The Federal Coronavirus Aid, Relief and Economic Security (CARES) Act passed by Congress and signed into law on March 27, 2020 is intended to provide economic relief for individuals impacted by the pandemic.
Under CARES, the U.S. Department of Education was authorized to provide funding to institutions of higher education to award in the form of emergency financial aid grants to students. These emergency grant funds will be available to eligible Mississippi Valley State University (MVSU) students who are experiencing unexpected expenses, including eligible expenses under a student’s cost of attendance such as food, housing, course materials, technology, health care, and child care. In keeping with federal guidance, MVSU will prioritize students with the greatest financial need.
Mississippi Valley State University will receive a total of $3,079,829 of which at least half ($1,539,915) must be provided directly to students for their expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, health care, and child-care. The other half maybe used by the university to cover costs associated with significant changes to the delivery of instruction due to the coronavirus.