Officials said the decision to halt loans and grants was necessary to ensure spending complies with recent executive orders.

The Trump administration has put a hold on all federal financial grants and loans, affecting tens of billions of dollars in payments.

The freeze on hundreds of billions of dollars of federal grants had been temporarily halted by a judge on Tuesday.

The new memorandum, just two sentences long, will allow agencies to continue their normal operations after uncertainty over the impact of the initial directive caused widespread chaos across government. It followed a temporary injunction by a federal judge that prevented the original Office of Management and Budget memo from taking effect.

A temporary freeze imposed briefly this week by the White House on federal grants and loans left many students wondering about the impact to the FAFSA form used to apply for financial aid. President Donald Trump's administration on Wednesday rescinded the memo freezing spending.

A federal judge temporarily blocked President Donald Trump's freeze of federal funding. Will Medicare, Social Security or Medicaid be affected? Here's what to know.

The Trump administration ordered a temporary pause on federal grants, loans and financial assistance. What we know so far about the order.

Here's where things stand with funding for SBA loans, federal contracts, and other programs as White House doubles down on federal freeze.

Fox News senior White House correspondent Jacqui Heinrich reports on the Trump administration’s decision to rescind its freeze on federal grants on ‘America Reports.'

U.S. President Donald Trump on Wednesday said a temporary freeze on certain discretionary spending announced by his administration a day earlier was meant to give time to the government to identify instances of improper spending.