Department of Education

COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

Fiscal Year 2015 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

Appropriations Language

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

pursuant to section 121 of the Higher Education Act of 1965, $435,000.

1

(Department of 

Education Appropriations Act, 2014.)

NOTES

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, $435,000.

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 2013 2014 2015

Discretionary: ............................................................

Appropriation ...................................................... $459 $435 $435

Across-the-board reduction (P.L. 113-6) ............. -1 0 0

Total, discretionary appropriation .................. 458 435 435

Sequester (P.L. 112-25)...................................... -23 0 0

Total, adjusted discretionary appropriation.... 435 435 435

Mandatory..................................................................

Appropriation ...................................................... 0 47 0

Total, discretionary and mandatory

appropriation.......................................... 435 482 435
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

W-4

Authorizing Legislation

(dollars in thousands)

Activity

2014

Authorized

2014

Estimate

2015

Authorized

2015

Request

Federal administration (Federal Credit Reform Act of 1990, 

section 505(e) and Higher Education Act, section 212) Indefinite $435 Indefinite $435

Reestimate of existing loan subsidies (Federal Credit Reform 

Act of 1990, section 504 (f))

(Mandatory) Indefinite 47 Indefinite 0

Total definite authorization

Total discretionary appropriation 435 435

Total mandatory appropriation 47 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

2006 $573 $573 $573 $567

2007 486 N/A1 N/A1571

2008 481 481 481 473

2009 461 46124612461

2010 461 461 4613461

2011 461 461446134605

2012 478 46064606459

2013 459 45974597435

2014 435 N/A84353435

2015 435

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 the House-passed full-year continuing resolution.

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 House allowance is shown as N/A because there was no Subcommittee action.
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 2015 Authorization: Indefinite

Budget Authority: 

Authority 2014 2015 Change

Personnel costs $314 $312 -$2

Non-personnel costs 121 123 +2

Total 435 435 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)

2010..........................................................................................$461

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

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

2013............................................................................................435

2014............................................................................................435
COLLEGE HOUSING AND ACADEMIC FACILITIES LOANS PROGRAM ACCOUNT

Federal administration

V-7

FY 2015 BUDGET REQUEST

For fiscal year 2015, the Administration requests $435,000 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 2013 2014 2015

College Housing and Academic 

Facilities Loans (CHAFL):

CHAFL:Number of outstanding loans 36 34 33

CHAFL:Outstanding principal $38,061 $35,002 $31,975

College Housing Loans (CHL):

CHL:Number of outstanding loans 146 142 138

CHL:Outstanding principal $51,854 $51,580 $51,321

Higher Education Facilities Loans 

(HEFL):

HEFL:Number of outstanding loans 5 5 4

HEFL:Outstanding principal $6,478 $5,834 $5,226

Total number of outstanding loans 187 181 175

Total outstanding principal $96,393 $92,416 $88,552