Campus Updates

CARES Act Grant Updates

August 10, 2020

To; Students and Families

From: John Bryant, Assistant Vice President and Controller

Scott Seibring, Director of Financial Aid

The federal government passed the CARES Act on March 27, 2020, which is a federal stimulus package meant to ease economic burdens related to the COVID-19 pandemic. This federal legislation included funding for higher education and students who have been directly impacted by the pandemic. Illinois Wesleyan University has signed and returned to the Department of Education the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

Illinois Wesleyan University is located and operates in the 13th Illinois congressional district. The University’s federal tax identification number is 37-0662594.

The University will receive federal aid in the amount of $1,341,680. Fifty percent of that amount, $670,840, will be distributed directly to our students. The remainder of the CARES act funding will go to offset the University’s loss of revenue and increased expenses as a result of the COVID-19 pandemic.

The CARES Act explicitly instructs all universities to direct these grants to students who have incurred expenses due to COVID-19. You will find examples of such expenses below. The federal act encourages us to give special attention to students with need, and those who are Title IV eligible (eligible to file the FAFSA and be considered for federal aid). The CARES Act, however, does not address COVID-related expenses incurred by our international students and our DACA students.

The federal act specifically requires the grants to cover unexpected expenses related to COVID-19. Should you determine that you do not meet these criteria and do not need this grant, it will be your responsibility to return the funds to the University in order for it to be redistributed to students with greater need. To coordinate the return of funds, please contact the Business Office at busnoff@iwu.edu.

There are two phases of CARES Act grants for our eligible students, outlined below:

21 students were awarded grants totaling $6,580 on July 16, 2020, ranging from $100 -$500. Payments were made similar to a student account refund and will be paid via check or direct deposit based on the authorization on file.

Notification was sent to all students awarded grant funds. If you did not receive an email on that funding or you feel that funding did not meet your additional expenses, please feel free to complete the IWU Cares ACT Application: https://forms.gle/p6p21bPWDqaENRHy5. The remainder of Phase II funds are expected to be distributed by October 1, 2020.

 

CARES Act Grant Update

June 26, 2020

To: Students and Families 

From: John Bryant, Assistant Vice President and Controller
          Scott Seibring, Director of Financial Aid

The federal government passed the CARES Act on March 27, 2020, which is a federal stimulus package meant to ease economic burdens related to the COVID-19 pandemic. This federal legislation included funding for higher education and students who have been directly impacted by the pandemic. Illinois Wesleyan University has signed and returned to the Department of Education the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

The University will receive federal aid in the amount of $1,341,680. Fifty percent of that amount, $670,840, will be distributed directly to our students. The remainder of the CARES act funding will go to offset the University’s loss of revenue and increased expenses as a result of the COVID-19 pandemic.  

The CARES Act explicitly instructs all universities to direct these grants to students who have incurred expenses due to COVID-19. You will find examples of such expenses below. The federal act encourages us to give special attention to students with need, and those who are Title IV eligible (eligible to file the FAFSA and be considered for federal aid). The CARES Act, however, does not address COVID-related expenses incurred by our international students and our DACA students.

The federal act specifically requires the grants to cover unexpected expenses related to COVID-19. Should you determine that you do not meet this criteria and do not need this grant, it will be your responsibility to return the funds to the University in order for it to be redistributed to students with greater need.  To coordinate the return of funds, please contact the Business Office at  busnoff@iwu.edu .    

There are two phases of CARES Act grants for our eligible students, outlined below:

Notification was sent to all students awarded grant funds. If you did not receive an email on that funding or you feel that funding did not meet your additional expenses, please feel free to complete the IWU Cares ACT Application:  https://forms.gle/p6p21bPWDqaENRHy5 . Preference will be given to those applications that are received by May 20, 2020. Phase II funds are expected to be distributed in July 2020.

 

CARES Act Grant Information

May 12, 2020

To: Students and Families 

From: John Bryant, Assistant Vice President and Controller

Scott Seibring, Director of Financial Aid

The federal government recently passed the CARES Act, which is a federal stimulus package meant to ease economic burdens related to the COVID-19 pandemic. This federal legislation included funding for higher education and students who have been directly impacted by the pandemic. Illinois Wesleyan University has signed and returned to the Department of Education the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

The University will receive federal aid in the amount of  $1,341,680. Fifty percent of that amount, $670,840, will be distributed directly to our students. The remainder of the CARES act funding will go to offset the University’s loss of revenue and increased expenses as a result of the COVID-19 pandemic.  

The CARES Act explicitly instructs all universities to direct these grants to  students who have incurred expenses due to COVID-19. You will find examples of such expenses below. The federal act encourages us to give special attention to students with need, and those who are Title IV eligible (eligible to file the FAFSA and be considered for federal aid). The CARES Act, however, does not address COVID-related expenses incurred by our international students and our DACA students.

The federal act specifically requires the grants to cover unexpected expenses related to COVID-19. Should you determine that you do not meet this criteria and do not need this grant, it will be your responsibility to return the funds to the University in order for it to be redistributed to students with greater need.  To coordinate the return of funds, please contact the Business Office at busnoff@iwu.edu.    

There are two phases of CARES Act grants for our eligible students, outlined below:

Notification was sent to all students awarded grant funds. If you did not receive an email on that funding or you feel that funding did not meet your additional expenses, please feel free to complete the IWU Cares ACT Application https://forms.gle/p6p21bPWDqaENRHy5. Preference will be given to those applications that are received by May 20, 2020.

 

CARES Act Grants for Students

May 8, 2020

As you are likely aware, the federal government recently passed the CARES act, which is a federal stimulus package meant to ease economic burdens related to the COVID-19 pandemic. This federal legislation included funding for higher education and students who have been directly impacted by the pandemic.   

Illinois Wesleyan University received federal aid in the amount of  $1,341,680. Half of that amount – $670,840 – is to be distributed directly to our students.The other half of the CARES act funding will go to offset the University’s loss of revenue and increased expenses as a result of the COVID-19 pandemic.   

The CARES Act explicitly instructs all universities to direct these grants to  students who have incurred expenses due to COVID-19. You will find examples of such expenses below. The federal act encourages us to give special attention to students with need, and those who are Title IV eligible (eligible to file the FAFSA and be considered for federal aid). The CARES Act, however, does not address COVID-related expenses incurred by our international students and our DACA students.

The federal act specifically requires the grants to cover unexpected expenses related to COVID-19. Should you determine that you do not meet this criteria and do not need this grant, it will be your responsibility to return the funds to the University in order for it to be redistributed to students with greater need.    

There are two phases of CARES Act grants for our eligible students, outlined below:

We plan to notify all students of the first round of funding by Tuesday, May 12. If you do not receive an email on that funding or you feel that funding did not meet your additional expenses, please feel free to complete the IWU Cares ACT Application that will be sent to all Title IV-eligible students immediately following the communication regarding Phase 1 (the base grant). Preference will be given to those applications that are received by May 20, 2020.