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| January 28, 2025 |
| UPDATE: PELL GRANTS & DIRECT LOANS SPARED IN FEDERAL AID FREEZE |
| Direct loans and Pell Grants, among other forms of direct financial assistance to individuals, will not be affected by the previously reported federal aid freeze. The Department of Education cited a footnote in the memo, which outlines what education programs would be spared: “Per the OMB memo issued yesterday, the temporary pause does not impact ‘assistance received directly by individuals.’ As such, Title IV, [Higher Education Act] funds that are provided to individual students, such as Federal Pell Grants and Direct Loans, are not impacted by yesterday’s guidance.” |
