Update on May 11 , 2021: In addition to the two previous award amounts, ºìÌÒÊÓÆµ has been notified that we will receive a third allocation of 8,408,518 from the HEERF III Allocations for Public and Nonprofit Institutions under ARP section 2003(a)(1) for Student Aid Portion (CFDA 84.425E Allocation). ºìÌÒÊÓÆµ acknowledges that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used the applicable amount of funds designated under the CRRSAA and ARP (a)(1) and (a)(4) programs to provide Emergency Financial Aid Grants to Students. ºìÌÒÊÓÆµ will notify eligible students as soon as the funding distribution is decided. ºìÌÒÊÓÆµ expects to receive an additional $2,839,879 in 2021 plus the remaining $226,101 from 2020 to be awarded as Emergency Financial Aid Grants to Students. March 15, 2021: Spring 2021 awarding: $226,101 remaining from HEERF funding (CARES ACT) $2,839,879 the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) (HEERF II) The ºìÌÒÊÓÆµ Financial Aid Committee has allocated the spring 2021 funding in the following manner: FAFSA received, eligible and processed with a valid EFC as of January 25, 2021, meeting satisfactory academic progress and enrolled at ºìÌÒÊÓÆµ regardless of modality. EFC Payment 0 Zero $1200 <1000 $1100 <2000 $1000 <3000 $950 <4000 $950 <5000 $850 <6000 $800 <7000 $700 <8000 $550 <9000 $450 <10000 $300 >10000 $250 Student awards cannot exceed $6000 in aggregate. Awards posted to the student account and refunded accordingly. 4774 students qualified and were awarded HEERF II plus remaining CARES funding during Spring 2021 $3,065,706 funding spent. under II and remaining CARE ; Fall 2020- Final 1394 Students awarded - $1,831,132.50 September 12-30 - 2306 students invited to apply; 668 students awarded $1,010,573. October 5, 2020 - 1971 additional students invited to apply. November 24, 2020 - 1230 students awarded; $1,646,106. December 9, 2020 - 1335 students awarded; $1,760,020 Editorial Note: CARES ACT reporting also requires a quarterly and annual reporting for submission; this reporting has additional requirements including unique student awards and not the number of awards. The quarterly and annual reports are available through the Office of Budgets and Management Information. CARES Act FAQs ºìÌÒÊÓÆµ acknowledges that it signed and returned the federal Certification and Agreement to receive CARES Act funding on May 11, 2020 and agreed to use no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Grants to students. What is the CARES/Higher Education Emergency Relief Fund provided by the federal government? The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed by Congress and signed into law to provide economic relief from COVID-19. One section of the CARES Act established the Higher Education Emergency Relief fund and sent money to schools to use for emergency financial aid grants to students for expenses related to the disruption of campus operations due to the pandemic. When will CARES/Higher Education Emergency Relief Funds be available? ºìÌÒÊÓÆµ applied for funding from the federal CARES Act and once we receive that funding from the U.S. Department of Education, we will be able to rapidly start distributing grants to students based on their Estimated Family Contribution. These grants will be disbursed as soon as possible. Recipients will be notified via a message to their ºìÌÒÊÓÆµ email account. Who is eligible for the CARES/Higher Education Emergency Relief Funds? Students who meet basic eligibility criteria for federal financial aid and who have an EFC between zero (0) and 19,999 have been considered for these funds. The Financial Aid and Scholarship Committee will use Free Application for Federal Student Aid (FAFSA) data to determine your eligibility. Under U.S. Department of Education rules for the program, these funds can be awarded to undergraduate and graduate students pursuing degree programs and enrolled at the ºìÌÒÊÓÆµ. The student must have been enrolled Spring 2020. Unfortunately, the U.S. Department of Education does not allow these funds to be used for international students, undocumented students, non-matriculated students or students enrolled in distance-only degree programs or courses. Why didnâ€™t I receive a ºìÌÒÊÓÆµ CARES Act Relief Grant? Students who were not eligible to due a lack of processed, eligible EFC or the EFC was too high to be considered will not be awarded in the first disbursement. A subsequent disbursement may be possible depending upon the first distribution of funding for requests and valid submissions. Previous Awards: 3090 students were identified as eligible and offered an opportunity to apply. Subsequent offers made to 378 student employees and 61 residential students 2300+ students have applied. 1475 students have been awarded. $843,799 funding awarded. Will there be CARES funds for 2020-21? See update posted September 12, 2020.