Latest Update: Jan. 29, 2pm
The White House Office of Management and Budget (OMB) has rescinded the temporary pause on federal grants, loans, and other financial assistance programs. For now, federal funding processes will resume as normal.
We understand that the current state of confusion and rapid changes may be frustrating. We are doing our best to interpret the changing landscape as it evolves and appreciate your patience as we work through these developments.
While this pause has been lifted, federal funding policies may continue to shift. We are closely monitoring any further changes and will provide updates as we learn more. We will continue to share updates on this blog page as new information becomes available.
Thank you for your patience as we navigate this situation together. If there are any further changes, we will keep you informed.
Jan. 28, 1:15pm
To: Olympic College Students and Employees,
On January 27, 2025, the White House Office of Management and Budget (OMB) issued a memorandum requiring a temporary pause on federal grants, loans, and other financial assistance programs to allow for a comprehensive review of these programs.
The federal funding pause does not apply to student loans and Pell Grants, as confirmed by the U.S. Department of Education. We do not believe this will impact student financial aid or other direct support programs at this time.
This pause, however, is likely to have some impact on the college, and we are currently evaluating what this means for our programs, operations, and community. Our leadership team is actively monitoring developments and working with the Washington State Board for Community & Technical Colleges and other relevant organizations to better understand the implications.
We understand this directive may raise questions and concerns. As we continue to gather more information, our priority is to keep you informed and provide updates as soon as they become available.
Despite the seeming constant change implemented by the new presidential administration, please know Olympic College remains committed to your safety, rights, privacy, and access to education. Thank you for your patience and understanding as we navigate this evolving situation.
We will continue to post these date stamped updates on our Federal Funding Updates Blog Page.
Sincerely,
Joshua Masters (he/him), SPHR
Executive Vice President
Olympic College Executive Team
