Trump administration directs widespread pause of federal loans and grants

Got a fun e-mail from our provost this morning saying to try not to spend any non-personnel money on federal grants (as far as I know, the University has already received the money from current grants, though maybe there are potential caveats or accounting issues?).

My fiancee is the Accounting Manager for a university. Their department is going crazy today trying to push through as many of the draws and grants they are eligible for by 5pm ET today.

I wonder if this action will undo this recent loan guarantee. It&#x27;s not a &quot;loan or grant&quot;, is it?<p><i>DOE Announces $15 Billion Loan Guarantee to Pacific Gas &amp; Electric Company to Expand Hydropower Generation, Battery Energy Storage, and Transmission</i><p><a href="https:&#x2F;&#x2F;www.energy.gov&#x2F;lpo&#x2F;articles&#x2F;doe-announces-15-billion-loan-guarantee-pacific-gas-electric-company-expand-hydropower" rel="nofollow">https:&#x2F;&#x2F;www.energy.gov&#x2F;lpo&#x2F;articles&#x2F;doe-announces-15-billion...</a>