The funding for this program is the state match required for three federal programs, including: the Federal Supplemental Education Opportunity Grants (FSEOG), Federal Work-Study Program (FWS), and Leveraging Educational Assistance Partnership (LEAP).
During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $3,252,800 from all sources for Student Financial Aid. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $3,252,800 from the General/Education Funds, a change of 0 percent from revised Fiscal Year 2015 estimates.
In addition to statewide compensation and internal service fund cost increases, the following appropriation adjustments were made during the 2015 General Session:
COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.