CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT EMERGENCY FUNDS
Updated May 14th, 2020
The recently enacted federal CARES Act provided money to colleges and universities for emergency student grants. The US Department of Education states only students who are Title IV eligible can be awarded CARES Act Emergency funds.
The purpose of the money is to award emergency financial aid grants to students for specific expenses that are a direct result of the disruption of campus operations due to the coronavirus. JPCatholic signed and returned to the Department of Education a Certification and Agreement, assuring that it will distribute the entirety of the funds as emergency financial grants to students in a way that prioritizes students with the greatest demonstrated need while ensuring the funds are distributed as widely as possible.
JPCatholic received $171,903 under section 18004(a)(1) of the CARES Act and will begin the distribution of the funds, starting May 25th, 2020.
The estimated total number of students at JPCatholic eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act is 190, of whom 78 are Pell eligible.
As of May 14, 2020, no students have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act.
Eligible students in their application for the emergency grant funding are asked to certify that they incurred eligible expenses in the allowable categories such as food, housing, course materials, technology, transportation, health care, and child care. Further, they certify that these expenses incurred meet or exceed the amount of CARES funding that they qualify for.
The method used to determine how much of a cash grant a student receives is:
- Pell Eligible residential students who lived at home Spring Quarter: $900/student
- Pell Eligible commuter students as well as residential students who lived at JPCatholic's Student Apartments Spring Quarter: $450/student
- Title IV but not Pell Eligible residential students who lived at home Spring Quarter: $700/student
- Title IV but not Pell Eligible commuter students as well as residential students who lived at JPCatholic's Student Apartments Spring Quarter: $350/student
JPCatholic's guidance to students concerning the Emergency Financial Aid Grants is found at: Qualification for funding under CARES Act