Impact of Government Shutdown on Federal Financial Aid

 

As the United States House of Representatives and Senate try to reconcile their versions of a spending plan, the government is officially shutdown as of Tuesday, October 01, 2013.  The following information was provided by the Department of Education’s office of Federal Student Aid regarding the impact on federal financial aid processing and servicing centers:

“In the event of a closure of the federal government (more commonly referred to as a shutdown or furlough), there will be minimal impact on schools, lenders, and guaranty agencies and their ability to administer the Title IV Programs. While our federal offices would be closed during a federal government closure, the majority of our Title IV processors, contact centers, and Web sites will remain operational.” – James W. Runcie, Chief Operating Officer, Federal Student Aid

Customer Service Centers:

Most of the customer service contact centers will remain open. For complete information regarding the operational status of the various customer service contact centers, click here to access the document titled “Operational Status of Customer Service Contact Centers During Federal Government Closure.”

Applicant Processing:

Students and parents will still be able to access:

Institutional Processing: 

Franklin University will still be able to: