Campus Safety /
CARES Act Financial Assistance
The Coronavirus Aid, Relief, and Economic Security (CARES) Act granted funds to institutions through the Higher Education Emergency Relief Fund (HEERF). On June 12, 2020, Capital University was granted funding from the HEERF to provide emergency grants to students impacted by COVID-19. Capital University must disburse 50 percent of these funds to students and report to the public how the funds are being used. To receive the grant, enrolled students must complete the Emergency Financial Grant Application, have demonstrated eligibility for federal financial aid, and not be enrolled solely in an online program when courses were changed to remote delivery.
Capital University has received funding through the Higher Education Emergency Relief Fund authorized by the Coronavirus Aid, Relief and Economic Security (CARES) Act. Passed by the U.S. Congress and signed by the president in late March, this direct economic relief package provides stimulus and financial support to many sectors of the economy, including higher education.
Funding will be used to provide emergency grants to students who were impacted by the disruption of campus operations on or after March 13, 2020 due to the COVID-19 health emergency.
This serves as acknowledgement that Capital University has received its allocation of funding from the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) as determined by the US Department of Education (ED). Capital University has signed and returned to ED the Certification and Agreement and assurance that the institution has used the applicable amount of HEERF II funds designated under the CRRSAA.
The total amount of funds received under the CRRSAA: $3,710,353. The institutional funds not directly distributed to students were utilized in accordance with the federal regulations. These funds were used to provide grant aid to students and to fund other qualifying expenses under the CRRSAA.
The total amount of grants distributed to students under the CRRSAA: $1,339,200. The minimum amount required to be distributed to students: $1,243,434.
The total number of students who received funding through CRRSAA: 1,325
The total number of students who have received a grant: 1,325
Capital University determined the number of eligible students based on those who had submitted a FAFSA and were eligible for federal funds. Students with an Expected Family Contribution (EFC) of 10,000 or less received a $1,000 grant. Students with an EFC that fell outside of that range or otherwise qualified or had additional financial hardships could receive funds by requesting, in writing their funding needs.
The CRRSAA Grants were disbursed to all eligible students via Electronic Funds Transfer (EFT) or with a check to their permanent address on file. Students were notified in advance so they could choose their method of payment.
Capital University’s remaining institutional portion of funds were used to support on-going COVID-19 related expenses and purchasing additional electronic equipment to support students, faculty and staff should fully remote learning again be necessary. These funds have now been exhausted.
This serves as acknowledgement that Capital University has received its allocation of funding from the Higher Education Emergency Relief Fund/American Rescue Plan (HEERF/ARP) as determined by the US Department of Education (ED). Capital University has signed and returned to ED the Certification and Agreement and assurance that the institution has used the applicable amount of HEERF III funds designated under the ARP.
The total amount of funds received under the ARP: $6,569,930.
Institutional funds not directly distributed to students will be utilized in accordance with the federal regulations and the disclosure notification for these funds will also be posted on this website.
The total amount of grants allocated to students under the ARP is still being determined.