Archived: Student Financial Assistance Policy

A r c h i v e d I n f o r m a t i o n

Student Financial Assistance Programs - 2004

CFDA Numbers:

84.007 - Federal Supplemental Educational Opportunity Grants
84.033 - Federal Work-Study Program
84.037 - Loan Cancellations
84.038 - Federal Perkins Loan Program_Federal Capital Contributions
84.063 - Federal Pell Grant Program
84.069 - Leveraging Educational Assistance Partnership
84.268 - Federal Direct Student Loans

Goal 8: Student Financial Assistance Programs Internal Goal

Objective 8.1 of 1: Student Financial Assistance Programs Internal Objective 8

Indicator 8.1.1 of 1: Reduce or Maintain FSA Business Process Unit Cost

Targets and Performance Data

Assessment of Progress

Sources and Data Quality

Unit Cost of Application Processing
Year	Actual Performance	Performance Targets
	$ Unit Cost	$ Unit Cost
2003		9,999

Unit Cost of Origination and Disbursement
Year	Actual Performance	Performance Targets
	$ Unit Cost	$ Unit Cost
2003		9,999

Unit Cost of Direct Loan Repayment
Year	Actual Performance	Performance Targets
	$ Unit Cost	$ Unit Cost
2003		9,999

Unit Cost of Direct Loan Consolidation
Year	Actual Performance	Performance Targets
	$ Unit Cost	$ Unit Cost
2003		9,999

Unit Cost of Default Collections
Year	Actual Performance	Performance Targets
	$ Unit Cost	$ Unit Cost
2003		9,999

Explanation: By the end of this fiscal year we will develop baseline unit cost measures for the business processes referenced. Since the baselines are unknown as of this writing (3/10/03), FSA can only commit to maintaining the 2003 baselines in FY 2004. However, once the baselines are known later this year, FSA will develop more precise 2004 targets.

Additional Source Information: FSA Activity-Based Cost Model will be used to collect data. The model is currently under construction with a target date of May, 2003.

Frequency: Annually.
Collection Period: 2003
Data Available: September 2003
Validated By: On-Site Monitoring By ED.

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