(Updated: July 7, 2020)
Under the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, Augsburg is issuing $700 of relief funding to day undergraduate students and $275 of relief funding to graduate and adult undergraduate students enrolled in the spring semester 2020. The U.S. Department of Education has directed that these funds be paid directly to students and did not allow the funds to be distributed using the university’s student accounts system, so the payments will be delivered to students via emailed digital checks, using their Augsburg.edu email address.
The funding for the relief payments comes from the Higher Education Emergency Relief Fund provision of the federal CARES Act. Under this provision, Augsburg was allocated approximately $1.62 million of emergency stimulus funds by the U.S. Department of Education to distribute directly to students for expenses (including technology, course materials, food, housing, health care, or child care) specifically related to the disruption of campus operations due to the COVID-19 pandemic.
Universities were encouraged to prioritize students with the greatest need as well as ensure that the funds are distributed as widely as possible across the student body. In order for Augsburg to ensure the funds were distributed to students with demonstrated need, Augsburg designated the funds to students who completed a FAFSA (Free Application for Federal Student Aid) as of May 1. Augsburg established the two payment levels of $700 and $275 based on the higher average need profile among students in the day undergraduate program as compared with that of students in the graduate and adult undergraduate programs.
May 21 (first 30 day report)
Augsburg University acknowledges that it has signed and returned to the Department of Education the Certification and Agreement and the assurance that the institution intends 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. $1,629,621 of funds have been allocated to Augsburg University from the DOE pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students. No funds have been received or distributed by Augsburg as of this date.
July 7 (first 45 day report)
$1,380,225 of Emergency Financial Aid Grants were distributed on May 28 to students under Section 18004(a)(1) of the CARES Act. 2,526 students at Augsburg University are eligible to participate in the federal student financial aid programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act. All 2,526 students have received an Emergency Financial Aid Grant at Augsburg University under Section 18004(a)(1) of the CARES Act.