Emergency Financial Aid Grants
Anderson University has applied for and received funding through the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, and intends to use at least 50 percent of those funds to provide emergency financial aid grants to students, as mandated by the Act.
The portion designated for these grants totals $782,080. As of May 20,2020 $754,700 had been distributed to students.
The funds were distributed to 1,171 students, who were eligible under the CARES Act when the university moved to online classes on March 18, who had filed a Free Application for Federal Student Aid (FAFSA) for the 2019-20 academic year. The FAFSA was used to determine an expected family contribution (EFC). Based on the Pell eligibility and EFC, emergency financial aid grants were distributed to students.
Students were emailed information about the grants, explaining the eligibility requirements, on May 8, 2020.