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CARES Act Emergency Financial Aid Grants to Students

The University has signed and returned to the Department of Education the Certification and Agreement for the Higher Education Emergency Relief Fund – Emergency Financial Aid Grants to Students. This agreement allowed for the University to receive CARES Act funding that will be disbursed to Eligible Students to assist with expenses caused by the disruption of campus due to the coronavirus. Therefore, the University intends to use no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. The total amount received for Emergency Financial Aid Grants to Students is $1,398,399 and will completely distributed to eligible students within one year that the University received the funding (April 25, 2020). An estimated total of 1,413 on-campus undergraduate students were 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 to students under Section 18004(a)(1) of the CARES Act.

Initial 30-Day Fund Report
As of May 25, 2020 the University has disbursed a total of $1,224,205 to the 1,413 eligible on-campus undergraduate students.

Subsequent 45-Day Fund Report
As of July 9, 2020 the University has disbursed a total of $1,305,355 to the 1,413 eligible on-campus undergraduate students.

Subsequent 45-Day Fund Report
As of August 23, 2020 the University has disbursed a total of $1,370,704 to the 1,413 eligible on-campus undergraduate students.

Eligibility and Matrix Guidelines
CLICK HERE for Institutional Policy on the distribution of Emergency Financial Aid Grants to Students.

Communication to Eligible Students
CARES Act Funding – Residential Students
CARES Act Funding – Commuter Students
CARES Act Funding – Additional Funding

Press Release
CUMBERLANDS DISTRIBUTING CARES ACT FUNDING TO STUDENTS