Trump’s Funding Freeze Halted. What Financial Aid and Student Loan Recipients Should Know
If you rely on federal student loans, Pierram subsidies or other types of federal financial assistance to pay tuition fees, then you may worry about the announcement of the announcement of the announcement of the federal funds and then stop temporarily on Tuesday.
Before the federal funds of the government of the Trump Carnival era were frozen, that was Prevent Loren Alikhan, judge of the United States District Court. The Federal Court ordered the White House to prevent the funds issued by the White House, but allowing the government to freeze new funds.
The hearing of the case is scheduled to be at 11 am in the United States on Monday. The court ordered to last at 5 pm on February 3, Eastern time.
What does this mean for student loan borrowers? If the court rules the White House to freeze all federal funds, it is expected to not affect the federal assistance provided to individuals. this Federal Student Aid Office issued a statement That is to say, the freezing of funds should not affect Chapter 4 funds, such as federal student loans or Perlisa.
This does not mean that all students’ financial funds are safe. Student loan policy expert Elaine Rubin said: “It is not clear how this may affect other aids that may not belong to the title IV.” CNET fund expert review committee member.
For example, because these funds are sent to universities to provide assistance, the federal work plan and federal supplementary education opportunities may be affected. CNET fund expert review committee memberEssence However, most of these funds have been allocated to the spring semester, so these programs may not be affected by frozen.
Experts say students do not have to worry about economic assistance this semester.
“Students should expect their federal student assistance to be obtained during the spring period of spring.” “University financial assistance managers are still actively participating in the monitoring policy changes and strive to evaluate their potential impact on service staff.”
