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.” |
