UCA is planning to award students affected by the COVID-19 pandemic with funds awarded to the state by the Coronavirus Aid, Relief and Economic Security (CARES) Act.
UCA has been allocated $4.8 million from the state through the CARES Act to help students in this time. In an email sent by UCA President Houston Davis, he said this money will be used to accomplish three objectives: assist in resolving account balances for students enrolled in the spring 2020 semester, award grants to reduce the cost of attendance for students enrolling in summer school and supplement the Student Emergency Fund by the Division of Student Services.
UCA plans to award up to 4,000 students with a $600 grant that will go towards the tuition for summer classes. These grants will be awarded to students automatically once registration for summer classes is completed and distributed on a first-come first-serve basis. To qualify, the student must have been enrolled in the spring semester. These grants are available to every UCA degree-seeking student which includes, graduate, undergrad and full-online students.
The U.S. Department of Education is distributing $12.6 billion dollars to over 5,000 schools in the country to help them cope during this time of crisis. Arkansas has received $130 million of these funds to distribute to 77 universities and colleges. It is required that half of the money goes toward student aid, while the other half goes towards school expenses.
Students whose lives were affected by the pandemic will receive cash grants for expenses related to cost of attendance. While each school is allocated a certain amount, it is up to the institution to determine how the money will be distributed.
More details are expected to come.