The FY2027 President's Budget requests $25.48B for Federal Direct Student Loans Program Account (HEA IV-D), within Education's Federal Direct Student Loans Program Account (HEA IV-D) account. That is down 62% on the FY2025 figure of $67.62B, which is the enacted appropriation.
FY2025–FY2027
| Fiscal year | Basis | Amount |
|---|---|---|
| FY2025 | enacted | $67,620.8M |
| FY2027 | request | $25,477.3M |
Bases are separate columns and are never summed into one figure.
Education discretionary budget authority
From the OMB Public Budget Database — clean, summable, and the figure to cite for an agency total. It is the whole of Education's discretionary request, not a total of the parsed lines above, and this page never adds the two together.
What this funds
Supports the William D. Ford Federal Direct Loan program, under which the federal government provides loan capital directly to students and families through participating postsecondary schools to help meet education costs.
Extracted from Student Loans Overview, p. 42. Verbatim; nothing here is paraphrased.
Ask this budget line
Answers come from the figures on this page and nothing else. These dollars are parsed from Education's Congressional Justification and are approximate — confirm anything that matters against the cited page.
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