Department of Education

COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

Fiscal Year 2014 Budget Request

CONTENTS

Page

Appropriations Language ..................................................................................................... V-1

Analysis of Language Provisions and Changes.................................................................... V-2

Amounts Available for Obligation ......................................................................................... V-3

Authorizing Legislation......................................................................................................... V-4

Appropriations History.......................................................................................................... V-5

Activity:

Federal administration .................................................................................................. V-6
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM

V-1

Appropriation s L angu age

For Federal administrative expenses to carry out activities related to existing facility loans 

pursuant to section 121 of the Higher Education Act of 1965, $459,000.

1

NOTES

A full-year 2013 appropriation for this account was not enacted at the time the budget was prepared; therefore, 

this account is operating under a continuing resolution (P.L. 112-175).

Each language provision that is followed by a footnote reference is explained in the Analysis of Language 

Provisions and Changes document which follows the appropriation language.
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

V-2

Analysis of Language Provisions and Changes

Language Provision Explanation

1 For Federal administrative expenses to 

carry out activities related to existing facility 

loans pursuant to section 121 of the Higher 

Education Act of 1965, $459,000.

In accordance with the Federal Credit 

Reform Act of 1990, this language 

appropriates funds to service existing 

facilities loans obligations. Section 121 of the 

Higher Education Act extends the legal 

requirements of the program authorities, 

which have expired.
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

V-3

Amounts Available for Obligation

(dollars in thousands)

Appropriation and Adjustments 2012 2013 2014

Discretionary appropriation:.........................................

Appropriation ...................................................... $460 $459 $459

Across-the-board reduction (P.L. 112-74) ........... -1 0 0

Across-the-board increase (P.L. 112-175)........... 0 +3 0

Subtotal, discretionary appropriation................... 459 462 459

Mandatory appropriation ............................................. 167 0 0

Subtotal, discretionary and mandatory appropriation... 626 462 459

Total, direct obligations ....................................... 626 462 459
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

W-4

Authorizing Legislation

(dollars in thousands)

Activity

2013

Authorized

2013

Estimate

2014

Authorized

2014

Request

Federal administration (Federal Credit Reform Act of 1990, 

section 505(e) and Higher Education Act, section 212) Indefinite $459 Indefinite $459

Reestimate of existing loan subsidies (Federal Credit Reform 

Act of 1990, section 504 (f))

(Mandatory) Indefinite 167 Indefinite 0

Total definite authorization

Total discretionary appropriation 459 459

Total appropriation including 0.612 percent ATB increase 462 459

Total mandatory appropriation 167 0

V-4
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

V-5

Appropriations History

(dollars in thousands)

Year

Budget 

Estimate to 

Congress

House 

Allowance

Senate 

Allowance Appropriation

2003 $787 $762 $762 $757

2004 774 774 774 769

2005 578 578 578 573

2006 573 573 573 567

2007 486 N/A1 N/A1 571

2008 481 481 481 473

2009 461 4612 4612 461

2010 461 461 4613 461

2011 461 4614 4613 4605

2012 478 4606 4606 459

2013 459 4597 4597 4598

2014 459

1 This account operated under a full-year continuing resolution (P.L. 110-5). House and Senate allowance amounts 

are shown as N/A (Not Available) because neither body passed a separate appropriations bill. 2 The levels for the House and Senate reflect action on the regular annual 2009 appropriations bill, which 

proceeded in the 110th Congress only through the House Subcommittee and the Senate Committee. 3 The level for the Senate allowance reflects Committee action only.

4 The level for the House allowance reflects Committee action only. 5 The level for appropriation reflects the Department of Defense and Full-Year Continuing Appropriations Act 2011 

(P.L. 112-10). 6 The level for the House allowance reflects an introduced bill; the level for the Senate allowance reflects Senate 

Committee action only. 7 The level for the House and Senate allowances reflect action on the regular annual 2013 appropriations bill, which 

proceeded in the 112th Congress only through the House Subcommittee and the Senate Committee. 8 The amount shown includes the 0.612 percent across-the-board increase provided by P.L. 112-175, in effect 

through March 27, 2013.
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

V-6

Activit y

Federal administration

(Federal Credit Reform Act of 1990, section 505(e) and Higher Education Act, section 121)

(dollars in thousands)

FY 2014 Authorization: Indefinite

Budget Authority: 

Authority 2013 2014 Change

Personnel costs $332 $348 +$16

New loan subsidy costs 127 111 -16

Total 459 459 0

Full-time equivalent 3 3 0

PROGRAM DESCRIPTION

Funds for this activity pay the Federal costs of administering the College Housing and Academic 

Facilities Loans (CHAFL), College Housing Loans (CHL), and Higher Education Facilities Loans 

(HEFL) programs. Prior to fiscal year 1994, these programs provided financing for the 

construction, reconstruction, and renovation of housing, academic, and other educational 

facilities. Although no new loans have been awarded since fiscal year 1993, costs for 

administering the outstanding loans will continue through fiscal year 2030.

The major administrative costs for these programs are the personnel compensation and benefits 

for full-time equivalent employees (FTE). The FTE funded through this account are responsible 

for the day-to-day administration of the CHAFL, CHL, and HEFL programs. The non-personnel 

costs include administrative overhead, and loan servicing. In accordance with Federal Credit 

Reform requirements, loan servicing costs for CHL and HEFL are paid from their respective 

collections.

Funding levels for the past 5 fiscal years were:

(dollars in thousands)

2009..........................................................................................$461

2010............................................................................................461

2011............................................................................................460

2012............................................................................................459

2013............................................................................................459
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

Federal administration

V-7

FY 2014 BUDGET REQUEST

For fiscal year 2014, the Administration requests $459,000 for Federal administration of the 

facilities loans programs. Between 1950 and 1993, the College Housing Loans, Higher 

Education Facilities Loans, and College Housing and Academic Facilities Loans programs 

helped to ensure that postsecondary institutions were able to make the capital improvements 

they needed to maintain and increase their ability to provide a high-quality education. Since 

1994, no new loans have been made, and the Department’s role has been to manage the 

outstanding loans.

For presentation purposes, the full-time equivalent employees (FTE) and administrative costs 

associated with this account are also included under the justification materials in the Salaries 

and Expenses Overview.

PROGRAM OUTPUT MEASURES (dollars in thousands)

Measures 2012 2013 2014

College Housing and Academic 

Facilities Loans (CHAFL):

CHAFL:Number of outstanding loans 40 40 39

CHAFL:Outstanding principal $47,126 $39,358 $35,809

College Housing Loans (CHL):

CHL:Number of outstanding loans 164 142 131

CHL:Outstanding principal $72,519 $56,342 $47,091

Higher Education Facilities Loans

(HEFL):

HEFL:Number of outstanding loans 8 3 3

HEFL:Outstanding principal $8,717 $6,478 $5,834

Total number of outstanding loans 212 185 173

Total outstanding principal $147,435 $126,743 $106,051