CARES Act Reporting Can be found here: CARES Act Reporting

CARES Act Information for LSUA Students

As a result of the federal Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) that was recently signed into law, institutions of higher education, including LSUA, will be receiving funds that are to be granted to students who have experienced a financial hardship while transitioning from face-to-face to online instruction. As a follow-up to my email dated May 3rd, I want to share additional information regarding eligibility, award amounts, and a timeline for disbursements.

 

In compliance with the guidelines and eligibility requirements set forth by the United States Department of Education (USDOE), the following outlines which students are eligible, as well as those who will not receive funding.

 

Students who will be receiving CARES awards:

 

 Students who are not eligible and will not receive an award:

Any student fitting in to the eligible categories listed above will receive funding from the CARES Act.  LSUA will not be requiring an application process.  If a student meets the criteria, they will receive a CARES award.  LSUA will begin processing awards to students on May 12, 2020.  Please allow up to three weeks for disbursements to be completed.

 

Award amounts will range from a base level of $200 up to $1050 – depending on the number of credits hours enrolled, as well as the amount of federal aid received for the spring 2020 semester.  An email with each student’s specific award amount will be sent within the next 3 business days.

 

Any student who has not yet submitted a FAFSA for the 2019-2020 award year, but wishes to receive a CARES Act award, must complete and submit the FAFSA prior to June 1, 2020.  The FAFSA can be submitted through the Department of Education’s website found here: www.fafsa.gov. LSUA's school code is: 002011. You may also contact the Office of Financial Aid and Scholarships for additional information at financialaid@lsua.edu.  

 

CARES Act awards will not be applied to accounts with outstanding balances.  Each student will receive their full award amount even if they owe a balance to the university.  Students who wish to use these funds to pay toward their balance may do so by making a payment through Self-Service or by contacting the Accounting Office at (318) 473-6407.

 

If a student has banking information on-file through myLSUA, funds will be direct deposited into that account.  If no banking information is available, a check will be mailed to the address on file.

Frequently Asked Questions can be found below:

What is the Higher Education Emergency Relief Fund (HEERF)?
Who is eligible to receive these funds?
I’m eligible, how much will I receive?
I know someone that goes to another college who received a different amount. Why is that?
I am a 100% online student who has had financial difficulties due to COVID-19. Why am I not receiving an award?
When will I receive my funds?
Are these funds considered a loan? Will I have to pay them back?
I owe a balance to LSUA. Will I still receive an award?
I have not submitted a FAFSA for the 2019-2020 award year. Am I still eligible?
Does the number of hours I was enrolled in during the spring semester affect my eligibility?