CARES Act Funding Distribution Update

As a follow-up to my recent message regarding USF’s application for emergency funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act, I am pleased to report that USF has now received the first half of our expected funding

Dear USF Community,

As a follow-up to my recent message regarding USF’s application for emergency funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act, I am pleased to report that USF has now received the first half of our expected funding — $3.6 million earmarked exclusively for direct financial assistance to students. In addition, the president’s cabinet has approved a process and guidelines for how USF will distribute this money in the form of student grants.

This emergency funding will be provided directly to more than 3,000 USF undergraduate and graduate students in the coming weeks based on financial need. Grant amounts will range from $500 to $1,500 depending on a student’s level of financial need as defined by the Free Application for Federal Student Aid (FAFSA). Students who do not meet FAFSA eligibility requirements will be able to apply for USF-funded grants through the university’s COVID-19 Response Fund, which includes significant contributions by members of the USF Board of Trustees. 

By coupling CARES Act funding with USF-funded grants, we are able to distribute financial assistance equitably to our diverse community in keeping with our mission. This includes supporting our DACA-identified and undocumented students who are excluded from CARES Act eligibility according to guidelines developed by the U.S. Department of Education.

Students will receive more information from Vice Provost for Strategic Enrollment Management Michael Beseda in the coming days about how the CARES Act funding will be distributed and how to apply for the USF COVID-19 Response Fund grants. 

Please reach out to me for general questions about the university’s CARES Act funding or to Vice Provost Michael Beseda for questions about grant distribution to students.

Thank you for your continued support of the University of San Francisco community. 

Sincerely, 

Shirley McGuire
Senior Vice Provost for Academic Affairs

Tuesday, May 12