Public disclosure for CARES Act Emergency Financial Aid Grants to students

OSU signed and returned to the Department of Education the Certification and Agreement [for] Emergency Financial Aid Grants to Students on April 14, 2020. OSU used 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.

OSU received $8,382,863 from the Department of Education pursuant to the Certification and Agreement [for] Emergency Financial Aid Grants to Students.

OSU distributed $8,382,863 in Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act as of July 1, 2020.

There are an estimated 16,200 students at OSU 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.

5,082 OSU students received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act as of July 1, 2020.

OSU students were asked to complete an online CARES Emergency Financial Aid Grant application. On the application they verified that they had additional expenses related to items such as food, housing, course materials, technology, health care, or child care due to the disruption of campus operations caused by the coronavirus.  They also submitted an estimate of the immediate amount needed.

Individual award amounts were determined by taking into account the amount of estimated immediate need reported by the student on the application as well as the student’s overall financial need as determined by the Free Application for Federal Student Aid (FAFSA).

A campus-wide email was sent to all students, faculty, and staff on April 16^th, notifying them of the availability of the emergency grants and giving instructions to log into the student portal and complete the application.