Coronavirus Aid, Relief, and Economic Security (CARES) Act Reporting
Last Updated: July 1, 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act granted funds to institutions through the Higher Education Emergency Relief Fund (HEERF). Institutions must use 50 percent of these funds to provide emergency financial aid grants to students for expenses related to the disruption of campus operations due to Coronavirus. Eligible expenses include food, housing, course materials, technology, health care, and child care.
Otterbein University signed and returned the Certification and Agreement Form for these funds on April 25, 2020 which acknowledges the institution has agreed to disburse 50 percent of the funds to students. Otterbein University will distribute $1,127,643 to currently enrolled Otterbein University students.
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 $1,127,643. All of the funds have now been distributed.
The total number of students at the institution 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)(a) of the CARES Act is 2506.
The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a) (1) of the CARES Act is 995.
Otterbein University has established an application process for students to request funds for their expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, health care, and child-care expenses under Section 18004(a)(1) of the CARES Act. The Emergency Grant Form is available to all students. Award amounts are determined by Otterbein based upon an individualized review of the student emergency grant application in accordance with guidelines established by the U.S. Department of Education. As of July 1, 2020, the average amount awarded to a student is $1133.
Otterbein announced the availability of emergency grants in a newsletter sent on April 17, 2020, to all students and an online link was available on the University website. Additionally, the university amplified awareness through social media and emails. These student notifications include information that funds may be used for allowable expenses such as food, housing, course materials, technology, health care and child care expenses.