Special Leveraging Educational Assistance Partnership (SLEAP) Program

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Funding Status

Appropriations

Fiscal Year 2008 : $33,852,000
Fiscal Year 2007 : $34,987,000
Fiscal Year 2006 : $34,987,000
Fiscal Year 2005 : $35,643,000

Note: Pursuant to the Higher Education Act (HEA), Sec. 415A(b)(2), when the appropriation for the LEAP Program exceeds $30 million, the excess shall be available to carry out the SLEAP Program, authorized under HEA, Sec. 415E. States must, at a minimum, match SLEAP grants two-for-one with state funds. The appropriations amounts shown are the excess available for SLEAP in each award year. See the LEAP Program, as indicated in Who May Apply (specifically) above.


Awards Information

2008

Amount of Aid Available: $102,000,000
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: 102,000
Average New Award: $1,000

2007

Amount of Aid Available: $104,960,000
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: 104,960
Average New Award: $1,000

Note: The Department is not bound by any estimates in this notice.


 
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Last Modified: 09/10/2008