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“Direct Loans, Pell Grants, and other federal student aid funds provided to individual students are not impacted by the Jan. 27, 2025, Office of Management and Budget guidance temporarily ...
On January 27, 2025, memo M-25-13 was released by Matthew J. Vaeth – acting director for the Office of Management and Budget (OMB). [1] [2] The memo said that the federal government of the United States in fiscal year 2024 spent over $3 trillion in federal "financial assistance, such as grants and loans", criticized the usage of "resources to advance Marxist equity, transgenderism, and ...
Federal agencies “must temporarily pause all activities related to obligation or disbursement of all Federal financial assistance,” White House Office of Management and Budget acting director ...
The original order, billed as a “temporary pause” on grants and loans, said federal agencies “must temporarily pause all activities related to obligation or disbursement of all Federal ...
Additionally, over 40 million Americans rely on federal student loans to help them finance their higher education, and those loans will continue to be disbursed during the funding freeze.
A US judge temporarily halted President Donald Trump's order to freeze hundreds of billions of dollars in federal grants and loans, minutes before it was set to come into effect on Tuesday. Judge ...
President Donald Trump on Monday issued a sweeping memo ordering a halt to all grant, loan and other financial assistance programs disbursed by the federal government, a massive policy change that ...
The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week. “OMB Memorandum M-25-13 is rescinded.