Ohio State Receives $ 42 Million in Federal Stimulus, Creates Emergency Student Grants
Ohio state will receive more than $ 42.8 million from the federal coronavirus stimulus package, half of which is to be distributed as emergency scholarships, according to a fund allocation document published April 9 by the US Department of Education. And that’s exactly what Ohio State is doing, starting Tuesday.
University president Michael V. Drake announced in an email Tuesday that the university is creating Together As Buckeyes – an emergency grant program that will use the university’s funds as well as the money received. Coronavirus Aid, Relief and Economic Security Act – to help students who are struggling with living expenses or other unforeseen financial burdens due to COVID-19.
“We recognize that COVID-19 has had broad impacts, so this program is available to any student – undergraduate, graduate or professional on any campus – who has been negatively affected by the COVID-19 pandemic,” said said Drake.
The scholarships are available to all levels of students on all campuses that have been negatively affected by the pandemic, the email said. They can apply to receive money from the grant program by filling out the emergency request form.
“Students can use funds for expenses related to the disruption of campus operations due to the coronavirus, such as food, accommodation, course materials, technology, health care and child care, ” Drake said.
Applications will be evaluated by the Office of Student Financial Aid, the email says. They will assess eligibility based on each student’s circumstances and advice from the US Department of Education.
The federal government immediately distributes more than $ 6.2 billion through the CARES Act-authorized Higher Education Emergency Fund, which provides a total of nearly $ 14 billion to support colleges and their students, according to the press release.
The amount of money a school receives is determined by a formula in the Coronavirus Aid, Relief and Economic Security Act that takes into account the number of full-time students who are eligible for Federal Pell Grants as well as the total population of school and the number of part-students in time before the COVID-19 outbreak, according to the press release.
More than $ 21.4 million is to be awarded in emergency student financial aid grants in the state of Ohio, according to the fund allocation document.
Compared to other schools in the Big 10, the main Ohio State campus receives the third highest stimulus amount, after Penn State University and Rutgers University.
Penn State will get more than $ 54.9 million, including more than $ 27.4 million for emergency financial aid grants to be given to students, according to the document.
Rutgers receives more than $ 54.1 million, of which nearly $ 27.1 million is allocated to serve as emergency student financial aid grants.
Compared to other public universities in Ohio, the state of Ohio receives the most money, followed by the University of Cincinnati and the University of Ohio.
The University of Cincinnati will receive more than $ 23.5 million and the University of Ohio more than $ 19.4 million.
Students interested in applying for a scholarship can do so by downloading the application form here.
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