# Presentation: 756257

## LEAP And SLEAP Update

**LEAP And SLEAP Update**

- National Association of State Student Grant and Aid Programs (NASSGAP) Spring Conference

- Washington, DC  June 8, 2005

## Agenda

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

## LEAP and  SLEAP Operational Calendar

- June 2005		2005-2006 Awards to States
- 			 *To date:**	**43 of 56 possible applied for Funding*
- October 2005		Due Date for 2004-2005 LEAP/SLEAP 				Performance Reports
- Nov/Dec 2005		ED Reviews and Evaluates LEAP/SLEAP 				Performance Reports
- March 2006		Deadline Dates Notice Published
- April-May 2006		2005-2006 Reallotments (if any) to States
- May 2006		2006-2007 LEAP and SLEAP 					Applications are Due *(Pending Appropriation)*
- June 2006		2006-2007 LEAP and SLEAP Awards to 				States *(Pending Appropriation)*

## Budget Figures

**FY 2006**
**(President’s Budget Request)****	****$ 0**
- FY 2005				$65.6 Million*
- 	 Past Years Allocations
- FY 2004				 $66.1 Million*
- FY 2003				 $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.*

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Total = $5,661,683,684 In State Grant Aid

- Total State Aid

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Total = $5,661,683,684 In State Grant Aid

- Total State Aid-LEAP and SLEAP

## 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

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Expenditures by Type of Institution

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Expenditures By Student Income Level

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Grant Recipients by Type of Institution

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Grant Recipient Population

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Grant Recipients by Income Level

**482,856**

**100,401**

**248,090**

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Total LEAP Federal Expenditures				= $     29,227,988
- 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			=            588,750
- Student Recipient Average Award				= $             1,245
- Total SLEAP Federal Expenditures				= $     34,337,889
- Total SLEAP State Matching Expenditures			= $   128,612,393
- Total Number of SLEAP Student Recipients			=             242,597 Student Recipient Average Award				= $                 483

## LEAP  and SLEAP Program Data 2003-2004 Award Year

- Program Projections

## LEAP and SLEAP Programs Contact

- Please visit our Financial Partners portal at:
- www.fp.ed.gov

**Greg Gerrans  greg.gerrans@ed.gov**
**Direct/VM:  202-377-3304**
**Fax:  202-275-0913**
**Main Office:  202-377-2153**

**Partners@ed.gov**

**Questions, comments, feedback please e-mail us at:**