Student Portion, Final Report, Oct. 2, 2020
The United States Department of Education allocated a total of $1,857,910 to Texas Wesleyan University through the Higher Education Emergency Relief Fund under Section 18004(a)(1) of the CARES Act. The university submitted the Certificate and Agreement for the student emergency funds to the Department of Education on April 11, 2020 and agreed to distribute $928,955, or 50% of the total allocation, to students as emergency financial aid grants.
To qualify for the student emergency grants, a student must:
- Be enrolled as a degree-seeking student at Texas Wesleyan University as of March 13, 2020;
- Not be enrolled in an online program;
- Must have completed a 2019-2020 FAFSA;
- Experienced a financial hardship as a result of COVID-19 by completing an application for the student emergency financial grant.
There were approximately 1,400 students who were eligible to receive an emergency grant under Section 484 in Title IV of the Higher Education Act of 1965. All eligible students were sent an email on May 4, 2020 with an application link to be completed by May 15, 2020. A copy of the email and application can be found by clicking here.
The university received 577 eligible applications. The university chose to distribute the available funds evenly to all eligible applicants. Each applicant received an estimated amount of $1,609. Funds were made available to student by direct deposit or by check on May 22, 2020.