Robert L. MoranDirector of Federal Relations
American Association of State Colleges and Universities
Overall Education fundingTitle I programs $14.5
billion
Education Improvement grants $1.2 billion
IDEA $11.6 billion
Higher Education $3.2 billion
Pell Grants $22.8 billion
Breakdown of Higher Education Funding
Pell Grant Program $22.8 billion
Title III Programs $431 million
Title V Programs $109 million
TRIO $840 million
GEARUP $302 million
Race to the Top $1 billion
First in the World $55.5 million
Pell Grant ProgramPresident continues to support Pell Grants
Maintaining level funding
Directs savings from 3 proposals to future program needs Perkins Loan Program $8.6 billion Restructure GA payments $3.2 billion Restrict subsidized loans to students under 150% of time $1.8 billion
Technology in BudgetEffective Teachers and Leaders State Grants (New)
Budget request: $2.5 billion“The initiative also would support State and local efforts
to use technology and interdisciplinary approaches…”
“…funds would be used to strengthen the use of technology across the core academic content areas…”
Investing in Innovation (I3) grantsBudget request: $150 million“…pursue breakthrough developments in educational
technologies and learning systems,…”
Numerous references to STEM education
Higher education proposalsTuition Sensitivity: revamp the formulas for
campus based programs.
Race to the Top: College Affordability and Completion Fund
First in the World Grants
Tax proposals
Tuition SensitivityCampus based programs
Supplementle Education Opportunity Grants (SEOG)
Federal Work Study Program
Perkins Loan Program
Tuition SensitivityRevamped formulas would focus on
rewarding institutions that:
Have or keep tuition levels low;
Provide good value; and
Enroll and graduate low-income students.
Race to the Top:College Affordability and Completion Fund
$1 billion fund to award grants to states that:
Significantly restructure state formulas for support payments to institutions of higher education to strengthen and improve productivity;
Improve alignment between K-12 and higher education; and
Commit to maintaining or increasing state funding for higher education.
First in the WorldFund for the Improvement of Postsecondary
Education (FIPSE)Request: $55.5 million
“…to support exemplary, locally developed projects that are models for innovative reform and improvement in postsecondary education. The 2013 request would provide $55.5 million for the First in the World (FITW) initiative, which would apply the lessons of the successful K-12 Investing in Innovation (i3) program to the challenge of improving college completion, particularly for minority and low-income students. First in the World would provide “venture capital” to encourage innovative approaches to improving college completion, research support to build the evidence of effectiveness needed to identify successful strategies, and resources to scale up and disseminate strategies we already know are successful. Up to $20 million of FITW funds would be dedicated to projects involving minority-serving institutions…”
Higher Education Tax Provisions
American Opportunity Tax CreditBudget proposes to permanently extend
Loan forgiveness for borrowers after 25 years in repaymentIncome Based Repayment/Income Contingent
Repayment