Your Guide to Undergraduate Financial Aid 2026–2027

Your financial aid award is based on your anticipated enrollment and living arrangements for the academic year, as reported to the Admissions Office. You must notify the Financial Aid Office of any changes in your enrollment and/or housing status. Most types of federal aid require that you enroll in a minimum of six credits, which is half-time status.

You must submit a Financial Aid Change Request form to the Financial Aid Office if your living arrangements change (e.g., you expected to live in the residence halls, but you will be commuting). These changes may result in the cancellation or adjustment of your awards.

Your eligibility for federal financial aid is determined by the information that you reported on the Free Application for Federal Student Aid (FAFSA). The FAFSA Submission Summary (FSS) you received from the federal processor is generated from the FAFSA. We recommend that you review your FSS carefully for additional information regarding any corrections you must make to your FAFSA, or required documentation you will need to submit to the Financial Aid Office to finalize your aid.

If you have been selected for the Federal Verification process, you will receive further guidance from our office. Your financial aid cannot be finalized until verification is complete. This process may result in changes to your aid. Verification documents need to be submitted as soon as possible in order to have your aid applied to your Fall 2026 bill.

Federal regulations require students to attend the classes for which aid is awarded. Eligibility for federal student aid is based on your enrollment status for the term in which you are enrolled. Faculty will record attendance within the first few weeks of a course. Attendance is defined by physical attendance or participation in an academically related activity such as submitting an assignment or participating in a group or online discussion.

Students who register for courses but do NOT attend or participate will be recorded as Not Attending. You may only receive funding for only those classes you attend. You will be administratively dropped from any course where attendance cannot be demonstrated and your financial aid will be re-evaluated accordingly.

Please visit Enrollment Verification for details.

Your Financial Aid Offer letter and the "Award Offer" tab of your Pace Portal show that your Cost of Attendance (COA), or maximum financial aid budget for the year, includes estimated educational costs. It allows students the option to borrow financial aid to assist in paying both billable (paid directly to Pace) and non-billable (books, travel, etc.) educational expenses.

Room charges will vary depending on room type, building, and/or the number of students in each room. The fees listed will also vary by program and course type. Any changes to your COA will result in changes to your aid eligibility.

For the Financial Aid Office to share information regarding your account with anyone other than yourself (the student), you must complete the Family Educational Rights and Privacy Act (FERPA) form. You must re-enter your username and password to access this form.

This is a Federal grant for students in pursuit of their first bachelor’s degree. Students are eligible for a maximum of six annual Pell awards or 12-semester payments.

To be considered for this Federal grant you must be Pell Grant eligible and have submitted your Free Application for Federal Student Aid by the FAFSA priority submission deadline for Pace University.

This is a state grant for eligible New York residents only. Your TAP award is estimated. To receive this grant, you must complete the Express TAP Application and must be a full-time student (minimum of 12 credits). You can complete the Express TAP Application electronically. If you have any questions regarding TAP, you may call the New York State Higher Education Services Corporation (HESC) at 1 (888) 697-4372.

To receive Pace Grant you must be full-time (12 or more credits) and demonstrate financial need. This award is applicable toward tuition for the fall and spring semesters only. To continue to receive the award beyond the first year, you must maintain full-time enrollment and meet satisfactory academic progress requirements.

To receive this award you must have filed your 2026–2027 Free Application for Federal Student Aid (FAFSA) by February 15, 2026. You must also be a full-time undergraduate student (12 or more credits). To continue to receive this award beyond the first year, you must maintain full-time enrollment and meet satisfactory academic progress requirements.

These scholarships/awards are applicable toward Pace tuition for the fall and spring terms only. You must maintain full-time enrollment (12 or more credits) for eight consecutive semesters. For more information pertaining to your specific scholarship, refer to your Award Agreement form.

Academic progress for scholarship/merit awards and financial aid eligibility is reviewed annually after the completion of the spring semester. Students who are not making academic progress at the close of the spring semester, but who take additional classes during the summer sessions at Pace, will have their academic progress reviewed again at the end of the summer, upon request, by submitting a Satisfactory Academic Progress Appeal Form. All financial aid recipients must maintain satisfactory academic progress and program pursuits as specified in the Pace University catalog to receive aid in subsequent years.

Visit our policy page for more information regarding the Satisfactory Academic Progress policy at Pace University.

Learn more about the payment plan options offered by Pace University.

Federal Student Loans

• The Direct Subsidized and Unsubsidized loans have a current interest rate of 6.53%.
• The amount of loan disbursed to your account will be reduced by an origination fee, which is currently 1.057%.
• Both of these rates are subject to change. Interest does not accrue on the subsidized loan until six months after you graduate or drop below half-time (six credits).
• Interest does, however, accrue on the unsubsidized loan while you are in school.
  • Quarterly statements from your loan servicer are provided, giving you the option to make interest payments while in school.

Visit the Federal Student Loans page of the Federal Student Aid Website for more information.