340 - Student Achievement Council
Last Updated: 07/07/2025
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
(51,254) Overexpenditure
(4.2%) Overexpenditure
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 | 64,838 | 50,288 | 14,549 | 22.4% |
| Advanced College Tuition Payment | 13,714 | 12,261 | 1,453 | 10.6% |
| Student Financial Assistance | 1,139,438 | 1,206,695 | (67,257) | (5.9%) |
| Totals | 1,217,990 | 1,269,244 | (51,255) | (4.2%) |
FTE
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| Coordination and Policy | 76 | 72 | 4 | 5.0% |
| Advanced College Tuition Payment | 29 | 28 | 0.50 | 1.7% |
| Student Financial Assistance | 29 | 31 | (2) | (5.1%) |
| Totals | 134 | 131 | 3 | 2.1% |
Expenditure by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 26,982 | 17,261 | 9,721 | 36.0% |
| General Fund Private/Local | 1,232 | 413 | 819 | 66.5% |
| General Fund State | 627,391 | 634,388 | (6,997) | (1.1%) |
| Other Funds Non-Appropriated | 56,100 | 43,455 | 12,646 | 22.5% |
| Other Funds State | 506,284 | 573,726 | (67,442) | (13.3%) |
| Totals | 1,217,989 | 1,269,243 | (51,253) | (4.2%) |
Revenue by Fund Group
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund Federal | 26,982 | 17,700 | (9,282) | (34.4%) |
| General Fund Private/Local | 1,509 | 695 | (814) | (54.0%) |
| General Fund State | 348 | 348 | ||
| Other Funds Federal | 2,162 | 2,162 | ||
| Other Funds State | 17,019 | 20,178 | 3,159 | 18.6% |
| Totals | 45,510 | 41,083 | (4,427) | (9.7%) |
Revenue by Fund
| Program | Estimate | Actual | Variance | % Variance |
|---|---|---|---|---|
| General Fund | 28,491 | 18,742 | (9,748) | (34.2%) |
| Aerospace Training Student Loan Account | 12 | 12 | ||
| Medical Student Loan Account | 504 | 504 | ||
| Student Achievement Council Tuition Recovery Trust Fund | 275 | 275 | ||
| Behavioral Health Loan Repayment and Scholarship Program Account | 2,000 | 2,007 | 7 | 0.40% |
| Workforce Education Investment Account | 2 | 2 | ||
| Washington College Savings Program Account | 1,577 | 1,577 | ||
| Educator Conditional Scholarship Account | (1,222) | (1,222) | ||
| Health Professionals Loan Repayment and Scholarship Program Account | 14,365 | 16,350 | 1,985 | 13.8% |
| WA Career and College Pathways Innovation Challenge Program Account | ||||
| State Educational Trust Fund Account | 2,676 | 2,676 | ||
| Advanced College Tuition Payment Program Account | 9 | 9 | ||
| Four Year Student Child Care in Higher Education Account | 150 | 150 | ||
| Totals | 45,510 | 41,082 | (4,427) | (9.7%) |
Deficit Fund Balance
| Program | BTD Balance | Proj. Balance |
|---|---|---|
| Student Loan Advocate Account | (121) | 173 |
| Workforce Education Investment Account | 15,279 | (117,649) |
| Washington Student Loan Account | (63,702) | (143,623) |
| Washington College Savings Program Account | (201) | (349) |
| Educator Conditional Scholarship Account | (1,295) | (1,348) |
| State Educational Trust Fund Account | 593 | (5) |
