Advisory Committee for Student Financial Assistance

The Department of Education Advisory Committee for Student Financial Assistance is a civilian sub-agency within the Department of Education that historically administered formula grants and contracts supporting federal student aid programs. The Committee's transactional activity ended over a decade ago; no recent contract or grant awards are recorded against the agency.

The contract portfolio spans 76 awards issued between 2006 and 2015, with combined potential value of $514 thousand and $467 thousand obligated. Award volume peaked in 2012 with 14 awards, followed by declining activity: 8 awards in 2011, 7 in each of 2013 and 2014, and 3 in 2015. The portfolio is highly fragmented across 54 distinct prime contractors, reflecting the small dollar scale and administrative nature of the work. Nearly all contracts (97%) carried no set-aside designation; only 2 awards (3%) were designated small business.

The grant portfolio is substantially larger, totaling 1,057 Formula Grant awards issued between 2001 and 2010, with $587.1 million in combined federal dollars obligated. Grant volume climbed steadily over the period, reaching 172 awards in 2010 after starting at 91 in 2006. All 1,057 grants carried the Formula Grant assistance type, and recipients numbered 58 across the full portfolio history.

Both contract and grant activity ceased well over a decade ago. No recent contract opportunities, grant opportunities, or awards are present in the current solicitation pipeline. The Committee's role in federal student aid administration appears to have been restructured or consolidated into other Department of Education offices prior to 2016.