Indiana University signed and returned the Certification and Agreement to receive funds under Section 18004(a)(1) of the CARES Act to the Department of Education. By doing so, the university assures no less than 50 percent of the funds will be used to provide Emergency Financial Aid Grants to students. The East campus of Indiana University received $531,361 to provide Emergency Grants to students.
As of Monday, June 8, 2020, the total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act at IU East is over $531,361.
The total number of students who are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, who could be eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act, is approximately 1,100. As of Monday, June 8, 2020, 251 applications have been received and 201 have been reviewed and awarded funds.
IU East began with an application method to distribute grants to students. Through communications in May 2020, students were encouraged to apply for emergency funds with a priority filing date of June 1, 2020. These communications included instructions for how to apply if students had faced disruption due to COVID-19 including the requirement of a completed FASFA to determine eligibility. Applicants were encouraged to apply based on their need with a maximum award of $4000. After all applications had been reviewed and students awarded accordingly, funds were then awarded to Pell grant eligible students who had not received an application-based award. Additional guidance provided to students can be found below.
Indiana University East’s Quarterly and Expenditure Report under CARES Act Sections 18004(a)(1) Institutional Portion Nd 18004(a)(2) for: