Director, Cost Estimation and Analysis Division

Washington, D.C
Jul 17, 2019
Jul 24, 2019
Full Time


The Director, Cost Estimation and Analysis Division, located within the Office of Finance and Operations (OFO), Office of Budget Service, directs a wide range of activities involved in providing continuous oversight and management of the formulation, presentation, and execution of budgets associated with student grant and loan program cost estimates.

Learn more about this agency


Provides leadership, counsel, and technical expertise in the development of cost estimates and underlying research and model development activities associated with the Federal Pell Grant, Direct Student Loan and including FFEL programs, which together award over $126 billion to more than 10 million students each year and with overall Federal student financial aid administration.

Directs and analyzes the development of cost estimates and underlying research and model development activities associated with all Federal Student Aid (FSA) programs and Higher Education loan programs in OPE such as (HBCU and Capital Family Financing), College work study, Perkins Loans, Teach Grants and other ongoing programs also develops cost estimates for new policies which includes America's promise of two years of free Community College.

Provides leadership, counsel, and technical expertise regarding the formulation, presentation, and execution of budgets associated with student grant and loan program cost estimates, using procedures developed by the Budget Policy and Coordination Office Staff and working with the Chief Operating Officer (COO) and other Office of Finance and Operations (OFO) leadership personnel as appropriate.

Develops and analyzes legislative proposals affecting Pell Grant, Direct Student Loan program costs and other operational costs, involving Assistant Secretaries, and the General Counsel, as appropriate. Identifies issues, prepares options, assesses costs and program impact and makes recommendations to the Deputy Director, Budget Service, Director, Budget Service, the Principal Deputy Assistant Secretary, OFO, and other senior OFO and Department personnel. Analyzes appropriations, authorizing, and reconciliation language and congressional intent and determines the need for legal opinions.

Analyzes the development and justification of student loan loss liability cost estimates for inclusion in the Department's audited financial statements; the accuracy and documentation of these estimates is a major factor in ensuring that the financial statements receive an unmodified or unclear opinion for the Department's independent auditors, the achievement of which is a major element of the Department's Strategic Plan.

Travel Required

25% or less - Occasional travel.

Supervisory status

Promotion Potential


Conditions of Employment

  • U.S. Citizenship is required.
  • Relocation expenses will NOT be paid.
  • Requires a financial disclosure statement, OGE-278.
  • Must be able to obtain and maintain a Public Trust security clearance.
  • One-year probationary period may be required.


MANDATORY TECHNICAL QUALIFICATIONS (MTQs): All applicants must submit written statements (narrative format) of accomplishments that would satisfy the technical qualification. You must address each technical qualification separately. You must limit your narratives to two (2) pages per technical qualification. When uploading your MTQs, choose the supporting Document Type called MTQ.

MTQ1: Demonstrated experience of Federal budget and appropriations principles, practices, and procedures related to the preparation of Federal credit program cost estimates for inclusion in budget materials, financial statements, and other reporting required by the Federal Credit Reform Act of 1990, the Chief Financial Officers Act of 1990, the Budget Enforcement Act, the Budget Control Act, and relevant OMB guidance, such as circulars A-11 and A129.

MTQ 2: Demonstrated experience of economics, financial and statistical analysis, cost estimation and forecasting, and computer modeling techniques, particularly as related to large Federal loan and grant programs, and successful ability and experience in directing the development of complex, multi-year cost estimates for large Federal loan and grant programs.

MTQ 3: Demonstrated knowledge and experience working with Federal Student Assistance Programs and/or program data pertaining to Title IV of HEA of 1965 as amended-particularly general program requirements, Pell Grants, and student loans.

When responding to the MTQs, you must clearly show that you possess the experience, knowledge, skills and ability to perform the duties of this position by submitting narrative responses in which you detail your experience in each MTQs.

Your examples should be clear and emphasize your level of responsibilities, scope, and complexity of the programs managed and program accomplishments with results of your actions, policy initiatives and level of contacts.

Applicants who use "see resume" as a response WILL NOT receive consideration for the position.


There is not an educational requirement for this position.

Additional information

Veterans' Career Counseling: If you are a veteran interested in receiving tips on preparing a Federal resume and/or how to prepare for an interview, you may email to schedule a session with a career counselor ("Veterans Counseling Session" should be placed in the subject line of the email).

Student Loan Default: If selected for this position, we will verify that you have not defaulted on any loan funded or guaranteed by the U.S. Department of Education. If you are found to be in default, we will contact you to make arrangements for repayment prior to making an official offer of employment.

Suitability and Investigation: If selected for this position, you will be required to complete the Declaration for Federal Employment (OF-306) to determine your suitability for federal employment and successfully complete a pre-appointment investigation/background check.

Non-Essential: This position is considered non-essential for purposes of reporting to work during federal government closures.

Financial Disclosure: This position requires financial disclosure.

Telework: This position is telework eligible.

Bargaining Unit: This position is not included in the bargaining unit.

Selections: Agencies have broad authority under law to hire from any appropriate source of eligibles and may fill a vacancy in the competitive service by any method authorized.

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

You will be evaluated for this job based on how well you meet the qualifications above.

To preview questions please click here .

Background checks and security clearance

Security clearance

Drug test required

Required Documents

1. Resume: In addition to your written statements addressing the Mandatory Technical Qualifications, and other qualifications as applicable, you must submit a resume or any other written format you choose to describe your qualifications. Applicants typically provide the following information:

Full name, mailing address, and day email address and evening telephone numbers.

Information about your paid and non paid work experience related to this position including:

Job title (include series and grade if Federal job)
  • Duties and accomplishments
  • Employer's name and address
  • Supervisor's name and phone number (indicate if we may contact your current supervisor)
  • Starting and ending dates of employment (month/year)
  • Information about honors, awards, and special accomplishments

2. MTQ Statements: A narrative statement specifically addressing the mandatory technical qualifications. Each MTQ statement should not exceed two (2) pages.

3. If you are claiming eligibility under the Veterans Employment Opportunities Act (VEOA), you must submit:
  • A copy of your DD-214 that shows active service and character of discharge, member copy 4 (Separated Members only); OR
  • A certification of expected discharge or release from active duty under honorable conditions within 120 days from the date of application (Current Active Duty Members only); AND/OR
  • The Application for 10-Point Veteran Preference (SF-15) AND all documents indicated on the form as proof of type of preference.

4. If you are a current or former federal employee (including current U.S. Department of Education employees), you must also submit:
  • A Notification of Personnel Action (SF-50), which demonstrates your competitive status eligibility. To verify your eligibility, we will review your SF-50 to determine your tenure (block 24) and position occupied (block 34). Examples of sufficient SF-50s include appointments, promotions, within-grade increases, and pay adjustments.

If you currently hold or previously held a federal position at or above the highest grade of this position or you have/had promotion potential at or above the highest grade of this position, you must also submit an SF-50 documenting your highest grade level held or promotion potential. Examples of sufficient SF-50s include appointments and promotions.

5. If you are claiming selection priority under Interagency Career Transition Assistance Plan (ICTAP) and Career Transition Assistance Plan (CTAP), please visit:



6. If you are claiming eligibility under any Special Hiring Authority, you must submit:
  • Adequate proof of your eligibility (e.g., Documentation of noncompetitive eligibility as a returned Peace Corps Volunteer, Documentation of noncompetitive eligibility for employment under Schedule A as a person with severe physical disabilities, psychiatric disabilities, and intellectual disabilities.)

If you are relying on your education to meet qualification requirements:

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education .

Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

Similar jobs