CARES Act for Students

Last Updated: October 9, 2020

On March 27, Congress approved the Coronavirus Aid, Relief, and Economic Security CARES Act. The CARES Act Emergency Financial Aid Grants to Students is federal legislation which provides funding to support those affected by the COVID-19 pandemic. These funds provide emergency grants directly to students.

CARES Act Higher Education Emergency Relief Fund (HEERF) Grant Application

Emergency funding through the CARES Act HEERF Grant is available for expenses that resulted in additional costs related to your participation in academic and college-related activities due to COVID-19. Please be aware that funding is limited and a valid 2020-21 Free Application for Federal Student Aid (FAFSA) submission is required for grant consideration. Applications will be processed as received until federal funds provided have been exhausted. Apply through: https://acelink.evansville.edu/HEERF/.

Students are strongly encouraged to enter their bank information (routing number and account number) through Web Advisor to ensure timely receipt of any grant funds disbursed. Do NOT enter debit card information.

Example check

FAQs

Do I have to repay a CARES Act grant?
These funds are a grant, not a loan. There is no requirement to repay the grant funds.
Will this funding reduce my financial aid?
This is a one-time grant that does not reduce financial aid.
How will the CARES grant impact my taxes?
As with all financial assistance, federal grants received will have separate and unique tax consequences for your individual federal tax return. Visit the IRS website for more information.
Where can I go if I have more questions?
If you have any additional questions, please email StudentFinancialServices@evansville.edu.
Ridgway University Center

Reporting data as of October 9, 2020

  1. The University of Evansville acknowledges that we have signed and returned the Certification and Agreement. UE will use no less than 50% of the funds as emergency grants to students.

  2. Total amount of funds we will receive or have received from the Department for emergency grants for students totals $840,826.

  3. Total amount of CARES Act emergency grant funds distributed to date is $656,445.

  4. The estimated total number of students eligible for Title IV aid and thus eligible for emergency grants for students is currently 1600.

  5. The total number of students who have received an emergency grant under the CARES Act totals 1,589.

  6. Grants were distributed in a tiered approach based upon the results of the 2019-2020 FAFSA submission and distributed to students who were registered in the Spring 2020 semester and eligible for Federal Title IV Financial Aid at that time. Additional grants were distributed for the Fall 2020 semester based on grant applications from students.

  7. Instructions related to the emergency grants are provided on the website and were sent in an email to eligible students.

CARES Act Institutional Share Expenditure Report

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