What does it mean that Federal Student Aid is a PBO?
Page 2

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?
  Back to Page 1

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

Student Loans
Student loans in Canada are provided by a joint Federal and Provincial program with the amount of and eligibility for a loan different between the Provinces and so depends upon the Province you are a...

---

What's this I Hear About a Free Application for Federal Student Aid?
Are you struggling to get through school financially but not sure where to turn next? Have you exhausted loan options but are sick of paying large fees just to apply for the loan and being turned down anyway at the end? You will be glad to find out that that there are cost-free Federal Student Aid applications available to you.

---

What does it mean that Federal Student Aid is a PBO?
A PBO is a Performance Based Organization representing an initiative that was created in order to help the government operate more effectively and efficiently. When people call Federal Student Aid a PBO, this means that they are committed to and hold the same standards of the Performance Based Organization.

---

7 Steps Towards Choosing The Perfect College
In most instances, the problem doesn't stop with finances. Students often find it hard to choose the right school for them, pick the course that best suit their needs and abilities.

---