CARES Act Emergency Assistance
The Coronavirus Aid, Relief and Economic Security (CARES) Act allocates funds to support individuals and businesses/organizations, including colleges and universities, affected by the pandemic and economic downturn. UT has received funds under the CARES Act and is working to provide emergency assistance to as many students as possible to help them meet their emergency financial needs during this challenging time.
This is the official CARES Act application for emergency funds for the University of Texas at Austin. In order to receive funds from UT, you must complete this CARES Act application. We advise students to be aware of third-party vendors soliciting your information and acting as an official application for the CARES Act fund.
Am I eligible if I am enrolled in summer session 1, summer session 2, 9-week or whole sessions?
You must be enrolled in a summer session for which financial aid can be disbursed (currently summer session 1, 9-week session or whole session). If you are enrolled in a summer session 2 course only, you are not eligible for CARES act funds at this time. Summer session 2 eligibility will be based on availability of funds.
What is the CARES Act Emergency Assistance Fund?
UT received funds under the Coronavirus Aid, Relief and Economic Security (CARES) Act to provide emergency grants to students for expenses related to the disruption of campus operations due to COVID-19. These expenses include food, housing, course materials, technology, health care, and child care. The university’s Office of Scholarships and Financial Aid is working closely with Student Emergency Services in the Office of the Dean of Students to coordinate these emergency grants to students who qualify. The university aims to assist as many students as possible in meeting their emergency financial needs during this challenging time.
Who is eligible to receive assistance?
According to the CARES Act, a student may be considered for emergency aid grants if he/she meets the following criteria:
Eligibility Criteria for Summer 2020:
- has a verified Free Application for Federal Student Aid (FAFSA);
- meets all CARES Act requirements;
- is enrolled in a current summer session for which financial aid can be disbursed (currently summer session 1, 9-week session, or whole session)
- was enrolled at UT for the Spring 2020 semester and pursuing a degree program or certificate;
- is not a recipient of the CARES Act Emergency Assistance Fund in Spring 2020;
- is either eligible for a federal Pell grant or whose FAFSA indicated a family adjusted gross income (AGI) between $0–$125,000; and
- submitted a CARES Act application
Funds awarded in the Summer 2020 semester:
- Students eligible for a federal Pell grant can receive a maximum amount of $1,250 or the amount requested on the application (not to exceed $1,250).
- Students not eligible for a federal Pell grant and have an adjusted gross income (AGI) of $0–125,000 can receive a maximum amount of $1,000 or the amount requested on the application (not to exceed $1,000).
Please contact Texas One Stop at firstname.lastname@example.org with questions.
How do I apply?
The CARES Act emergency assistance fund application for Summer 2020 is currently open, and eligible students should complete the application as soon as possible. The application identifies common costs that are eligible for emergency grant funding.
Newly admitted undergraduates and undergraduates facing a change in income that may affect their expected family contribution should complete and submit a Reduction in Income Appeal form.
How many times should I apply?
Students can receive only one CARES Act award.
When will I know if I will receive a grant?
It may take up to 10 days to process your application. Once your application is approved, you will receive an email notification. Students may contact Texas One Stop for information regarding their application and for assistance with other financial questions.
How much financial assistance can students request?
The university will allocate funds with priority given to students with the greatest financial need (not to exceed the award maximum). Awards are disbursed as long as funds remain available. Students can receive only one CARES Act award.
Summer 2020 Awards:
- Students who are eligible for a federal Pell grants: can receive a maximum amount of $1,250 or the amount requested on the application (not to exceed $1,250).
- Students who are not eligible for a federal Pell grant and have an adjusted gross income (AGI) of $0–125,000: can receive a maximum amount of $1,000 or the amount requested on the application (not to exceed $1,000).
When will I receive my funding?
We are currently reviewing completed applications and will fund eligible students as quickly as possible. Due to the high volume of applications we are receiving, we cannot reliably provide the exact timing for funding disbursement. You can help expedite funding disbursement by responding to all requests for clarification and documentation as quickly as possible. If you need additional resources, please contact Student Emergency Services at email@example.com or Texas One Stop at firstname.lastname@example.org.
How will I receive my funds?
If funding is approved, funds will be directly deposited into bank accounts for students who are enrolled in the direct deposit option. If you have not already signed up for Direct Deposit, please do so immediately in UT Direct. Disbursements from this fund will not be applied to an outstanding balance on your student account. Students who do not have direct deposit will receive a paper check mailed to their permanent address on file. To update or confirm your permanent address, please visit this page.
How long will it take to receive a decision after I submit my application?
We are reviewing applications as quickly as possible so we can meet students’ critical needs. Students will receive an email notification when their application is processed and if their financial aid summary was updated. Students can visit “Where’s My Check” for a status of their award.
What resources are available to students who are not eligible?
The university is ready to assist international students who are experiencing financial distress due to unforeseen circumstances. If you applied for CARES Act funding, your information was forwarded to Student Emergency Services. They will reach out to students as soon as possible.
If I receive funding, will it negatively impact my existing financial aid package?
Funding from the CARES Act Emergency Assistance Fund will not impact a student’s financial aid package since CARES Act funding is not categorized as financial aid.
What kinds of expenses are allowable?
Funds can be used for food, housing, course materials, technology, health care, tuition, fees, or child care.
Do I have to repay emergency funding from the CARES Act?
You do not have to repay the amount awarded to you. The CARES Act emergency fund is a grant.
Do I need to report financial aid or grants on my federal tax return?
Each financial award you receive from the federal government and other sources will have separate and unique tax consequences for your federal tax return. Funds received from Student Emergency Services in the Office of the Dean of Students will be treated as taxable income. Funds received through the CARES Act emergency assistance from the Office of Scholarships and Financial Aid will be treated as non-taxable. For more information, visit the IRS website.