CARES Act Reporting

CARES Act Reporting

Higher Education Emergency Relief Fund (HEERF) Reporting

Emergency Aid Grants to Students

This page is to meet the requirements set by the Department of Education’s CARES Act reporting requirements.

Reporting as of May 14, 2020

The University of Virginia’s College at Wise signed and returned a Funding Certification and Agreement for Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security(CARES) Act to the Department of Education April 14th, 2020. In agreement to this certification, UVA Wise assures that no less than 50 percent of the funds received under Section 18004(A)(1) of the CARES Act are being used to provide emergency financial aid grants to eligible students.

The total amount of funds that UVA Wise will receive from the Department pursuant to the Institution’s Certification and Agreement for Emergency Financial Aid Grants to Student is $394,483.

The Emergency Financial Aid Grants have not been distributed to students under Section 18004(a)(1) as of May 14th, 2020. The application deadline is May 29, 2020. UVA Wise will report updates at least every 45 days, as required. Following the close of the application period UVA Wise will begin processing payment to eligible applicants.

The estimated total number of students at UVA Wise that are eligible to participate in this program under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(a) of the CARES Act is 823.

The total number of students who have received Emergency Financial Aid Grant to student under section 18004(a)(1) of the CARES Act will be posted here and updated every 45 days once distributed.

The method used was based on the number of students potentially eligible and the funding provided by the Federal Government for the student aid portion of the CARES Act.  Those students who were full-time Pell recipients were deemed to be of the highest need, $500 was assigned to them.  Full time non-Pell but need based loan takers were thought to be of the next highest need and were assigned $375.  Full-time eligible who were neither Pell nor loan were assigned $250.  Part-time Pell were programmed for $250 and Part-time non-Pell with loans $150.  Approximately 9% of the funding was held back in case additional students were found to have not been included by mistake or if a need based student demonstrated additional need.  The allocation may adjust based on the response to the application.

On May 6th, UVA Wise placed the application and Federal Cares Act FAQs on our COVID-19 webpage, as well as emailed all eligible students. The application requires the students to document that they will use these funds for expenses such as food, housing, course materials, technology, health care and child care expenses and can provide documentation if needed.