CARES Act Student Funding
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress with overwhelming, bipartisan support and signed into law by President Trump on March 27, 2020. The CARES Act provides stimulus and financial support to many sectors of the economy, including higher education.
Gratz College, under the CARES Act, received funds to provide emergency grants to students with unforeseen emergency expenses related to the disruption of campus operations due to COVID-19.
Students enrolled in a degree program are eligible, but must submit a 2020-2021 FAFSA. Students must also meet federal aid eligibility criteria, including but not limited to:
- Being a U.S. citizen or eligible non-citizen (i.e. permanent resident or conditional permanent resident).
- Having a valid Social Security number
- Having a high school diploma, GED, or completion of high school in an approved homeschool setting.
- Being degree-seeking.
- Must be enrolled in the term for which they are seeking assistance.
- Cannot be in default on federal student loans.
- Being registered with Selective Service, if male.
- Meeting Satisfactory Academic Progress.
- Cannot exceed aggregate loan limit or Pell Grant lifetime usage.
- Cannot owe an overpayment on federal aid programs.
Additionally, students enrolled in an online program of student are not eligible.
Funding is limited, and applications will be reviewed based upon request. Gratz College will evaluate applications to determine whether other forms of assistance may apply for students who are not eligible for CARES Act funding.
You can apply for the CARES Act Emergency Financial Aid Grants here.