will government shutdown affect college refunds?
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The good news is that the shutdown has not currently affected your eligibility to qualify for any new federal financial aid. ... Your FAFSA will still be processed, and almost all of the Department of Education financial aid websites are still up and running.
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First disbursement will occur approximately 30 days after the beginning of the semester. If tuition, fees and bookstore charges are greater than the first disbursement, the student will not receive a refund until the second disbursement of financial aid is received.
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The shutdown will not affect some of the most politically charged health care programs, including ones created by the Affordable Care Act. Subsidies for people who get their health insurance through healthcare.gov or state marketplaces will not be affected, according to HHS.
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Regardless, the government shutdown will have a negative impact on the real estate market. Even if you aren't applying for a government loan, your application could directly be impacted. ... Lenders that underwrite these loans would be on the hook for the entire loan amount and unable to sell in the secondary market.
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How Does the Government Shutdown Affect My Disability Claim? ... While the shutdown will limit the services that the Social Security Administration (SSA) will offer, the good news is they will continue to make payments as scheduled. The SSA will remain open for the following functions: Applications for benefits.
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Impact on FAFSA and Federal Student Aid Call Centers Currently, there is no impact to filing the FASFA for financial aid purposes as the government has been fully funded for the 2019 year. ... Call your servicer for any questions regarding the government shutdown.
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It is important to remember that ultimately this shutdown will only delay active collections by the IRS. Additionally, it does not mean your debt is forgiven or that you are relieved from making payments or filing back tax returns.
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Potential Effects on Existing Contracts A government shutdown also could result in the termination of a contract under certain circumstances. For example, when additional funds are not obligated after a funding limit is reached under a cost- reimbursement contract, the contract potentially could be terminated.
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The good news is that the shutdown has not currently affected your eligibility to qualify for any new federal financial aid. This would include any Federal Pell Grant, FSEOG, or Direct student loans. That specific pot of money is still flowing. ... So yes, your student loan payments are still due.
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USCIS and the NVC are funded by applicant fees and therefore should not be significantly impacted by the government shutdown. However, there might be a slight delay in processing times due to low staffing levels. ... Passport processing will stop due to the shutdown.
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Additionally, credit unions may offer payment flexibility for existing loans to federal employees affected by any shutdown. NCUA operations are not funded through congressional budget appropriations. Therefore, NCUA will continue to operate business as usual in the event of a shutdown.
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In the event of a Federal government shutdown, Federal employees may be eligible for Unemployment Compensation for Federal Employees (UCFE). ... The program is operated under the same terms and conditions that apply to regular state UI.
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Refunds for the Parent Loan for Undergraduate Students (PLUS) may be sent to the parent borrower or to the student, depending on the institution's regulations. Paper financial aid refund checks will be mailed to the student's current address on file with the college or university.
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Any government shutdown may have a significant effect on the operations of your credit union, especially for credit unions primarily serving federal employees. You should therefore prepare to respond to members' questions and their financial needs in the event of a closure of the federal government.
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En español | The IRS said Monday it will begin processing tax returns on Jan. 28 and pay refunds as scheduled, despite a partial government shutdown now in its third week. Financial experts have said that taxpayers should prepare to file returns even during the shutdown, knowing that refunds could be affected.
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Is the federal government shutdown going to impact my child support? The short answer is Maybe. ... Bottom line, if there is no money coming in from the paycheck then there will not be any money sent to anyone expecting a payment, in this case child support.
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Does the partial federal government shutdown affect my cash benefits (Temporary Assistance for Needy Families) benefits? No. There will be no changes to cash program benefits, including TANF, IDA, GC and RCA. Cash payments will be made during the normal schedule.