CARES Act Reporting

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 18004(a)(1) of the CARES Act, UC Santa Barbara was awarded a total allocation of $25,204,196.
Of the funding we received, 50% is to be directed to emergency financial aid grants for students, the other 50% was directed to the institution to defray operational expenses related to the impact of COVID-19. Under Section 18004(a)(2) of the CARES Act, UC Santa Barbara was awarded a further allocation of $1,964,709 as a Minority Serving Institution (MSI).

As of the period ending March 31, 2021, $9,346,405 was used to reimburse expenses incurred to ensure campus safety and operations during the pandemic. This includes costs associated with the COVID-19 testing clinic, contact tracing, and quarantine and isolation housing for students. 

To comply with reporting requirements and offer transparency to our community, the links below provide details about our use of these funds.

Student Portion

CARES Act Section 18004(a)(1) Emergency Financial Aid Grants to Students

Institutional Portion

CARES Act Section 18004(a)(1) Institutional Portion and Section 18004(a)(2) Minority Serving Institutions

 

Cares Act HEERF I, Planned Institutional Allocation $12.6M