The CARES Act Emergency Student Aid funding is available to eligible students and will be distributed automatically to undergraduate students during the Initial Distribution phase. Students must meet the following criteria to be considered eligible to receive funding:
“Questions about eligibility requirements? Please contact email@example.com with all questions and concerns.
During the Initial Distribution phase, CARES Act Emergency Student Aid grants will be distributed as direct payments to all eligible undergraduate students. Payment will first be posted to the student’s account and will be sent as a refund check. Checks will take 7-10 business days to process and students will be emailed when the check has been issued.
AIC utilized the student’s Expected Family Contribution (EFC) to determine need and provided a larger amount of funding to students with the most need.
|EFC||EFC Initial Award Amount|
|0 – 999||$1,000|
|1,000 – 2,499||$900|
|2,500 – 3,499||$800|
|3,500 – 5,577||$700|
|5,578 – 10,000||$550|
|10,001 – 15,000||$450|
|15,001 – 20,000||$350|
Students who receive a CARES Act Emergency Grant, must accept the grant by completing THIS FORM
Funds will not be disbursed until form is completed. Form must be completed by September 30, 2020.
Students must cash the check within 90-days of issuance. After 90-days, the check will be voided, and you will forfeit the funds allocated to you. For questions regarding your check, or for more information on the CARES Act emergency student aid please contact firstname.lastname@example.org.
After the Initial Distribution phase, eligible graduate students, all students who became eligible after August 1, 2020, and students who received an initial grant and have additional need, can submit an appeal to receive additional funds to help offset expenses related to COVID-19.
The appeals application can be found HERE
Appeals will be reviewed and distributed via two phases with the priority given to students who apply in phase one of the appeals process. See below for full details:
Appeals (Phase One) – Opens August 31, 2020: Students will have until September 20, 2020 to submit an appeal. Committee will decide and communicate an update to students by late-September and checks will be sent no later than end of September for Appeals Phase One applicants*.
*Due to the amount of Appeals received in Phase One checks will be delayed until mid-October.
Appeals (Phase Two) – Opens September 21, 2020: This phase will stay open through the end of the Fall semester and will be subject to availability of unclaimed funds. Appeals will be reviewed on a rolling basis.
Students returning in the fall who have experienced a significant loss of income or are not eligible for the COVID-19 Emergency Grants from the CARES funding please contact Financial Aid at email@example.com or 413.205.3259 to discuss other options available.
© 2020 American International College