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ULM Covid 19 CARES Act Relief Aid

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CARES Act Relief Aid Information

CARES Act Report, October 6, 2020

How ULM is Providing CARES Act Emergency Financial Aid Grants to Students

As part of the agreement ULM signed with the U.S. Department of Education, ULM pledged to use no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

A total of $2,888,882 has been designated for distribution to students in the form of Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.

ULM determined that 4,205 of its students were eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act. Based on the conditions established by the U.S. Department of Education the following groups of students are ineligible to receive CARES Act relief aid: (a) dual enrollment students; (b) students who were enrolled in a 100% online degree program; and (c) students who are not U.S. citizens or eligible noncitizens.

As of October 6, 2020, ULM has awarded $2,818,450 (or 97.56% of the total) in CARES Act Emergency Financial Aid Grants to 4,205 students.

ULM used three methods to distribute aid to students:

1. ULM provided $300 to every student eligible to receive federal student aid to cover expenses related to the disruption of campus operations that couldn't be easily documented. Beginning May 14th, $300 checks were disbursed to 4,154 students, totaling $1,246,200.

2. Students who were eligible to receive the standard $300 award could apply for additional CARES Act support through an application process. To be considered for additional CARES Act aid, the student had to provide supporting evidence to show they had COVID-related expenses/costs greater than what was covered by the $300 award. Covered expenses included food, housing, course materials, technology, health care, and child-care costs. A committee reviewed the applications to determine if additional aid was warranted. Based on the committee's recommendations, students received awards up to $750 in addition to their initial $300 aid, meaning the maximum amount that a student was able to receive is $1,050 ($750 + $300). A total of 1,442 students submitted applications for additional aid. Beginning June 2nd, ULM disbursed $403,750 to 1,093 students.

3. In late September 2020, ULM awarded additional CARES Act aid totaling $1,168,500 to current ULM students who were enrolled on March 13, 2020, the date that President Trump declared a COVID-19 national emergency. Because funds were limited, aid was distributed only to eligible students with the greatest financial need based on current financial aid information. A total of 2,125 students (428 graduate & 1,697 undergraduate) received aid of $250, $500, or $750. The distribution methodology appears below.

Undergraduate Student, Full-Time ($250, $500, or $750)

· $750: Pell Eligible (EFC = 0)

· $500: Pell Eligible (EFC > 0)

· $250: Not Pell Eligible (EFC < 12,000)

Undergraduate Student, Less than Full-Time ($250 or $500)

· $500: Pell Eligible (EFC = 0)

· $250: Pell Eligible (EFC > 0)

Graduate Student, Full-Time ($500)

Students who have questions about CARES Act relief aid should contact finaid@ulm.edu

 

Previous CARES Act Reports

CARES Act Report, August 19, 2020

CARES Act Report, June 9, 2020

 

Information Communicated to Students:

May 1, 2020 email to students

May 14, 2020 email to students

Main CARES Act Webpage (May 2020)

CARES Act Application Instructions (May 2020)

CARES Act FAQs (May 2020)

CARES Act Relief Aid Information Update (Sept. 21, 2020)

 

 

 

 

 

 

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