340 - Student Achievement Council
Last Updated: 04/07/2025
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
19,488 Underexpenditure
1.8% Underexpenditure
Planned vs. Actual Cumulative Expenditures - All Funds
Monthly Planned vs. Actual Expenditures - All Funds
Monthly Planned vs. Actual Expenditures - GFS
Expenditure by Program
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Coordination and Policy | 56,550 | 44,997 | 11,553 | 20.4% |
| Advanced College Tuition Payment | 11,826 | 10,548 | 1,278 | 10.8% |
| Student Financial Assistance | 1,000,344 | 993,687 | 6,657 | 0.70% |
| Totals | 1,068,720 | 1,049,232 | 19,488 | 1.8% |
FTE
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Coordination and Policy | 76 | 71 | 4 | 5.8% |
| Advanced College Tuition Payment | 29 | 29 | 0.20 | 0.70% |
| Student Financial Assistance | 29 | 30 | (1) | (4.5%) |
| Totals | 134 | 130 | 3 | 2.5% |
Expenditure by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 23,464 | 14,637 | 8,828 | 37.6% |
| General Fund Private/Local | 1,121 | 444 | 677 | 60.4% |
| General Fund State | 554,634 | 553,578 | 1,057 | 0.20% |
| Other Funds Non-Appropriated | 47,575 | 38,592 | 8,984 | 18.9% |
| Other Funds State | 441,925 | 441,982 | (57) | |
| Totals | 1,068,719 | 1,049,233 | 19,489 | 1.8% |
Revenue by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 23,464 | 17,290 | (6,174) | (26.3%) |
| General Fund Private/Local | 1,494 | 130 | (1,364) | (91.3%) |
| General Fund State | 312 | 312 | ||
| Other Funds Federal | 748 | 748 | ||
| Other Funds State | 14,932 | 17,230 | 2,298 | 15.4% |
| Totals | 39,890 | 35,710 | (4,180) | (10.5%) |
Revenue by Fund
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund | 24,959 | 17,732 | (7,226) | (29.0%) |
| Aerospace Training Student Loan Account | 12 | 12 | ||
| Medical Student Loan Account | 504 | 504 | ||
| Student Achievement Council Tuition Recovery Trust Fund | 273 | 273 | ||
| Behavioral Health Loan Repayment and Scholarship Program Account | 1,750 | 1,757 | 7 | 0.40% |
| Workforce Education Investment Account | 2 | 2 | ||
| Washington College Savings Program Account | 1,364 | 1,364 | ||
| Educator Conditional Scholarship Account | (1,222) | (1,222) | ||
| Health Professionals Loan Repayment and Scholarship Program Account | 12,528 | 13,098 | 570 | 4.6% |
| State Educational Trust Fund Account | 2,030 | 2,030 | ||
| Advanced College Tuition Payment Program Account | 9 | 9 | ||
| Four Year Student Child Care in Higher Education Account | 150 | 150 | ||
| Totals | 39,891 | 35,709 | (4,181) | (10.5%) |
Deficit Fund Balance
| Program | BTD Balance | Proj. Balance |
|---|---|---|
| Student Loan Advocate Account | (48) | 135 |
| Workforce Education Investment Account | 72,227 | (74,668) |
| Washington Student Loan Account | (64,492) | (144,175) |
| Washington College Savings Program Account | (252) | (837) |
| Educator Conditional Scholarship Account | (1,243) | (1,437) |
| State Educational Trust Fund Account | (86) | (678) |
