Federal CARES Act Funding
CARES Emergency Financial Aid Grant
The CARES Act provides institutions with significant discretion on how to award this emergency assistance to students. Each institution may develop its own system and process for determining how to allocate these funds while recognizing Minnesota State guidance below and the only statutory requirement, which is that the emergency student grants be used to cover student expenses related to the disruption of campus operations due to coronavirus. These eligible expenses include expenses under a student’s cost of attendance, such as food, housing, course materials, technology, health care, and child care.
The CARES Act apportioned the funding to each college and university through a formula where 75% was based on the relative share full-time equivalent enrollment of Federal Pell Grant recipients who are not exclusively enrolled in distance education courses prior to the coronavirus; and 25% according to the relative share to full-time equivalent enrollment of students who are not exclusively enrolled in distance education course prior to the coronavirus emergency. How the CARES Act apportioned funding does not mean that colleges and universities must distribute funds to students using this same formula.
The following proposal for Minnesota State University Moorhead was developed with guidance from the Minnesota State and University System and within the Federal CARES Act.