CARES Grant Fund Reporting June 2020
As of June 27, 2020, the University disbursed $3,337,521 of the funds to 3,622 students. The remaining 2.6% of the student funds will be distributed to students for emergencies via an application process. The University will continue to accept applications until the funds are depleted. Click Here to view the Application.
Virginia State University estimates that it had up to 3,625 Title IV eligible undergraduate, graduate, and professional students enrolled for the spring 2020 semester. This estimate is based on the number of potential valid FAFSAs filed by Virginia State University students and their families.
Virginia State University used the following approach to award the Federal CARES Act funds: (1) Students were automatically selected and awarded 90% of the funds (2) Pell eligible students enrolled in spring 2020 received $995 in emergency aid. Other Title IV students received $565. (Please note: the Federal Pell Grant is usually awarded to undergraduates who have a high degree of unmet financial need. This is determined through the FAFSA application, in which the U.S. Department of Education examines the income and assets of the student and their family.) The remaining 10% of the student funds were distributed to students for emergencies via an application process. Students were communicated about the Federal CARES Act funds via email, website and other VSU social media.