What does it mean that Federal Student Aid is a PBO?
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Over the next five years, the FSA operating as a PBO will integrate its processes even further and improve the overall system in which students receive funding for education. The FSA plans to supply better information to families and students for their postsecondary schooling decisions. In addition, they plan to better shape the behavior of participants being funded by using data, oversight, and authority to improve the relationship between FSA and their participants.

From a monetary perspective, the FSA plans to improve the effectiveness of their budget by revising a few goals. First, with the budget of the federal government continuously increasing, it is imperative that the FSA free up resources to allow future investments to take place as well as enabling a lesser draw on taxpayer’s wallets. Another important factor in using the budget more resourcefully is for the FSA to be more attentive to the stakeholders than it has been in the past; due to the fact they are under amplified examination from the extended roles of the FSA.

These goals are planned to be carried out over the next five years through The Higher Education Act of 1965 (HEA) which essentially states that the FSA has an obligation to reduce costs, provide better service to not only its customers but stakeholders and taxpayers, and to work to ensure all participants in the system are properly funded and educated on their policies from start to finish.

The FSA has very positive objective for the future of funding for its clients. Becoming a Performance Based Organization only means the FSA is even more dedicated to ensuring the wants and needs of its clients and investors are met in a timely manner.



What does it mean that Federal Student Aid is a PBO?
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About The Author The author edits a site featuring Grants for Education and another Government Grants site providing info on every grant the federal government offers. Michael Saunders has an MBA from the Stanford Graduate School of Business.

Additional Resources

category - Education Grants

Museum Grants for African American History and Culture Program
The Institute of Museum and Library Services has established a funding opportunity to support the Museum Grants for African American History and Culture Program wherein they intend to provide the African American museum staff with added knowledge and ability in all the areas of management, operations, programming, collections care, and other museum skills.

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Looking for College Grants?
Grants are a type of student aid that is awarded by the government. Grants for college students do not have to be repaid. Grants are based upon financial need, as calculated by the federal aid progr...

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Computing Education Grants Program for the 21st Century
The National Science Foundation has recently established the Computing Education Grants Program for the 21st Century (CE21), wherein the agency primarily aims to create a robust computing research community, as well as a computationally competent 21st century workforce, and ultimately, a computationally empowered citizenry.

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Laura Bush 21st Century Librarian Program
The Laura Bush 21st Century Librarian Program revolves around improving then country's information infrastructure through the utilization of funding projects that are designed to address the education and training needs of certain professionals who help build, maintain and provide the public with immediate access to some of the world's vast and wide-ranging information systems and resources.

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