Federal CARES Act funding: Student distribution

Consideration will be provided to students who were enrolled in the spring 2020 semester who filed a 2019-20 FAFSA. Since the allocation formula under the CARES Act was primarily based upon the percentage of an institution’s Federal Pell Grant recipients, our first priority is these recipients. Federal Pell Grants are awarded to students with the greatest financial need. After Federal Pell Grant recipients are provided assistance, RIT will be distributing the funds based on criteria such as active federal loan borrowing and an open application process that allows eligible students to complete a form that demonstrates specific expenses incurred from COVID-19’s impact on their education. Applications will be reviewed as long as funds remain available.

No. The U.S. Department of Education has determined that only U.S. citizens or eligible non-citizens are considered.

To meet the intent of CARES Act funding, RIT will distribute funds to students who were enrolled in the spring 2020 semester, who filed the 2019-20 Free Application for Federal Student Aid (FAFSA) and received federal aid within the semester in the following populations:

Group 1^*

Federal Pell Grant recipients
Amount: $900 RIT/$865 NTID (previously $500)

Group 2

Undergraduate students who received Federal Direct Subsidized Loan but no Federal Pell Grant
Amount: $500

Group 3

Graduate students who received Federal Direct Unsubsidized Loan or undergraduate students who received Federal Direct Unsubsidized Loans that are not part of Group 1 or Group 2.
Amount: $500

Group 4

Students who submit requests through the CARES Act Emergency Grant Application with preference for those who are not eligible for Groups 1, 2, or 3. The CARES Act Emergency Grant Application is no longer available. All applicants have been reviewed and notified.
Amount: Varied

Group 5

A few paper checks distributed during the summer were never cashed despite multiple attempts to reach the recipients. Unfortunately checks totaling $4,900 had to be voided and redistributed as a result. These funds were awarded to 8 students who continued to experience financial difficulties.
Amount: Up to $700

*The NTID amount differs from the RIT amount as NTID students have a lower cost of attendance.

Note: Students enrolled exclusively in an on-line program of study (i.e. EMBA) per federal regulation are not eligible for emergency grants under the CARES Act.

RIT used the criteria of Federal Pell Grant recipients, students with active loan borrowing and created an application process to provide relief to those that we know are starting from the most financially compromised situations. Moreover, the actual amount RIT was provided was predicated on the percentage of the RIT population receiving Federal Pell Grants. Based on the amount received from the federal government, we believe approximately 50 percent of the RIT population will receive some form of payment.

For Federal Pell Grant recipients, students who received Federal Direct Subsidized Student Loans, graduate students who received a Federal Direct Unsubsidized Loan, or undergraduate students who received Federal Direct Unsubsidized Loan but no Federal Direct Subsidized Loan nor Federal Pell Grant, no action on the part of the student is required. All other students must submit a form identifying their additional costs and hardships from the disruption to their education. A student may only apply once for assistance through the application process with preference given to those who have not received CARES Act Emergency Grant assistance previously. The submission process will begin after the other categories are processed. To submit an application, the student must have filed a FAFSA and have been eligible to receive federal aid for the Spring 2020 semester.

The CARES Act Emergency Grant Application is no longer available. All applicants have been reviewed.

RIT has begun distribution to students who have been pre-determined to be eligible to receive CARES Act Emergency Grants and will continue through June 19, 2020. The CARES Act Emergency Grant Application is now available for students to apply. Note that preference is given to those that have not previously received a CARES Act Emergency Grant. The application deadline is included on the form and subject to change depending on volume of applications and availability of funds.

As of 6/19/20 all CARES Act Emergency Grant recipients have been identified. Most recipients have already received funding. The remaining distribution will be completed by June 30, 2020.

For students who have signed up for direct deposit with Student Financial Services, funding will be sent to the student’s financial institution via electronic funds transfer (EFT). For students not enrolled in direct deposit, a paper check will be mailed to the student’s permanent home address.

To confirm and or sign up for direct deposit, log into eServices. Direct deposit can be set up on the Refund Request page.

Federal guidelines indicate the fund can be used for any number of financial costs related to disruption of education caused by the COVID-19 pandemic. However, the grant cannot be used to reduce any balance owed to RIT. The funds must be provided directly to you.

No. Grants received from the CARES Act are independent from other aid sources you may have received. However, when determining the grant amount, we may consider funding a student has received from RIT’s Emergency COVID-19 Fund or previously awarded CARES Act Emergency Grant.

No. The IRS has determined that CARES Act Emergency Grants are not taxable and are not reported on a U.S. tax return. To find out if the grant is taxable in your state, check with your individual state tax agency. Visit the IRS website for more information.