App State COVID-19 Update: Coronavirus Relief Funds
According to a school-wide App State email sent on Saturday, The U.S. Department of Education is getting ready to release its first wave of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is funding that will go directly to students in the form of emergency grants meant to help disruptions in their education during the COVID-19 pandemic.
The email also states:
"This funding comes with very specific qualification standards and must align with statutory requirements. We expect significant Federal oversight as well as standardized criteria and disbursement instructions from the UNC System. App State is working closely with UNC System leadership to develop and implement guidelines to meet the federal requirements for the disbursement of student emergency grants.
The passage of the CARES Act and Appalachian’s allocation is welcome news, and we are appreciative of our congressional leaders and the advocates who ensured Appalachian’s allocation. This grant will go a long way toward offsetting COVID-19 expenses, yet we still expect a significant budget shortfall, given our incurred costs and lost revenue to date, and our estimated additional costs and lost revenue through the end of this fiscal year.
We will provide additional information and updates as we have them."
For the latest updates on how App State is responding to COVID-19, visit the App State Coronavirus Information page.