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Florida State begins distributing CARES Act funds to students

About $14.6 million will go to students
Posted at 5:23 PM, May 12, 2020
and last updated 2020-05-12 18:17:25-04

TALLAHASSEE, Fla. (WTXL) — Relief is finally coming to some Florida State University students.

Some are already seeing money from the CARES Act in their bank accounts, while others are waiting to see if they'll get a payout as well.

Many students lost their jobs when the coronavirus pandemic forced businesses to close. The students still have to pay bills and rent, yet they were initially left out of the pool to receive relief checks if they were claimed as dependents.

Many college students say it's only fair that they're now getting some help.

"For a while I was a little worried," said Karina Papadoyianis, a student at FSU. "Not having work, but having expenses like my apartment and electric. It's definitely going to help me."

About a month after many received their stimulus checks from the CARES Act, FSU students are now seeing some of the money.

"I'm just glad to see that they are helping," Papadoyianis said.

Of the $29.3 million FSU received from the CARES Act, about $14.6 million will go to students in phases.

The university handed out grants between $400 and $600 to students enrolled in the spring semester and receiving financial aid. While some have already seen the deposit, others continue to wait.

"My financial aid account said I received the money, but my bank account doesn't show it," said Kristin Hoefer, a FSU student.

Although some students have seen the money drop, the university says most will start to see changes to their bank account Wednesday.

The university says they will hand out more of the money for students in the future. FSU also set aside money to to pay for other unexpected expenses due to COVID-19.