1. The University of Louisville signed and returned the ‘Recipient’s Funding Certification and Agreement’ for the Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act on April 10th, 2020.
2. The University of Louisville will receive $6,239,395 under Section 18004 (a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. This amount represents 50% of the University of Louisville’s total allotment under the legislation.
3. As of May 7th, 2020, $2,158,674 has been distributed to students.
As of May 14th, 2020, $3,813,112 has been distributed to students.
As of May 28th, 2020 $5,764,619 has been distributed to students.
4. The University of Louisville estimates over 12,000 students are currently eligible to participate in programs under Section 484 in the Title IV of the Higher Education Act of 1965.
5. As of May 7th, 1,385 students have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act.
As of May 14th, 2,182 students have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act.
As of May 28th, 3,088 students have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act.
6. The University of Louisville’s methodology for distributing funds under the CARES Act:
All students at the University of Louisville were able to apply for funds through the Student Financial Aid Office’s website. The application collected the following information: (1) Time of Application, (2) UofL Student ID Number, (3) Name, (4) UofL Email Address, (5) Confirmation of current UofL student enrolled in spring 2020 coursework, (6) Confirmation student incurred expenses related to the disruption of UofL campus operations due to coronavirus including eligible expenses associated with cost of attendance such as food, housing, course materials, technology, health care, and child care, Estimate of incurred expenses, and (7) Confirmation of information by confirming Student ID.
Applications were evaluated to confirm eligibility.
Eligible students were awarded an award ranging from $250 - $3,000. No student was awarded more than the expenses incurred as reported on their application. Pell eligible students received a maximum award of $3,000. Undergraduate students with an Expected Family Contribution under $20,000 received a maximum award of $2,500. All other students (to include graduate and professional students) received a maximum award of $2,000.
7. Prospective applicants were sent the following communication:
The impact of the COVID-19 pandemic on our university, city, state and nation has created a great deal of uncertainty and has presented all of us with unanticipated challenges. In an effort to help students manage emergency situations during this crisis, the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act has provided universities nationally with a pool of funds. The University of Louisville will receive roughly $6 million in CARES funds for students and will work to distribute the funding in a fair, equitable and efficient manner.
To meet statutory requirements, CARES Act Student Emergency Grants are reserved for current students that need assistance with expenses related to the disruption of campus operations. Eligible expenses include food, housing, course materials, technology requirements, child care, or any cost that was incurred as a result of the disruption to campus operations. Lost wages or income are not qualifying expenses under the provisions as we currently understand them. Students that were enrolled exclusively in on-line courses at the time of the disruption are not eligible for emergency financial aid grants through this process. Also, only students who are eligible to participate in federally funded financial aid programs may receive emergency financial aid grants through this process.
Applicants will receive an eligibility status update via university email after applications are fully evaluated. UofL CARES Act Student Emergency Grants will be disbursed to eligible students on a rolling basis beginning in early May until funds are exhausted. Students in need of financial support for expenses supported by the CARES Act are encouraged to apply as soon as possible. Visit the Student Financial Aid Office’s websiteand click’Apply Now’ to submit an application.
If you have any questions about these funds or the application process, please contact the Student Financial Aid Office at email@example.com. The Cardinal family will get through this crisis together.
Beth A. Boehm
Executive Vice President and University Provost