Additional relief funds to be released beginning this week
Posted: April 29, 2020
Gannon University has just received its allocation of CARES Act funds and will begin distribution to students as early as this week. This money is in addition to Gannon University funds that are being distributed to support the needs of our students in this challenging time.
The amount each student will receive was determined in part using the “expected family contribution,” a measure of financial need used by the federal government and the University from students’ submission of the FAFSA. Based upon these calculations and the pool of funds available, the average amount of aid from the CARES Act fund is $505. Specific amounts to our individual students will vary.
The University received $1.3 million from the government Tuesday and the University is forwarding this support directly to students via direct deposit or check. The transfers are expected to start Friday, May 1.
Full-time undergraduate and graduate students who filled out their FAFSA were considered for these funds. Pursuant to language in the CARES Act, international students, and others not eligible for Title IV funding, cannot receive these payouts.
Recognizing that there might be some students with extenuating circumstances, a small portion of the federal dollars has been held in reserve to be used along with University funded aid to help resolve special situations over the next couple of months. Students are encouraged to reach out to our Financial Aid office at 814-871-7337 or firstname.lastname@example.org if they wish to request consideration for these additional funds.
Please know that we are here if you need anything and we are working diligently as you all are to make the best of this situation. We want to see you be successful, manage through the summer, and return to continue your education in the coming year.
If you have a question or a comment, you can submit it at https://www.gannon.edu/Questions-or-Comments/.
Thank you for your flexibility and persistence in this ever-evolving situation. We will continue to keep everyone informed as events unfold. Continue to visit https://update.gannon.edu for our latest decisions and for resources to assist you.