CARES Act Information
Updated Jan. 7, 2021
The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 were passed on March 27, 2020 by Congress and the president. The bill allotted $2.2 trillion to provide fast and direct economic aid to the American people negatively impacted by the COVID-19 pandemic. Of that money, approximately $14 billion was given to the Office of Postsecondary Education as the Higher Education Emergency Relief Fund, or HEERF. Of that total, KCU was allocated:
- Section 18004 (a)(1) – Student portion: $204,700
- Section 18004 (a) (2) – Institutional Portion: $204,699
- Section 18004 (a) (3) – Supplemental Institutional Amount: $90,601
Report of the full amount of funds allocated to KCU under Section 18004(a)(1) for support to eligible students.
Quarterly reports of the usage of Institutional funds allocated through both Sections 18004 (a) (2) and 18004 (a) (3).