This strategic plan lays out Federal Student Aid's (FSA's) long-term strategy to deliver on its mission of helping Americans to pay for higher education. The plan is composed of five strategic goals. FSA will (1) provide superior service and information to students and borrowers; (2) work to ensure that all participants in the system of postsecondary education funding serve the interests of students, from policy to delivery; (3) develop efficient processes and effective capabilities that are among the best in the public and private sectors; (4) ensure program integrity and safeguard taxpayers' interests; and (5) strengthen FSA's performance culture and become one of the best places to work in the federal government. These goals represent a substantial change for FSA. FSA commits to placing more of an emphasis on proactively serving students and their families, take a broader role in cultivating the system of institutions that are involved in funding postsecondary education, and push harder to do more with less; and striving for operational excellence that stands up to the justifiable scrutiny that FSA will receive, given its increased importance in the system of postsecondary education funding. The plan is organized into the following eight sections: (1) Overview of Federal Student Aid; (2) Key Trends Shaping Federal Student Aid's Strategy; (3) New Mission, Vision and Core Values; (4) FSA's Strategic Goals and Objectives; (5) Performance Goals; (6) External Risk Factors; (7) Program Evaluation; and (8) Moving Forward. [For "U.S. Department of Education Federal Student Aid Five-Year Plan, 2006-2010," see ED493416.]