The Coronavirus Aid, Relief, and Economic Security Act or, CARES Act, was passed by Congress and signed by President Donald Trump on March 27th, 2020. This bill allotted $2.2 trillion to provide fast and direct economic aid to the American people negatively impacted by the COVID-19 pandemic. Of that money, approximately $14 billion was given to the Office of Postsecondary Education as the Higher Education Emergency Relief Fund, or HEERF. Of this amount, $12.6 billion was allocated directly to colleges and universities.
Under Section Section 18004(a)(1) of the CARES Act, UC Santa Barbara is eligible for a total allocation of $25,204,196, at least 50 percent of which must be used to provide emergency financial aid grants to students for expenses related to the disruption of campus operations due to coronavirus. Under Section 18004(a)(2) of the CARES Act, UC Santa Barbara is eligible for a further allocation of $1,964,709.
To comply with reporting requirements and offer transparency to our community, the links below provide details about our use of these funds.
- CARES Act Section 18004(a)(1) Emergency Financial Aid Grants to Students
- CARES Act Section 18004(a)(1) Institutional Portion and Section 18004(a)(2) Minority Serving Institutions