COVID-19 Student Financial Support
We understand how difficult this semester has been with the disruption and uncertainty caused by COVID-19, especially when it comes to your finances. We want to help you by providing you the information you need about available financial help. Read below for details about the CARES Act, Biola’s Emergency Fund and other financial resources.
The Coronavirus Aid, Relief and Economic Security (CARES) Act was approved by Congress in late March. The aid included approximately $14 billion for colleges across the nation. The distribution of aid dollars to colleges was determined by the number of Pell Grant recipients at a given college. Biola will receive $3,922,227, 50% of which, $1,961,114 will be given to students in the form of direct aid. Biola has submitted the necessary paperwork to receive its funding and is hoping it will arrive in the next couple of weeks.
Biola University is committed to using the CARES Act funds, within the parameters set by the government, to help those students with the greatest needs while meeting the needs of as many students as possible. The government has, however, put certain restrictions on how these funds can be used. Specifically, students who receive the funds must be Title IV eligible (if you have not filed a FAFSA, you should do so on the FAFSA website selecting the 20/21 school year) and the funds must be used to cover expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance, such as food, housing, course materials, technology, health care and child care). Also, students who were enrolled only in online programs prior to COVID-19 and DACA students are not eligible per the government issued guidance.
If you have incurred expenses, beyond what you would have typically, as a result of the disruption of campus operations due to coronavirus, there may be funding available through the CARES Act if you are eligible for any type of federal Title IV (FAFSA) aid including federal loans. (Note that Title IV aid includes Pell Grant, SEOG, Direct Subsidized, Unsubsidized, and PLUS Loan. Click here to review Title IV eligibility requirements or simply review your most recent official financial aid award notice.)
Please review the application/online form and if you think you may be eligible to receive CARES Act funds, return the form no later than May 18, 2020. While the type of need you have may not be covered by the CARES Act, there is a question on the form asking about any other needs you have. This is why we ask you to answer all questions to help us identify other ways in which Biola may be able to help you.
Students who have qualified expenses will be issued a payment which will be mailed to the address indicated on the application. Our hope is to issue payments by June 5 if we receive our funds from the government this month. If we do not receive the funds in time, students will be notified of the delay.
Review FAQs on the Higher Education Emergency Relief Fund.
Biola’s Emergency Fund/Biola’s Basic Needs Fund
If you do not qualify for the CARES Act (international students, DREAMers or other non-Title IV eligible students), we have emergency financial support available through the Biola Emergency Fund set up to respond to COVID-19. Please fill out this COVID-19 Student Impact/Needs Assessment by May 18, and a university representative will be in contact with you.
Biola’s Hope in Crisis Fund
Biola is working hard to address the needs of incoming and continuing students that are facing hardship in this financial crisis in light of COVID-19.
- Continuing students, please fill out this COVID-19 Financial Impact Questionnaire and a university representative will be in contact with you.
- New students, please contact your Admissions Counselor for more information.
To learn more and make a gift, visit biola.edu/for-all.
Other Financial Resources
If you or your family have experienced a loss of income that is impacting your ability to pay your school bill next year, please complete the COVID-19 Financial Impact Questionnaire. The Office of Financial Aid will review this information to determine if there are potentially other available resources to assist you.