The coronavirus pandemic has impacted the financial well-being of many around the world, including college students.
For Presbyterian College students impacted by the pandemic, help is on the way.
Nearly 400 PC students are set to receive Coronavirus Aid, Relief, and Economic Security (CARES) Act funding provided by the federal government. The CARES Act grants will help offset the unexpected costs associated with transitioning from on-campus to remote learning.
“Throughout the pandemic, our main priority has been the health, safety and well-being of our students,” said Brian Fortman, dean of enrollment management and director of financial aid. “We’re glad we’re able to help students during this challenging time in their lives by dispersing the CARES Act grants.”
The CARES Act was enacted in March to address the economic fallout of the COVID-19 pandemic in the U.S. Colleges and universities received funds from the stimulus package to help students cover food, housing, health care and other costs.
Priority for the funding is extended to students and families who demonstrated the greatest financial need.
“The intent of the CARES Act is to provide fast and direct economic assistance,” Fortman said. “The College came together to move swiftly to process the initial wave of grants.”
In addition to helping the initial recipients, PC set aside a significant amount to assist other students who may have been impacted by the coronavirus. PC students can apply for CARES Act grants by completing the Student Emergency Fund Application.
PC students applying for a CARES Act grant through the student emergency fund application must be eligible for Title IV funding. Also, the students must have completed the spring 2020 semester as full-time students, among other criteria. Eligible students can receive grants between $250 and $750.
Please visit PC’s Coronavirus Updates and Resources page for more information about the College’s response to the pandemic.