The Council for Higher Education Accreditation (CHEA) this week published a Policy Watch summarizing sweeping administrative moves inside the U.S. Department of Education that shift program responsibilities to other federal agencies. The department is detailing partnerships that hand significant K–12 and postsecondary grant administration to the Departments of Labor, Interior and Health and Human Services, a reorganization aimed at concentrating program expertise but raising questions about capacity and accountability. At the same time, the Committee for a Responsible Federal Budget warns the Pell Grant program faces a structural deficit: after a $10.5 billion one-time infusion Congress approved this year, analysts estimate an annual shortfall of $6 billion to $11 billion over the next decade. The shortfall is driven in part by the One Big Beautiful Bill Act’s expansion of Pell to short-term workforce programs — a cost CRFB says may exceed original CBO estimates. Together these developments signal immediate operational changes for campus compliance and long-term fiscal risk for student aid. Higher-education officials will need to track implementation details from multiple federal partners while planning for potential cuts or reallocation of institutional financial-aid strategies if Pell reserves continue to erode.