CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act is a piece of legislation passed by the United States Congress in response to the COVID-19 pandemic. The act includes provisions for students and higher education institutions.
About The CARES Act
The CARES Act, which was signed into law by President Trump in March 2020, is a federal law that provides emergency relief measures in response to the COVID-19 pandemic.
The CARES Act allocates $2.2 trillion in funds to address the health and economic impacts of the pandemic, including a number of provisions related to higher education and student aid.
The CARES Act includes provisions to provide financial relief to students who have been affected by the pandemic. These provisions include a suspension of federal student loan payments, interest, and collections through September 30, 2021. In addition, the Act provides for emergency financial aid grants to students who have experienced financial hardship as a result of the pandemic, including those who may not have been eligible for other forms of financial aid.
Financial Programs
Emergency Financial Aid Grants for Students
The CARES Act provides funding to colleges and universities to distribute as emergency financial aid grants to students for expenses related to the disruption of campus operations due to the pandemic.
Expansion of Federal Student Aid
The CARES Act expands federal student aid, including increasing the maximum Pell Grant award and allowing students to use their federal financial aid to purchase technology needed for remote learning.
Student Loan Relief
The CARES Act provides temporary relief for student loan borrowers, including a freeze on student loan payments and interest accrual through September 30, 2021.
Workforce Development
The CARES Act provides funding for workforce development programs, including those aimed at helping students and recent graduates enter the workforce.
Note
It’s important to note that the CARES Act provisions related to higher education and student aid are temporary and may be subject to change as the pandemic situation evolves. Additionally, the exact implementation of the provisions may vary by state and institution.
Student
How can students apply for CARES Act funds?
Students should apply by completing the Emergency Financial Aid Grant (CARES Act) Student Request Form.
Who is eligible for CARES Act funds?
Students who:
- Are currently enrolled in Certificate/Diploma programs.
- Are not enrolled in a fully online program.
- Have filed a 2019-2020 Free Application for Federal Student Aid (FAFSA) (Students who have not completed a FAFSA can still do so).
- Maintain satisfactory academic progress.
- Do not owe a refund for any federal student aid or are not in default on federal student loans.
- Are a U.S. citizen or other Title IV eligible noncitizen.
I’m a student, but I’m not eligible for CARES Act financial assistance. What financial help is available to me?
If you need emergency aid, please complete an EMERGENCY FINANCIAL AID GRANT (CARES ACT)
STUDENT REQUEST FORM
Assistance offered through this process may also be in the form of referrals or non-financial assistance. Financial assistance is subject to availability of funds and student eligibility as determined by NPTI. Every student is encouraged to submit an application. If you do not meet the requirements for CARES Act funding, NPTI will evaluate your application to determine whether other forms of financial and non-financial assistance may apply.
If I filed a 2019-2020 FAFSA and did not qualify for federal student aid, including loans, but my financial situation has changed, can a FAFSA be revised?
Students whose financial situation has changed should visit/contact NPTI’s Financial Aid Department.
What are the types of expenses covered by CARES Act funding?
CARES Act funding will cover expenses related to the disruption of campus operations due to Coronavirus (including eligible expenses under a student’s cost of attendance such as food, housing, course materials, technology, health care and child care).
What should I do if I’m not sure that my expense would be covered by CARES Act funding?
We encourage all students in need to fill out an EMERGENCY FINANCIAL AID GRANT (CARES ACT)
STUDENT REQUEST FORM
describing the resources and/or funding they need to successfully pursue their studies. If you do not meet the funding requirements for CARES Act funding, NPTI will evaluate your application to determine whether other forms of assistance may apply.
How long before I know if I am awarded?
Our goal is to provide funding decisions within 5-7 business days depending upon the sufficiency of your application and provided documentation. Follow-up questions and supplemental information can be sent to
financialaid@npti.edu.
How will I receive the funding if my request is approved?
Paper Check
A paper check will be generated with the student’s information we have on record. Be advised that this method can take between two and three weeks.
How much funding will I get?
Award amounts vary by student and are unique to each student’s economic circumstances.
What types of documents should I submit to support my request for need?
Copies of lease agreements, mortgage statements, utility bills, car repair estimates or other receipts, invoices or forms that document expenses will help us evaluate your request.
What if I am not funded the amount that I requested?
Every application is evaluated individually, and the amount granted is based on documented qualified expenses and available funding. If you need additional help, you can submit a new request.
I need more funding; can I submit more than what I originally requested?
Yes, you can submit additional requests if you have additional documented need.
Community
Where do I refer a student that needs help?
If a student needs financial assistance, they should complete the aid request form. Students should submit an EMERGENCY FINANCIAL AID GRANT (CARES ACT)
STUDENT REQUEST FORM
You can also send an email to financialaid@npti.edu with the name of the student and a staff member will reach out to the student to assist him or her in completing the request form.
Faculty/Staff
Where do I refer a student that needs help?
If a student needs financial assistance, they should complete the aid request form. Students should submit an EMERGENCY FINANCIAL AID GRANT (CARES ACT)
STUDENT REQUEST FORM
You can also send an email to financialaid@npti.edu with the name of the student and a staff member will reach out to the student to assist him or her in completing the request form.
How to Apply?
If you have any questions or concerns, feel free to contact the Financial Aid Department at NPTI:
Email: financialaid@npti.edu
Phone: (305) 461-2223 Ext. 110
Person of Contact: Dayami Leon, Senior Financial Aid Officer
If you want to apply, complete the following form:
