COVID-19 Emergency Funding – CARES Act
YVC students with financial hardship related to the campus closing and moving all classes and services to an online system due to the COVID-19 health crisis may qualify for emergency funds from the federal CARES Act.
All currently registered spring quarter Yakima Valley College students who meet the following criteria are eligible to apply:
- Must have a high school diploma or equivalent (GED).
- Must be working on financial aid eligible degree or certificate.
- Must be a U.S. citizen, or permanent resident.
- Must not be in default of a federal student loan or owe a repayment of a federal grant.
- Must register with the Selective Service if a male, and at least 18 years old.
- Must be in good standing with Financial Aid Satisfactory Academic Progress Policy.
Other factors affecting eligibility and the amount awarded to students include:
- Expected Family Contribution (EFC)
- Number of credits currently enrolled in
Students who have financial hardship due to COVID-19 due to disruption in campus operations and who are or could be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA), may receive emergency financial aid grants. If a student has filed a Free Application for Federal Student Aid (FAFSA), then the student has demonstrated eligibility to participate in programs under Section 484 the HEA. Students who have not filed a FAFSA but who are eligible to file a FAFSA are encouraged to complete an application for both the 2019-20 & 2020-21 academic year.
Please submit the online application. The maximum amount awarded per quarter is $500.
Results or requests for additional information will be communicated via the Financial Aid Portal or email. Funding will be disbursed using your refunding preference established with BankMobile. Please be sure your current address is on file with our registration office. Here is more information about BankMobile. Please contact YVC’s Financial Aid office for additional information about establishing your refund preference.
CARES Act Questions and Answers
The CARES Act is federal legislation that provides a variety of financial support to individuals and businesses affected by the COVID-19 (novel coronavirus) pandemic. One part of this federal program allocates money to Yakima Valley College, and a portion of that allocation can be awarded to students who are experiencing financial expenses because of the campus disruption in operations due to the coronavirus.
Expenses need to be related to changes in campus operations due to the coronavirus. Unanticipated expenses in the following areas qualify:
- Course Materials (books, related school supplies)
- Technology (computer, computer accessories, software, internet access, printer)
Students are eligible for a maximum of $500 in support for each academic quarter. Amounts are determined by students’ Expected Family Contribution (EFC) and the number of credits they are enrolled in. You must re-apply for funding each quarter. Applications are processed in the order received while funds remain available.
First, be sure to check that your current address is on file with the college’s registration office. An incorrect address could cause a significant delay in receiving the funds. Check your address by logging into your Student Portal and going to “Show Student Info”.
Then check the requirements above and ensure that the expenses are related to disruption in college operations due to the coronavirus. Then please submit the online application.
No, money received through this fund does not need to be repaid.
No, this funding does not negate nor replace financial aid, and it is a one-time grant.
Yes, enrolled students can apply in each of the following quarters. While funds remain available, we anticipate taking applications Spring 2020, Summer 2020, and Fall 2020. Awards are made in the order that applications are received.
Applications are taken throughout the quarter – there is no deadline to apply. Funds are distributed no sooner than the 10th day of the quarter.
No. Emergency financial aid grants under the CARES Act are qualified disaster relief payments under section 139 of the Internal Revenue Code. This grant is not includible in your gross income.
The funds will be delivered to you via Bank Mobile. Instructions are available on how funds are disbursed and how to set up a preference for receiving a refund. Also, note that these funds will go out to you without paying any outstanding charges you may have; you may view your Student Account balance within the portal.
CARES Act Reporting
On April 28, 2020, Yakima Valley College received funds under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. YVC intends to use the funds to provide emergency financial aid grants to students.
Total Funds Received
Yakima Valley College received funds totaling $2,020,863.
Total Grants Distributed
Yakima Valley College has awarded $787,675 grants to students under Section 18004(a)(1) of the CARES Act as of (date).
Yakima Valley College estimates that 3,600 Spring 2020 students 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 as of May 28, 2020.
Number of Students Helped
Yakima Valley College has helped a total of 1,977 students by providing Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act as of August 8, 2020.
In addition to information and instructions provided here, the following communication was emailed to all potentially eligible students:
The Department of Education has released guidance that limits CARES Act Emergency Financial Aid Grants to students that have submitted a Free Application for Federal Student Aid (FAFSA). Help is available if you need assistance completing your FAFSA; see attached instructions. Following the Department of Education’s guidance, we have established a simple online form for you to acknowledge that the disruption to campus operations has had a financial impact on you and your household. We ask that you complete this application so that as soon as YVC receives these Emergency Financial Aid Grants we can begin to award them. These funds will be delivered to you via Bank Mobile. Instructions are attached to this email in case you did not set up a preference for receiving a refund. Also, note that these funds will go out to you without paying any outstanding charges you may have; click here to check your Student Account balance.