With the ongoing government shutdown threatening millions of Georgia Tech’s federal dollars, the Midtown Atlanta school is bracing for financial impact.

It announced that if the shutdown continued past Monday, it was prepared to “significantly limit” certain purchases “to help slow expenditures and preserve cash.”

“While we remain hopeful that the U.S. government shutdown will end soon, it is a fluid situation and we need to begin to slow spending to preserve cash and maintain essential campus operations,” chief financial officer Kim Toatley said in a Friday news release .

Like other major universities, much of Georgia Tech’s research is funded through federal grants. But instead of being delivered in a lump sum, those federal awards are typically doled out in a series of payments ove

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