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San Francisco, California October 10, 2005

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Presentation on theme: "San Francisco, California October 10, 2005"— Presentation transcript:

1 San Francisco, California October 10, 2005
Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York LEAP And SLEAP Update North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota National Association of State Student Grant and Aid Programs (NASSGAP) Fall Conference Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri San Francisco, California October 10, 2005 Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

2 Agenda Introduction Program Info Q and A’s/Comments
Operational Calendar Budget Figures Program Data Q and A’s/Comments

3 LEAP and SLEAP Operational Calendar
October Due Date for LEAP/SLEAP Performance Reports Currently awaiting OMB’s approval of the performance report Await word before submitting annual performance report to the Department. Look to hear from our office mid to end of October once we’ve gotten word that the form has been approved by OMB Nov/Dec ED Reviews and Evaluates LEAP/SLEAP Performance Reports March Deadline Dates Notice Published April-May Reallotments (if any) to States May LEAP and SLEAP Applications are Due (Pending Appropriation) June LEAP and SLEAP Awards to States (Pending Appropriation)

4 Budget Figures FY 2006 (President’s Budget Request) $ 0
FY $65.6 Million* Past Years Allocations FY $66.1 Million* FY $65.5 Million* *For any fiscal year for which the amount appropriated under the LEAP Program exceeds $30,000,000 the excess shall be available to carry out the SLEAP Program.

5 LEAP and SLEAP Program Data 2003-2004 Award Year
Total State Aid Total = $5,661,683,684 In State Grant Aid

6 LEAP and SLEAP Program Data 2003-2004 Award Year
Total State Aid-LEAP and SLEAP Total = $5,661,683,684 In State Grant Aid

7 LEAP and SLEAP Program Data 2003-2004 Award Year
Size of the LEAP and SLEAP Programs $896,050,250 Total Size Note: $1,220,207,725 Total Size of Programs in the previous year

8 LEAP and SLEAP Program Data 2003-2004 Award Year
Expenditures by Type of Institution

9 LEAP and SLEAP Program Data 2003-2004 Award Year
Expenditures By Student Income Level

10 LEAP and SLEAP Program Data 2003-2004 Award Year
Grant Recipients by Type of Institution

11 LEAP and SLEAP Program Data 2003-2004 Award Year
Grant Recipient Population

12 LEAP and SLEAP Program Data 2003-2004 Award Year
Grant Recipients by Income Level 100,401 482,856 248,090

13 LEAP and SLEAP Program Data 2003-2004 Award Year
Total LEAP Federal Expenditures = $ ,227,988 Total LEAP State Matching Expenditures = $ 703,871,979 Total State MOE Requirement = $ 530,807,854 Total Amount States Overmatch = $ 173,064,125 (Above MOE Requirement) Total Number of LEAP Student Recipients = ,750 Student Recipient Average Award = $ ,245 Total SLEAP Federal Expenditures = $ ,337,889 Total SLEAP State Matching Expenditures = $ 128,612,393 Total Number of SLEAP Student Recipients = ,597 Student Recipient Average Award = $

14 LEAP and SLEAP Program Data 2003-2004 Award Year
Program Projections

15 LEAP and SLEAP Programs Contact
Greg Gerrans Direct/VM: Cell Phone: Fax: Questions, comments, feedback please us at: Please visit our Financial Partners portal at:


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