Knowledge Alliance (KA) warns that an estimated $289 million (36%) of Fiscal Year (FY) 2025 funding for the Institute of Education Sciences (IES) is at risk of expiring by September 30, 2026. According to a KA memo analyzing federal education research spending, federal budget data shows that the lapse could occur because the Office of Management and Budget (OMB) has not apportioned funds to IES programs, and the most recent IES education spend plan does not indicate an intent to obligate these funds for federally authorized education research. The analysis also finds that OMB’s delays in allocating funds have left key investments in research, data collection, and technical assistance uncommitted. Specifically, the memo notes, programs supporting special education research via the National Center for Special Education Research are among the most affected, raising concerns about gaps in evidence on how to better serve students with disabilities. It cautions that “without timely competitions and new awards, the pipeline of evidence dries up,” potentially limiting innovation and weakening support for students who rely on targeted interventions and services.