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Florida A&M University students will soon receive CARES Act funds

FAMU Campus
Posted at 3:24 PM, Apr 29, 2020
and last updated 2020-04-29 15:24:40-04

TALLAHASSEE, Fla. (WTXL) — All students at Florida A&M University will soon be able to apply for emergency funding to help cover expenses after campus operations were shut down due to the coronavirus.

According to William Hudson, Jr. Ph.D., the vice president for student affairs at FAMU, the Department of Education (DOE) has allocated $6,525,663 to the university in emergency grant funding to assist students with expenses related to the disruption of campus operations due to COIVD-19.

These funds will be available to any undergraduate, graduate or professional student enrolled in an eligible degree seeking program and are not considered toward expected family contributions or federal financial aid.

To disburse the one-time payments made directly to students, the university will use a tier system.

The university will first send payments to approximately 4,600 Pell eligible students. Just over $4 million will be allocated to those students, resulting in roughly $871 going to each Pell eligible student.

FAMU will then distribute $858,849 in emergency funds to approximately 1,000 non-Pell eligible undergraduate students with an EFC up to $15,000 who will receive approximately $858 each.

After that, the university will give out another $858,849 in funds to 1,500 graduate and professional students with an Expected Family Contribution (EFC) up to $15,000. The estimated amount expected to go to each of those students is $572.

FAMU has also reserved $750,000 in emergency funding for up to 750 students that been severely affected by the COVID-19 pandemic. All students, regardless of EFC, are eligible to apply for these additional funds.

The award will be a one-time distribution of up to $1,000.

To apply for the additional funding, Students must submit the application directly to the Office of Financial Aid. Information about the application process will be communicated via FAMU Info, Financial Aid website and FAMU's COVID-19 updates webpage.