For Continuous Updates:

On the evening of 9/30 Federal agencies were instructed to shut down by the Office of Management and Budget. Congress remained deadlocked over how to pass a Continuing Resolution (CR) that would enable the Government to stay open while a final FY 14 budget is negotiated. It is not clear how long the shutdown will last.

The current disagreement centers on whether a CR will provide funding to implement the Affordable Care Act, as well as what level of additional cuts will be made to programs as part of year 2 of sequestration.  Further complicating negotiations, the Treasury Department has notified Congress that the debt limit will be reached no later than October 17th.

In addition to tens of thousands of government employees being furloughed, with respect to federal research programs, the following impacts will be felt:

  • No additional funding (new awards) will be sent out
  • Routine administrative support services are not available
  • Fastlane will not accept any proposal submissions
  • will accept and store proposal submissions but not process them
  • DoD's Congressionally Directed Medical Research Program (CDMRP) will accept submissions
  • Spending of funds from prior awards will be possible though draw-down to reimburse the institution cannot happen until the systems open again
  • The eVerify system is not available

Regarding the Department of Education and student financial aid, the immediate impact will be mixed.  Funding for Pell Grants and loan programs will be paid out.  However, campus based aid programs, such as SEOG and will not. Furthermore, there is no immediate cause for concern regarding work-study. The program can keep operating, the impact is to the flow of cash to the institution only. We are reviewing the situation, but based on the typical timing of cash flow for the program, there is no short-term concern.

We will update you as developments warrant.  Please let us know if you have any questions.

November 7, 2013

October 22, 2013

October 18, 2013

October 17, 2013

October 3, 2013

October 1, 2013

September 30, 2013

September 27, 2013

September 26, 2013

September 25, 2013

September 23, 2013

September 17, 2013