Oregon Institute of Technology will receive $903,637 through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was recently enacted by the U.S. Congress. These funds are reserved to provide financial support in the form of emergency grants to students impacted by a disruption in campus operations due to the coronavirus.
Undergraduate and graduate students’ eligible to complete a Free Applications for Federal Student Aid https://studentaid.gov/h/apply-for-aid/fafsa and Title IV eligible may be awarded. International, DACA or undocumented students are not eligible.
Student who were exclusively admitted as online students, in online programs, are not eligible.
Expenses related to school operations as a result of the coronavirus such as medical, food, housing, utilities, technology, and course materials may be eligible expenses.
These funds will go to eligible students that complete the online Federal CARES Act Grant application (or whose academic program was directly impacted) and demonstrate eligible expenses related to the coronavirus (and school disruption) such as medical, food, housing, course materials, technology and childcare; and other unexpected expenses included in the student’s cost of attendance.
CARES ACT Grant Disbursement Process
Students that already have set up Direct Deposit will have the Cares money deposited directly into that bank account.
The Cares Act Emergency Grant does not apply to any outstanding balance owed to the university; 100% of all Cares Act Grant funds are refunded directly to the students.