Lafayette College applied for its first 50 percent installment of CARES Act funding from the U.S. Department of Education (DOE) in the amount of $695,510. These funds are being provided by the federal government to directly support students facing urgent financial needs related to the COVID-19 pandemic and its disruption of campus operations. Eligible students will receive an email with further instructions.
On May 6, 2020 the College signed and returned its certification and agreement with the DOE, providing assurance that the institution will use no less than 50 percent of its total funds for Emergency Financial Aid Grants to students. Federal guidelines require that the College disburse the funds to students who are eligible for Title IV financial aid programs. To be eligible for Lafayette’s first wave of CARES Act funding distribution, students must have been enrolled in the spring 2020 semester and submitted a valid Free Application for Federal Student Aid (FAFSA) for the 2019-2020 academic year.
The College is providing awards to approximately 1,300 students who are Title IV eligible, as follows:
Lafayette students interested in receiving this support must “self-certify” that they incurred expenses related to the disruption of campus operations caused by the COVID-19 crisis. An online certification link will be emailed automatically to students who completed the FAFSA.
The College’s program supports the DOE’s prioritization of students with financial need by designating Title IV-eligible students as a group, and by allocating $800 and $430 to Pell and non-Pell students, respectively. This represents the College’s prioritization of Pell-eligible students regarding expenses incurred as a result of the disruption of campus operations.
This program is supported entirely by federal funds. Federal guidelines specifically exclude international and DACA/undocumented students from receiving emergency financial grants funded with CARES money.