Texas State Announces $30 million in financial assistance from Bobcat Cares Program
Texas State University announces the Bobcat Cares program to provide funds directly to currently enrolled and eligible students with COVID-19 related expenses, emergency grants to all students enrolled in summer courses, pro-rated refunds of certain spring semester charges, and a new scholarship to cover fee and tuition costs for the fall 2020 semester.
The $30 million in student assistance includes over $15 million in federal emergency funding from the Higher Education Emergency Relief Fund authorized by the CARES Act. The CARES allocation will help Texas State students deal with the financial burden caused by the COVID-19 crisis and assist with the costs of attending college by providing money directly to them.
“For many of our students, the financial insecurity brought on by COVID-19 is an overwhelming burden,” said Texas State University President Denise Trauth. “I want to thank the members of our Texas Congressional delegation for their support of the CARES Act and the help it is providing our students. Our goal is to get this money to them as quickly as possible to help meet their immediate needs so they can focus on continuing their education at Texas State.”
Currently enrolled full-time and part-time students can apply to the university for funding to offset expenses incurred related to housing, food, and technology and course materials. Beginning April 27, students can complete a brief online application showing their need for the funds. The emergency grants are based on student expenses related to the disruption of campus operations due to COVID-19, and the funding is not tied to existing financial aid programs such as the Pell grant. The money will be distributed directly to students as quickly as possible.
In addition to the CARES Act funds, Texas State has identified $5 million to provide all students enrolled in funded courses during Summer I and/or Summer II classes a one-time emergency grant equal to $50 per credit hour up to $600 across both summer sessions. The grant funding will be in the form of a credit to student accounts to reduce the cost of summer courses.
For students currently enrolled in the spring semester, the university is issuing more than $10 million in pro-rated refunds and credits for on-campus housing for those who moved from university residence halls to slow the spread of the coronavirus, parking fees, and dining. In addition, students employed through the Federal and State Work Study programs who have been unable to work onsite or remotely due to the COVID-19 situation will receive emergency grants.
To support students enrolling in the fall 2020 semester, the university created the new Bobcats to Bobcats scholarship fund with a goal of providing $1 million to help students pay for tuition and fees as they continue their education.
“I want our students and their families to know their safety is our top priority, and we are just as committed to helping them gain financial security in these very uncertain times. Texas State will do everything in our power to support our students during this difficult time so that they can continue to pursue the education and careers they desire,” Trauth said.