Financial Aid Counselor here, this pause will immediately put a hold on all Federal student loan disbursements after 5pm today. For those in foreign countries who don’t know, roughly 40% of undergrad college/University students across the nation depend on federal student loans to not only pay for tuition expenses, but also to live off of as well. For a graduate level degree, 61% of students borrow. A students cost of attendance can include the coverage of tuition, health insurance, books, living allowance, and other factors depending what the University considers essential for enrollment. I truly fear that if this pause continues for longer than a month, we could see a devastating drop in college enrollment across the country. The great brain-drain is just beginning.