Cash flow problems at FEEA caused by the overwhelming demand for loans from furloughed federal employees have forced the organization to suspend giving out loans.
FEEA is running out of money due primarily to loans because of furloughs. Here is how to donate or to apply for a loan from the organization.
FEEA received a record number of aid requests in July, primarily from federal employees seeking relief from furloughs. The organization said that the donations it is receiving are not keeping up with the demand for loans.
With sequestration now in effect, the Federal Employee Education and Assistance Fund is bracing for an avalanche of requests about furlough assistance for federal families.