On Jan. 27, the federal Office of Management and Budget temporarily paused federal grants, loans and other financial assistance programs. OMB issued additional guidance clarifying that the only programs subject to the pause are those related to the listed presidential executive orders, and that programs including federal student loans and Pell Grants would not be affected. In a statement today, President Drake said that UC leadership is “working diligently to clarify the potential impacts” of the funding pause. “During such challenging times, we remain committed to our students, staff, faculty, patients, and one another,” Drake said. “This is an uncertain time for many and while we don’t yet know what lies ahead, we remain steadfast in our values, our mission, and our commitment to caring for and supporting our entire community.”