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OLLU CARES Act Emergency Funds

DEADLINE EXTENDED: Due to the recent severe winter weather and power outages, OLLU has extended the deadline for applying for CARES Act Funds for eligible students. The application for this round of funding will remain open through March 3, 2021. 

The university will distribute $175 to every eligible full-time student and $100 to every eligible part-time student currently enrolled.

These funds are from the act passed in March 2020 and must be distributed according to eligibility requirements set by that act. Please see important eligibility information below.

Hands surrounding heart

I submitted a 2020-2021 FAFSA at OLLU.

 

Female student focused in on laptop


  • I am a U.S. citizen or eligible non-citizen
  • I have a valid Social Security number
  • I am a high school graduate or have a GED
  • I registered for Selective Service (if applicable)
  • I am in a program that was not fully online prior to the pandemic
Apply for CARES Acts funds now.

I am eligible to apply for financial aid, but did not submit 2020-2021 FAFSA.

Male student sitting in class


  • I am a U.S. Citizen or eligible Non-Citizen
  • I have a valid Social Security number
  • I am a high school graduate or have a GED
  • I registered for Selective Service (if applicable)
  • I am in a program that was not fully online prior to the pandemic
Complete the FAFSA Now

I am not eligible to apply for federal financial aid or CARES Act funds but still need assistance.

Female students sitting down talking


  • International students
  • DACA students
  • Texas residents who do not have U.S. residency or citizenship
  • Students in programs that were fully online prior to the pandemic
OLLU Caritas Student Emergency Fund Application

Eligibility Information

The U.S. Department of Education provided the following eligibility guidelines:

  • Only students who are or could be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act (HEA) of 1965, as amended, may receive emergency relief funds. If a student has filed a Free Application for Federal Student Aid (FAFSA), then the student has demonstrated eligibility to participate in programs under Section 484 of the HEA. Students who have not filed a FAFSA but who are eligible to file a FAFSA also may receive emergency relief funds. The criteria to participate in programs under Section 484 of the HEA include but are not limited to the following: U.S. citizenship or eligible noncitizen; a valid Social Security number; registration with Selective Service (if the student is male); and a high school diploma, GED, or completion of high school in an approved homeschool setting.
  • Students must be enrolled in programs that were not fully online prior to the start of the pandemic. Students in programs that were fully online prior to the pandemic are not eligible for these funds, but are eligible to apply for assistance through OLLU Caritas Student Emergency Fund .
  • The emergency financial aid funds are for expenses related to the disruption of campus operations due to coronavirus.

PLEASE NOTE: Eligibility requirements listed above are from the March 2020 CARES Act. The university has not received funding from or guidance on the distribution of money from the December 2020 COVID relief bill. OLLU is working with area Congressional representatives to request that students in programs that were fully online prior to the pandemic be included in the next round of funds that are distributed; however, eligibility requirements are set by the federal government and the university must adhere to those requirements.

 

E-Refund

The fastest way to receive funds is through E-Refund. If you have not signed up for E-Refund, visit Self Service Student Finance in the myOLLU portal to receive your funds via electronic fund transfer. You can set-up E-Refund by selecting “Refunds,” followed by “Payment Profile.” You will need to have your bank's routing number and your personal bank account number available to enter onto the enrollment page. 

 

Please note: While the federal government does not allow CARES Act funds to be distributed to students with DACA status or others who are ineligible under the HEA, OLLU is committed to assisting all our students who are dealing with emergency needs. We have received donations that we are using to help students who apply for assistance through the OLLU Caritas Student Emergency Fund .

 

Have Questions? Contact the Financial Aid Office at finaid@ollusa.edu.

 

 CARES Act Compliance

The Coronavirus Aid, Relief and Economic Security (CARES) Act allocates funds to support individuals and businesses/organizations, including colleges and universities, affected by the pandemic and economic downturn. OLLU has received funds under the CARES Act and is working to provide emergency assistance to as many students as possible to help them meet their emergency financial needs during this challenging time.

View the OLLU CARES Act Quarterly Budget and Expenditure Report online.

Report and Disclosure
CARES Act Emergency Assistance
Our Lady of the Lake University

An acknowledgement that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

OLLU signed and returned to the Department of Education the Certification and Agreement. The university will award $1,039,140 of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.

The total amount of funds that OLLU received on April 20, 2020, from the U.S. Department of Education for distribution to students is $1,039,140.

The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).

The total amount of emergency grants distributed to students under section 18004(a)(1) of the CARES Act as pf Jan. 31, 2021 is $842,200. A third distribution for spring semester 2021 is going on now. 

The estimated total number of students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

The estimated total number of students at OLLU eligible to participate in programs under section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive emergency grants under section 18004(a)(1) of the Cares Act is 1,391.

The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.

The total number of OLLU students enrolled who received an emergency grant under section 18004(a)(1) of the CARES Act as of Sept. 30, 2020 is 1,302.

The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.

Students submitted CARES Act emergency financial aid grant applications indicating their need for funds due to expenses related to the disruption of campus operations due to COVID-19.

The verified FAFSA was used to confirm that recipients met the eligibility requirements of the CARES Act.

Students who were eligible to receive CARES ACT funding were awarded amounts up to $400.

Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

Information regarding the application for, and awarding of, the CARES Act emergency aid grants was published on the university’s website at https://www.ollusa.edu/health-safety/emergency-preparedness/coronavirus-information/cares-act-funds/index.html. Pell eligible students were sent an email directing them to the CARES Act information and application.

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