Over $1 BILLION in federal student aid fraud has been stopped since January 2025.
This is what was uncovered: 🧵
This is what was uncovered: 🧵
Nearly $90 million in fraudulent aid had already been disbursed.
More than $30 million went to individuals who were deceased.
More than $40 million went to bots posing as students.
More than $30 million went to individuals who were deceased.
More than $40 million went to bots posing as students.
Fraudsters used AI-generated identities and stolen personal information to create applications that appeared legitimate.
These were fake students enrolling to access real money.
These were fake students enrolling to access real money.
Under the Biden Administration, less than 1% of applicants were required to verify their identity, so scammers took advantage and stole taxpayer dollars.
Colleges and universities across the country reported being under siege by highly sophisticated fraud rings.
They called on the Trump Administration for help.
They called on the Trump Administration for help.
A nationwide identity verification effort launched and quickly exposed the scale of the problem.
Nearly 150,000 suspicious identities were discovered in just the first week.
Nearly 150,000 suspicious identities were discovered in just the first week.
Applications are now being flagged and stopped in real time, protecting taxpayer dollars and driving even more savings in the near future.
This year, crackdowns continue, going further, moving faster, and closing the gaps that allowed this to happen.
If you are trying to exploit federal student aid, you will be stopped. Understood?
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