CARES/Higher Education Emergency Relief Funds
What is the CARES/Higher Education Emergency Relief Fund provided by the federal government?
The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed by Congress and signed into law to provide economic relief from COVID-19. One section of the CARES Act established the Higher Education Emergency Relief fund and sent money to schools to use for emergency financial aid grants to students for expenses related to the disruption of campus operations due to the pandemic. The CARES Act is to provide Emergency Financial Aid Grants to students for expenses related to the disruption of campus operations due to coronavirus including eligible expenses under a student’s cost of attendance. CARES funds must be used to provide funds directly to students to cover expenses related to the disruption of campus operations due to coronavirus such as food, housing, course materials, technology, health care and child care.
Where does the CARES Act money come from?
The United State Senate and Congress passed a $2 trillion coronavirus response bill to assist and relieve the American economy. The CARES Act provided $14.25 billion in emergency aid to relief institutions of higher education. At least 50% of the funds will be used as emergency aid for students who are in need. The emergency aid provided by the federal government can include anything under a student's cost of attendance. For an institution to be eligible to receive and use funds, they will need to sign and return the certification and agreement form and that the institution has used, or intends to use the funds to provide the mandated amount of at least 50% of the emergency financial aid grants to students. Texas State Technical College has signed and returned the certification and agreement form on April 21, 2020.
Texas State Technical College has received a total of $9,965,155 with $4,982,578 to be used as emergency relief for students who are eligible.
As of 5/17/2020 TSTC has disbursed $2,178,932.00 to 2,177 students.
Currently, TSTC estimates that 6550 students are eligible to receive assistance from the CARES Act.
When a student applies for aid, an Advocacy and Resource Center (ARC) Coach will contact the student. The ARC Coach identifies what local resources the student may qualify for and then identifies what the student's actual need is, and then either approves the amount requested or makes an adjustment to the requested amount.
Are there other funds to help students?
Texas State Technical College does offer additional support to students through the TSTC Foundation, private donors, federal, state and institutional grants. TSTC cares for its students and will do all it can to help them during this difficult time. Students may apply for aid from the CARES Act and other support through this application: http://bit.ly/TSTCemergencyaid
What does the funding cover?
The following is a list of expenses that can be considered for grant assistance if they were "related to the disruption of campus operations due to the coronavirus."
Who is Eligible?
Students who meet all criteria below are eligible to apply:
Students must be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965
Apply here: http://bit.ly/TSTCemergencyaid
Additional questions can be answered Student Frequently Asked Questions:
Updates and notifications from the CARES Act: