CARES Act/HEERF Student Aid

SUNY Oswego acknowledges an authorized representative of the institution has signed and returned to the Department the Certification and Agreement and the institution has used, or intends to use, 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.

SUNY Oswego will receive $3,622,358.00 in HEERF funds for student aid from the Department of Education pursuant to the Certification and Agreement [for] Emergency Financial Aid Grants to Students.

SUNY Oswego has determined that an approximated 3,568 students at the institution are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

SUNY Oswego has prioritized awarding of Emergency Financial Aid Grants to its students in the following manner (methodology):

  • 75% of the funding will be directed toward EOP and Pell eligible populations to offset expenses for this population caused by the COVID-19 pandemic.
  • 25% of the funding will be directed to direct emergency grants to the general student population

This methodology is based on the federal methodology used to determine SUNY Oswego's funding amount. Higher Education Emergency Relief funding used the following formula:

  • 75% of the funds were awarded to institutions based on each institution's share of full-time equivalent (FTE) enrollment of Pell Grant recipients who were not enrolled exclusively in distance education prior to the coronavirus emergency, relative to the total FTE enrollment of such individuals in all institutions
  • 25% of the funds will be awarded to institutions based on each institution's share of FTE enrollment of students who were not Pell Grant recipients and who were not enrolled exclusively in distance education prior to the coronavirus emergency, relative to the total FTE enrollment of such individuals in all institutions.
  • Per SUNY and federal guidance, awarding HEERF funds will be prioritized based on need.

Under Section 18004(a)(1) of the CARES Act, students received awards ranging from 0 to $1,000.

Student Eligibility for CARES funds

  • Student must have a non-rejected 19/20 FAFSA with all eligibility flags satisfied
  • At this time DACA, international, and students in fully online programs prior to March 13, 2020 are not eligible based on initial guidance by the Department of Education
  • SUNY Oswego will continue to monitor additional regulatory guidance pertaining to this issue and will inform affected students should it change
  • Students must have started attendance in the Spring 2020 semester

CARES Update

As 12/14/2020, SUNY Oswego has updated it CARES disbursement plan to disburse the remaining funding. This funding is expanded to enrolled Fall 2020 Pell-eligible students. 2,158 students will receive approximately $435.

SUNY Oswego had distributed the following CARES Act funding to students under
Section 18004(a)(1)

Date Reporting Requirement Update
06/03/20 30 Day

SUNY Oswego has not
distributed any Emergency
Financial Aid Grants to
students

07/10/20 45 Day Report

SUNY Oswego has
distributed $1,635,000.00
to 1626 students.

09/30/20 Quarterly

From 07/10/20 to 09/30/20
1328 students have
received Emergency
Financial Aid Grants
totaling $1,030,858.00

As of 09/30/20 Oswego
has distributed a
cumulative amount of
$2,665,858.00 to students.

The total number of
students who have
received an Emergency
Financial Aid Grants as of
09/30/2020 is 2954.

12/31/20 Quarterly

From 09/30/20 to
12/31/20, 2184 students
received Emergency
Financial Aid Grants
totaling $956,500.00.

As of 12/31/2020, Oswego
has distributed a
cumulative amount of
$3,622,358 to students.
The total number of
students who received an
Emergency Financial Aid
Grant as of 12/31/20 is
3650.

CARES Institutional Portion Quarterly Report

Quarterly Budget and Expenditure Report

HEERF Quarterly Report 10/1-12/31