CARES Act Student Emergency Grants
From: Marion Ross Fedrick, President
Shawn McGee, Vice President for Administration and Fiscal Affairs
To: Students, Faculty, Staff, and Parents
Date: May 5, 2020
RE: CARES Act Student Emergency Grants
Albany State University has received $2,568,544.00 from the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to assist students financially as a result of the Coronavirus (COVID-19) pandemic. Students who meet the following eligibility requirements will receive a grant in the amount of $645 for the 2019 – 2020 academic year.
Who will be eligible to receive CARES funds?
Grant assistance from the CARES Act is available to students who are eligible to participate in Title IV Financial Aid programs. In order to receive any CARES emergency grant, you must have filed a Free Application for Federal Student Aid (FAFSA) for the 2019-2020 academic year. If you have not filed a FAFSA, you have up to June 30, 2020 to do so and be considered for the grant.
Students who have filed a FAFSA must have an Institutional Student Information Record (ISIR) that is free of any flags or outstanding requirements to satisfy verification that would prevent you from being awarded Title IV aid.
The CARES Act also stipulates that funding from this program is not available to students who were enrolled exclusively online prior to or on March 13, 2020, the date of President Trump’s Proclamation, “Declaring a National Emergency Concerning the Novel Coronavirus Disease (COVID-19) Outbreak.”
Students who have been convicted of certain drug crimes while enrolled, and are ineligible to receive future Title IV aid, are not eligible for funding under the CARES Act.
Under these criteria, the following students are not eligible to receive funding from the CARES Act funding:
- Those who are not or could not become eligible for Title IV Financial Aid
- Fully online students as of March 13, 2020 or prior
- Dual Enrollment students
All students who meet the eligibility requirements will receive $645 in emergency grant assistance.
Grant funds will be placed on student accounts and not applied against any charges a student may have. Students do not need to apply for emergency grant assistance unless they have not completed a 2019-2020 FAFSA.
When will students receive the Emergency Grant Assistance?
The Bursar’s Office will begin to post eligible students’ emergency grants to the student accounts by May 7, 2020. Students that are eligible, and have opted for electronic refunds, should expect to receive their refund within 7 days. Students that have opted for paper check will see their refunds processed on their student account within 7 days, but their checks will be mailed and therefore students should anticipate a delay.
Quarterly Budget and Expenditure Reports