In the 2020-2021 and 2021-2022 academic years, the CARES Act provided funds to institutions of higher education to provide students with emergency financial aid grants to help cover expenses related to the disruption of university operations due to coronavirus. Details about this how this program worked at Western Colorado University are available below.
Required CARES Act Reporting
1. Western Colorado University received an additional allocation from the Department of Education from Section 2003(a)(1) of the ARP to provide Emergency Financial Aid Grants to students.
2. The total amount of the funds that Western Colorado University received pursuant to the Certification and Agreement is $4,547,594 of which $3,444,271 was to be utilized for Emergency Financial Aid Grants to Students. It was expected that Western Colorado University would be able to assist 2,000+ students with these funds.
3. As of the reporting date, Western Colorado University has issued $3,444,271 to over 2,000 students.
How did students receive this money?
Western Colorado University received an additional allocation from the Department of Education from Section 2003(a)(1) of the American Rescue Plan to provide Emergency Financial Aid Grants to those financially impacted by COVID. Western Colorado University distributed these funds based on financial need as demonstrated through FAFSA and calculated Estimated Family Contribution (EFC). Funds were used by students for any component of their cost of attendance or for emergency costs that arose due to coronavirus, such as tuition, food, housing, health care (including mental health care) or child care.
Students with an EFC from 0 to 5846 with a COVID hardship will receive $2,000 total – $1,000 each semester (increased to $1,500 – Spring ’22);
Students with an EFC from 5847 to 14615 with a COVID hardship will receive $1,000 total – $500 each semester (increased to $1,000 – Spring ’22);
All remaining students with a COVID hardship will receive $500 total – $250 each semester (increased to $500 – Spring ’22).
The window to claim your HEERF Grant ended Tuesday, February 15, 2022.
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