William Paterson University of New Jersey (WPUNJ) signed the Recipient’s Funding Certification and Agreement Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act Section 18004(a)(1) of the CARES Act, Pub. L. No. 116-136 on April 15, 2020. WPUNJ received $9,763,356 in CARES funds and will disburse 50% ($4,881,678) in emergency assistance to students. WPUNJ estimates that 7,200 students are eligible to apply for the CARES emergency grants. Status of Grants Distribution The total number of awards and amount of Emergency Financial Aid Grant distributed to students under Section 18004(a)(1) of the CARES Act as of 8/6/2020. Total awards Total distributed Phase 1 3,566 $881,678 Phase 2 4,121 $3,983,488 The University will post and update on this webpage every two weeks the number of awards made and the total amount of grant funds disbursed to-date. Distribution of Funds to Students Students may apply for a CARES funding grant beginning June 8, 2020. All students who indicate eligible expense in the application form and submit the form by the final application due date will receive aid. Grants to students will be distributed in two phases. The intent of phase one is to distribute cash to students as quickly as possible. By extending the process into a second phase which will be open through late July, the longer period of time will allow for thorough communication to students along with additional time for students to update expenses in their application form if needed. Application Available DateFinal Application Due DateGrant Payout DatesAmount of Funding to be DistributedAmount of Grant per Student Phase 1 June 8, 2020 Open Until All Funds Disbursed* June 15, 2020 and ongoing $881,678 Up to $250* Phase 2 June 8, 2020 July 22, 2020** July 29, 2020 – August 5, 2020 $4,000,000 $400-700** Estimated *The phase one maximum award per student is $250. Phase one awards will be made on a first come, first serve basis until the full amount of funding is disbursed. ** Phase two funding will be fully disbursed to the pool of students who have applied as of the Final Application Due Date. If all eligible students apply for phase two funds, the per-student award amount is estimated to range between $400 and $700. Actual award amounts will be higher if fewer students apply. The phase two actual grant amounts will be calculated based on a tiered allocation that considers level of need based on students’ estimated family contribution (EFC). Each student’s award will be limited by and the amount of expense reported by the student in the application form. Student Application Process To apply for a CARES Emergency Grant, students must complete the CARES Emergency Grant Program application form by the final application due date of July 22, 2020.