COVID-19 Financial Assistance

 

FAU Cares Act Reporting

1. An acknowledgment that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or 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.

FAU DOR

2. The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.

   $22,429,874

3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).

   $3,215,100

4. The estimated total number of students at the institution 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.

   Estimated 14,564

5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.

  4,593 students. $700 each student.

6. The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.

In order to receive emergency grant funding, eligible students must apply online through the FAU Cares application. Approved applicants will receive a cash payment through Direct Deposit (if established) or a paper check by mail. Applicants may be eligible for the grant if they meet all of the below criteria

  • Student must be currently enrolled for the spring 2020 semester as a degree seeking undergraduate or graduate.
  • Student must have completed a 2019-2020 FAFSA and meet all eligibility requirements for Title IV Financial Aid under Section 484 of the Higher Education Act.
  • Student must have completed a 2019-2020 FAFSA and meet all eligibility requirements for Title IV Financial Aid under Section 484 of the Higher Education Act.
  • Any student who was enrolled in an exclusively online program prior to the transition to remote instruction is not eligible to receive funds at this time.

Until May 15, 2020, priority consideration will be given to students with the most financial need as determined by the 2019-2020 FAFSA and the FAU Cares application. After May 15, grants will be disbursed to eligible applicants for as long as funds are available, assuming documented financial impact and a completed FAU Cares application. Completion of the FAU Cares application is not a guarantee of funding.

The University estimated that the average student would incur $706 of personal expenses during the period in which the university transitioned to remote instruction until the end of the spring semester. This figure is based on the most recent available Bureau of Labor Statistics data and components of the University’s existing 2019-2020 cost of attendance estimates for personal expenses. Rounding down from $706, the institution determined that each eligible student will receive a one-time flat payment of $700 to offset personal expenses incurred due to the disruption of campus operations. Per a statement issued by Secretary DeVos on April 30, 2020, these funds “may be used for grants to students for any component of the student’s cost of attendance.”

7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

FL BOG COVID-19 Financial Assistance

FAU COVID-19 Emergency Student Financial Aid

  • The following Email was sent to students who potentially would be eligible to this grant. It was also posted on the FAU COVID-19 Emergency Student Financial Aid website.

Subject: Apply Now - COVID-19 Emergency Cash Grant

Dear Students,

The Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act has provided institutions of higher education across the country with emergency cash grant funding for students who have been adversely impacted by the disruption of campus operations due to COVID-19. Following guidelines from the US Department of Education, Florida Atlantic University will disburse these cash grants to students who are most in need of financial relief due to the ongoing global pandemic. Qualifying students should review eligibility criteria and additional terms and conditions at 1w8p.zzx007.com/coronavirus/student-aid.

Grants will be awarded to additional recipients who apply until May 15, 2020, with prioritization according to FAU Office of Student Financial Aid records, including Pell eligibility, $0 estimated family contributions, and previously documented unmet need. After May 15, grants will be disbursed for as long as funds are available, assuming documented financial impact.

In order to receive this emergency grant funding, eligible students must apply online.