President Rita Cheng sent an email to NAU students detailing their eligibility for the federal Coronavirus Aid, Relief and Economic Security (CARES) Act, May 12.
The email informed that NAU has recently been approved by The U.S. Department of Education to receive funds from the CARES Act. The CARES Act, in regards to higher education, provides institutions such as NAU with funding for emergency student financial aid grants, according to The U.S. Department of Education’s website.
Students who complete the brief form attached to Cheng’s email by July 6 are subject to receive the CARES Act funds as a direct deposit or mailed check within 7 to 10 days.
“We are committed to working quickly and effectively to disburse the CARES funds to assist you in defraying costs you have incurred while pursuing your education during this unprecedented time of great health, safety, and financial uncertainty,” Cheng’s email stated.
Cheng’s email also explained the slight variation in each recipients’ funds. Full time students who are eligible for the Federal Pell Grant will receive $500 whereas all other full time NAU students will receive $400. Additionally, there will be an application process beginning in the late summer or early fall of 2020 to disperse any remaining grant funds which will include the completion of a FAFSA form for the 2020-2021 academic year. For more information regarding distribution of funds and CARES Act eligibility, Cheng’s email advises visiting the NAU website.