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CARES Act – IMPORTANT INFORMATION


Rowan University signed the Funding Certification and Agreement Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act Section 18004(a)(1) of the CARES Act on 4/14/2020.  Rowan received $14,471,695 in CARES funds and will disburse 50% ($7,235,848.00) to students in emergency assistance.  In addition, Rowan is also the recipient of $711,309.00 under Section 18004(a)(2) of the CARES Act as part of the Strengthening Institutions Program.

Beginning on May 6, 2020, students were able to apply for emergency assistance by completing the CARES Act Student Emergency Assistance Form.  All requests for assistance were processed on a first-come, first-served basis until allocated funds for Spring 2020 were disbursed.

***Update on Funding***

At this current time, Rowan University has distributed half of the allocation for students and will no longer accept new applications at this time. The University will offer additional CARES Act funding mid-summer or fall.  More information to follow.

NOTE:  If you had previously submitted an application which was rejected due to administrative errors, you are still eligible to submit a new application.  Only students who had applied between the periods of 5/6 to 5/29 are eligible to submit a new application; all others will be automatically denied without cause or explanation.  If you meet this criteria and wish to submit a new application for consideration of CARES Act funding, please complete the New CARES Act Student Emergency Assistance Resubmit applicationThe deadline for submitting a replacement application is June 12.  No exceptions will be made after this date.

Emergency Financial Aid Grants Awarded

As of May 28, 2020, there have been 4,653 awards made amounting to $3,261,380.00.  This information will be updated every time funds are disbursed. 

Rowan University has approximately 14,000 students that are eligible to apply for assistance.

 

Students May Apply For Federal Relief Funds Starting May 6

Rowan University is committed to providing financial aid to students in need, and all the more during the crisis created by the COVID-19 pandemic. The most immediate source of aid is Federal funding, which begins with the recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act.

Starting May 6, 2020, students will be able to apply for assistance by completing the CARES Act Student Emergency Assistance Form.  All requests for assistance will be processed on a first-come, first-served basis until all the funds are disbursed.

Distribution of Grants

The maximum emergency assistance grant will be $2,000 per student. A team of professionals from the Bursar’s and Financial Aid offices will review requests.  Funds will be disbursed to students through direct deposit to personal accounts on record or through a check mailed to the address on record. It can take up to three weeks from the date of each student’s submission to receive payment.

Process and Evaluation

In alignment with Federal recommendations, Rowan has developed a point system to help evaluate who is in most need and help determine how to distribute the funds based on a rubric that measures six (6) components of award. Students will self-disclose their “need” by answering a series of questions. The point system allows for 100 maximum points based on the following categories:

  • Financial Aid Classification
  • Food Insecurity
  • Housing Security
  • Childcare
  • Health Care
  • Course Material/Technology

Eligibility

As per the federal requirements, all currently enrolled students who are U.S. citizens or eligible non-citizen with a valid social security number are eligible for the Higher Education Emergency Relief funding under the CARES Act. Students enrolled exclusively in an online program on or before March 13, 2020, are not eligible for this funding. International, undocumented, and DACA students are ineligible; as well as, students who are in a SAP (satisfactory academic progress) denied status, students who have not registered for Selective Service (male only), and/or students who have defaulted on federal student loans. Additionally, Rowan University employees (except those hired as student workers) are also ineligible.  At this point in time, funding from the CARES Act will be limited to those students who were registered for Spring 2020.

We are committed to helping you make the most of the investment you have already made in your education. We encourage you to take advantage of the support available to you as soon as possible.

If you have questions or need assistance, please contact our staff:

Office of Financial Aid by e-mail at financialaid@rowan.edu or by way of chat at www.rowan.edu/financialaid

Office of the Bursar by e-mail at bursar@rowan.edu or by way of chat at www.rowan.edu/bursar


Sincerely,

 

Leonardo T. Freyre
Director for Business Affairs & University Bursar

 

Pamela D. Gordy
Director of Financial Aid