Money for Furloughed Feds Is Running Out

Neveshkin Nikolay/Shutterstock.com

The organization that has helped cash-strapped furloughed feds is running out of money.

The Federal Employee Education and Assistance Fund, which provides emergency no-interest loans, natural disaster grants and scholarships to needy federal workers, will have to stop handing out new furlough loans to employees next week unless they receive more donations, according to the organization. The nonprofit group has made more than 550 furlough-related loans since May 1, totaling more than $320,000. FEEA has provided more than $457,000 in total emergency loans to 800 feds since May.

By comparison, the group had a record year in fiscal 2012, giving out about $600,000 in total loans to 1,000 federal workers. FEEA has an annual budget of $1.5 million.

As furloughs kicked in this summer because of sequestration, the nonprofit’s work has continued at a rapid pace, said Robyn Kehoe, director of field operations.

FEEA, which has been around since 1986, has provided financial assistance to federal employees after several major natural disasters, including Hurricane Katrina in 2005 and after the 9/11 terrorist attacks and the 1995 bombing of the Alfred P. Murrah Federal Building in Oklahoma City.

Donations can be made to the organization via credit card on FEEA's website at http://www.feea.org/Give. Donations via check made out to “FEEA” may be sent to: FEEA Headquarters, 3333 S. Wadsworth Blvd., Suite 300, Lakewood, CO 80227.

(Image via Neveshkin Nikolay/Shutterstock.com)

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

    Download
  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

    Download
  • Federal IT Applications: Assessing Government's Core Drivers

    In order to better understand the current state of external and internal-facing agency workplace applications, Government Business Council (GBC) and Riverbed undertook an in-depth research study of federal employees. Overall, survey findings indicate that federal IT applications still face a gamut of challenges with regard to quality, reliability, and performance management.

    Download
  • PIV- I And Multifactor Authentication: The Best Defense for Federal Government Contractors

    This white paper explores NIST SP 800-171 and why compliance is critical to federal government contractors, especially those that work with the Department of Defense, as well as how leveraging PIV-I credentialing with multifactor authentication can be used as a defense against cyberattacks

    Download
  • Toward A More Innovative Government

    This research study aims to understand how state and local leaders regard their agency’s innovation efforts and what they are doing to overcome the challenges they face in successfully implementing these efforts.

    Download
  • From Volume to Value: UK’s NHS Digital Provides U.S. Healthcare Agencies A Roadmap For Value-Based Payment Models

    The U.S. healthcare industry is rapidly moving away from traditional fee-for-service models and towards value-based purchasing that reimburses physicians for quality of care in place of frequency of care.

    Download
  • GBC Flash Poll: Is Your Agency Safe?

    Federal leaders weigh in on the state of information security

    Download

When you download a report, your information may be shared with the underwriters of that document.