Students Facing Financial Impacts Of COVID-19 May Apply For Emergency Funds | CU Boulder today

CU Boulder received over $ 9.3 million in Coronavirus Aid, Relief and Economic Security (CARES) stimulus funds that the campus set aside for emergency grants for students facing financial hardship due to COVID-19.

Based on their particular circumstances, currently enrolled undergraduate and graduate students may be eligible for these emergency grants.

Applicants must be U.S. citizens or qualified non-citizens to apply and must have good academic standing, said Ofelia Morales, director of financial aid.

While some students may not be eligible for federal stimulus dollars, Morales nonetheless encourages all students facing financial hardship as a result of the pandemic to submit an application to see if they qualify for other types of grants. Grants range from a few hundred dollars to several thousand, depending on the applicant’s circumstances.

“These federal funds are being made available now to help our students through these difficult times,” she said.

Students eligible for CARES Act grants can use the funds to pay for food, accommodation, course materials, coronavirus-related medical expenses, child care, and other educational expenses. Grants must be paid directly to students, and the institution cannot apply the funds to student tuition bills, per federal law.

In total, CU Boulder is expected to receive more than $ 18.7 million in higher education Emergency Relief Fund stimulus through the federal CARES Act to support ongoing academic and research missions. university during the pandemic.

The campus is awaiting further information from the US Department of Education on when and how it will receive the remaining stimulus funding, but university administrators expect it to be available to cover the institutional costs associated with the significant changes to the delivery of education due to the coronavirus.

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