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Program

William D. Ford Federal Direct Subsidized Loans

Department: Education

The cabinet-level department or independent agency responsible for the program

Agency: Office of Federal Student Aid

The specific agency or sub-agency that administers the program

Program Type:Credit / Loan / Guarantee

The functional category of the program
In Official FIP? Fully represented

(Loan product generally appears clearly.)

Confidence Level: Low

Authorizing Statute: 20 U.S.C. 1078-8; 20 U.S.C. 1087a et seq.

Funding Status: Credit program

Primary Source: https://uscode.house.gov/download/download.shtml

Notes: Need-based student loan product.

Additional details about data sources and custom mapping of data are available on the Data Details page.

Outlays (millions)

Actual money spent in FY2024

$0

Source: Account-group/reference mapping (medium confidence)

Obligations (millions)

Money the government committed to spend in FY2024

$36000

Source: Account-group/reference mapping (medium confidence)

Budget Authority (millions)

The amount Congress authorized agencies to commit

$2880

Source: Estimate: budget authority / subsidy proxy set at 8% of obligation volume for credit programs; see Fiscal Method.

Revenue Loss (millions)

Estimated revenue not collected due to tax policy (tax expenditures)

$0

Source: Account-group/reference mapping (medium confidence)

Primary Amount

The primary fiscal measure used for the program

$36000

Dollar Basis

The primary fiscal measure used for the program

Obligations

Note: Primary basis is obligations for credit/guarantee-style programs.

Dollar Quality

How directly the dollar amount reflects observed data

Estimated

Actual = reported or observed spending, Estimated = derived from modeling or mapping, Carry-Zero = structural row with no direct dollars