Louisiana Tech University has established the Coronavirus Aid, Relief, and Economic Security (CARES) Act Grants to provide emergency financial assistance to help cover expenses related to the disruption of campus operations due to coronavirus including eligible expenses under a student’s cost of attendance (COA), such as food, housing, course materials, technology, health care, and child care. The funds that are awarded will be posted on the student’s account and refunded in the form of a direct payment to the student. It is recommended that students set up direct deposit to their checking account so that funds will be readily accessible for needed expenses.
Direct Deposit Authorization for Refunds
If you have already signed up for electronic deposit, you are not required to update your authorization unless your banking information has changed. As always, it is important to review your direct deposit authorization on BOSS if you have recently changed your personal banking information.
- Logon to BOSS (boss.latech.edu) using your BOSS PIN
- Select “Electronic Deposit of Refunds/Student Payroll” option on the Personal Info menu
- Follow the instructions to complete the Electronic Deposit Authorization form
- You must provide the bank routing number and account number that are located on your check or deposit slip.
- If you have questions or need additional information on direct deposit, please email email@example.com.
The CARES Act Grant Application is available on Academic Works. You may contact CaresActGrant@latech.edu for information on the CARES Act Grant Application or by utilizing the chat feature on the Financial Aid website. Students must submit their CARES Act Grant Application for the no later than the close of business by the following deadline:
Spring Quarter – May 15, 2020
Summer Quarter – June 12, 2020
Decisions regarding funding will be made on a case-by-case basis and are considered final.
Students who do not meet the submission date will have their grant applications considered only if funding is still available.
Criteria for CARES Act grant application
In order to qualify for CARES ACT Grant Application, students must:
- be eligible or could be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA) (completed a 2019-2020 FAFSA);
- be a degree-seeking undergraduate/graduate student currently enrolled at Louisiana Tech University during the Summer Quarter of 2019-2020;
- must not have been enrolled in an exclusively online degree program prior to the COVID-19 pandemic during the Summer Quarter of 2019-2020;
- have incurred expenditures due to the COVID-19 related circumstances that have affected their Cost of Attendance (COA) related to the disruption of campus operations while attending Louisiana Tech University;
- submit an application which indicates your individual expense categories incurred related to COVID-19;
Other guidelines for application
- Award amounts vary by student. Factors considered in the CARES Act Grant application award amount include one or more of the following: COVID-19 related expenses, the completion of the FAFSA (ISIR), Pell Eligibility, and unmet need. Factors considered for additional award amounts are considered if high cost or special circumstances related to COVID-19 expenditures and supporting documentation have been submitted for Spring Quarter ONLY applications (not available for the Summer Quarter).
- CARES Act Grant funds will not be considered as estimated financial assistance for federal financial aid purposes.
- The application will be reviewed by the Office of Financial Aid for an initial award and forwarded to a university committee for review of additional award amounts if high-cost expenditures or special circumstances have been indicated by the student and supporting documentation is attached.
- First priority will be given to students in the order that the application was received and who have submitted a complete application by the deadline. Balances owed on student accounts will not be deducted from the CARES Act Grant funds. Any balance on the account is still the responsibility of the student.
The grant application is applicable to Spring Quarter of the current year or until all funds are exhausted.
Students may make application by the specified deadline. Late applications will be considered if funding is still available. Funds will be awarded until all funds are exhausted.
The student must continue to meet the criteria to remain eligible for the disbursement after awarding.
Notification will be made known as soon as approval/denial for the grant is reviewed. Specific amounts and procedures for application will be made available on the financial aid web site. All students will be notified of availability by email. Other general communication modes will be utilized to make availability known.