
                         (11,537,671
                         26,310,433
                         0

                         Net Modification3
                         144,213
                         275,467
                         350,000

                         Total, Direct Loans
                         (14,524,763)
                         26,008,249
                         2,032,709

                         Total, FFEL and Direct Loans
                         (12,380,761)
                         27,448,796
                         1,435,663

             Details may not sum to totals due to rounding.1Liquidating account reflects loans made prior to 1992.2Reflects proposed savings in FY 2020 from eliminating Account Maintenance Fees paid to guaranty agencies.3Reflects costs for borrower defense claims, hurricane relief, and Temporary Expansion of Public Service Loan Forgiveness (TEPSLF)
             in FY 2018 and TEPSLF only in FY 2019, and FY 2020.
             Summary of Default Rates1 (expressed as percentages)

                         2018 est.
                         2019 est.
                         2020 est.

                         Direct Loans:

                         Stafford
                         29.07
                         22.03
                         21.48

                         Unsubsidized Stafford

                         Undergraduate
                         34.70
                         23.52
                         25.04

                         Graduate/Professional
                         14.82
                         6.85
                         11.95

                         PLUS

                         Parent PLUS
                         12.42
                         9.60
                         12.64

                         Grad PLUS
                         10.60
                         4.81
                         9.26

                         Consolidation
                         19.70
                         6.31
                         18.05

                         Weighted Average, Direct Loans
                         21.19
                         11.71
                         17.42

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

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

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

             Selected Program Costs and Offsets (in thousands of dollars)

                         2018 actual
                         2019 est.
                         2020 est.

                         FFEL:

                         Payments to lenders:

                         Interest benefits
                         494,201
                         81,534
                         44,855

                         Special allowance payments1
                         (1,284,095)
                         (19,890)
                         238,580

                         Default claims
                         6,019,785
                         3,893,816
                         3,710,439

                         Loan discharges
                         1,426,964
                         804,813
                         764,676

                         Teacher loan forgiveness
                         73,871
                         306
                         0

                         Administrative payments to guaranty agencies
                         113,769
                         189,269
                         114,143

                         Fees paid to the Department of Education:

                         Loan holder fees
                         (1,280,126)
                         (429,243)
                         (297,083)

                         Other Major Transactions:

                         Net default collections
                         (8,059,920)
                         (7,630,793)
                         (6,516,493)

                         Contract collection costs
                         43,155
                         38,921
                         40,538

                         Federal administrative costs
                         36,328
                         33,039
                         21,229

                         Net Cash Flow, FFEL
                         (2,416,067)
                         (3,038,229)
                         (2,419,115)

                         Ensuring Continued Access to Student Loans (ECASLA):

                         Inflows
                         (9,356,358)
                         (13,317,617)
                         (8,729,049)

                         Outflows
                         8,843,585
                         13,317,617
                         8,729,049

                         Federal administrative costs
                         154,392
                         140,415
                         90,222

                         Net Cash Flow, ECASLA
                         (358,382)
                         140,415
                         90,222

                         Direct Loans:

                         Loan disbursements to borrowers
                         134,094,485
                         142,738,490
                         145,805,959

                         Borrower interest payments
                         (18,000,689)
                         (24,490,827)
                         (26,823,176)

                         Borrower principal payments
                         (60,741,647)
                         (65,859,597)
                         (72,248,010)

                         Borrower origination fees
                         (1,695,888)
                         (1,818,067)
                         (1,798,982)

                         Net default collections
                         (4,501,837)
                         (10,197,181)
                         (10,906,708)

                         Contract collection costs
                         645,987
                         864,113
                         898,792

                         Federal administrative costs
                         745,689
                         682,465
                         449,917

                         Net operating cash flows
                         50,546,101
                         41,919,396
                         35,377,793

                         Loan capital borrowings from Treasury
                         (134,094,485)
                         (142,738,490)
                         (145,805,959)

                         Net interest payments to Treasury
                         28,439,603
                         32,678,886
                         34,546,388

                         Principal payments to Treasury
                         55,351,466
                         97,688,025
                         76,651,046

                         Subtotal, Treasury activity
                         (50,303,416)
                         (12,371,579)
                         (34,608,525)

                         Net Cash Flow, Direct Loans
                         242,685
                         29,547,817
                         769,268

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

                         2018 actual
                         2019 est.
                         2020 est.

                         Direct Loans:

                         New Loans:

                         Stafford
                         9.65
                         8.65
                         10.31

                         Unsubsidized Stafford

                         Undergraduate
                         –1.43
                         –3.43
                         –4.54

                         Graduate/Professional
                         –4.12
                         –3.06
                         –9.45

                         PLUS

                         Parent PLUS
                         –30.90
                         –34.43
                         –29.43

                         Grad PLUS
                         –1.35
                         –0.52
                         –13.04

                         Subtotal, new loan subsidy
                         –3.40
                         –4.26
                         - 8.19

                         Federal administrative costs
                         1.70
                         1.70
                         1.70

                         Subtotal, new loans
                         –1.70
                         –2.56
                         –6.49

                         Consolidation Loans

                         Loan subsidy
                         12.29
                         12.03
                         18.94

                         Federal administrative costs
                         0.38
                         0.38
                         0.38

                         Subtotal, consolidation loans
                         12.67
                         12.41
                         19.32

                         New and Consolidation Loans

                         Loan subsidy
                         0.98
                         0.49
                         –0.26

                         Federal administrative costs
                         1.45
                         1.45
                         1.45

                         Total, Direct Loans
                         2.43
                         1.94
                         1.19

             Notes: Totals may not add due to rounding. Subsidies are weighted on gross volumes.For 2018, the rates are current; these include the actual executed rates for 2018 and the effect of re-estimates on those
             rates.
             The table above describes Direct Loan costs on a subsidy rate basis: program costs calculated under the Federal Credit Reform
                Act of 1990 and comparably projected estimates of Federal administrative costs. As with any long-term projection, the comparison
                is based on assumed future interest rates, borrower characteristics, administrative costs, and other factors over the life
                of the loan cohort. To the degree actual conditions differ from projections, estimated subsidy rates will change.

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

             Loan Disbursement and Subsidy Costs (in billions of dollars)
             Total Subsidy Costs 1992–2018 (in billions of dollars)

                         FFEL
                         Direct Loans

                         Original Subsidy Costs
                         +77.1
                         –116.7

                         Cumulative Reestimates
                         –50.9
                         +60.6

                         Net Subsidy Costs
                         +26.1
                         –56.1

                         Total Disbursements
                         +898.7
                         +1,493.6

             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. For Direct Loans, several other assumptions
                were reestimated that contributed to the upward reestimate, including changes to the income-driven repayment plan model. Model
                assumptions affecting the 2018 cohort were also updated. The Direct Loan upward net reestimate for 2019 is primarily due to
                updated default and collection assumptions.

             Direct Loan Repayment Options (expressed as percentages)

                         Subsidies by Repayment Option
                         2018 actual1
                         2019 est.
                         2020 est.

                         Stafford:

                         Standard
                         8.13
                         5.50
                         8.70

                         Extended
                         2.24
                         1.23
                         3.21

                         Graduated
                         –2.62
                         –1.13
                         –0.41

                         IDR2
                         18.89
                         19.36
                         17.22

                         Unsubsidized Stafford:

                         Standard
                         –11.15
                         –17.66
                         –11.78

                         Extended
                         –22.02
                         –25.68
                         –23.15

                         Graduated
                         –36.72
                         –28.72
                         –33.77

                         IDR
                         18.21
                         18.67
                         6.90

                         PLUS:

                         Standard
                         –24.32
                         –33.02
                         –23.79

                         Extended
                         –34.94
                         –40.74
                         –35.13

                         Graduated
                         –68.22
                         –48.21
                         –62.36

                         IDR
                         19.92
                         22.56
                         –0.19

                         Consolidated:

                         Standard
                         0.96
                         1.20
                         3.13

                         Extended
                         –19.31
                         –21.69
                         –10.94

                         Graduated
                         –39.97
                         –36.71
                         –22.20

                         IDR
                         21.44
                         21.06
                         26.83

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

                         Volumes by Repayment Option
                         2018 actual1
                         2019 est.
                         2020 est.

                         Stafford:

                         Standard
                         13,994
                         13,871
                         7.984

                         Extended
                         491
                         474
                         309

                         Graduated
                         3,004
                         2,952
                         1,822

                         IDR2
                         6,685
                         7,054
                         5,006

                         Unsubsidized Stafford:

                         Standard
                         26,680
                         23,996
                         30,850

                         Extended
                         2,158
                         2,419
                         2,406

                         Graduated
                         6,680
                         7,026
                         7,768

                         IDR
                         22,908
                         26,247
                         28,875

                         PLUS:

                         Standard
                         13,988
                         14,661
                         15,192

                         Extended
                         1,158
                         1,079
                         1,263

                         Graduated
                         2,765
                         2,728
                         3,012

                         IDR
                         7,065
                         7,636
                         7,876

                         Consolidated:

                         Standard
                         42
                         39
                         40

                         Extended
                         6,271
                         6,669
                         6,825

                         Graduated
                         2,027
                         2,138
                         2,188

                         IDR
                         33,319
                         36,478
                         37,331

             12018 rates are current; these include actual executed rates for 2018 and the effect of re-estimates on those rates.2All income-driven plans are included in the IDR category.

             Federal Direct Student Loan Program Account
             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–0243–4–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy

                      –2,430

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

                      –2,430

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation (indefinite)

                      –2,430

                      1930
                      Total budgetary resources available

                      –2,430

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      –2,430

                      3020
                      Outlays (gross)

                      1,650

                      3050
                      Unpaid obligations, end of year

                      –780

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      –780

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      –2,430

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      –1,650

                      4180
                      Budget authority, net (total)

                      –2,430

                      4190
                      Outlays, net (total)

                      –1,650

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

                      Identification code 091–0243–4–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      Stafford

                      –9,428

                      115002
                      Unsubsidized Stafford

                      9,428

                      Direct loan subsidy (in percent):

                      132001
                      Stafford
                      0.00
                      0.00
                      –2.84

                      132002
                      Unsubsidized Stafford
                      0.00
                      0.00
                      –6.06

                      132003
                      PLUS
                      0.00
                      0.00
                      –7.19

                      132004
                      Consolidation
                      0.00
                      0.00
                      –1.64

                      132999
                      Weighted average subsidy rate
                      0.00
                      0.00
                      –5.49

                      Direct loan subsidy budget authority:

                      133001
                      Stafford

                      –1,669

                      133002
                      Unsubsidized Stafford

                      –4,315

                      133003
                      PLUS

                      –1,966

                      133004
                      Consolidation

                      –761

                      133999
                      Total subsidy budget authority

                      –8,711

                      Direct loan subsidy outlays:

                      134001
                      Stafford

                      –894

                      134002
                      Unsubsidized Stafford

                      –2,534

                      134003
                      PLUS

                      –1,229

                      134004
                      Consolidation

                      –756

                      134999
                      Total subsidy outlays

                      –5,413

             This presentation shows the PAYGO effects of the President's student loan reforms as discussed above.

             Federal Direct Student Loan Program Financing AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4253–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0301
                      Consolidation loans-Payment of Orig. Services
                      28
                      30
                      31

                      0401
                      Payment of contract collection costs
                      648
                      865
                      898

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      147,090
                      155,468
                      158,747

                      0713
                      Payment of interest to Treasury
                      32,329
                      32,679
                      34,404

                      0740
                      Negative subsidy obligations
                      12,195
                      6,892
                      4,547

                      0742
                      Downward reestimates paid to receipt accounts
                      11,015
                      1,079

                      0743
                      Interest on downward reestimates
                      4,540
                      1,230

                      0791
                      Direct program activities, subtotal
                      207,169
                      197,348
                      197,698

                      0900
                      Total new obligations, unexpired accounts
                      207,845
                      198,243
                      198,627

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      6,259
                      5,268

                      1021
                      Recoveries of prior year unpaid obligations
                      13,081
                      13,343
                      8,509

                      1023
                      Unobligated balances applied to repay debt
                      –10,855
                      –5,268

                      1024
                      Unobligated balance of borrowing authority withdrawn
                      –8,018
                      –13,343
                      –8,509

                      1033
                      Recoveries of prior year paid obligations
                      5

                      1050
                      Unobligated balance (total)
                      472

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      167,206
                      157,372
                      150,921

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      100,839
                      138,531
                      124,159

                      1801
                      Change in uncollected payments, Federal sources
                      –45
                      28
                      310

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund
                      –8

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –55,351
                      –97,688
                      –76,763

                      1850
                      Spending auth from offsetting collections, mand (total)
                      45,435
                      40,871
                      47,706

                      1900
                      Budget authority (total)
                      212,641
                      198,243
                      198,627

                      1930
                      Total budgetary resources available
                      213,113
                      198,243
                      198,627

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      5,268

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      76,722
                      77,897
                      76,329

                      3010
                      New obligations, unexpired accounts
                      207,845
                      198,243
                      198,627

                      3020
                      Outlays (gross)
                      –193,589
                      –186,468
                      –186,135

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –13,081
                      –13,343
                      –8,509

                      3050
                      Unpaid obligations, end of year
                      77,897
                      76,329
                      80,312

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –588
                      –543
                      –571

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      45
                      –28
                      –310

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –543
                      –571
                      –881

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      76,134
                      77,354
                      75,758

                      3200
                      Obligated balance, end of year
                      77,354
                      75,758
                      79,431

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      212,641
                      198,243
                      198,627

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      193,589
                      186,468
                      186,135

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward reestimate
                      –2,154
                      –23,125

                      4120
                      Upward reestimate, interest
                      –1,863
                      –5,495

                      4120
                      Upward Modification
                      –144
                      –275
                      –350

                      4120
                      Program subsidy
                      –7,853
                      –7,270
                      –12,063

                      4122
                      Interest on uninvested funds
                      –3,890

                      4123
                      Repayment of principal, Stafford
                      –13,089
                      –16,350
                      –17,186

                      4123
                      Interest received on loans, Stafford
                      –2,770
                      –3,231
                      –3,379

                      4123
                      Origination Fees, Stafford
                      –212
                      –227
                      –219

                      4123
                      Other fees, Stafford
                      –61

                      4123
                      Repayment of principal, Unsubsidized Stafford
                      –27,208
                      –32,415
                      –35,601

                      4123
                      Interest received on loans, Unsubsidized Stafford
                      –6,908
                      –7,509
                      –8,222

                      4123
                      Origination Fees, Unsubsidized Stafford
                      –505
                      –548
                      –532

                      4123
                      Other fees, Unsubsidized Stafford
                      –68

                      4123
                      Repayment of principal, PLUS
                      –12,407
                      –14,312
                      –16,172

                      4123
                      Interest received on loans, PLUS
                      –3,567
                      –4,121
                      –4,544

                      4123
                      Origination Fees, PLUS
                      –979
                      –1,044
                      –1,048

                      4123
                      Other fees, PLUS
                      –17

                      4123
                      Payment of principal, Consolidation
                      –10,824
                      –12,979
                      –14,163

                      4123
                      Interest received on loans, Consolidation
                      –6,268
                      –9,630
                      –10,680

                      4123
                      Other fees, Consolidation
                      –57

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –100,844
                      –138,531
                      –124,159

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      45
                      –28
                      –310

                      4143
                      Recoveries of prior year paid obligations, unexpired accounts
                      5

                      4150
                      Additional offsets against budget authority only (total)
                      50
                      –28
                      –310

                      4160
                      Budget authority, net (mandatory)
                      111,847
                      59,684
                      74,158

                      4170
                      Outlays, net (mandatory)
                      92,745
                      47,937
                      61,976

                      4180
                      Budget authority, net (total)
                      111,847
                      59,684
                      74,158

                      4190
                      Outlays, net (total)
                      92,745
                      47,937
                      61,976

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4253–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      23,707
                      24,351
                      24,548

                      1150
                      Total direct loan obligations
                      23,707
                      24,351
                      24,548

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      214,839
                      225,552
                      230,096

                      1231
                      Disbursements: Direct loan disbursements
                      20,571
                      21,342
                      21,491

                      1251
                      Repayments: Repayments and prepayments
                      –13,089
                      –16,350
                      –17,186

                      1261
                      Adjustments: Capitalized interest
                      4,101
                      81
                      80

                      1264
                      Other adjustments, net (+ or -)
                      –870
                      –529
                      –568

                      1290
                      Outstanding, end of year
                      225,552
                      230,096
                      233,913

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      56,581
                      59,688
                      60,472

                      1150
                      Total direct loan obligations
                      56,581
                      59,688
                      60,472

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      346,799
                      373,453
                      398,025

                      1231
                      Disbursements: Direct loan disbursements
                      48,683
                      51,584
                      52,334

                      1251
                      Repayments: Repayments and prepayments
                      –27,208
                      –32,415
                      –35,601

                      1261
                      Adjustments: Capitalized interest
                      6,621
                      6,553
                      6,883

                      1264
                      Other adjustments, net (+ or -)
                      –1,442
                      –1,150
                      –1,268

                      1290
                      Outstanding, end of year
                      373,453
                      398,025
                      420,373

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      24,094
                      26,104
                      27,343

                      1150
                      Total direct loan obligations
                      24,094
                      26,104
                      27,343

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      116,515
                      129,050
                      140,339

                      1231
                      Disbursements: Direct loan disbursements
                      23,216
                      24,532
                      25,662

                      1251
                      Repayments: Repayments and prepayments
                      –12,407
                      –14,312
                      –16,172

                      1261
                      Adjustments: Capitalized interest
                      2,225
                      1,521
                      1,723

                      1264
                      Other adjustments, net (+ or -)
                      –499
                      –452
                      –518

                      1290
                      Outstanding, end of year
                      129,050
                      140,339
                      151,034

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      42,708
                      45,325
                      46,384

                      1150
                      Total direct loan obligations
                      42,708
                      45,325
                      46,384

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      320,669
                      355,675
                      386,800

                      1231
                      Disbursements: Direct loan disbursements
                      41,625
                      45,280
                      46,349

                      1251
                      Repayments: Repayments and prepayments
                      –10,824
                      –12,979
                      –14,163

                      1261
                      Adjustments: Capitalized interest
                      5,580

                      1264
                      Other adjustments, net (+ or -)
                      –1,375
                      –1,176
                      –1,304

                      1290
                      Outstanding, end of year
                      355,675
                      386,800
                      417,682

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4253–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      24,545
                      20,842

                      Investments in U.S. securities:

                      1106
                      Receivables, net
                      4,197
                      20,483

                      1206
                      Non-Federal assets: Receivables, net

                      80

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

                      1401
                      Direct loans receivable, gross
                      998,822
                      1,083,730

                      1402
                      Interest receivable
                      59,538
                      71,981

                      1405
                      Allowance for subsidy cost (-)
                      –16,806
                      –40,663

                      1499
                      Net present value of assets related to direct loans
                      1,041,554
                      1,115,048

                      1901
                      Other Federal assets: Other assets

                      1999
                      Total assets
                      1,070,296
                      1,156,453

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable
                      3,727
                      2,484

                      2103
                      Debt
                      1,061,559
                      1,150,610

                      2105
                      Other
                      5,010

                      2201
                      Non-Federal liabilities: Accounts payable

                      3,359

                      2999
                      Total liabilities
                      1,070,296
                      1,156,453

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      1,070,296
                      1,156,453

             Federal Direct Student Loan Program Financing Account
             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–4253–4–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury

                      154

                      0740
                      Negative subsidy obligations

                      6,281

                      0791
                      Direct program activities, subtotal

                      6,435

                      0900
                      Total new obligations, unexpired accounts

                      6,435

                      Budgetary resources:

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority

                      8,503

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected

                      –1,620

                      1801
                      Change in uncollected payments, Federal sources

                      –572

                      1825
                      Spending authority from offsetting collections applied to repay debt

                      124

                      1850
                      Spending auth from offsetting collections, mand (total)

                      –2,068

                      1900
                      Budget authority (total)

                      6,435

                      1930
                      Total budgetary resources available

                      6,435

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      6,435

                      3020
                      Outlays (gross)

                      –3,888

                      3050
                      Unpaid obligations, end of year

                      2,547

                      Uncollected payments:

                      3070
                      Change in uncollected pymts, Fed sources, unexpired

                      572

                      3090
                      Uncollected pymts, Fed sources, end of year

                      572

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      3,119

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      6,435

                      Financing disbursements:

                      4110
                      Outlays, gross (total)

                      3,888

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Program subsidy

                      1,650

                      4123
                      Repayment of principal, Stafford

                      1

                      4123
                      Interest received on loans, Stafford

                      1

                      4123
                      Origination Fees, Stafford

                      45

                      4123
                      Repayment of principal, Unsubsidized Stafford

                      –1

                      4123
                      Interest received on loans, Unsubsidized Stafford

                      1

                      4123
                      Origination Fees, Unsubsidized Stafford

                      –45

                      4123
                      Payment of principal, Consolidation

                      –33

                      4123
                      Interest received on loans, Consolidation

                      1

                      4130
                      Offsets against gross budget authority and outlays (total)

                      1,620

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired

                      572

                      4160
                      Budget authority, net (mandatory)

                      8,627

                      4170
                      Outlays, net (mandatory)

                      5,508

                      4180
                      Budget authority, net (total)

                      8,627

                      4190
                      Outlays, net (total)

                      5,508

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4253–4–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority

                      –9,428

                      1150
                      Total direct loan obligations

                      –9,428

                      Cumulative balance of direct loans outstanding:

                      1231
                      Disbursements: Direct loan disbursements

                      –4,483

                      1251
                      Repayments: Repayments and prepayments

                      1

                      1264
                      Other adjustments, net (+ or -)

                      5

                      1290
                      Outstanding, end of year

                      –4,477

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority

                      9,428

                      1150
                      Total direct loan obligations

                      9,428

                      Cumulative balance of direct loans outstanding:

                      1231
                      Disbursements: Direct loan disbursements

                      4,455

                      1251
                      Repayments: Repayments and prepayments

                      –1

                      1264
                      Other adjustments, net (+ or -)

                      –7

                      1290
                      Outstanding, end of year

                      4,447

                      Cumulative balance of direct loans outstanding:

                      1251
                      Repayments: Repayments and prepayments

                      –33

                      1290
                      Outstanding, end of year

                      –33

             This presentation shows the non-budgetary effects of the cash flows to and from the Government resulting from the President's
                student loan reforms proposals.

             Federal Family Education Loan Program AccountProgram and Financing (in millions of dollars)

                      Identification code 091–0231–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0705
                      Reestimates of direct loan subsidy
                      837
                      2,345

                      0706
                      Interest on reestimates of direct loan subsidy
                      268
                      841

                      0707
                      Reestimates of loan guarantee subsidy
                      839
                      238

                      0708
                      Interest on reestimates of loan guarantee subsidy
                      602
                      237

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      2,546
                      3,661

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      2,546
                      3,661

                      1930
                      Total budgetary resources available
                      2,546
                      3,661

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts
                      2,546
                      3,661

                      3020
                      Outlays (gross)
                      –2,546
                      –3,661

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      2,546
                      3,661

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      2,546
                      3,661

                      4180
                      Budget authority, net (total)
                      2,546
                      3,661

                      4190
                      Outlays, net (total)
                      2,546
                      3,661

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

                      Identification code 091–0231–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct loan reestimates:

                      135010
                      Direct Participation Agreement Reestimates
                      383
                      1,775

                      135012
                      Direct Standard Put Reestimates
                      495
                      1,411

                      135999
                      Total direct loan reestimates
                      878
                      3,186

                      Guaranteed loan reestimates:

                      235006
                      FFEL Guarantees
                      1,431
                      –1,624

                      235999
                      Total guaranteed loan reestimates
                      1,431
                      –1,624

             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.

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

                      Identification code 091–0231–4–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Guaranteed loan subsidy budget authority:

                      233006
                      FFEL Guarantees

                      –501

                      233999
                      Total subsidy budget authority

                      –501

                      Guaranteed loan subsidy outlays:

                      234006
                      FFEL Guarantees

                      –501

                      234999
                      Total subsidy outlays

                      –501

             This presentation shows the PAYGO effects of the President's student loan reforms, which are described in the Federal Direct
                Student Loan program account.

             Federal Family Education Loan Program Financing AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4251–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0101
                      Default claims
                      1,256
                      476
                      382

                      0102
                      Special allowance
                      52
                      3
                      1

                      0103
                      Interest benefits
                      228
                      53
                      29

                      0104
                      Death, disability, and bankruptcy claims
                      297
                      65
                      54

                      0105
                      Teacher loan forgiveness, other write-offs
                      16

                      0107
                      Contract collection costs
                      7
                      10
                      11

                      0109
                      Rehab purchase fee

                      5
                      5

                      0110
                      Guaranty Agency account maintenance fees
                      14
                      12
                      9

                      0191
                      Subtotal, Stafford loans
                      1,870
                      624
                      491

                      0202
                      Default claims
                      1,298
                      625
                      502

                      0203
                      Special allowance
                      54
                      5
                      2

                      0204
                      Death, disability, and bankruptcy claims
                      451
                      64
                      48

                      0205
                      Teacher loan forgiveness, other write-offs
                      21

                      0207
                      Contract collection costs
                      8
                      9
                      9

                      0209
                      Rehab purchase fee

                      4
                      4

                      0210
                      Guaranty Agency account maintenance fees
                      18
                      10
                      9

                      0291
                      Subtotal, Unsubsidized Stafford loans
                      1,850
                      717
                      574

                      0301
                      Default claims
                      10
                      69
                      54

                      0304
                      Death, disability, and bankruptcy claims
                      37
                      21
                      19

                      0307
                      Contract Collection Costs
                      1
                      1
                      1

                      0309
                      Rehab purchase fee

                      1
                      1

                      0310
                      Guaranty Agency account maintenance fees
                      3
                      1
                      1

                      0391
                      Subtotal, PLUS loans
                      51
                      93
                      76

                      0403
                      Default claims
                      9

                      0409
                      Rehab purchase fee

                      1
                      1

                      0491
                      Subtotal, SLS loans
                      9
                      1
                      1

                      0501
                      Default claims
                      3,436
                      2,711
                      2,221

                      0502
                      Special allowance
                      527
                      355
                      381

                      0503
                      Interest benefits
                      265
                      27
                      15

                      0504
                      Death, disability, and bankruptcy claims
                      626
                      640
                      631

                      0505
                      Teacher loan forgiveness, other write-offs
                      37

                      0507
                      Contract collection costs
                      20
                      13
                      15

                      0509
                      Rehab purchase fee

                      5
                      5

                      0510
                      Guaranty Agency account maintenance fees
                      79
                      167
                      209

                      0591
                      Subtotal, Consolidations loans
                      4,990
                      3,918
                      3,477

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      1,975
                      1,457
                      895

                      0742
                      Downward reestimates paid to receipt accounts
                      3
                      1,040

                      0743
                      Interest on downward reestimates
                      7
                      1,059

                      0791
                      Direct program activities, subtotal
                      1,985
                      3,556
                      895

                      0900
                      Total new obligations, unexpired accounts
                      10,755
                      8,909
                      5,514

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      16,049
                      16,996
                      16,848

                      1021
                      Recoveries of prior year unpaid obligations
                      580

                      1023
                      Unobligated balances applied to repay debt
                      –2,260

                      1033
                      Recoveries of prior year paid obligations
                      338

                      1050
                      Unobligated balance (total)
                      14,707
                      16,996
                      16,848

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      13,044
                      8,761
                      6,833

                      1900
                      Budget authority (total)
                      13,044
                      8,761
                      6,833

                      1930
                      Total budgetary resources available
                      27,751
                      25,757
                      23,681

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      16,996
                      16,848
                      18,167

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      1,264
                      979
                      979

                      3010
                      New obligations, unexpired accounts
                      10,755
                      8,909
                      5,514

                      3020
                      Outlays (gross)
                      –10,460
                      –8,909
                      –5,514

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –580

                      3050
                      Unpaid obligations, end of year
                      979
                      979
                      979

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      1,264
                      979
                      979

                      3200
                      Obligated balance, end of year
                      979
                      979
                      979

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      13,044
                      8,761
                      6,833

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      10,460
                      8,909
                      5,514

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward reestimate
                      –839
                      –238

                      4120
                      Interest on upward reestimate
                      –602
                      –237

                      4122
                      Interest on uninvested funds
                      –876

                      4123
                      Stafford recoveries on defaults
                      –1,441
                      –1,626
                      –1,305

                      4123
                      Stafford other fees
                      –52

                      4123
                      Stafford special allowance rebate
                      –412
                      –73
                      –26

                      4123
                      Unsubsidized Stafford recoveries on default
                      –1,556
                      –1,744
                      –1,411

                      4123
                      Unsubsidized Stafford other fees
                      –56

                      4123
                      Unsubsidized Stafford special allowance rebate
                      –557
                      –157
                      –68

                      4123
                      PLUS recoveries on defaults
                      –290
                      –220
                      –177

                      4123
                      PLUS other fees
                      –11

                      4123
                      PLUS special allowance rebate
                      –169
                      –27
                      –12

                      4123
                      SLS recoveries on defaults
                      –11
                      –4
                      –3

                      4123
                      SLS other fees
                      –1

                      4123
                      Consolidation recoveries on defaults
                      –4,293
                      –3,880
                      –3,494

                      4123
                      Consolidation loan holders fee
                      –1,280
                      –429
                      –297

                      4123
                      Consolidation other fees
                      –155

                      4123
                      Consolidation special allowance rebate
                      –781
                      –126
                      –40

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –13,382
                      –8,761
                      –6,833

                      Additional offsets against financing authority only (total):

                      4143
                      Recoveries of prior year paid obligations, unexpired accounts
                      338

                      4170
                      Outlays, net (mandatory)
                      –2,922
                      148
                      –1,319

                      4180
                      Budget authority, net (total)

                      4190
                      Outlays, net (total)
                      –2,922
                      148
                      –1,319

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 091–4251–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      22,472
                      19,488
                      18,564

                      2251
                      Repayments and prepayments
                      –1,285
                      –383
                      –51

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –1,256
                      –476
                      –382

                      2263
                      Terminations for default that result in claim payments
                      –297
                      –65
                      –54

                      2264
                      Other adjustments, net
                      –146

                      2290
                      Outstanding, end of year
                      19,488
                      18,564
                      18,077

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      18,513
                      17,636
                      17,174

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      4,367
                      4,262
                      3,226

                      2331
                      Disbursements for guaranteed loan claims
                      1,256
                      476
                      382

                      2351
                      Repayments of loans receivable
                      –1,234
                      –1,626
                      –1,305

                      2361
                      Write-offs of loans receivable
                      –297
                      –211
                      –156

                      2364
                      Other adjustments, net
                      170
                      325
                      299

                      2390
                      Outstanding, end of year
                      4,262
                      3,226
                      2,446

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      27,011
                      23,729
                      22,468

                      2251
                      Repayments and prepayments
                      –1,545
                      –572
                      –190

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –1,298
                      –625
                      –502

                      2263
                      Terminations for default that result in claim payments
                      –451
                      –64
                      –48

                      2264
                      Other adjustments, net
                      12

                      2290
                      Outstanding, end of year
                      23,729
                      22,468
                      21,728

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      22,543
                      21,344
                      20,641

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      9,743
                      9,645
                      8,130

                      2331
                      Disbursements for guaranteed loan claims
                      1,298
                      625
                      502

                      2351
                      Repayments of loans receivable
                      –1,333
                      –1,744
                      –1,411

                      2361
                      Write-offs of loans receivable
                      –451
                      –396
                      –336

                      2364
                      Other adjustments, net
                      388

                      2390
                      Outstanding, end of year
                      9,645
                      8,130
                      6,885

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      4,672
                      3,950
                      3,715

                      2251
                      Repayments and prepayments
                      –267
                      –88
                      –23

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –10
                      –126
                      –122

                      2263
                      Terminations for default that result in claim payments
                      –37
                      –21
                      –19

                      2264
                      Other adjustments, net
                      –408

                      2290
                      Outstanding, end of year
                      3,950
                      3,715
                      3,551

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      3,753
                      3,529
                      3,373

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      403
                      132
                      30

                      2331
                      Disbursements for guaranteed loan claims
                      10
                      126
                      122

                      2351
                      Repayments of loans receivable
                      –248
                      –220
                      –177

                      2361
                      Write-offs of loans receivable
                      –37
                      –8
                      –4

                      2364
                      Other adjustments, net
                      4

                      40

                      2390
                      Outstanding, end of year
                      132
                      30
                      11

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      52
                      46
                      46

                      2251
                      Repayments and prepayments
                      –3

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –9

                      2263
                      Terminations for default that result in claim payments

                      2264
                      Other adjustments, net
                      6

                      2290
                      Outstanding, end of year
                      46
                      46
                      46

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      44
                      44
                      44

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      265
                      276
                      272

                      2331
                      Disbursements for guaranteed loan claims
                      9

                      2351
                      Repayments of loans receivable
                      –10
                      –4
                      –4

                      2361
                      Write-offs of loans receivable

                      2364
                      Other adjustments, net
                      12

                      2390
                      Outstanding, end of year
                      276
                      272
                      268

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      121,751
                      109,421
                      100,072

                      2251
                      Repayments and prepayments
                      –6,963
                      –5,998
                      –4,185

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –3,436
                      –2,711
                      –2,221

                      2263
                      Terminations for default that result in claim payments
                      –626
                      –640
                      –631

                      2264
                      Other adjustments, net
                      –1,305

                      2290
                      Outstanding, end of year
                      109,421
                      100,072
                      93,035

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      103,950
                      95,069
                      88,384

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      19,617
                      19,534
                      18,172

                      2331
                      Disbursements for guaranteed loan claims
                      3,436
                      2,711
                      2,221

                      2351
                      Repayments of loans receivable
                      –3,677
                      –3,880
                      –3,494

                      2361
                      Write-offs of loans receivable
                      –626
                      –593
                      –546

                      2364
                      Other adjustments, net
                      784
                      400
                      350

                      2390
                      Outstanding, end of year
                      19,534
                      18,172
                      16,703

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4251–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      16,939
                      17,601

                      Investments in U.S. securities:

                      1106
                      Receivables, net
                      188
                      448

                      1206
                      Non-Federal assets: Receivables, net

                      2

                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:

                      1501
                      Defaulted guaranteed loans receivable, gross
                      34,395
                      33,849

                      1502
                      Interest receivable
                      7,217
                      7,803

                      1505
                      Allowance for subsidy cost (-)
                      –13,838
                      –15,186

                      1599
                      Net present value of assets related to defaulted guaranteed loans
                      27,774
                      26,466

                      1901
                      Other Federal assets: Other assets
                      2

                      1999
                      Total assets
                      44,903
                      44,517

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable

                      2103
                      Debt
                      41,140
                      38,880

                      2105
                      Other
                      122

                      Non-Federal liabilities:

                      2201
                      Accounts payable
                      6
                      3,046

                      2204
                      Liabilities for loan guarantees
                      3,635
                      2,591

                      2999
                      Total liabilities
                      44,903
                      44,517

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      44,903
                      44,517

             Federal Family Education Loan Program Financing Account
             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 091–4251–4–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0110
                      Guaranty Agency account maintenance fees

                      –5

                      0191
                      Subtotal, Stafford loans

                      –5

                      0210
                      Guaranty Agency account maintenance fees

                      –4

                      0291
                      Subtotal, Unsubsidized Stafford loans

                      –4

                      0510
                      Guaranty Agency account maintenance fees

                      –105

                      0591
                      Subtotal, Consolidations loans

                      –105

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury

                      44

                      0741
                      Modification savings

                      501

                      0791
                      Direct program activities, subtotal

                      545

                      0900
                      Total new obligations, unexpired accounts

                      431

                      Budgetary resources:

                      Financing authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      12

                      1900
                      Budget authority (total)

                      12

                      1930
                      Total budgetary resources available

                      12

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      –419

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      431

                      3020
                      Outlays (gross)

                      –431

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      12

                      Financing disbursements:

                      4110
                      Outlays, gross (total)

                      431

                      4180
                      Budget authority, net (total)

                      12

                      4190
                      Outlays, net (total)

                      431

             This presentation shows the non-budgetary effects of the cash flows to and from the Government resulting from the President's
                student loan reform proposals.

             Temporary Student Loan Purchase Authority Financing AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4453–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0006
                      Contract collection costs
                      79
                      87
                      81

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      1,452
                      1,277
                      974

                      0742
                      Downward reestimates paid to receipt accounts
                      59

                      0743
                      Interest on downward reestimates
                      16

                      0791
                      Direct program activities, subtotal
                      1,527
                      1,277
                      974

                      0900
                      Total new obligations, unexpired accounts
                      1,606
                      1,364
                      1,055

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      172
                      858

                      1021
                      Recoveries of prior year unpaid obligations
                      651

                      1023
                      Unobligated balances applied to repay debt
                      –172
                      –858

                      1050
                      Unobligated balance (total)
                      651

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      75

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      5,543
                      8,023
                      5,372

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –3,805
                      –6,659
                      –4,317

                      1850
                      Spending auth from offsetting collections, mand (total)
                      1,738
                      1,364
                      1,055

                      1900
                      Budget authority (total)
                      1,813
                      1,364
                      1,055

                      1930
                      Total budgetary resources available
                      2,464
                      1,364
                      1,055

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      858

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      659
                      21
                      21

                      3010
                      New obligations, unexpired accounts
                      1,606
                      1,364
                      1,055

                      3020
                      Outlays (gross)
                      –1,593
                      –1,364
                      –1,055

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –651

                      3050
                      Unpaid obligations, end of year
                      21
                      21
                      21

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      659
                      21
                      21

                      3200
                      Obligated balance, end of year
                      21
                      21
                      21

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      1,813
                      1,364
                      1,055

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      1,593
                      1,364
                      1,055

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward reestimate
                      –346
                      –1,296

                      4120
                      Upward reestimate interest
                      –112
                      –479

                      4122
                      Interest on uninvested funds
                      –102

                      4123
                      Principal repayments
                      –3,927
                      –5,065
                      –4,354

                      4123
                      Interest repayments
                      –1,034
                      –1,183
                      –1,018

                      4123
                      Fees and other refunds
                      –22

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –5,543
                      –8,023
                      –5,372

                      4160
                      Budget authority, net (mandatory)
                      –3,730
                      –6,659
                      –4,317

                      4170
                      Outlays, net (mandatory)
                      –3,950
                      –6,659
                      –4,317

                      4180
                      Budget authority, net (total)
                      –3,730
                      –6,659
                      –4,317

                      4190
                      Outlays, net (total)
                      –3,950
                      –6,659
                      –4,317

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4453–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      40,287
                      36,475
                      31,355

                      1251
                      Repayments: Repayments and prepayments
                      –3,927
                      –5,065
                      –4,354

                      1261
                      Adjustments: Capitalized interest

                      26
                      14

                      1264
                      Other adjustments, net (+ or -)
                      115
                      –81
                      –77

                      1290
                      Outstanding, end of year
                      36,475
                      31,355
                      26,938

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4453–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      831
                      879

                      Investments in U.S. securities:

                      1106
                      Receivables, net
                      620
                      1,227

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

                      1401
                      Direct loans receivable, gross
                      40,287
                      36,475

                      1402
                      Interest receivable
                      3,948
                      4,713

                      1405
                      Allowance for subsidy cost (-)
                      2,072
                      458

                      1499
                      Net present value of assets related to direct loans
                      46,307
                      41,646

                      1999
                      Total assets
                      47,758
                      43,752

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable

                      2103
                      Debt
                      47,654
                      43,752

                      2105
                      Other
                      104

                      2201
                      Non-Federal liabilities: Accounts payable

                      2999
                      Total liabilities
                      47,758
                      43,752

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      47,758
                      43,752

             Student Loan Acquisition AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4449–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0005
                      Contract collection costs
                      52
                      51
                      48

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      758
                      812
                      574

                      0742
                      Downward reestimates paid to receipt accounts
                      120

                      0743
                      Interest on downward reestimates
                      32

                      0791
                      Direct program activities, subtotal
                      910
                      812
                      574

                      0900
                      Total new obligations, unexpired accounts
                      962
                      863
                      622

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      365
                      297

                      1021
                      Recoveries of prior year unpaid obligations
                      3

                      1023
                      Unobligated balances applied to repay debt
                      –365
                      –297

                      1050
                      Unobligated balance (total)
                      3

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      152

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      3,675
                      5,164
                      3,268

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –2,571
                      –4,301
                      –2,646

                      1850
                      Spending auth from offsetting collections, mand (total)
                      1,104
                      863
                      622

                      1900
                      Budget authority (total)
                      1,256
                      863
                      622

                      1930
                      Total budgetary resources available
                      1,259
                      863
                      622

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      297

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      9
                      14
                      14

                      3010
                      New obligations, unexpired accounts
                      962
                      863
                      622

                      3020
                      Outlays (gross)
                      –954
                      –863
                      –622

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –3

                      3050
                      Unpaid obligations, end of year
                      14
                      14
                      14

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      9
                      14
                      14

                      3200
                      Obligated balance, end of year
                      14
                      14
                      14

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      1,256
                      863
                      622

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      954
                      863
                      622

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Upward reestimate
                      –491
                      –1,049

                      4120
                      Upward reestimate interest
                      –156
                      –362

                      4122
                      Interest on uninvested funds
                      –52

                      4123
                      Principal repayments
                      –2,343
                      –3,043
                      –2,652

                      4123
                      Borrower interest repayments
                      –617
                      –710
                      –616

                      4123
                      Fees and other refunds
                      –16

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –3,675
                      –5,164
                      –3,268

                      4160
                      Budget authority, net (mandatory)
                      –2,419
                      –4,301
                      –2,646

                      4170
                      Outlays, net (mandatory)
                      –2,721
                      –4,301
                      –2,646

                      4180
                      Budget authority, net (total)
                      –2,419
                      –4,301
                      –2,646

                      4190
                      Outlays, net (total)
                      –2,721
                      –4,301
                      –2,646

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4449–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      21,374
                      19,276
                      16,202

                      1251
                      Repayments: Repayments and prepayments
                      –2,343
                      –3,043
                      –2,652

                      1261
                      Adjustments: Capitalized interest

                      17
                      9

                      1264
                      Other adjustments, net (+ or -)
                      245
                      –48
                      –47

                      1290
                      Outstanding, end of year
                      19,276
                      16,202
                      13,512

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4449–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      205
                      142

                      Investments in U.S. securities:

                      1106
                      Receivables, net
                      459
                      1,302

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

                      1401
                      Direct loans receivable, gross
                      21,374
                      19,276

                      1402
                      Interest receivable
                      2,224
                      2,435

                      1405
                      Allowance for subsidy cost (-)
                      1,657
                      –21

                      1499
                      Net present value of assets related to direct loans
                      25,255
                      21,690

                      1999
                      Total assets
                      25,919
                      23,134

                      LIABILITIES:

                      Federal liabilities:

                      2101
                      Accounts payable

                      2103
                      Debt
                      25,919
                      23,134

                      2201
                      Non-Federal liabilities: Accounts payable

                      2999
                      Total liabilities
                      25,919
                      23,134

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      25,919
                      23,134

             Temporary Student Loan Purchase Authority Conduit Financing AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4459–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0003
                      Contract collection costs
                      8
                      13
                      10

                      Credit program obligations:

                      0713
                      Payment of interest to Treasury
                      48
                      10
                      8

                      0900
                      Total new obligations, unexpired accounts
                      56
                      23
                      18

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      12
                      14

                      1021
                      Recoveries of prior year unpaid obligations
                      1

                      1023
                      Unobligated balances applied to repay debt
                      –12
                      –14

                      1050
                      Unobligated balance (total)
                      1

                      Financing authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      139
                      131
                      89

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –70
                      –108
                      –71

                      1850
                      Spending auth from offsetting collections, mand (total)
                      69
                      23
                      18

                      1930
                      Total budgetary resources available
                      70
                      23
                      18

                      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
                      12
                      12
                      12

                      3010
                      New obligations, unexpired accounts
                      56
                      23
                      18

                      3020
                      Outlays (gross)
                      –55
                      –23
                      –18

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –1

                      3050
                      Unpaid obligations, end of year
                      12
                      12
                      12

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      12
                      12
                      12

                      3200
                      Obligated balance, end of year
                      12
                      12
                      12

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      69
                      23
                      18

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      55
                      23
                      18

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4122
                      Interest on uninvested funds
                      –2

                      4123
                      Direct Conduit Fees
                      –5

                      4123
                      Principal repayments
                      –96
                      –104
                      –66

                      4123
                      Interest repayments
                      –36
                      –27
                      –23

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –139
                      –131
                      –89

                      4160
                      Budget authority, net (mandatory)
                      –70
                      –108
                      –71

                      4170
                      Outlays, net (mandatory)
                      –84
                      –108
                      –71

                      4180
                      Budget authority, net (total)
                      –70
                      –108
                      –71

                      4190
                      Outlays, net (total)
                      –84
                      –108
                      –71

          Status of Direct Loans (in millions of dollars)

                      Identification code 091–4459–0–3–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      1,660
                      1,565
                      1,461

                      1251
                      Repayments: Repayments and prepayments
                      –96
                      –104
                      –66

                      1264
                      Other adjustments, net (+ or -)
                      1

                      1290
                      Outstanding, end of year
                      1,565
                      1,461
                      1,395

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4459–0–3–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      24
                      25

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

                      1401
                      Direct loans receivable, gross
                      1,660
                      1,565

                      1402
                      Interest receivable
                      293
                      331

                      1405
                      Allowance for subsidy cost (-)
                      –400
                      –426

                      1499
                      Net present value of assets related to direct loans
                      1,553
                      1,470

                      1999
                      Total assets
                      1,577
                      1,495

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt
                      1,577
                      1,495

                      2201
                      Non-Federal liabilities: Accounts payable

                      2999
                      Total liabilities
                      1,577
                      1,495

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      1,577
                      1,495

             Federal Family Education Loan Liquidating AccountProgram and Financing (in millions of dollars)

                      Identification code 091–0230–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0101
                      Interest benefits, net of origination fees
                      2
                      2
                      2

                      0103
                      Default claims
                      9
                      11
                      10

                      0104
                      Death, disability, and bankruptcy claims
                      13
                      11
                      9

                      0105
                      Contract collection costs
                      6
                      4
                      3

                      0191
                      Subtotal, Stafford loans
                      30
                      28
                      24

                      0201
                      Default claims
                      2
                      2
                      2

                      0202
                      Death, disability, and bankruptcy claims
                      3
                      4
                      4

                      0205
                      Contract collection costs
                      1
                      1

                      0291
                      Subtotal, PLUS/SLS loans
                      6
                      7
                      6

                      0900
                      Total new obligations, unexpired accounts
                      36
                      35
                      30

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      99
                      171

                      1021
                      Recoveries of prior year unpaid obligations
                      13

                      1022
                      Capital transfer of unobligated balances to general fund
                      –99
                      –171

                      1033
                      Recoveries of prior year paid obligations
                      1

                      1050
                      Unobligated balance (total)
                      14

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      193
                      157
                      126

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

                      –122
                      –96

                      1850
                      Spending auth from offsetting collections, mand (total)
                      193
                      35
                      30

                      1930
                      Total budgetary resources available
                      207
                      35
                      30

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      171

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      16
                      11
                      11

                      3010
                      New obligations, unexpired accounts
                      36
                      35
                      30

                      3020
                      Outlays (gross)
                      –28
                      –35
                      –30

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –13

                      3050
                      Unpaid obligations, end of year
                      11
                      11
                      11

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      16
                      11
                      11

                      3200
                      Obligated balance, end of year
                      11
                      11
                      11

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      193
                      35
                      30

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      28
                      24
                      30

                      4101
                      Outlays from mandatory balances

                      11

                      4110
                      Outlays, gross (total)
                      28
                      35
                      30

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Fed collections on defaulted loans, Stafford
                      –88
                      –43
                      –35

                      4123
                      Fed collections on bankruptcies, Stafford

                      –2
                      –2

                      4123
                      Offsets against Federal tax refunds, Stafford

                      –46
                      –37

                      4123
                      Reimbursements from guaranty agencies, Stafford
                      –67
                      –32
                      –26

                      4123
                      Other collections, Stafford
                      –7
                      –9
                      –7

                      4123
                      Federal collections on defaulted loans, PLUS/SLS
                      –18
                      –13
                      –11

                      4123
                      Federal collections on bankruptcies, PLUS/SLS

                      –1

                      4123
                      Offsets against Federal tax refunds, PLUS/SLS

                      –4
                      –3

                      4123
                      Reimbursements from guaranty agencies, PLUS/SLS
                      –14
                      –7
                      –5

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –194
                      –157
                      –126

                      Additional offsets against gross budget authority only:

                      4143
                      Recoveries of prior year paid obligations, unexpired accounts
                      1

                      4160
                      Budget authority, net (mandatory)

                      –122
                      –96

                      4170
                      Outlays, net (mandatory)
                      –166
                      –122
                      –96

                      4180
                      Budget authority, net (total)

                      –122
                      –96

                      4190
                      Outlays, net (total)
                      –166
                      –122
                      –96

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 091–0230–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      418
                      397
                      371

                      2251
                      Repayments and prepayments
                      –10
                      –10
                      –9

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –9
                      –6
                      –5

                      2263
                      Terminations for default that result in claim payments
                      –13
                      –11
                      –9

                      2264
                      Other adjustments, net
                      11
                      1
                      –1

                      2290
                      Outstanding, end of year
                      397
                      371
                      347

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      377
                      352
                      330

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      3,344
                      3,378
                      3,298

                      2331
                      Disbursements for guaranteed loan claims
                      9
                      6
                      5

                      2351
                      Repayments of loans receivable
                      –86
                      –64
                      –51

                      2361
                      Write-offs of loans receivable
                      –13
                      –13
                      –13

                      2364
                      Other adjustments, net
                      124
                      –9
                      –6

                      2390
                      Outstanding, end of year
                      3,378
                      3,298
                      3,233

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      49
                      45
                      39

                      2251
                      Repayments and prepayments
                      –2
                      –2
                      –2

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –2
                      –1
                      –1

                      2263
                      Terminations for default that result in claim payments
                      –3
                      –4
                      –4

                      2264
                      Other adjustments, net
                      3
                      1
                      1

                      2290
                      Outstanding, end of year
                      45
                      39
                      33

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      43
                      37
                      31

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      535
                      536
                      522

                      2331
                      Disbursements for guaranteed loan claims
                      2
                      1
                      1

                      2351
                      Repayments of loans receivable
                      –18
                      –11
                      –9

                      2361
                      Write-offs of loans receivable
                      –3
                      –3
                      –3

                      2364
                      Other adjustments, net
                      20
                      –1

                      2390
                      Outstanding, end of year
                      536
                      522
                      511

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–0230–0–1–502
                      2017 actual
                      2018 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      115
                      182

                      1701
                      Defaulted guaranteed loans, gross
                      3,879
                      3,914

                      1702
                      Interest receivable
                      5,661
                      5,839

                      1703
                      Allowance for estimated uncollectible loans and interest (-)
                      –8,019
                      –8,078

                      1799
                      Value of assets related to loan guarantees
                      1,521
                      1,675

                      1999
                      Total assets
                      1,636
                      1,857

                      LIABILITIES:

                      2104
                      Federal liabilities: Resources payable to Treasury
                      1,614
                      1,856

                      Non-Federal liabilities:

                      2201
                      Accounts payable

                      2204
                      Liabilities for loan guarantees
                      22
                      1

                      2999
                      Total liabilities
                      1,636
                      1,857

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      1,636
                      1,857

          Object Classification (in millions of dollars)

                      Identification code 091–0230–0–1–502
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      33.0
                      Investments and loans
                      11
                      7
                      6

                      41.0
                      Grants, subsidies, and contributions
                      9
                      13
                      11

                      42.0
                      Insurance claims and indemnities
                      16
                      15
                      13

                      99.0
                      Direct obligations
                      36
                      35
                      30

                      99.9
                      Total new obligations, unexpired accounts
                      36
                      35
                      30

             Health Education Assistance Loans Program AccountSummary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 091–0247–0–1–552
                      2018 actual
                      2019 est.
                      2020 est.

                      Guaranteed loan reestimates:

                      235001
                      HEAL Loan Guarantee
                      –8
                      –34

             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.

             Health Education Assistance Loans Financing AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4300–0–3–552
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0711
                      Default claim payments on principal
                      1
                      4
                      4

                      0715
                      Default Collection Costs
                      1
                      2
                      2

                      0742
                      Downward reestimates paid to receipt accounts
                      4
                      12

                      0743
                      Interest on downward reestimates
                      4
                      22

                      0900
                      Total new obligations, unexpired accounts
                      10
                      40
                      6

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      24
                      21
                      20

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority

                      34

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      7
                      5
                      5

                      1900
                      Budget authority (total)
                      7
                      39
                      5

                      1930
                      Total budgetary resources available
                      31
                      60
                      25

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      21
                      20
                      19

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts
                      10
                      40
                      6

                      3020
                      Outlays (gross)
                      –10
                      –40
                      –6

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      7
                      39
                      5

                      Financing disbursements:

                      4110
                      Outlays, gross (total)
                      10
                      40
                      6

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4122
                      Interest on uninvested funds
                      –1
                      –2
                      –2

                      4123
                      Non-Federal sources
                      –6
                      –3
                      –3

                      4130
                      Offsets against gross budget authority and outlays (total)
                      –7
                      –5
                      –5

                      4160
                      Budget authority, net (mandatory)

                      34

                      4170
                      Outlays, net (mandatory)
                      3
                      35
                      1

                      4180
                      Budget authority, net (total)

                      34

                      4190
                      Outlays, net (total)
                      3
                      35
                      1

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 091–4300–0–3–552
                      2018 actual
                      2019 est.
                      2020 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
                      165
                      163
                      153

                      2251
                      Repayments and prepayments
                      –6
                      –6
                      –6

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –1
                      –3
                      –3

                      2263
                      Terminations for default that result in claim payments
                      –1
                      –1
                      –1

                      2264
                      Other adjustments, net
                      6

                      2290
                      Outstanding, end of year
                      163
                      153
                      143

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      163
                      145
                      143

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      148
                      144
                      143

                      2331
                      Disbursements for guaranteed loan claims
                      1
                      3
                      3

                      2351
                      Repayments and prepayments
                      –4
                      –3
                      –3

                      2361
                      Write-offs of loans receivable
                      –1
                      –1
                      –1

                      2364
                      Other adjustments, net

                      2390
                      Outstanding, end of year
                      144
                      143
                      142

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4300–0–3–552
                      2017 actual
                      2018 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      24
                      21

                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:

                      1501
                      Defaulted guaranteed loans receivable, gross
                      148
                      144

                      1502
                      Interest receivable
                      18
                      19

                      1505
                      Allowance for subsidy cost (-)
                      2
                      12

                      1599
                      Net present value of assets related to defaulted guaranteed loans
                      168
                      175

                      1999
                      Total assets
                      192
                      196

                      LIABILITIES:

                      2204
                      Non-Federal liabilities: Liabilities for loan guarantees
                      192
                      196

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      4999
                      Total liabilities and net position
                      192
                      196

             Health Education Assistance Loans Liquidating AccountProgram and Financing (in millions of dollars)

                      Identification code 091–4299–0–3–552
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0715
                      Default Collections Costs
                      1
                      1
                      1

                      0900
                      Total new obligations, unexpired accounts (object class 25.2)
                      1
                      1
                      1

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      6
                      5

                      1022
                      Capital transfer of unobligated balances to general fund
                      –6
                      –5

                      Budget authority:

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      6
                      6
                      6

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

                      –5
                      –5

                      1850
                      Spending auth from offsetting collections, mand (total)
                      6
                      1
                      1

                      1900
                      Budget authority (total)
                      6
                      1
                      1

                      1930
                      Total budgetary resources available
                      6
                      1
                      1

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      5

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts
                      1
                      1
                      1

                      3020
                      Outlays (gross)
                      –1
                      –1
                      –1

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      6
                      1
                      1

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      1
                      1
                      1

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –6
                      –6
                      –6

                      4180
                      Budget authority, net (total)

                      –5
                      –5

                      4190
                      Outlays, net (total)
                      –5
                      –5
                      –5

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 091–4299–0–3–552
                      2018 actual
                      2019 est.
                      2020 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      19
                      17
                      15

                      2251
                      Repayments and prepayments
                      –2
                      –2
                      –2

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable

                      2264
                      Other adjustments, net

                      2290
                      Outstanding, end of year
                      17
                      15
                      13

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      17
                      15
                      13

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      250
                      253
                      249

                      2331
                      Disbursements for guaranteed loan claims

                      2351
                      Repayments of loans receivable
                      –4
                      –4
                      –4

                      2361
                      Write-offs of loans receivable

                      2364
                      Other adjustments, net
                      7

                      2390
                      Outstanding, end of year
                      253
                      249
                      245

             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.

          Balance Sheet (in millions of dollars)

                      Identification code 091–4299–0–3–552
                      2017 actual
                      2018 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      6
                      5

                      1701
                      Defaulted guaranteed loans, gross
                      250
                      253

                      1702
                      Interest receivable

                      12

                      1703
                      Allowance for estimated uncollectible loans and interest (-)
                      –66
                      –80

                      1799
                      Value of assets related to loan guarantees
                      184
                      185

                      1999
                      Total assets
                      190
                      190

                      LIABILITIES:

                      2104
                      Federal liabilities: Resources payable to Treasury

                      173

                      Non-Federal liabilities:

                      2204
                      Liabilities for loan guarantees

                      25

                      2207
                      Other
                      190

                      2999
                      Total liabilities
                      190
                      198

                      NET POSITION:

                      3300
                      Cumulative results of operations

                      –8

                      4999
                      Total liabilities and net position
                      190
                      190

             Institute of Education SciencesFederal Funds
             Institute of education sciencesFor carrying out activities authorized by the Education Sciences Reform Act of 2002, the National Assessment of Educational
                Progress Authorization Act,  and section 664 of the Individuals with Disabilities Education Act,  $521,563,000, which shall remain available through September 30,  2021 .
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–1100–0–1–503
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Research, development, and dissemination
                      199
                      193
                      188

                      0002
                      Statistics
                      104
                      110
                      112

                      0003
                      Regional educational laboratories
                      64
                      55

                      0004
                      National Assessment
                      147
                      151
                      149

                      0005
                      National Assessment Governing Board
                      9
                      8
                      8

                      0006
                      Research in special education
                      59
                      56
                      54

                      0007
                      Statewide longitudinal data systems
                      29
                      32

                      0008
                      Special education studies and evaluations
                      9
                      11
                      11

                      0100
                      Total direct program
                      620
                      616
                      522

                      0799
                      Total direct obligations
                      620
                      616
                      522

                      0801
                      Reimbursable program activity
                      1

                      0900
                      Total new obligations, unexpired accounts
                      621
                      616
                      522

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      56
                      52
                      51

                      1021
                      Recoveries of prior year unpaid obligations
                      4

                      1050
                      Unobligated balance (total)
                      60
                      52
                      51

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      613
                      615
                      522

                      1930
                      Total budgetary resources available
                      673
                      667
                      573

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      52
                      51
                      51

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      620
                      640
                      785

                      3010
                      New obligations, unexpired accounts
                      621
                      616
                      522

                      3020
                      Outlays (gross)
                      –590
                      –471
                      –521

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –4

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –7

                      3050
                      Unpaid obligations, end of year
                      640
                      785
                      786

                      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
                      619
                      639
                      784

                      3200
                      Obligated balance, end of year
                      639
                      784
                      785

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      613
                      615
                      522

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      163
                      102
                      82

                      4011
                      Outlays from discretionary balances
                      427
                      369
                      439

                      4020
                      Outlays, gross (total)
                      590
                      471
                      521

                      4180
                      Budget authority, net (total)
                      613
                      615
                      522

                      4190
                      Outlays, net (total)
                      590
                      471
                      521

             Research and Statistics:
             Research, development, and dissemination.—Funds support a diverse portfolio of research, development, and dissemination activities that provide parents, teachers,
                and schools with evidence-based information on effective educational practices.

             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.

             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.

             Special education studies and evaluations.—Funds support studies, evaluations, and assessments related to the implementation of the Individuals with Disabilities Education
                Act in order to improve special education and early intervention services and outcomes for infants, toddlers, and children
                with disabilities.

          Object Classification (in millions of dollars)

                      Identification code 091–1100–0–1–503
                      2018 actual
                      2019 est.
                      2020 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

                      12.1
                      Civilian personnel benefits
                      1
                      1
                      1

                      25.1
                      Advisory and assistance services
                      25
                      25
                      25

                      25.2
                      Other services from non-Federal sources
                      292
                      292
                      259

                      25.3
                      Other goods and services from Federal sources
                      2
                      2
                      2

                      25.5
                      Research and development contracts
                      45
                      45
                      18

                      25.7
                      Operation and maintenance of equipment
                      2
                      2
                      2

                      41.0
                      Grants, subsidies, and contributions
                      252
                      247
                      213

                      99.9
                      Total new obligations, unexpired accounts
                      621
                      616
                      522

          Employment Summary

                      Identification code 091–1100–0–1–503
                      2018 actual
                      2019 est.
                      2020 est.

                      1001
                      Direct civilian full-time equivalent employment
                      14
                      14
                      14

             Departmental ManagementFederal Funds
             Departmental management
             Program administrationFor carrying out, to the extent not otherwise provided, the Department of Education Organization Act, including rental of
                conference rooms in the District of Columbia and hire of three passenger motor vehicles,  $447,000,000, of which up to $27,000,000, to remain available until expended, shall be available for relocation expenses,
                   and for the renovation and repair of leased buildings: Provided, That, notwithstanding any other provision of law, none of the funds provided by this Act or provided by previous Appropriations
                Acts to the Department of Education available for obligation or expenditure in the current fiscal year may be used for any
                activity relating to implementing a reorganization that decentralizes, reduces the staffing level, or alters the responsibilities,
                structure, authority, or functionality of the Budget Service of the Department of Education, relative to the organization
                and operation of the Budget Service as in effect on January 1, 2018.
          (Department of Education Appropriations Act, 2019.)
          Special and Trust Fund Receipts (in millions of dollars)

                      Identification code 091–0800–0–1–503
                      2018 actual
                      2019 est.
                      2020 est.

                      0100
                      Balance, start of year

                      1

                      Receipts:

                      Current law:

                      1130
                      Contributions

                      1
                      1

                      2000
                      Total: Balances and receipts

                      1
                      2

                      5099
                      Balance, end of year

                      1
                      2

          Program and Financing (in millions of dollars)

                      Identification code 091–0800–0–1–503
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Program administration
                      434
                      432
                      443

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      3
                      1

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1

                      3

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      430
                      430
                      447

                      1120
                      Appropriations transferred to other acct [091–0249]

                      –5

                      1121
                      Appropriations transferred from other acct [091–0013]
                      3

                      1160
                      Appropriation, discretionary (total)
                      433
                      430
                      442

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      4

                      1900
                      Budget authority (total)
                      437
                      430
                      442

                      1930
                      Total budgetary resources available
                      437
                      433
                      443

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      3
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      129
                      139
                      134

                      3010
                      New obligations, unexpired accounts
                      434
                      432
                      443

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      5

                      3020
                      Outlays (gross)
                      –422
                      –437
                      –435

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –7

                      3050
                      Unpaid obligations, end of year
                      139
                      134
                      142

                      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
                      128
                      138
                      133

                      3200
                      Obligated balance, end of year
                      138
                      133
                      141

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      437
                      430
                      442

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      330
                      331
                      338

                      4011
                      Outlays from discretionary balances
                      92
                      106
                      97

                      4020
                      Outlays, gross (total)
                      422
                      437
                      435

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Federal sources
                      –3

                      4033
                      Non-Federal sources
                      –1

                      4040
                      Offsets against gross budget authority  and outlays (total)
                      –4

                      4070
                      Budget authority, net (discretionary)
                      433
                      430
                      442

                      4080
                      Outlays, net (discretionary)
                      418
                      437
                      435

                      4180
                      Budget authority, net (total)
                      433
                      430
                      442

                      4190
                      Outlays, net (total)
                      418
                      437
                      435

             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. Included in this account is the Department of Education's cost to relocate staff and renovate buildings occupied
                by Department staff.

             Also included in this account are contributions from the public. 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.

          Object Classification (in millions of dollars)

                      Identification code 091–0800–0–1–503
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      180
                      191
                      192

                      11.3
                      Other than full-time permanent
                      12
                      2
                      2

                      11.5
                      Other personnel compensation
                      3
                      3
                      3

                      11.9
                      Total personnel compensation
                      195
                      196
                      197

                      12.1
                      Civilian personnel benefits
                      62
                      65
                      65

                      13.0
                      Benefits for former personnel
                      1

                      21.0
                      Travel and transportation of persons
                      2
                      4
                      4

                      23.1
                      Rental payments to GSA
                      36
                      39
                      39

                      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
                      24
                      22
                      23

                      25.3
                      Other goods and services from Federal sources
                      24
                      23
                      25

                      25.7
                      Operation and maintenance of equipment
                      76
                      75
                      70

                      26.0
                      Supplies and materials
                      1
                      1
                      1

                      31.0
                      Equipment
                      2
                      1

                      32.0
                      Land and structures
                      5
                      1
                      14

                      99.0
                      Direct obligations
                      432
                      431
                      442

                      99.5
                      Adjustment for rounding
                      2
                      1
                      1

                      99.9
                      Total new obligations, unexpired accounts
                      434
                      432
                      443

          Employment Summary

                      Identification code 091–0800–0–1–503
                      2018 actual
                      2019 est.
                      2020 est.

                      1001
                      Direct civilian full-time equivalent employment
                      1,585
                      1,626
                      1,626

             Information Technology System Modernization and Working Capital FundProgram and Financing (in millions of dollars)

                      Identification code 091–0249–0–1–503
                      2018 actual
                      2019 est.
                      2020 est.

                      Budgetary resources:

                      Budget authority:

                      Appropriations, discretionary:

                      1121
                      Appropriations transferred from other acct [091–0800]

                      5

                      1930
                      Total budgetary resources available

                      5

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      5

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross

                      5

                      4180
                      Budget authority, net (total)

                      5

                      4190
                      Outlays, net (total)

             The Information Technology System Modernization and Working Capital Fund (IT WCF), authorized by the Modernizing Government
                Technology (MGT) Act in 2018, may only be used: (A) to improve, retire, or replace existing information technology systems
                to enhance cybersecurity of existing systems and to improve efficiency and effectiveness; (B) to transition legacy information
                technology systems to cloud computing and other innovative platforms and technologies, including those serving more than one
                covered agency with common requirements; (C) to assist and support covered agency efforts to provide adequate, risk-based,
                and cost-effective information technology capabilities that address evolving threats to information security; and (D) to reimburse
                funds transferred to the agency from the Technology Modernization Fund. Establishing this account under the MGT authority
                would enable transfers of expiring administrative funds to this account with a 3 year period of availability for use on IT
                modernization activities.

             Office for civil rightsFor expenses necessary for the Office for Civil Rights, as authorized by section 203 of the Department of Education Organization
                Act, $125,000,000.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–0700–0–1–751
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Civil rights
                      117
                      125
                      125

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1
                      1
                      1

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      117
                      125
                      125

                      1930
                      Total budgetary resources available
                      118
                      126
                      126

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      1
                      1
                      1

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      18
                      26
                      26

                      3010
                      New obligations, unexpired accounts
                      117
                      125
                      125

                      3011
                      Obligations ("upward adjustments"), expired accounts
                      1

                      3020
                      Outlays (gross)
                      –108
                      –125
                      –124

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –2

                      3050
                      Unpaid obligations, end of year
                      26
                      26
                      27

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      18
                      26
                      26

                      3200
                      Obligated balance, end of year
                      26
                      26
                      27

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      117
                      125
                      125

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      96
                      105
                      104

                      4011
                      Outlays from discretionary balances
                      12
                      20
                      20

                      4020
                      Outlays, gross (total)
                      108
                      125
                      124

                      4180
                      Budget authority, net (total)
                      117
                      125
                      125

                      4190
                      Outlays, net (total)
                      108
                      125
                      124

             The Office for Civil Rights is responsible for ensuring that no person is unlawfully discriminated against on the basis of
                race, color, national origin, sex, disability, or age in the delivery of services or the provision of benefits in programs
                or activities of schools and institutions receiving financial assistance from the Department of Education. The authorities
                under which the Office for Civil Rights operates are Title VI of the Civil Rights Act of 1964 (racial and ethnic discrimination),
                Title IX of the Education Amendments of 1972 (sex discrimination), section 504 of the Rehabilitation Act of 1973 (discrimination
                against individuals with a disability), the Age Discrimination Act of 1975, the Americans with Disabilities Act of 1990, and
                the Boy Scouts of America Equal Access Act of 2002.

          Object Classification (in millions of dollars)

                      Identification code 091–0700–0–1–751
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      59
                      68
                      68

                      11.3
                      Other than full-time permanent
                      2
                      2
                      2

                      11.5
                      Other personnel compensation
                      1
                      1
                      1

                      11.9
                      Total personnel compensation
                      62
                      71
                      71

                      12.1
                      Civilian personnel benefits
                      20
                      24
                      24

                      21.0
                      Travel and transportation of persons
                      1
                      1
                      1

                      23.1
                      Rental payments to GSA
                      9
                      9
                      9

                      25.2
                      Other services from non-Federal sources
                      2
                      1
                      1

                      25.3
                      Other goods and services from Federal sources
                      3
                      2
                      2

                      25.7
                      Operation and maintenance of equipment
                      18
                      17
                      17

                      32.0
                      Land and structures
                      2

                      99.9
                      Total new obligations, unexpired accounts
                      117
                      125
                      125

          Employment Summary

                      Identification code 091–0700–0–1–751
                      2018 actual
                      2019 est.
                      2020 est.

                      1001
                      Direct civilian full-time equivalent employment
                      534
                      625
                      619

             office of inspector generalFor expenses necessary for the Office of Inspector General, as authorized by section 212 of the Department of Education Organization
                Act,  $63,418,000, of which $2,000,000 shall remain available until expended.
          (Department of Education Appropriations Act, 2019.)
          Program and Financing (in millions of dollars)

                      Identification code 091–1400–0–1–751
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Inspector General
                      61
                      62
                      65

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      4
                      3

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      61
                      61
                      63

                      1121
                      Appropriations transferred from other acct [091–0013]
                      4

                      1160
                      Appropriation, discretionary (total)
                      65
                      61
                      63

                      1930
                      Total budgetary resources available
                      65
                      65
                      66

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      4
                      3
                      1

                      Change in obligated balance:

                      Unpaid obligations:

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

                      3010
                      New obligations, unexpired accounts
                      61
                      62
                      65

                      3020
                      Outlays (gross)
                      –60
                      –62
                      –62

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –1

                      3050
                      Unpaid obligations, end of year
                      13
                      13
                      16

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      13
                      13
                      13

                      3200
                      Obligated balance, end of year
                      13
                      13
                      16

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      65
                      61
                      63

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      51
                      49
                      50

                      4011
                      Outlays from discretionary balances
                      9
                      13
                      12

                      4020
                      Outlays, gross (total)
                      60
                      62
                      62

                      4180
                      Budget authority, net (total)
                      65
                      61
                      63

                      4190
                      Outlays, net (total)
                      60
                      62
                      62

             The Inspector General is responsible for the quality, coverage, and coordination of audit and investigation functions relating
                to Federal education activities. The Inspector General has the authority to inquire into all activities of the Department,
                including those performed under Federal education contracts, grants, or other agreements. Under the Chief Financial Officers
                Act of 1990, the Inspector General is also responsible for internal reviews of the Department's financial systems and audits
                of its financial statements.

          Object Classification (in millions of dollars)

                      Identification code 091–1400–0–1–751
                      2018 actual
                      2019 est.
                      2020 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      26
                      30
                      31

                      11.5
                      Other personnel compensation
                      2
                      1
                      1

                      11.9
                      Total personnel compensation
                      28
                      31
                      32

                      12.1
                      Civilian personnel benefits
                      11
                      11
                      12

                      21.0
                      Travel and transportation of persons
                      1
                      1
                      2

                      23.1
                      Rental payments to GSA
                      6
                      7
                      7

                      25.1
                      Advisory and assistance services
                      1

                      25.2
                      Other services from non-Federal sources
                      3
                      3
                      3

                      25.3
                      Other goods and services from Federal sources
                      1
                      1
                      2

                      25.7
                      Operation and maintenance of equipment
                      7
                      6
                      6

                      31.0
                      Equipment
                      1
                      1
                      1

                      32.0
                      Land and structures
                      1

                      99.0
                      Direct obligations
                      60
                      61
                      65

                      99.5
                      Adjustment for rounding
                      1
                      1

                      99.9
                      Total new obligations, unexpired accounts
                      61
                      62
                      65

          Employment Summary

                      Identification code 091–1400–0–1–751
                      2018 actual
                      2019 est.
                      2020 est.

                      1001
                      Direct civilian full-time equivalent employment
                      224
                      247
                      254

             Hurricane Education RecoveryFederal Funds
             Hurricane Education RecoveryProgram and Financing (in millions of dollars)

                      Identification code 091–0013–0–1–500
                      2018 actual
                      2019 est.
                      2020 est.

                      Obligations by program activity:

                      0001
                      Hurricane Education Recovery
                      1,179
                      1,514

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)
                      1,179
                      1,514

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      1,514

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      2,700

                      1120
                      Appropriations transferred to other acct [091–0800]
                      –3

                      1120
                      Appropriations transferred to other acct [091–1400]
                      –4

                      1160
                      Appropriation, discretionary (total)
                      2,693

                      1930
                      Total budgetary resources available
                      2,693
                      1,514

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      1,514

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      946
                      669

                      3010
                      New obligations, unexpired accounts
                      1,179
                      1,514

                      3020
                      Outlays (gross)
                      –233
                      –1,791
                      –668

                      3050
                      Unpaid obligations, end of year
                      946
                      669
                      1

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      946
                      669

                      3200
                      Obligated balance, end of year
                      946
                      669
                      1

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      2,693

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      233

                      4011
                      Outlays from discretionary balances

                      1,791
                      668

                      4020
                      Outlays, gross (total)
                      233
                      1,791
                      668

                      4180
                      Budget authority, net (total)
                      2,693

                      4190
                      Outlays, net (total)
                      233
                      1,791
                      668

              Funds support the following six programs authorized under Public Law 115–123: Awards to Eligible Entities for Immediate Aid
                to Restart School Operations; Temporary Emergency Impact Aid for Displaced Students; Assistance to Local Educational Agencies
                Serving Homeless Children and Youth enrolled as a result of displacement by a covered disaster or emergency; Project School
                Emergency Response to Violence activities authorized under section 4631(b) of the Elementary and Secondary Education Act,
                as amended; Emergency Assistance to Institutions of Higher Education (IHEs) and Students Attending IHEs from an area directly
                affected by a covered disaster or emergency; and payments to IHEs to help defray the unexpected expenses associated with enrolling
                students from IHEs at which operations have been disrupted by a covered disaster or emergency. Amounts in this schedule reflect
                balances that are spending out from prior-year appropriations.

             General and Administrative Provisions
             GENERAL FUND RECEIPT ACCOUNTS(in millions of dollars)

                      2018 actual
                      2019 est.
                      2020 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: Legislative proposal, subject to PAYGO

                      501

                      091–271830
                      Federal Family Education Loan Program, Downward Reestimates of Subsidies
                      236
                      2,099

                      091–274130
                      College Housing and Academic Facilities Loan, Downward Reestimates of Subsidies
                      9
                      6

                      091–278110
                      Federal Direct Student Loan Program, Negative Subsidies
                      10,984
                      7,847
                      4,967

                      091–278110
                      Federal Direct Student Loan Program, Negative Subsidies: Legislative proposal, subject to PAYGO

                      3,763

                      091–278130
                      Federal Direct Student Loan Program, Downward Reestimates of Subsidies
                      15,555
                      2,309

                      091–279430
                      TEACH Grant Program, Downward Reestimates of Subsidies

                      1

                      091–279830
                      Health Education Assistance Loans, Downward Reestimates of Subsidies
                      8
                      34

                      091–291500
                      Repayment of Loans, Capital Contributions, Higher Education Activities
                      528
                      1,120
                      554

                      091–322000
                      All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
                      56
                      47
                      47

                      General Fund Offsetting receipts from the public
                      27,377
                      13,465
                      9,834

                      Intragovernmental payments:

                      091–388500
                      Undistributed Intragovernmental Payments and Receivables from Cancelled Accounts
                      –17

                      General Fund Intragovernmental payments
                      –17

             GENERAL PROVISIONS
             General provisionsSEC. 301. No funds appropriated in this Act may be used to prevent the implementation of programs of voluntary prayer and meditation
          in the public schools.'

          (transfer of funds)SEC. 302. Not to exceed 1 percent of any discretionary funds (pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985)
          which are appropriated for the Department of Education in this Act may be transferred between appropriations, but no such
          appropriation shall be increased by more than 3 percent by any such transfer: Provided, That the transfer authority granted by this section shall not be used to create any new program or to fund any project or
          activity for which no funds are provided in this Act: Provided further, That the Committees on Appropriations of the House of Representatives and the Senate are notified at least 15 days in advance
          of any transfer.SEC. 303. Funds appropriated in this Act and consolidated for evaluation purposes under section 8601(c) of the ESEA shall be available
          from July 1,  2020, through September 30,  2021.SEC. 304. (a) An institution of higher education that maintains an endowment fund supported with funds appropriated for title III or V of
          the HEA for fiscal year  2020 may use the income from that fund to award scholarships to students, subject to the limitation in section 331(c)(3)(B)(i)
          of the HEA. The use of such income for such purposes, prior to the enactment of this Act, shall be considered to have been
          an allowable use of that income, subject to that limitation.
          (b) Subsection (a) shall be in effect until titles III and V of the HEA are reauthorized.SEC. 305. Section 114(f) of the HEA (20 U.S.C. 1011c(f)) is amended by striking  "2019" and inserting  "2020".'

           (Cancellation)SEC. 306. Of the unobligated balances available under the heading "Student Financial Assistance" for carrying out subpart 1 of part
          A of title IV of the HEA,  $2,000,000,000 are hereby  permanently cancelled.SEC. 307.   Section 402H(b) of the Higher Education Act of 1965 (20 U.S.C. 1070a-18(b)) is amended — (a)  in paragraph (2) — (1)  by striking "shall" and inserting "may" in the material before clause (i) in subparagraph (A); and
             (2)   by inserting "the rigorous evaluation of the programs authorized by this chapter, which may also include" after "primary
                      purpose" in subparagraph (B); and

          (b)  by striking paragraph (3) in its entirety and redesignating paragraph (4) as paragraph (3). SEC. 308.   Notwithstanding section 302, the Secretary of Education may transfer up to 10 percent of any amounts that are made available
                to the "Program Administration", "Office for Civil Rights", or "Office of Inspector General" accounts in this Act to the "Information
                Technology System Modernization and Working Capital Fund" (IT WCF), as authorized by section 1077(b)(1) of title X of division
                A of the National Defense Authorization Act for Fiscal Year 2018: Provided, That any amounts transferred to the IT WCF shall
                remain available for 3 fiscal years: Provided further, That the Secretary shall notify the Committees on Appropriations of
                the Senate and the House of Representatives at least 15 days in advance of any such transfer. SEC. 309.   Notwithstanding any other provision of law, the Secretary may reserve not more than 0.5 percent from any amount made available
                in this Act for an HEA program, except for any amounts made available for subpart 1 of part A of title IV of the HEA, to carry
                out rigorous and independent evaluations and to collect and analyze outcome data for any program authorized by the HEA: Provided,
                That no funds made available in this Act for the "Student Aid Administration" account shall be subject to the reservation
                under this section: Provided further, That any funds reserved under this section shall be available through September 30,
                2021: Provided further, That if, under any other provision of law, funds are authorized to be reserved or used for evaluation
                activities with respect to a program or project, the Secretary may also reserve funds for such program or project for the
                purposes described in this section so long as the total reservation of funds for such program or project does not exceed any
                statutory limits on such reservations: Provided further, That not later than 10 days prior to the initial obligation of funds
                reserved under this section, the Secretary shall submit to the Committees on Appropriations of the Senate and the House of
                Representatives, the Committee on Health, Education, Labor and Pensions of the Senate, and the Committee on Education and
                Labor of the House of Representatives a plan that identifies the source and amount of funds reserved under this section, the
                impact on program grantees if funds are withheld for the purposes of this section, and the activities to be carried out with
                such funds.  (Department of Education Appropriations Act, 2019.)