What is the purpose of the Federal Perkins Loan level of expenditure?
A. If your school participates in the Federal Perkins Loan Program, the level of expenditure shown on your authorization letter and Perkins final funding worksheet represents the maximum amount the school is authorized to expend from its loan fund for the 2003-2004 award year. If your school wants to request an increase in its approved level of expenditure, you may write to the Area Case Management and Oversight (CMO) Director at the regional office that serves your state. Our FSA schools portal web site http://www.cbfisap.ed.gov/CBSWebApp/welcome.jsp lists the CMO contact for your state. A request to increase the authorized level of expenditure will not result in any increase to the Federal Capital Contribution allocation. Q. Who can help me if I have questions? A. If you have any questions regarding your 2003-2004 funding levels, please call our Campus-Based Call Center at 877-801-7168 for assistance.
