Federal Budget & Appropriations
The Federal Budget and Appropriations Process represents the opportunity for NASFAA to advocate on behalf of student financial aid administrators for healthy funding for the federal student aid programs. This page includes a map of the federal budget and appropriations process and links to the most recent updates from NASFAA's Policy & Federal Relations staff at the bottom of the page.
Hover your mouse over each step of the budget process diagrammed below in the graphic for a description and link to more information if available.
Federal Budget & Appropriations News:
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Senate Appropriations Committee Advances FY 2025 Budget Proposal Increasing Funding for Pell Grants, Federal Student Aid Administration
August 2, 2024 - The Senate Appropriations Committee on Thursday advanced its education budget proposal for fiscal year (FY) 2025, which would boost funding for the federal Pell Grant program and student aid administration. -
House Appropriations Committee Advances FY 2025 Budget Proposal Slashing Funding for FSA Administration, Campus-Based Aid Programs
July 11, 2024 - The House Appropriations Committee, in a marathon mark-up session on Wednesday, advanced Republicans’ fiscal year 2025 bill for the Labor, Health and Human Services, Education, and Related Agencies, which would bring significant cuts to program... -
House Republicans’ 2025 Budget Proposal Slashes Funding For FSA Administration, Campus-Based Aid Programs
June 26, 2024 - House Republicans on Wednesday released their education funding proposal for fiscal year 2025, cutting funding for the Federal Work-Study (FWS) and Federal Supplemental Educational Opportunity Grant (FSEOG) programs in half, and slashing funding for ... -
Foxx on Cardona’s Tenure: ‘On All the Broad Strokes, You Have a Failing Grade’
May 8, 2024 - Congress continued to carry out its oversight of the Department of Education’s (ED) handling of the 2024-25 FAFSA on Tuesday, as the House Committee on Education and the Workforce conducted a wide-ranging hearing on President Joe Biden’s ... -
Cardona Faces Pointed Questions on FAFSA Rollout During House Hearing on ED’s FY 25 Budget Proposal
April 11, 2024 - As House lawmakers begin to sort through President Joe Biden’s fiscal year 2025 budget proposal, members used a hearing on Wednesday with Education Secretary Miguel Cardona to demand answers on the “disastrous” rollout of the 2024-2... -
Biden Signs FY 2024 Budget Into Law With Retention of Pell Grant Funding
March 25, 2024 - President Joe Biden formally signed the year-end omnibus package into law, staving off a government shutdown and completing the budget cycle for fiscal year 2024. The law allocates $79.1 billion to the Department of Education (ED) and its programs, a... -
Congress Releases Sprawling Fiscal Year 2024 Spending Package With Retention of Maximum Pell Grant and Minor Cuts to ED
March 22, 2024 - Congressional appropriators, early Thursday morning, released text for their final $1.23 trillion spending package for fiscal year 2024, mostly containing cuts and flat funding to programs housed within the Department of Education (ED). -
Biden’s 2025 Budget Proposal Would Boost Pell, Eliminate Student Loan Origination Fees
March 12, 2024 - President Joe Biden on Monday released his budget request for fiscal year 2025, which would eliminate origination fees on federal student loans and increase the maximum federal Pell Grant award by $750 through the annual appropriations process, in ad... -
Biden Signs Another Short-Term Spending Extension to Avert a Government Shutdown
January 22, 2024 - Federal lawmakers have a few more weeks to come to a compromise on the annual budget, as President Joe Biden signed off on another stop-gap spending plan that congressional leaders quickly pushed through both chambers to avert an impending partial go... -
Biden Signs Short-Term Spending Plan to Avert Government Shutdown
November 17, 2023 - President Joe Biden signed another continuing resolution into law for fiscal year 2024, averting a government shutdown that was slated to go into effect on November 17. Congressional appropriators now have a few more weeks to wrap up negotiations on ... -
Biden Signs Short-Term Spending Bill for Fiscal Year 2024
October 2, 2023 - Over the weekend, President Joe Biden signed a continuing resolution that will keep the government funded through November 17, offering Congress additional time to work through spending levels for fiscal year 2024. Congressional negotiators still nee... -
Congress Faces Spending Impasse as Short-Term Fixes Face Obstacles in Both Chambers
September 27, 2023 - The annual appropriations cycle hit a significant snag last week that could prompt a government shutdown at the end of the month, as congressional leaders continue to grapple with how to craft a short-term spending deal that can clear both chambers w... -
Update: Senate Appropriators Detail 2024 Spending Bill
July 31, 2023 - The Senate Appropriations committee released the official text of its spending plan, which provides more details as to how the chamber’s bipartisan legislation seeks to allocate funding for the Department of Education’s (ED) programs for ... -
Senate 2024 Spending Plan Would Boost Maximum Pell Grant
July 28, 2023 - The Senate Appropriations committee on Thursday unveiled its annual spending plan, which contains $79.6 billion in discretionary funding for the Department of Education (ED), and subsequently advanced the proposal out of the full committee by a vote ... -
House Republicans’ 2024 Budget Proposal Looks to Slash Education Spending
July 17, 2023 - The House Labor, Health and Human Services, Education, and Related Agencies (Labor-H) Appropriations Subcommittee on Thursday forwarded its fiscal year 2024 spending plan to the full appropriations committee. The bill contains an overall request of $... -
President Biden Signs Debt Ceiling Legislation Into Law: Prevents Default and Codifies Impending End of the Student Loan Payment Pause
June 5, 2023 - Over the weekend uncertainty surrounding the looming debt ceiling limit was averted with the bipartisan effort to prevent default making its way to the White House. The Senate cleared the House’s bipartisan legislation by a vote of 63-36 o... -
House Passes Bipartisan Debt Ceiling Deal That Would End Student Loan Payment Pause
June 1, 2023 - The House on Wednesday evening passed a bipartisan deal to raise the debt ceiling and address future spending levels, all but staving off the potential consequences of a default on the national debt. The package also contains a provision that would c... -
Bipartisan Debt Ceiling Deal Contains Provision to Restart Student Loan Repayments
May 30, 2023 - President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) over the weekend agreed to a proposal that would raise the debt ceiling and address future spending levels. The bill text also contains a provision that would codify the Biden administra... -
House Hearing Focuses on ED’s FY 24 Budget Proposal and Committee Oversight Efforts
May 17, 2023 - Education Secretary Miguel Cardona spent Tuesday offering hours of testimony to the House Committee on Education and the Workforce to justify the Department of Education's (ED) budget request for fiscal year 2024 and responded to questions that delve... -
Cardona Takes Aim at House GOP Debt Limit Proposal
April 26, 2023 - As House Republicans move this week to shore up votes on their debt limit legislation, Education Secretary Miguel Cardona is urging lawmakers to abandon the proposal, arguing that the budget cuts could impose a potentially “grim reality” ... -
House Passes GOP Debt Limit Plan
April 26, 2023 - House Republicans on Wednesday passed their debt limit legislation in a party-line vote of 217-215. The bill underwent some last minute changes on Wednesday in order to shore up support among conservative members, but retained its higher education pr... -
House Republicans Unveil Debt Limit Legislation Targeting Biden’s Student Loan Policies
April 20, 2023 - House Speaker Kevin McCarthy (R-Calif.) on Wednesday formally unveiled the GOP’s highly anticipated proposal to address the debt limit, seeking to push President Joe Biden and congressional Democrats into negotiations over future spending level... -
Debt Limit Talks Take Center Stage as House Appropriators Question Cardona on ED’s 2024 Budget Properties
April 19, 2023 - Speaking before members of the House Appropriations Labor, Health and Human Services, Education, and Related Agencies (Labor-H) Subcommittee on Tuesday, Education Secretary Miguel Cardona urged lawmakers to support the Department of Education’s... -
Biden’s 2024 Budget Proposal Doubles Down on Funding for Pell Grants, Free Community College, and Federal Student Aid Administration
March 9, 2023 - President Joe Biden on Thursday released his first budget request for fiscal year 2024, which would boost funding for the Department of Education (ED) by 13.6%, and includes plans to increase the maximum Pell Grant award by $820, provide more funding... -
Biden Signs FY 2023 Budget Into Law With Increases to Pell Grants and Student Aid
December 30, 2022 - President Joe Biden formally signed the year-end omnibus package into law, staving off a government shutdown and completing the budget cycle for fiscal year 2023. The law, signed on December 29, allocates $79.6 billion to the Department of Education ... -
Congress Unveils Sprawling Fiscal Year 2023 Spending Bill With $500 Maximum Pell Grant Boost
December 21, 2022 - Congressional appropriators early on Tuesday formally unveiled their $1.7 trillion package that would fund the government for the remainder of the fiscal year 2023 budget cycle. Lawmakers are expected to work throughout the week to pass the bill ahea... -
Congress Considers Weeklong Extension of Government Funding to Prep Year-End Omnibus
December 16, 2022 - Lawmakers on Capitol Hill are currently making their way through what appears to be a final short-term extension for government funding as negotiators seek to wrap up stalled spending levels for fiscal year 2023 by as soon as next week. The latest sp... -
Biden Signs Short-Term Spending Bill for Fiscal Year 2023
October 3, 2022 - Over the weekend, President Joe Biden signed a continuing resolution that will keep the government funded through December 16, offering Congress additional time to work through spending levels for fiscal year 2023 following the midterm elections. Con... -
Senate Preps Short-Term Spending Bill to Avert Impending Government Shutdown
September 29, 2022 - This week the Senate unveiled a continuing resolution that will keep the government funded through December 16 and offer Congress additional time to work through spending levels for fiscal year 2023 following the midterm elections. The spending bill ... -
Senate Releases Text for Fiscal Year 2023 Spending Bill
July 29, 2022 - The Senate Appropriations committee on Thursday formally unveiled the draft text of its annual spending plan that contains $87.3 billion in base discretionary funding for the Department of Education (ED). The Senate’s proposal marks an increase... -
House Appropriations Committee Advances Education Spending Bill
July 1, 2022 - The House Appropriations Committee advanced, by a 32-24 vote along party lines, the fiscal year (FY) 2023 Labor, Health and Human Services, Education, and Related Agencies (Labor-H) spending bill, which contains an overall request of $86.7 billion in... -
House 2023 Budget Proposal Would Boost Education Spending, Add $500 to Max Pell Grant
June 24, 2022 - The House Labor, Health and Human Services, Education, and Related Agencies (Labor-H) Appropriations Subcommittee on Thursday forwarded its fiscal year 2023 spending plan to the full appropriations committee. The bill contains an overall request of $... -
Cardona Talks Loan Cancellation, Data Sharing, 2023 Budget With Senate Appropriators
June 8, 2022 - Education Secretary Miguel Cardona appeared before the Senate Appropriations Health, Education, Labor, and Pensions (HELP) subcommittee to discuss the Department of Education’s (ED) budget for fiscal year 2023, updates on the student loan portf... -
Cardona Denounces Desensitization to School Shootings While Updating Congress on ED’s Budget Priorities
May 27, 2022 - Following a week dominated by another school shooting, Education Secretary Miguel Cardona on Thursday met with the House Education and Labor Committee to update the panel on the department’s priorities — heavily focusing on the help that ... -
Cardona Details Biden’s 2023 Budget Proposal as House Appropriators Craft Annual Spending Plan
April 29, 2022 - Congressional leaders are back to sifting through their annual spending bills and on Thursday heard testimony from Education Secretary Miguel Cardona, who walked through the administration's higher education priorities for fiscal year 2023. -
Biden’s 2023 Budget Includes Plan to Double Pell by 2029
March 29, 2022 - It’s been less than two weeks since the White House officially enacted spending levels for fiscal year (FY) 2022, but with the appropriations process very out of whack with the annual calendar, the administration on Monday formally unveiled its... -
Biden Signs FY 2022 Budget Into Law, With Increases for Pell Grants and Student Aid Funding
March 16, 2022 - President Joe Biden on Tuesday signed Congress’ massive fiscal year 2022 spending bill into law, which contains $24.6 billion for federal student aid programs, and includes a $400 increase to the maximum Pell Grant award, bringing the total to ... -
Congress Introduces Massive Fiscal Year 2022 Spending Agreement With $35 Million Boost to Student Aid Programs, Pell Grant Increase
March 10, 2022 - Congressional appropriators, in the early hours of the morning on Wednesday, unveiled an omnibus spending package in an effort to settle negotiations for the current fiscal year’s budgeting cycle. The massive, $1.5 trillion package would alloca... -
FY 2022 Spending Bill Includes Clarifications, Improvements to FAFSA Simplification Act
March 10, 2022 - The omnibus spending package unveiled by congressional appropriators on Wednesday morning includes several changes to the FAFSA Simplification Act, which passed as part of last year’s appropriations bill in the Coronavirus Response and Relief S... -
Another Short-Term Spending Bill Enacted, as Congress Eyes an Omnibus in March
February 22, 2022 - Congressional negotiators are of the belief that an agreement over spending levels for the current fiscal year is not yet out of reach, prompting the enactment of another continuing resolution to keep the government funded through March 11. Fiscal ye... -
Spending Agreement Avoids Government Shutdown Through Mid-February
December 6, 2021 - Congressional leaders staved off an impending threat of a government shutdown by passing another short-term spending bill that will keep federal agencies operational through Feb. 18, 2022. The continuing resolution alleviates some year-end pressure f... -
Senate Unveils Text of Fiscal Year 2022 Labor-HHS-Education Spending Bill
October 19, 2021 - While the government is currently operating under a continuing resolution to avoid a shutdown through December 3, the Senate has released draft text of its annual spending plan that contains $98.4 billion in base discretionary funding for the Departm... -
New Fiscal Year Begins With Enactment of Short-Term Spending Fix
October 4, 2021 - Congress averted a government shutdown to kick off the start of the new fiscal year by clearing a continuing resolution that will keep the government funded through December 3. As legislators now approach the year-end crunch of activity there are a n... -
Congress Preps Narrow Short-Term Spending Plan
September 30, 2021 - With a flurry of legislative activity the annual appropriations process is slated to keep the government operational throughout the weeks ahead with a short-term spending plan. The continuing resolution has been tossed around in recent days as a pote... -
Policy Deep Dive: Build Better Act
September 14, 2021 - The House Committee on Education and Labor on Wednesday formally unveiled how it plans to allocate its pot of the $3.5 trillion budget resolution, with increased funding and expanded eligibility for the Pell Grant program, grants for tuition-free com... -
House Panel Spars Over Reconciliation Package’s Higher Ed Provisions
September 10, 2021 - In a lengthy markup the House Education and Labor Committee advanced their portion of the reconciliation package that would invest roughly $111 billion in funding for programs related to higher education. The 28-22 vote to move the package&rsquo... -
Senate Spending Work Kicks Off With House Recessed for the Summer
August 5, 2021 - All is not quiet on the northern front of the U.S. Capitol as Majority Leader Chuck Schumer (D-N.Y.) presses forward — working during a month typically reserved for congressional recess — to make headway on high profile spending bills tha... -
White House Urges Congress to Approve ED Spending Levels for Fiscal Year 2022
July 28, 2021 - The White House issued a statement on Monday in which the administration offered strong support for House appropriators’ efforts to bundle a spending package that would include a 41% increase above the fiscal year 2021 enacted level for Departm... -
House Appropriations Committee Advances Education Spending Bill
July 16, 2021 - The House Appropriations Committee advanced, by a 33-25 vote along party lines, fiscal year (FY) 2022 Labor, Health and Human Services, Education, and Related Agencies (Labor-H) spending bill, which contains an overall 41% increase above the FY 2021 ... -
ED Sees 41% Increase in Annual House Spending But Spending Levels and Policy Riders Could Stall Enactment
July 13, 2021 - The House Labor, Health and Human Services, Education, and Related Agencies (Labor-H) Appropriations Subcommittee on Monday forwarded their fiscal year 2022 spending plan to the full appropriations committee. The bill contains an overall 41% increase... -
Biden Touts Commitment to Double Pell and Free Community College
July 8, 2021 - President Joe Biden on Wednesday traveled to Illinois' McHenry County College where he further committed to his higher education agenda by recommitting his administration’s pledge to double the maximum Pell Grant award as well as providing stud... -
House Presses Cardona on ED’s Priorities
June 25, 2021 - Education Secretary Miguel Cardona continued advocating for Congress to speedily implement the Biden administration’s budget request with the House Education and Labor Committee seeking insight into a number of higher education investments.&nbs... -
Appropriators Receptive to Pell Grant Investments as Cardona Stresses Urgency in Higher Ed Funding
June 17, 2021 - In testimony to the Senate Appropriations Health, Education, Labor, and Pensions (HELP) subcommittee, Education Secretary Miguel Cardona covered a wide range of proposed higher education investments within President Joe Biden’s annual budget re... -
Biden's 2022 Budget Includes Historic Boost to ED, Expansion and Increase to Pell Grant
May 28, 2021 - President Joe Biden on Friday formally unveiled the remainder of his spending priorities for the fiscal year 2022 budget, impacting award year 2022-23. The now fully fleshed out proposal enables congressional appropriators to begin their work in earn... -
Cardona Touts Biden’s Budget Investments, Pledges to Protect Student Loan Borrowers
May 6, 2021 - As Congress embarks on the annual appropriations process, the House Appropriations Labor, Health and Human Services, Education, and Related Agencies (Labor-H) Subcommittee heard testimony from Education Secretary Miguel Cardona, which touched on a nu... -
Appropriations Hearing Highlights Role and Needs of Community Colleges
April 21, 2021 - The House Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies — or Labor-H for short — on Tuesday held a hearing highlighting the impact of community colleges and discussed how these institutio... -
What the White House’s Fiscal Year 2022 Delayed Budget Proposal Means for Higher Ed
April 9, 2021 - President Joe Biden quickly worked with Congress to pass an additional coronavirus relief proposal — the American Rescue Plan Act — but his delayed federal budget proposal could make it difficult to wrap up fiscal year 2022 spending negot... -
Major Changes to the FAFSA, Other Student Aid Provisions as Congress Narrows in on COVID Relief, Fiscal Year 2021 Spending
December 21, 2020 - Over the weekend, Congress made progress toward finalizing a large package of legislation that would fund the federal government for fiscal year 2021, provide additional financial relief amid the ongoing pandemic, and make significant changes to othe... -
Congress Mulls Another Funding Extension in Hopes of Finalizing Year-End Spending Package
December 18, 2020 - Congressional leaders are now pitching another short-term continuing resolution to allow negotiations over an overarching spending bill — with pandemic-related aid and additional last minute provisions pitched at the start of the lame duck sess... -
Measure to Extend Funding Deadline Enacted, Averting Shutdown
December 14, 2020 - The Senate on Friday afternoon passed a measure that extends the government funding deadline through December 18, as congressional leaders have been unable to come to an agreement on a year-end spending bill. The measure, passed Wednesday by the Hous... -
Congressional Leaders Aim to Extend Funding Deadline as Shutdown Looms
December 10, 2020 - Unable to reach an agreement over a massive appropriations bill and additional aid to address the ongoing pandemic, congressional leaders now plan to consider a short-term extension of the upcoming government funding deadline in an attempt to hash ou... -
DeLauro Elected to Lead House Appropriations Committee
December 4, 2020 - House Democrats have selected Rep. Rosa DeLauro (D-Conn.) to serve as chair of the House Appropriations Committee for the next congressional session. DeLauro currently serves as the Labor, Health and Human Services, Education, and Related Agenci... -
Congress Averts Government Shutdown With Short-Term Spending Deal
October 1, 2020 - The Senate cleared a continuing resolution (CR) on Wednesday staving off a government shutdown slated to take place at the end of the month had congressional leaders not met the September 30 spending deadline. The Senate advanced the spending bill, w... -
House Passes Short-Term Spending Bill With Bipartisan Buy-In
September 23, 2020 - The House passed a continuing resolution (CR) last night that would prevent an impending government shutdown from happening at the end of the month by funding federal agencies and programs run by the Department of Education (ED) through December 11.&... -
House Releases Continuing Resolution to Fund Federal Government
September 21, 2020 - House leaders have formally unveiled a continuing resolution (CR) that would stave off a government shutdown slated to take place at the end of the month should congressional leaders not meet the September 30 spending deadline. The measure funds... -
House Passes Education Spending Plan, Now Awaits Senate Response as Deadline Approaches
July 31, 2020 - The House on Friday passed 217-197 its fiscal year 2021 Labor, Health and Human Services, Education, and Related Agencies (Labor-H) spending bill. While the chamber has now advanced more than half of its annual spending bills, the Senate has yet to f... -
House Committee Advances Fiscal 2021 Spending Plan
July 14, 2020 - The House Appropriations Committee advanced, by a vote of 30-22, fiscal year 2021 Labor, Health and Human Services, Education, and Related Agencies (Labor-H) spending bill, which would provide a total of $73.5 billion in discretionary funds for the D... -
House Fiscal Year 2021 Education Spending Bill Includes Slight Boost to Student Financial Aid
July 7, 2020 - The House Labor, Health and Human Services, Education, and Related Agencies (Labor-H) Appropriations Subcommittee on Monday released its fiscal year 2021 spending bill, which would provide a total of $73.5 billion in discretionary funds for the Depar... -
Negotiations for Fiscal Year 2021 Off to a Significantly Delayed Start
June 30, 2020 - With less than 100 days until the end of the current fiscal year, the annual appropriations process has yet to begin in earnest. The legislative calendar is already narrowing with the upcoming August recess and full swing of the presidential campaign... -
DeVos Defends Trump’s 2021 Budget Proposal in Senate Subcommittee Hearing
March 6, 2020 - Education Secretary Betsy DeVos returned to Capitol Hill Thursday to again defend President Donald Trump’s fiscal year (FY) 2021 budget proposal, this time appearing before Senate appropriators. Last week, DeVos justified the budget to members ... -
DeVos Defends 2021 Budget Proposal as House Appropriators Push for Answers
February 28, 2020 - Education Secretary Betsy DeVos on Thursday appeared before a House appropriations subcommittee to justify the Trump administration's fiscal year 2021 budget request, as it relates to education funding. The budget request, released earlier this month... -
Trump 2021 Budget Proposes Borrowing Limits, FSA Oversight, Significant Cuts to Student Aid
February 10, 2020 - In his fiscal year (FY) 2021 budget proposal, which would impact award year 2021-22, President Donald Trump offered a slew of new policy proposals aimed at setting loan limits for students and parents and restructuring the Office of Federal Student A... -
Final FY 2020 Funding Bill Increases Maximum Pell, Addresses Issues With Loan Servicers, Foreign Gift Reporting
December 23, 2019 - President Donald Trump signed a bill finalizing funding for the government for fiscal year (FY) 2020 Friday, narrowly avoiding a government shutdown and putting an end to the series of continuing resolutions that have maintained funding levels since ... -
House Appropriations Committee Passes Education Spending Bill With Boost to Max Pell, Historic Campus-Based Aid Increases
May 2, 2019 - The House Appropriations Committee last week passed its fiscal year 2020 Labor, Health and Human Services, Education and Related Agencies (Labor-H) spending bill, which included a $150 boost to the maximum Pell Grant, and allocated $5 million to cont... -
President Trump Again Proposes Massive Cuts to Student Aid
March 12, 2019 - In his fiscal year (FY) 2020 budget proposal, which would impact award year 2020-21, President Donald Trump again reiterated his support for hard-hitting cuts to the federal student aid programs, similar to the cuts outlined in his previous budget pr... -
House Committee Pushes Forward on FY 2019 Funding Bill
July 13, 2018 - The House appropriations committee pushed forward on securing funding for labor, health and human services, and education programs, voting along party lines to move its fiscal year (FY) 2019 funding bill to the House for a vote, following a markup We... -
Increased Pell and Expanded FAFSA Data-Sharing Among Provisions in FY 19 Senate Education Funding Bill
June 28, 2018 - The Senate Appropriations Committee on Thursday quickly passed a bipartisan bill to fund the Department of Education (ED) and student aid programs for fiscal year 2019. The bill, which includes a boost to the maximum Pell Grant award, will now move t... -
House Subcommittee Funding Bill Includes Some Increases for ED, Keeps Maximum Pell Flat
June 18, 2018 - A House appropriations subcommittee took steps toward finalizing its funding bill for fiscal year (FY) 2019 late last week that includes funding for labor, health and human services, and educational programs. While the subcommittee did propose increa... -
DeVos Defends 2019 Budget Proposal to Senate Appropriations Subcommittee
June 6, 2018 - Education Secretary Betsy DeVos on Tuesday spoke before a Senate appropriations subcommittee, making the case for the Department of Education's (ED) proposed budget for fiscal year 2019, which included a $3.8 billion cut to ED, and proposed eliminati... -
Ins and Outs of the FY 2018 Spending Bill
March 21, 2018 - This article, as originally published Wednesday evening, touched on victories related to the Federal Pell Grant, campus-based funding, and data-sharing in the fiscal year (FY) 2018 omnibus spending bill, which cleared the House and the Senate on Thur... -
Analysis: President Trump Again Proposes Massive Cuts to Student Aid
February 13, 2018 - In the "An American Budget" proposal for federal fiscal year (FY) 2019, which affects award year (AY) 2019-20, President Donald Trump again reiterated his support for hard-hitting cuts to the federal student aid programs, similar to the cuts outlined... -
Trump 2019 Budget Proposes $3.8 Billion Cut to ED
February 12, 2018 - The Trump administration on Monday released its fiscal year (FY) 2019 budget request, which proposed steep cuts to federal education funding, including $3.8 billion to the Department of Education (ED), and proposed to eliminate the Public Service Loa... -
Federal Budget Frequently Asked Questions
January 3, 2018 - NASFAA has compiled the following Federal Budget Frequently Asked Questions Guide from member submissions. -
Share your Budget Questions
October 5, 2017 - The federal budget & appropriations process can be difficult to understand. To help clarify the process, NASFAA is developing a document with FAQs and answers related to the federal budget, and we want to hear from you. -
Senate Appropriators Pass FY 2018 Education Funding Bill
September 8, 2017 - The Senate Appropriations Committee wrapped up work on the fiscal year (FY) 2018 education budget on Thursday, passing the bill 29-2 and sending it to the full Senate for consideration. -
House Committees Push Forward on Fiscal Year 2018 Budget
July 20, 2017 - Two committees within the House of Representatives on Wednesday discussed, debated, and advanced two separate pieces of legislation pertaining to the fiscal year (FY) 2018 budget: the Republicans' budget resolution, a framework that is used by House ... -
2018 Education Funding Bill with $3.3 Billion Cut to Pell Reserve Moves Forward
July 14, 2017 - A House appropriations subcommittee on Thursday afternoon swiftly voted on party lines to move a funding bill for the 2018 fiscal year to the full committee for further markup next week. -
President Trump Proposes Historic Cuts to Student Aid in 2018 Budget
May 23, 2017 - On the heels of an abbreviated budget outline released in March that alluded to damaging cuts to the federal student aid programs, President Donald Trump on Tuesday released his expanded budget proposal for fiscal year (FY) 2018, which would affect a... -
Spending Package Restores Year-Round Pell, Cuts Pell Reserves
May 2, 2017 - In a move aimed at narrowly avoiding a government shutdown, congressional leaders early Monday morning released a tentative agreement on government spending for federal fiscal year (FY) 2017, which funds award year (AY) 2017-18 and includes the resto... -
Deliberations on Final Spending Levels for FY 2017 May Wrap Up This Week, Year-Round Pell in the Mix
April 24, 2017 - Congress returns to Washington this week following a two-week recess with only a few days to come to an agreement to fund the federal government for the remainder of the fiscal year and to avoid a government shutdown. A continuing resolution (CR) to ... -
Lawmakers Clash Over Streamlining and Access in Trump 2018 Budget
March 17, 2017 - Early Thursday morning the Trump administration released its fiscal year (FY) 2018 budget request, which included significant cuts to certain federal student aid programs, and decreased the Pell Grant Program surplus. -
Trump's Fiscal Year 2018 Budget Eliminates SEOG, Reduces FWS, and Raids Pell Surplus
March 16, 2017 - Early Thursday morning the Trump administration released its fiscal year (FY) 2018 budget request, which included significant cuts to certain federal student aid programs, and decreased the Pell Grant Program surplus. -
Budget Outlook Murky Following Election
November 16, 2016 - Following last week’s election, in which Republicans took the presidency and held control of Congress, the outlook for appropriations action for fiscal year (FY) 2017 remains unclear. The FY2017 appropriation funds federal student aid programs ... -
Cut to Pell Funding in House Spending Bill
July 7, 2016 - One month after the Senate unveiled an education funding bill, the House of Representatives Appropriations Committee followed suit on Wednesday with their own plan for fiscal year (FY) 2017. The FY 2017 bill, which impacts award year (AY) 2017-18, in... -
Spending Bill Clears Committee With NASFAA-Supported Year-Round Pell Language
June 10, 2016 - On Thursday, the Senate Appropriations Committee passed its fiscal year (FY) 2017 Labor, Health and Human Services, and Education spending bill by a bipartisan vote of 29-1. The bill, which was covered in Today's News on Tuesday, would restore the ye... -
Year-Round Pell Returns, Pell Surplus Takes a Hit in Senate Spending Bill
June 8, 2016 - On Tuesday, the Senate Labor, Health and Human Services, Education, and Related Agencies ("Labor-H") Appropriations Subcommittee unanimously approved a spending bill for fiscal year (FY) 2017, which impacts award year (AY) 2017-18. The bill now heads... -
Cost-Savings in House Budget Plan Come at a Price
March 25, 2016 - A week after the House Budget Committee released its fiscal year (FY) 2017 Budget Resolution, which called for $6.5 trillion in spending cuts over 10 years, a new committee report further details what would be on the chopping block, including some no... -
House Budget Committee Releases FY 2017 Budget Plan, Would Freeze Pell Grant Maximum for Next Decade
March 16, 2016 - House Budget Committee Chair Tom Price (R-GA) on Tuesday released the committee’s fiscal year (FY) 2017 Budget Resolution, calling for $6.5 trillion in spending cuts over the next decade in order to balance the budget by FY 2026. The budget res... -
President Obama’s Final Budget Proposal Renews Push for Signature Policy Initiatives
February 10, 2016 - With a little less than a year remaining in office, President Obama released his final budget proposal on Tuesday. The $4.1 trillion budget for federal fiscal year (FY) 2017, which affects award year 2017-2018, provided little surprises for observers...