St. Bonaventure University

CARES Cash Grants for Students


In spring of 2021, Congress passed the American Rescue Plan Act 0f 2021 (HEERF III) to provide additional relief to students impacted by COVID-19. As part of this legislation, institutions of higher education have been granted funding to provide students with emergency financial aid grants to help cover expenses due to coronavirus pandemic. 

St. Bonaventure University was awarded $2,124,411  in HEERF III funding to provide direct and immediate financial support to students. The university’s allocation complies with the Department of Education guidance for the distribution of emergency grant funds.

The supplemental grant requires that institutions prioritize students with exceptional need, such as students who receive Pell Grants. In addition to Pell eligible students, SBU awarded grants to undergraduate students eligible to participate in grant or loan programs offered by the U.S. Department of Education (Title IV), with the exception of students on full scholarship. The below schedule was used in awarding students.
 
  Distribution
Pell Eligible Over $3,000 $2,700
Pell Eligible between $2,000-$2,999 $2,500
Pell Eligible between $1,000-$1,999 $2,200
Pell Eligible between $0-$999 $2,000
If Not Pell Eligible $927

These funds were paid directly to students using the refund preference that they have indicated in their student account. To expedite the disbursement of these funds, students could have signed up for direct deposit. If no direct deposit was selected, a check was mailed to the permanent address on file. To view or download the notice that was emailed to each student receiving an award, click here.
 
As of November 11, 2021, St. Bonaventure distributed a total of $2,124,781 to 1,607 students eligible to receive the Emergency Financial Aid Grants.

As part of the Department of Education Higher Education Emergency Relief Fund (HEERF III) quarterly reporting requirement, we will provide the Quarterly Budget and Expenditure Report for the quarter ending December 31, 2021.
 
Students with questions regarding the HEERF/CARES Act grants may contact finaid@sbu.edu and studentaccounts@sbu.edu 
 

On December 27, 2020, Congress passed the Higher Education Emergency Relief Fund II (HEERF II) to provide additional relief to students impacted by COVID-19. As part of this legislation, institutions of higher education have been granted funding to provide students with emergency financial aid grants to help cover expenses due to coronavirus pandemic. 

St. Bonaventure University was awarded $796,315 in HEERF II funding to provide direct and immediate financial support to students. The university’s allocation complies with the Department of Education guidance for the distribution of emergency grant funds.

The supplemental grant requires that institutions prioritize students with exceptional need, such as students who receive Pell Grants.  In addition to Pell eligible students, SBU awarded grants to undergraduate students eligible to participate in grant or loan programs offered by the U.S. Department of Education (Title IV), with the exception of students on full scholarship.

The below schedule was used in awarding students.

  Distribution
Pell Eligible Over $3,000 $1,250
Pell Eligible between $2,000-$2,999 $1,050
Pell Eligible between $1,000-$1,999 $900
Pell Eligible between $0-$999 $800
If Not Pell Eligible $326

These funds were paid directly to students using the refund preference that they have indicated in their student account. To expedite the disbursement of these funds, students could have signed up for direct deposit. If no direct deposit was selected, a check was mailed to the permanent address on file.

A letter was emailed to each student receiving an award. (Download the letter.)

As of April 14, 2021, St. Bonaventure distributed a total of $796,606 to 1,508 students eligible to receive the Emergency Financial Aid Grants.

As part of the Department of Education Higher Education Emergency Relief Fund (HEERF II) quarterly reporting requirement, we will provide the Quarterly Budget and Expenditure Report for the quarter ending June 30, 2021.

Students with questions regarding the HEEERF/CARES Act grants are asked to please contact finaid@sbu.edu and studentaccounts@sbu.edu .



On March 26, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide immediate relief to Americans impacted by COVID-19. As part of this legislation, institutions of higher education have been granted funding to provide students with emergency financial aid grants to help cover expenses related to the disruption of campus operations due to coronavirus.

On April 14,2020, St. Bonaventure University signed the certification and agreement necessary to formalize the disbursement of the CARES Cash Grant to the institution.

On April 22, 2020, St. Bonaventure University was awarded $796,315 in Emergency Financial Aid Grant funding to provide direct and immediate financial support to students. We have worked diligently to develop a meaningful and equitable distribution plan for this funding as follows:

All SBU campus-based full-time undergraduate students for the Spring 2020 semester, as of May 14, were eligible for the CARES Act if they were qualified to participate in federal grant or loan programs offered by the U. S. Department of Education. (Title IV).  Excluded from this grant were students who received total scholarships from SBU and federal and state grants that paid for their full tuition and fees. The university distributed the same grant amount to all eligible full-time campus-based students, whether they were living in residence halls or off-campus, during this transition to on-line learning for the Spring 2020 semester.  This grant should be used for expenses due to the disruption of campus operations.

These funds were paid directly to students using the refund preference that they have indicated in their student account.  To expedite the disbursement of these funds, students could have sign up for direct deposit. If no direct deposit was not selected, a check was mailed to the permanent address on file.

As of May 22, 2020, St. Bonaventure distributed a total of $797,220 to 1,545 students eligible to receive the Emergency Financial Aid Grant.

As part of the Department of Education Higher Education Emergency Relief Fund (HEERF) quarterly reporting requirement, we provide:

In addition to the Emergency Financial Aid Grant, at May 22, 2020, St. Bonaventure distributed per Department of Education guidelines, federal work-study funds were awarded by estimating hours and transferring those estimates to a SEOG grant. 

Students with questions regarding the CARES Act grants, please contact Financial Aid and Student Accounts.