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Financial Aid

Updates Regarding The Federal Government Shutdown

Friday, January 25, 2019

A measure has been approved to temporarily reopen the federal government until February 15, 2019.

Tuesday, January 15, 2019

Congress and the Trump administration have failed to come to an agreement on a series of spending bills affecting certain agencies and programs. As a result, parts of the federal government have been shut down since December 21, 2018. We are anticipating minimal impact on students, staff and faculty, since Congress has already passed funding bills for approximately 75 percent of the federal government. However, we are closely monitoring potential disruptions that may impact the Pace community.

The Department of Education, which funds student aid programs, should not be impacted by the partial shutdown. It is unclear when Congress and the administration will come to an agreement to reopen affected federal agencies and departments. We will update this page as new information becomes available.

Federal aid funds (Pell Grants, Supplemental Educational Opportunity Grants, Federal Work Study, Federal Student loans and Federal Parent (PLUS) loans) are all being disbursed to student accounts on schedule and without interruption.

For students selected for the federal Verification process:

Typically, students rely on the Internal Revenue Service (IRS) for required documentation to complete the Verification process. However, the Department of Education recently advised schools that they could accept signed copies of parent's and student's tax returns, bypassing the IRS altogether. In addition, in lieu of the previously required IRS Verification of Non-Filing letter, a signed statement that an applicant did not file taxes in 2017 is acceptable documentation to complete the Verification process. There may be a few situations that require documentation from the IRS but we will work with students who are unable to get federal forms related to their financial aid due to the government shutdown.

Although the IRS has been affected by the partial government shutdown, the IRS Data Retrieval Tool (DRT), which electronically pulls income information from the IRS into the FAFSA, continues to be operational. In addition, as of January 14, 2019, the IRS Get Transcript online has been restored.

If you believe you are impacated by this IRS disruption, you may contact the Pace University Financial Aid Office for more information.