Since the beginning of the COVID-19 pandemic, the federal government has issued three aid packages that have given Texas Wesleyan money to be distributed to students in the form of scholarships.
The first package was known as the CARES Act package, which was carried out last spring, and the university received a little less than $ 1 million due to the sudden outbreak of the pandemic, which it was able to give to students in the form of an emergency scholarship.
“We sent out emails and notices to apply for these funds and had approximately 1,400 eligible students. We only received 577 applications,” said Donna Nance, vice president of finance and administration.
In December 2020, there was a second aid package called the Higher Education Emergency Relief Fund (HERF) that contained an additional $ 928,000. This package had different requirements than the previous package and the Department of Education published this on March 19.
“There will be another application process where we will send information to the eligible students in the week of April 19th. We will then distribute these funds based on the number of applicants we receive,” said Nance.
Those eligible for this second round of grants must meet the “exceptional needs” standard. To find out who is in that category, Texas Wesleyan will review FAFSA 2020-2021 applications and decide on round two based on expected family contribution or unmet need.
These decisions are taken in the first week of May after the applications have been closed and processed by the grant department. These funds can also be used to redeem the student’s financial accounts, which is different from the previous package.
The third round of funding, which includes $ 2.6 million, will be issued to students in the fall of 2021 and has the same requirements as the second package.