Leveraging Educational Assistance Partnership (84.069)
Program
84.069 Leveraging Educational Assistance Partnership
Federal Agency
FEDERAL STUDENT AID, DEPARTMENT OF EDUCATION
Authorization
Higher Education Act of 1965, Title IV, Part A, Subpart 4, as amended, 20 U.S.C. 1070c-1070c-4.
Program Number
84.069
Last Known Status
Active
Objectives
To provide grants to the States for use in programs of financial assistance to eligible postsecondary students.
Types of Assistance
Formula Grants.
Uses and Use Restrictions
To make grants of up to $5,000 for full-time (reduced for less than full-time) attendance to students with substantial financial need who are enrolled at postsecondary institutions.
Eligibility Requirements
Applicant Eligibility
The agency responsible for administering each State's need-based scholarship/grant program. U.S. Territories are also eligible to apply.
Beneficiary Eligibility
Postsecondary education students with substantial financial need will benefit.
Credentials/Documentation
A State application reviewed and approved annually by the Secretary of Education qualifies the State for student award funds. States pay administrative costs. This program is excluded from coverage under OMB Circular No. A-87.
Application and Award Process
Preapplication Coordination
For technical assistance for States regarding the State application, refer to ED Form 1288. This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under E.O. 12372.
Application Procedure
The designated State student scholarship or grant assistance agency in each State annually applies for State allotments/reallotments of funds; refer to ED Form 1288. Eligible students annually apply to their State of residence for a grant under this program, if the State has received an allotment. Student applicants must follow the application procedures as directed by each State and must demonstrate substantial financial need to receive a grant. This program is excluded from coverage under OMB Circular No. A-110.
Award Procedure
The Federal Student Aid office awards grants to State student scholarship or grant assistance agencies for making grants or providing work-study financial assistance to students.
Deadlines
Application forms are mailed annually to eligible State agencies at least a month before the closing date which is published annually in the Federal Register. Students must submit an application according to deadlines established by the participating States.
Range of Approval/Disapproval Time
Appeals
Appeals of final disapprovals can be made to the Secretary and may be subject to judicial review.
Renewals
New State applications are required annually.
Assistance Considerations
Formula and Matching Requirements
Each State receives an allotment and possibly a reallotment of funds based upon the number of students it deems eligible to participate in the program relative to the total number of such students in all States; no State receives less than its fiscal year 1979 allotment (Section 415B(a)(1), HEA). Maintenance of effort (MOE) requirements provide that annual State-appropriated expenditures in the program must not be less than the average for the previous three fiscal years (Section 415C(b)(8), HEA). States match Federal funds on at least their MOE level, but not less than a one-to-one basis, out of resources appropriated by the State which represent additional State grant expenditures over an established base year, defined as the second year before the State entered the LEAP Program (Section 415C(b)(6), HEA).
Length and Time Phasing of Assistance
Funds are awarded for use by participating States for one award year at a time following the year of application.
Post Assistance Requirements
Reports
Annual fiscal performance report (ED Form 1288-1) and other reports as required by the Secretary.
Audits
Records are examined by State or Federal auditors.
Records
States must maintain records sufficient to identify student grants awarded in compliance with the program statute and requirements concerning the expenditure of Federal funds and matching State appropriated funds. Records must be retained for three years or until completion of Department audit, whichever is later.
Program Accomplishments
In fiscal year 2002, approximately 171,000 students received grants to attend public, private, and proprietary schools.
Financial Information
Account Identification
91-0200-0-1-502.
Obligations
(Grants) FY 02 $67,000,000; FY 03 est $67,000,000; and FY 04 est $0.
Range and Average of Financial Assistance
Maximum grant is $5,000; average grant is $1,000.
Regulations, Guidelines and Literature
34 CFR 692 (Program Regulations) reissued July 14, 1981, amended December 1, 1986, November 27, 1987, and January 28, 1994. Directory of State Agency Official Contacts (current).
Related Programs
84.007, Federal Supplemental Educational Opportunity Grants; 84.032, Federal Family Education Loans; 84.033, Federal Work-Study Program; 84.038, Federal Perkins Loan Program_Federal Capital Contributions; 84.063, Federal Pell Grant Program.
Information Contacts
Regional or Local Office
Program description and a List of State student scholarship or assistance agencies available in the Education Department regional offices. Program is administered from the Department's headquarters.
Headquarters Office
Office of Postsecondary Education, Department of Education, 400 Maryland Ave., SW., Washington, DC 20202-5447. Telephone: (800) 433-3243.
Web Site Address
Examples of Funded Projects
Not applicable.
Criteria for Selecting Proposals
Not applicable.
