If you depend on federal student loans, Pell grants or another type of federal financial aid to pay for your tuition, you might be worried about the federal funding freeze that was announced and then temporarily halted on Tuesday.

The White House on Monday ordered a pause on federal grants and loans, according to a memo, but the Department of Education said the freeze will not affect student loans or financial aid for college.

Will student loans be impacted by Trump order to freeze federal grant and loan disbursements? Here's what we know so far.