01/28/2025
UPDATE: The U.S. Department of Education posted an Electronic Announcement (EA) confirming the pause does not affect student financial aid.
The U.S. Department of Education posted an Electronic Announcement (EA) confirming that "per the memo, the pause does not impact 'assistance received directly by individuals.' This includes Title IV, HEA funds, which are provided to individual students."
Here's the EA: https://fsapartners.ed.gov/knowledge-center/library/electronic-announcements/2025-01-28/guidance-related-temporary-pause-federal-financial-assistance-programs