Colleges and universities would not be able to disburse work-study and Perkins Loan payments to students if the federal government shuts down after Friday's deadline.
Recently in Federal Budget Category
April 07, 2011
April 06, 2011
The Obama administration has not addressed questions about the effect of a shutdown on student loans and other Education Department programs.
April 05, 2011
A leading House Republican's plan for long-term spending includes cutting back spending to pre-stimulus levels.
April 05, 2011
Republicans in the House of Representatives have introduced a bill that would cut the $119 million Teaching American History program and the $100 million Educational Tech State Grants.
March 17, 2011
The latest temporary funding measure, which expires April 8, avoids a government shutdown for now and gives lawmakers more time to work on a budget for the rest of year.
March 15, 2011
The latest stopgap federal spending bill would continue K-12 funding at fiscal 2010 levels through April 8, but makes no new cuts to education.
March 14, 2011
President Barack Obama drew a line in the sand against attempts to cut education spending as Congress struggles to come up with a federal budget for the rest of the year.
March 09, 2011
A House bill with deep cuts to education and a Senate measure with modest increases both fail, sending lawmakers back to the drawing board.
March 08, 2011
The president plans to tout his administration's $90 million plan to create a new education research initiative modeled after DARPA, the Defense Advanced Research Projects Agency.
March 04, 2011
The Senate Democrats' bill would provide slight increases for Head Start and Title I grants to districts, a sharp contrast to the House bill, which would cut education.