Indiana University signed and returned the Certification and Agreement to receive funds under Section 18004(a)(1) of the CARES Act to the Department of Education. By doing so, the university assures no less than 50 percent of the funds will be used to provide Emergency Financial Aid Grants to students. The South Bend campus of Indiana University received $2,250,259 to provide Emergency Grants to students.
As of Friday, July 24, 2020, the total amount of Emergency Financial Aid Grants has been fully distributed to students under Section 18004(a)(1) of the CARES Act at IU South Bend for a total of $2,250,259.
The total number of students eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, who were eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act, was 3,205. All 3,205 students have received awards as of July 24.
CARES Act grants were awarded to all undergraduate and graduate students eligible at that time, in amounts ranging from $400 to $900, based on EFC, dependency status and level of enrollment. Recipients were notified about the source and reason for the funding via email.
IU South Bend used multiple communication channels to inform students about available funds. Communications included instructions for how to apply for emergency funding if students had faced disruption due to COVID-19, including the requirement of a completed FAFSA to determine eligibility.