Wilkes University

CARES Act Reporting

On March 27, 2020, the President of the United States signed the Coronavirus Aid, Relief and Economic Security (CARES) Act (H.R. 748), which provides emergency relief funds to organizations and individuals affected by the coronavirus pandemic. The Higher Education Emergency Relief Fund (HEERF), found in Section 18004 of the CARES Act, provides funding to institutions of higher education “to prevent, prepare for, and respond to coronavirus.” This report provides details on the first award Wilkes University received under the HEERF, the funds for Emergency Financial Aid Grants to students.

Certification

Wilkes University signed and returned to the Department of Education the Certification and Agreement on April 13, 2020. Wilkes will used no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

Award

Wilkes University will receive a total of $2,403,446 under Section 18004(a)(1) of the HEERF. At least $1,201,723 will be distributed directly to students impacted by campus disruptions due to the Coronavirus. These funds being from the Department of Education and pursuant to our Certification and Agreement for Emergency Financial Aid Grants to Students.

Notification to Students

On May 21, 2020, the University emailed a notice to all students concerning the availability of the emergency grants, the eligibility requirements, and how to apply for funds.

Student Eligibility

Grants distributed to students under Section 18004(a)(1) of the CARES Act as of June 15, 2020

Total amount of funds Wilkes has received for Emergency Financial Aid Grants to students

$1,201,723

Total amount of Emergency Financial Aid Grants distributed to students

$638,824

Estimated total number of students eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965

2336

Total number of students who have received an Emergency Financial Aid Grant

499

 

Method Used to Determine Students Eligibility

In order to be considered, in addition to the formal CARES Act Student Application for Emergency Aid, a student must submit a Free Application for Federal Student Aid (FAFSA). The FAFSA will be used to establish Title IV eligibility and to calculate an Expected Family Contribution (EFC). Preference for funding will be given to students whose EFC meets the federal Pell Grant or PA State Grant definition of financially needy. (The PA State Grant definition will also be applied to non-PA. residents). Awards will range from $100 to $6195 per eligible student.

Information for Students

Instructions, directions, guidance and the application provided to students regarding the Emergency Financial Aid Grants can be found HERE.


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