Information about CARES Act at ETSU
East Tennessee State University has begun to distribute $5.54 million provided by the Coronavirus Aid, Relief and Economic Security (CARES) Act for emergency relief to eligible students. The US Department of Education provided student eligibility criteria and guidance to institutions of higher education concerning the distribution of the federal CARES Act funds for both 2019-2020 and 2020-2021 aid years. Students are required to have established eligibility for Title IV funding to qualify and the funding formula sets aside at least 75% of the funds for students with federal Pell Grant eligibility. At the end of the spring 2020 semester, grants were distributed to students with the highest need based on the data provided on their Free Application for Federal Student Aid (FAFSA) for the 2019-2020 aid year. Recently amended eligibility guidelines for the 2020-2021 aid year again follow a need based model but do allow newly enrolled students in fall 2020 who meet requirements to be funded.
University staff in the Office of Financial Aid and the Bursar’s Office will process federal CARES Act grants to students who meet eligibility guidelines, as amended by the Department of Education, during the fall 2020 semester. Several thousand ETSU students were awarded federal CARES Act grants at the end of the spring 2020 semester under prior guidelines. Approximately 90% or more of the initial CARES Act funding will be disbursed directly to eligible students in the form of awards to address financial hardships as a result of COVID-19.
A portion of the initial CARES Act funding (10%) was made available for direct student emergency grant requests.
Students who did not qualify for federal financial assistance, or who may have needs related to food insecurity, housing insecurity, or other extenuating circumstances, should review emergency funding information related to the Buccaneer Student Crisis Fund.
For questions, contact CARESact@etsu.edu
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