CARES Act Disclosure
Carlow University has been awarded $671,858 for student emergency relief through the CARES Act. The University has signed and returned the Certification and Agreement form necessary to access the funds, and intends to use 100% of these funds to provide emergency financial aid grants to students, within one year of the application date. Funds may only be provided for student expenses related to the disruption of campus operations due to the coronavirus. Funds cannot be granted on need alone or due to financial loss because of COVID-19. Recipients must be chosen from among the 1,564 Carlow students who are fully eligible for federal financial aid.
The University awarded the emergency relief as follows: a) approximately $430,000 or 64% of overall allocation in direct grants to students from the initial application process, concluded May 17, 2020, b) approximately $94,000 or 14% of the overall allocation in direct grants to students in Round 2, which concluded June 4, and c) approximately $73,000 or 11% of the overall allocation in direct grants to students in Round 3, which concluded July 13. All grant payments were made directly to students and were not applied toward any outstanding balance on their student account. During the week of August 10, approximately $73,900, which represents 11% of the overall allocation, will be distributed to students whose initial request was not fully funded during Rounds 1 - 3.
These distributions generally represent grants for eligible students who were displaced from campus housing, likely had disruption to their planned expenses, and/or needed to purchase adequate supplies to continue their education, which were previously provided by the University. The students’ Expected Family Contribution (EFC) was also considered when determining eligibility and award amount in order to assist those with the greatest need.
The Application for Emergency Assistance could be completed by any Carlow University student. Students who did not qualify for CARES or did not receive the full request amount, were considered for funds from Carlow University Emergency Relief Fund.
Given the significant disruption in spring 2020, it is expected that students may need emergency funding in summer session and into the fall semester. Awards from the Carlow University Emergency Relief Fund will continue to be made as funding permits.