Leveraging Educational Assistance and Partnership LEAP and Special

Leveraging Educational Assistance and Partnership (LEAP) and Special Leveraging Educational Assistance and Partnership (SLEAP) Programs LEAP and SLEAP Update Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware DC Florida Georgia Kansas Kentucky Louisiana Maine National Association of State Student Grant and Aid Programs (NASSGAP) Fall Conference Park City, Utah Montana October 23, 2007 Nebraska Nevada Maryland Tennessee Guam North Carolina New Jersey Texas Puerto Rico North Dakota New Mexico Utah Virgin Islands Ohio New York Vermont New Hampshire Massachusetts Michigan Minnesota Mississippi Oklahoma Virginia Oregon Idaho Washington Pennsylvania Illinois West Virginia Rhode Island Indiana Wisconsin South Carolina Iowa Wyoming South Dakota Hawaii Missouri

• Introduction • Program Info Operational Calendar Budget Figures Program Data • Performance Reporting • Q and A’s/Comments Federal Update Agenda

Oct/Nov 2007 Reports ED Reviews and Evaluates 06 -07 LEAP/SLEAP Performance Jan/Mar 2008 Deadline Dates Notice Published (Pending Appropriation) Apr/May 2008 2007 -2008 Reallotments (if any) to States May 2008 -2009 LEAP and SLEAP Applications are Due (Pending Appropriation) June 2008 States 2008 -2009 LEAP and SLEAP Grant Awards to (Pending Appropriation) Federal Update S/LEAP Operational Calendar

FY 2008 (President’s Budget Request) $0 FY 2007 $64. 9 Million* Past Years Allocations FY 2006 FY 2005 $64. 9 Million* $65. 6 Million* *For any fiscal year for which the amount appropriated under the LEAP Program exceeds $30, 000 the excess shall be available to carry out the SLEAP Program. Federal Update Budget Figures

Total = $6, 155, 178, 453 In State Grant Aid Total State Aid 2005 -2006 Program Performance Report Data

Total = $6, 155, 178, 453 In State Grant Aid Total Breakdown of State Aid 2005 -2006 Program Performance Report Data

$1, 245, 338, 838 Total Size of LEAP and SLEAP Programs 2005 -2006 Program Performance Report Data

Expenditures by Type of Institution 2005 -2006 Program Performance Report Data

Expenditures by Student Income Level 2005 -2006 Program Performance Report Data

Grant Recipients by Type of Institution 2005 -2006 Program Performance Report Data

Total Grant Recipient Population 2005 -2006 Program Performance Report Data

Grant Recipients by Income Level 2005 -2006 Program Performance Report Data

State Grant Aid Projections 2005 -2006 Program Performance Report Data

A State’s LEAP/SLEAP program must: 1) Be administered by single agency 2) Provide aid to eligible students 3) Ensure that aid to full-time students cannot exceed $5, 000 under LEAP 4) Ensure that students have substantial financial need as determined annually by State/approved by the Department 5) Not charge fees to students or parent’s 6) Allow all public and private nonprofit and vocational schools in the state to participate in its programs unless a) that participation is in violation of the State’s constitution b) that participation is in violation of a State law enacted before October 1, 1978 7) Ensure that if it makes awards to independent students or to students who are less –than-fulltime, a reasonable portion of the State’s allocation must be awarded to those students 8) Ensure that it will spend at least a dollar-for-dollar match to the Federal award received under LEAP 9) Ensure that the amount spent on student awards under LEAP during an award year represent an additional amount over and above what it spent on student awards during the award year two years prior to the State first receiving LEAP (then SSIG) funding 10) Ensure that the amount spent on student awards in total under its LEAP program during an award year is not less than the average it spent under its LEAP program in total during the three preceding award years or the average total per FTE for those years 11) Ensure, to the extent practicable, the proportion of the funds awarded to independent students under LEAP shall be the same proportion of funds awarded to the State program(s) of which LEAP is part 12) Provide annual reports must to the Department necessary ensure compliance What requirements be met that by are the State toprogram? Performance Reporting

Additionally, a State’s SLEAP program must: 13) Identify the activities it spent the funds on 14) Ensure that the State funds spent as matching during an award year are in excess of the total it spent on need-based aid in FY 1999 15) Ensure that State funds spent on all SLEAP authorized activities during an award were at least the amount of funds it assured the Department it would spend during that year—for any year in which the State requests SLEAP funding it assures the Department on its application that it will have spent the same level of expenditures in the previous award year as it did in two previous award years 16) Ensure that it spends at least two State dollars to every one Federal dollar it received under SLEAP Performance Reporting Additionally, what requirements must be met by the State program under SLEAP?

• Totals Cross-Check • Misreporting MOE Matches • Misreporting Student Recipients • Combining LEAP and SLEAP Expenditures Performance Reporting Common Mistakes and Errors in Reporting

Part I: General Aid Information Report all state expenditures spent on State aid. State appropriated expenditures for needbased aid. Expenditures for other need-based aid Report all other non need-based aid. Performance Reporting Part I, Front Page of Report

LEAP Base Year Requirement Check: The total of (a) + (b) + (c) must equal or be greater than (=>) your State’s Federal allotment plus (+) your State’s LEAP Base year amount. SLEAP Base Year Requirement Check: The total of (a) + (b) minus your state’s SLEAP Base (1999 -2000 Total Need Based Aid) leaves “new money”. Does this balance equal or exceed your state’s match under SLEAP as reported Sections B - D? Example: State’s LEAP Base (1979 Level) is: $2, 000 State’s SLEAP Base (1999 Level) is: $5, 500, 000 State Received LEAP Award: $ 546, 833 State Received SLEAP Award: $ $10, 250, 000 is greater than $546, 833 plus 674, 427 $2, 000 $3, 750, 000 exceeds my State’s SLEAP Match of $1, 348, 854 Performance Reporting Part I: Why Must I Report all AID Expenditures in my State?

LEAP expenditures are reported under LEAP sections and SLEAP expenditures are reported under SLEAP sec In most cases, the total Federal dollars should equal your State's allotment received for the award year for which your reporting. In all cases, the total cannot be greater than your State's allotment for the award year. Grid Totals MUST equal across categories within each LEAP and SLEAP section. Remember, you're reporting on the same pool of recipients by category. LEAP Match: Total State Expenditures (Dependent and Independent) MUST Equal = or Exceed > Your State's 3 -yearaveraged Maintenance-of-Effort (MOE) Level. Your state's MOE is determined by looking at the three previous year's State expenditures under LEAP and deriving an average expenditure level (these figures should match what was reported previously on your reports for such years). Example LEAP MOE: $6, 900, 000 Expenditures: $7, 850, 000 SLEAP Match: At a minimum, must show that your State matched 2 -to-1. That is $2 State dollars to every $1 Federal dollar awarded. Performance Reporting Parts II and III (S/LEAP Grids): How do I report my State’s data?

SLEAP MOE: This total includes all non-Federal funds that a state spent for any need-based activity or program that meets the definition of any of the SLEAP authorized activities for the award year for which its reporting. This may include any non-Federal funds that were used to match another Federal need-based program. Because this total is for the SLEAP MOE, be sure to include the non-Federal funds spent for those need-based activities that were not part of the SLEAP Program. * $1, 348, 854 * Performance Reporting Parts II and III (S/LEAP Grids): How do I report my State’s data?

• Report recipients only once under each program. • Report recipients by latest status only, however, report the State and Federal dollars as they were actually spent for that recipient. • It is possible that a recipient may have received LEAP dollars and additional SLEAP dollars. In this case report that recipient under each program as directed above. LEAP Recipient SLEAP Recipient LEAP and SLEAP Recipient Performance Reporting Parts II and III (S/LEAP Grids): How do I report my State’s data?

LEAP and SLEAP Programs Contact Greg Gerrans greg. gerrans@ed. gov Direct/VM: 202 -377 -3304 Cell Phone: 202 -369 -9560 Fax: 269 -857 -5198 Please visit our Financial Partners portal at: www. fp. ed. gov and click the LEAP/SLEAP link