45-Day Report for receipt of CARES Act Higher Education Relief funding

Elon University is providing the following information as required by the U.S. Department of Education. This information is provided 30 days after the university’s initial receipt of funding under the CARES Act Higher Education Emergency Relief Fund.

  • Elon University administrative staff members have signed and returned the certification and agreement form for the CARES Act Higher Education Emergency Relief Fund. Elon intends to use the funds received through the CARES Act to provide the mandated amount of at least 50 percent of the emergency financial aid grants to students.
  • Elon University has received $1,494,616 under the Higher Education Emergency Relief Fund student portion.
  • Of that amount, $1,211,009 has been distributed to students as of July 1, 2020.
  • Elon determined that 2,600 students were eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and were therefore eligible to receive an emergency financial aid grant.
  • 1,961 students have received an emergency financial aid grant as July 1, 2020.
  • Undergraduate and graduate students enrolled in degree programs at Elon during spring semester 2020 who meet basic eligibility criteria for federal financial aid were considered for these grants. Priority was given to those who have the greatest financial need. Elon’s Office of Financial Aid used Free Application for Federal Student Aid (FAFSA) data to determine eligibility. Students who were eligible for Pell Grants received a CARES ACT emergency financial aid grant of $1,000. All other eligible undergraduate students received a CARES Act emergency financial aid grant of $500  All other eligible graduate and professional school students received a CARES Act emergency financial aid grant of $350.  Students completed a verification form has part of this process.
  • Elon has earmarked $100,000 of the CARES Act emergency financial aid grant to be distributed by the Truitt Center for Religious & Spiritual Life through the Chaplains Emergency Fund. Of those funds a total of $18,109 has been awarded.  Elon has awarded $44,000 of the CARES Act emergency Financial Aid Grant for the Global Education Center to compensate a known number of students for losses associated with study abroad room costs not reimbursed by third-party providers.  These amounts are included in the total funs distributed of $1,211,009.

30-Day Report for receipt of CARES Act Higher Education Relief funding

Elon University is providing the following information as required by the U.S. Department of Education. This information is provided 30 days after the university’s initial receipt of funding under the CARES Act Higher Education Emergency Relief Fund.

  • Elon University administrative staff members have signed and returned the certification and agreement form for the CARES Act Higher Education Emergency Relief Fund. Elon intends to use the funds received through the CARES Act to provide the mandated amount of at least 50 percent of the emergency financial aid grants to students.
  • Elon University has received $1,494,616 under the Higher Education Emergency Relief Fund student portion.
  • Of that amount, $438,000 has been distributed to students as of May 22, 2020.
  • Elon determined that 2,600 students were eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and were therefore eligible to receive an emergency financial aid grant.
  • 438 have received an emergency financial aid grant as May 22, 2020.
  • Undergraduate and graduate students enrolled in degree programs at Elon during spring semester 2020 who meet basic eligibility criteria for federal financial aid were considered for these grants. Priority was given to those who have the greatest financial need. Elon’s Office of Financial Aid used Free Application for Federal Student Aid (FAFSA) data to determine eligibility. Students who were eligible for Pell Grants received a CARES ACT emergency financial aid grant of $1,000. All other eligible undergraduate students are scheduled to receive a CARES Act emergency financial aid grant of approximately $300  All other eligible graduate and professional school students are scheduled to receive a CARES Act emergency financial aid grant of approximately $250. This will be distributed after May 26, 2020, when the verification deadline has passed and the total number of students requesting assistance is known.
  • Elon has earmarked $100,000 of the CARES Act emergency financial aid grant to be distributed by the Truitt Center for Religious & Spiritual Life through the Chaplains Emergency Fund.  Elon has earmarked $64,000 of the CARES Act emergency Financial Aid Grant for the Global Education Center to compensate a known number of students for losses associated with study abroad room costs not reimbursed by third-party providers.

Overview of the distribution process for CARES Act Higher Education Relief funding

  • Elon University has received funding through the Coronavirus Aid, Relief and Economic Security (CARES) Act to help support students who may be struggling financially during the COVID-19 pandemic.
    The CARES Act funding will be used to provide emergency financial aid grants to eligible students with significant need to help them cover certain past or future expenses due to the disruption caused by this global public health crisis.
  • Students enrolled at Elon during spring semester 2020 who meet basic eligibility criteria for federal financial aid have been considered for CARES Act grants. Elon’s Office of Financial Aid used Free Application for Federal Student Aid (FAFSA) data to determine student eligibility, with the highest priority given to those with the greatest financial need.
  • Eligible students were contacted by email on Tuesday, May 12, by the Office of Financial Aid about the process of receiving a CARES Act grant.