The Office of Federal Student Aid
Improving Aid Delivery as a Performance-Based Organization
The Office of Federal Student Aid (FSA) within the U.S. Department of Education (ED) is the primary entity responsible for the administration and oversight of the federal student aid programs authorized under Title IV of the Higher Education Act (HEA) of 1965. As such, FSA is the largest provider of postsecondary student financial aid in the nation. It performs functions that are akin to those of large banks, to which it has sometimes been compared. In FY2024, FSA oversaw the provision of $120.8 billion in Title IV aid to 9.9 million students attending approximately 5,400 institutions of higher education (IHEs)….
