Emergency Financial Aid Grants to Students under the Coronavirus Aide, Relief, and Economic Security (CARES) Act

Required Reporting

  1. Walsh University signed and returned to the Department the Certification and Agreement and the institution intends to use no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
  2. The total amount of funds that Walsh University has received from the Department pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students is $915,757.
  3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of July 1, 2020 is $688,100.
  4. The estimated total number of students at Walsh University eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is approximately 1,100.
  5. The total number of students who have received an Emergency Financial Aid Grant to Students under Section 18004(a)(1) of the CARES Act as of July 1, 2020 is 983.
  6. Walsh University will provide a block grant of $700 to each eligible student that has filed a FAFSA. The balance of funds will be used to address situations where a student is inadvertently missed and/or subsequently completes a FAFSA and is Title IV eligible.  Any remaining funds will be distributed to students as an additional block grant prior to the expiration of funds.
The following email will be sent to students as their respective funds are distributed beginning on May 22, 2020.

HEERF Stimulus payment email to recipients:

Good (morning/afternoon) _________,

We are sending you this email to let you know you are a qualified recipient of the Higher Education Emergency Relief Fund provided by the CARES Act.

We will be disbursing a payment to you based on your preferred refund method you have set up via your Student Account Center on walsh.afford.com.

These funds are to be used “for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance, such as food, housing, course materials, technology, health care, and childcare”.

These funds do not have to be repaid. This grant payment is not taxable per the IRS.

Regards,

Student Service Center

Walsh Unversity