Federal CARES Act Reporting Disclosure
Posted: May 26, 2020
From: University Scholarships and Financial Aid
Virginia Tech signed the Funding and Certification Agreement for the Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act on April 24, 2020 and returned the agreement to the U.S. Department of Education on April 27, 2020.
Virginia Tech is using 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. Virginia Tech received $9,699,494 from the U.S. Department of Education for Emergency Financial Aid Grants and has awarded 9,801 students $6,845,950 in Emergency Financial Aid Grants under the CARES Act.