What’s Up with the CARES Act in 2021?
Jan. 13, 2021 — DENTON — At the height of the economic crisis due to the pandemic, Texas Woman’s University was able to provide financial assistance to students through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
As of August 2020, TWU stopped accepting applications for the CARES Act funds. Any remaining funds were distributed through the financial aid process to eligible students who had completed a FAFSA. In total, TWU distributed more than $3.7 million to eligible students.
Texas Woman’s has not received additional CARES Act funds beyond the initial distribution in April 2020. Unfortunately that means that there are no new funds to distribute to students for spring 2021, and no application for CARES Act funds is currently available at this time.
However, there appears to be good news on the horizon with the Coronavirus Response and Relief Supplemental Appropriations Act, 2021, enacted on December 27, 2020. This supplemental fund should provide additional assistance for higher education. Information regarding distribution of these funds is said to be forthcoming, according to information available from the U.S. Department of Education.
If TWU receives CARES Act funds, students will be notified.
In the meantime, if you have any questions about loans, grants, or completing the FAFSA, please contact the Office of Financial Aid. If you are a commuter student or non-traditional student, including veterans, students with children, adult learners and students who are adopted/aged out of foster care, and need assistance identifying resources please contact our Campus Alliance for Resource Education (CARE) team.
Page last updated 4:57 PM, January 13, 2021