On April 19, The Department of Education provided over $6 billion in emergency grant funding for colleges to distribute to students affected by the coronavirus. The funding is available through the Higher Education Emergency Relief Fund authorized by the Coronavirus Aid, Relief and Economic Security (CARES) Act.
North Carolina Wesleyan College received funds under the CARES Act to provide emergency grants to students for COVID-19 related expenses. The grants are awarded based on certain eligibility criteria under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA), from demonstrated need and will provide funds for students to use towards eligible expenses under a student’s cost of attendance, including food, housing, course materials, technology, health care, and childcare. The funding is being distributed as emergency grants to students whose lives and education have been affected by the disruption of campus operations due to the coronavirus pandemic.
If eligible to receive the federal CARES Act Emergency Grant Funds, the steps below must be followed before processing payment. These steps include the optional use of direct deposit* to receive the funds no later than Wednesday, May 13th at 11:59 pm. If you do not complete by the deadline or cannot provide the financial information for the optional direct deposit method, a paper check will be mailed to the address on record at North Carolina Wesleyan College. This method can take between 1-2 weeks.
Follow the instructions below to set up direct deposit in your MyNCWC student portal:
- Click the link my.ncwc.edu/ICS/Students/Free-form_Content_4.jnz?portlet=EX_FormFlow_-_Forms
- Sign in using your NCWC ID & Password
- Select the Students tab at the top.
- Select Forms on the right-hand side.
- Select Authorization for ACH/Electronic Payment
*It will take approximately 48-72 business hours from your notification date for the funds to be deposited into your bank account. Some banks make take longer to process payments.
Federal CARES Act Emergency Grant FAQs
Who is eligible for the Federal CARES Act Emergency Grant?
Students who meet basic eligibility criteria for federal financial aid and who have the greatest financial need can be considered for these funds.
Unfortunately, the U.S. Department of Education does not allow these funds to be used for international students, undocumented students, non-matriculated students or students enrolled in distance (online)-only degree programs, or exclusively taking online courses.
How much is the award amount?
Award amounts vary by student.
Do I have to repay the CARES Act Emergency Grant?
Typically, you would not need to repay the amount awarded to you. The CARES Act Emergency Grant funds are designed to be a grant, not a loan.
Would this grant reduce my financial aid?
No, these funds do not negate nor replace financial aid. It is a one-time grant.
What if I have a balance at North Carolina Wesleyan College?
The full amount of the Emergency grants funds will be given directly to the students and North Carolina Wesleyan College will not hold the funds to pay any outstanding balance owed.