The CARES Act, a $2 trillion economic emergency aid package to limit the economic impact of the coronavirus pandemic, came into effect on March 27, 2020. On 9 April 2020, the Ministry of Education (ED) published the first guidance on the funding of the CARES Act. These provisions refer exclusively to Section 18004(a)(1) (Formula Fund), which is used to provide emergency financial assistance to students. The University of Utah certified the CARES Higher Education Emergency Relief Certificate of Agreement and returned it to the U.S. Department of Education for funding. We received the Grant Award Notification P425E200119 from the U.S. Department of Education. No less than 50% of the funds received under Section 18004(a)(1) of the CARES Act are devoted to the provision of emergency financial grants to students. Applications for financial relief grants are reviewed in order of response. All applications must be received by Friday, May 8, 2020 to be eligible for assistance. Funding is no longer guaranteed after the May 8 deadline expires.
To obtain your scholarship, please complete the opt-in certification that has been added to your Student Hub Task Center until May 18. Once you have completed this certification, you will receive an email in which you will confirm your grant amount and the next steps to obtain the funds. Would this funding reduce my financial support? No, this fund does not deny or replace any financial assistance, and it is a one-time grant. USF has received $3.6 million in federal emergency funding from the Coronavirus Aid, Relief, and Economic Security Act (CARES) to provide financial assistance to our students. These one-time grants can be used to cover direct education expenses, such as books or computers, or other related expenses, including housing, health care, food, or childcare expenses during this pandemic. How can students benefit from funding under the CARES Act? Institutions are required to sign and return the funding certificate and agreement: grants.gov recognize the funding conditions. Once the department has received the certificate, institutions can benefit from their emergency assistance through the department`s G5 system. While the Ministry of Education provides some financial support, the needs are unprecedented and enormous. Coronavirus Aid, Relief, and Economic Security (“CARES”) (“CARES”) provides funding to universities and universities through the Higher Education Emergency Relief Fund (“HEERF”). To fulfill reporting obligations, the University of San Francisco provides information on the use of these funds. The University of Utah recently received funding.
We work quickly to distribute financial grants to students according to their legitimacy and needs, while ensuring compliance with the payment and reporting obligations of the Ministry of Education. What is the CARES Act Higher Education Relief Fund? The University of Utah is receiving $US 9,362,665 to provide emergency financial grants to our students whose lives have been disrupted by the coronavirus and are facing financial challenges. . . .