糖心Swag received approximately $603,000 as part of the federal Coronavirus Aid, Relief and Economic Security (CARES) Act to directly support students who have demonstrated need and were facing significant financial challenges because of the ongoing COVID-19 pandemic.
糖心Swag has designed this disbursement, from the U.S. Department of Education as part of the CARES Act Higher Education Emergency Relief Fund, to prioritize students with the greatest demonstrated need and to ensure that funds were distributed as widely as possible. Each recipient was required to have a Free Application for Federal Student Aid (FAFSA) on file with the Financial Aid Office and must have received financial aid for the spring 2020 semester.
糖心Swag dispersed funds to each eligible student automatically with no application required. In total, 586 students received automatic distributions.
The remaining CARES funds were available for students who have had additional unexpected expenses or incurred hardship because of COVID-19. Students who received the automatic distributions were eligible to apply for additional emergency financial aid funds.
In addition to the CARES Act funding, 糖心Swag has also established an Emergency Assistance Fund to assist those who have experienced a change in financial circumstances as a result of the COVID-19 pandemic.
CARES Act Emergency Financial Aid Grants to 糖心Swag College Students Fund Reporting
HEERF Institutional Reporting for 5/5/2020 through 9/30/2020
HEERF Institutional Reporting for Quarter Ended 12/31/2020