Current Students

Satisfactory Academic Progress

As an undergraduate student your academic progress is reviewed at the end of each school year. You must meet satisfactory academic progress requirements if you are the recipient of any of the below Federal or institutional programs.  Visit our Satisfactory Academic Progress (SAP) web page for the current rules and regulations.

Federal Aid Programs:

  • Federal Pell Grant
  • Federal Supplement Educational Opportunity Grant (SEOG)
  • Federal Work Study (FWSP)
  • Federal Perkins Loan (formerly NDSL)
  • Federal Direct Loan (both subsidized and unsubsidized)
  • Federal PLUS (parent loan for undergraduate students)

Pace Financial Aid Programs:

  • Pace Grants
  • Pace Awards
  • Pace Scholarships
  • Pace Tuition Remissions
     

Renewal Instructions

All students should apply annually for financial aid. The priority deadline for filing the FAFSA is February 15.

  • You may file the FAFSA on the web at www.fafsa.ed.gov. You and your parents (if applicable) can electronically sign the FAFSA online if you have your individual PIN numbers, which can be requested from the FAFSA website.
  • Check your FAFSA or Renewal Application to confirm that it contains Pace University's federal code for your campus. The New York City campus code is 002791; the Westchester campus code is 002792.
  • Four to six weeks after filing the FAFSA the Federal Processing Center will send you an electronic Student Aid Report (SAR). It is essential that you read the comments, check the data, and follow all instructions.
  • Look for your Pace University Award Notice by June (the Office of Financial Aid may request additional documentation, such as signed copies of your tax returns). You must accept, sign, and return your Award Notice to the Office of Financial Aid as soon as possible.

Extenuating Financial Circumstances

If you or your parents are experiencing extenuating financial circumstances, such as: unemployment, medical expenses not covered by insurance, day care costs, elder care or private tuition for elementary or secondary education costs, we may be able to assist you. The U.S. Department of Education permits financial aid administrators to exercise professional judgment to assist students and families who are experiencing exceptional financial hardships. The Free Application for Federal Student Aid (FAFSA) asks for prior year's income information to determine a student's financial need. Your family's current financial status may warrant replacing last year's information with current year's income projections. Fortunately, with proper supporting documentation, we may exercise some authority in making some appropriate changes that reflect your family's true financial status.

Please visit a financial aid counselor on your home campus or call us at (877) 672-1830 to discuss your personal circumstances and receive guidance on maximizing your financial aid.