CARES Act Funds
Student Emergency Funds
OLLU has secured addition emergency funds available through the Higher Education Emergency Relief Fund or CARES Act. Eligible students can apply for funds that can be used to pay up to $2,000 towards account balances with the university and/or $200 for other emergency related expenses.
The U.S. Department of Education granted the funds to OLLU to be used toward operational and other expenses. The university is opting to use the funds to directly assist students.
The application will close on Tuesday, Sept 6 at 5 p.m. (CST).Apply online
To date, the university has awarded 89% of the federal funds it received for students and anticipates that all funds will be distributed during this application period.
The U.S. Department of Education issued guidance for distribution in the form of Frequently Asked Questions . These have served as OLLU guidelines for distribution of funds. See additional information about eligibility and distribution of funds below.
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- All currently enrolled OLLU students are eligible to apply for emergency aid.
- “All” students include citizens, permanent residents, refugees, asylum seekers, Deferred Action for Childhood Arrival (DACA) recipients, other DREAMers and similar undocumented students, and international students. Students who are enrolled in an online program also are included.
Allocation of Funds
According to the federal guidance, students with exceptional need receive priority for funding. Priority is given to students who are Pell eligible. Therefore, it is highly recommended that you have a 2021-2022 Free Application for Federal Student Aid (FAFSA) on file with the Financial Aid Office. In addition, the U.S. Department of Education encourages institutions to prioritize domestic students, especially undergraduates, in allocating this funding. Domestic students include citizens, permanent residents, refugees, asylum seekers, DACA recipients, other DREAMers, and similar undocumented students. OLLU will make the following pools available:
- No more than 65% of available HEERF funds will be made available to undergraduate students meeting the above qualification.
- No more than 35% of available HEERF funds will be reserved for all other eligible students, including master’s, doctoral, and international students.
- If either pool still has available funds on Jan. 31, 2022, all students meeting overall eligibility will be able to apply.
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.
CARES Act Compliance and Reporting
For information and quarterly reports on CARES Act funding distribution at OLLU, please visit the CARES Act Reporting webpage .