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Appropriations
Fiscal Year 2007 $5,860,262
Fiscal Year 2006 $17,273,789
Fiscal Year 2005 $11,129,929,000
Note: The appropriation amounts listed provide the federal subsidy costs associated
with new FFEL program loans for each fiscal year; however, typically it is the
volume of loans made that is more relevant to those seeking student aid. FFEL
loan volume (aid available) in FY 2006 was $119.3 billion and in FY 2007 is estimated
to be $79.3 billion.
Awards Information
Note: The Department is not bound by any estimates in this notice.
Amount of Aid Available: $79,255,000,000
Amount of Aid Available represents the amount of funds awarded to participants
in the Federal Student Aid programs. Depending upon the program, this total may
include federal appropriated dollars, institutional or state matching dollars,
and federal or private loan capital.
Number of New Awards Anticipated:
Loans Anticipated | ||||
| Stafford | $21,410,000,000 | 5,913,000 | $3,621 | Up to $8,500 |
| Unsubsidized Stafford | $21,785,000,000 | 4,786,000 | $4,552 | Up to $18,500 |
| PLUS | $9,208,000,000 | 797,000 | $11,557 | Cost of attendance less other aid. |
| Consolidation | $26,853,000,000 | 992,000 | $27,075 | n/a |
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