TEACH Grant Program Account

File ID: 11217540
File approved: Apr 8, 2022
Fiscal year: 2022
Approved by: Deputy Associate Director for Education, Income Maintenance and Labor
Folder: Department of Education
Agency: Department of Education
Funds provided by †: Public Law 101-508 & 110-84 (ED log number 22-227)

TAFS: 091-0206 /2022 - TEACH Grant Program Account

Iterations:

1: 9/7/21
2: 4/8/22 (this iteration)
3: 8/1/22
4: 9/27/22

Adjustment authority: Yes

Reporting categories: No

Bureau: Office of Federal Student Aid

Account: TEACH Grant Program Account

			Previously Approved (Iteration 1)		OMB Action (Iteration 2)
Line #	Split	Description	Amount	Footnotes	Amount	Footnotes
1000	DA	Discretionary Unob Bal: Brought forward, October 1
1000	DE	Discretionary Unob Bal: Brought forward, October 1
1000	MA	Mandatory Unob Bal: Brought forward, October 1
1000	ME	Mandatory Unob Bal: Brought forward, October 1
1200	1	BA: Mand: Appropriation
1200	2	BA: Mand: Appropriation - Loan Subsidy			$40,482,120.00
1200	3	BA: Mand: Appropriation - Loan Subsidy Reestimate
1200	4	BA: Mand: Appropriation - Loan Modification Adj Transfer
1200	5	BA: Mand: Appropriation - Indefinite Authority withdrawn
1230	SEQ	BA: Mand: Approps/Unob bal of approps permanently reduced - Sequester	-$2,307,481.00		-$2,114,363.00
1250		BA: Mand: Anticipated appropriation	$40,482,120.00		$69,677,752.00
1400	1	BA: Mand: Borrowing authority realized
1400	2	BA: Mand: Borrowing authority decreased
1920		Total budgetary resources avail (disc. and mand.)	$38,174,639.00		$108,045,509.00
6011		TEACH Grant Loan Subsidy	$38,174,639.00		$34,979,721.00
6012		TEACH Upward Subsidy Reestimates	Line added		$69,343,736.00
6013		TEACH Upward Subsidy Modification	Line added		$3,722,052.00
6190		Total budgetary resources available	$38,174,639.00	See footnotes below	$108,045,509.00	See footnotes below
Footnotes for line 6190 (Previous):		A1: Adjustments to the Category B projects are authorized if pursuant to adjustments in budgetary resources per A-11, Section 120.50 and 120.51. A2: Due to the indefinite nature of this account and during the remainder of the fiscal year if the necessary appropriation is different from the total amount listed on line 1200, the amount in dollars currently reflected on line 1230 is hereby automatically apportioned as follows: the agency will achieve the reduction by applying a 5.7% reduction to all grants issued from this account during the remainder of the fiscal year.
Footnotes for line 6190 (Current):		A1: Adjustments to the Category B projects are authorized if pursuant to adjustments in budgetary resources per A-11, Section 120.50 and 120.51. A2: Due to the indefinite nature of this account and during the remainder of the fiscal year if the necessary appropriation is different from the total amount listed on line 1200, the amount in dollars currently reflected on line 1230 is hereby automatically apportioned as follows: the agency will achieve the reduction by applying a 5.7% reduction to all grants issued from this account during the remainder of the fiscal year.

Footnotes

Footnotes provide further information about, or establish further legal requirements related to the use of, the funds in a given line or set of lines in an apportionment. If footnotes appear on lines 1920 or 6190, they apply to all the lines in the 1xxx and 6xxx sections, respectively. The following are all the footnotes associated with this file.

Number

Text

Adjustments to the Category B projects are authorized if pursuant to adjustments in budgetary resources per A-11, Section 120.50 and 120.51.

Due to the indefinite nature of this account and during the remainder of the fiscal year if the necessary appropriation is different from the total amount listed on line 1200, the amount in dollars currently reflected on line 1230 is hereby automatically apportioned as follows: the agency will achieve the reduction by applying a 5.7% reduction to all grants issued from this account during the remainder of the fiscal year.

The following are all of the footnotes associated with the previous iteration of this file. Note that previous iterations of accounts in this file may come from multiple previous files.