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The Trump administration is looking to cut the State Department’s budget by almost half, and educational and cultural exchange programs, like the Fulbright scholarship, could be fully eliminated as a result, The Washington Post reported Monday.

An internal memo, obtained by the Post, suggested that the department may only have $28.4 billion to spend next fiscal year to cover all of its staffing and operations and to share with the U.S. Agency for International Development, an independent agency that Trump has already tried to eliminate. That’s $27 billion, or 48 percent, less funding than the two groups received in fiscal year 2025.

The proposed budget cuts would terminate the Fulbright scholarship, a highly selective cultural exchange program established by Congress in 1946, along with the State Department’s other educational and cultural programs. The president has yet to propose his budget for fiscal year 2026 to Congress, though he’s expected to do so later this month, the Post reported. Congress, by law, has the final say about which programs get funding.

Fulbright funding and operations have already been in flux during the early days of the Trump administration as some participants have struggled to obtain their visas for next academic year and others are waiting on stipend funds that had been promised to get them through the current term, Inside Higher Ed has reported.

The State Department did not respond to the Post’s request for comment.