The CARES Act is federal legislation which provides a variety of financial support to individuals and businesses affected by the COVID-19 pandemic. The CARES Act established and funded the Higher Education Emergency Relief Fund (HEERF) to provide emergency financial aid grants. One part of this federal program allocates money to Lively Technical College, and a portion of that allocation can be awarded to students who are experiencing expenses due to the corona virus.
These funds are available to students for emergency financial aid or grants to students to cover basic needs such as “food, housing, course materials, technology, health care, and child care.” Student eligibility is determined according to strict guidance from the United States Department of Education. Available funds vary based on part-time or full-time status and financial need.
Students who meet basic eligibility criteria for federal financial aid and who have the greatest financial need can be considered for these funds. The Office of Student Financial Aid (OSFA) will use Free Application for Federal Student Aid (FAFSA) data to determine your eligibility. If you are eligible to file a FAFSA but have not yet filed for 2019-20 and need assistance, please file a FAFSA at studentaid.gov.
This could apply to a variety of financial costs directly tied to the effects of an emergency situation that is straining Lively Technical College students. This could include money spent for unanticipated travel, replacement of medications, emergency child care due to extended school closures, additional technology requirements, etc.
To apply, log in to your FOCUS account and complete the Lively Technical College CARES Act Higher Education Emergency Relief Fund Application. If you have difficulty logging in, please contact the IT Service Desk at firstname.lastname@example.org.
Do I have to repay a dollars from the CARES Federal Emergency Aid Grant?
No, money received through this fund does not need to be repaid. This fund does not impact nor replace any financial aid you may currently receive, and it is a one-time grant.
Would this funding reduce my financial aid?
No, this fund does not negate nor replace financial aid, and it is a one-time grant.
How much money is available for each applicant?
Amounts vary based on enrollment status.
Do I need to report financial aid or grants on my federal tax return?
The IRS issued FAQs on the Higher Education Emergency Relief Fund and Emergency Financial Aid Grants under the CARES Act that clarifies that CARES Act aid should be treated as a “qualified disaster relief payment” and not be treated as taxable income. Visit the https://www.irs.gov/ for more information.
How can I use the money?
Grants are refunded to you to use for expenses incurred due to COVID-19.
How many times can I apply?
What if I currently owe tuition or other expenses to Lively?
The full amount of the emergency grants will be given directly to students and will not pay outstanding balances owed to Lively. Any outstanding balance owed to Lively remains the responsibility of the student.