What is the LEAP Program?

The Leveraging Educational Assistance Partnership (LEAP) Program, which provides incentives for states to provide grants to students who attend college, has played a significant role in encouraging every state to create and maintain its own student grant program. States are required to provide at least 50 percent of the funding for this program. In 2001-02, federal LEAP funds provided $50 million in grants to students who attended postsecondary education. Including state matching funds, approximately 2 million students receive LEAP funds in 2000-01.