Federal Daily News
Assistance for furloughed feds running dry
- By FederalDaily Staff
- August 29, 2013
The Federal Employee Education and Assistance Fund said it likely will have to stop providing loans to furloughed employees next week as funding hits bottom.
"With more than $330,000 out the door so far to furloughed feds, FEEA's budget has been stretched to the max," the organization said in a statement.
FEEA said it has helped 550 employees from 41 states who were furloughed from the Internal Revenue Service, Environmental Protection Agency, Equal Employment Opportunity Commission, Department of Housing and Urban Development and Labor Department, as well as the Defense Department, and the Departments of Army, Navy and Air Force.
FEEA said it still has several hundred applications in the wings, with more coming in. The organization said it has been able to continue to provide emergency loans to cash-strapped feds this week only because of donations it received from a number of major insurance companies that serve federal workers.
"This is a difficult time for all federal employees," FEEA said, "but especially for those who have experienced furloughs on top of other setbacks. We hear new stories every day of feds who have had LWOP for medical reasons in addition to furlough days or were already behind on bills due to a child's illness or a divorce. Others have spouses who have lost their jobs or are the only breadwinners in multi-generational family units."
FEEA is soliciting donations on its website to help it continue to provide the loans to struggling feds.