COVID-19 (CORONAVIRUS) AND FINANCIAL AID UPDATES AND FAQ’S

Federal Aid Updates:

The most up to date information about Federal Aid and the how the Coronavirus effects it can be found at: https://studentaid.gov/announcements-events/coronavirus

UCA Updates on CARES Act Funds:

The most up to date information from President Davis on UCA and the CARES Act funds can be found at:  https://uca.edu/coronavirus/announcement-archive/

 

Frequently Asked Questions (FAQs):


Q – Where may I find information about how COVID-19 will affect my loan repayment?

A – Your best option is to contact you student loan servicer directly. You will find contact information for each loan servicer here: https://uca.edu/financialaid/loan-servicing-centers/

If you do not know who your loan servicer is, please login to your account on the Federal Student Aid website at the following url to identify your loan servicer: https://studentaid.gov/aid-summary/servicers-and-schools

Q – Will the move to online courses affect my federal aid (V.A. Benefits, PELL Grants, Loans, etc.)?
A – The U.S. Department of Education has indicated that, as long as students are enrolled and working toward their degrees, federal Pell Grants, SEOG grants and Federal Direct Loans should not be impacted by this disruption. According to the U.S. Department of Veterans Affairs, students receiving GI Bill benefits have been advised that payments will continue for students who continue to be enrolled this term.

Q – My family’s income has been impacted by the pandemic. Can I appeal my financial aid eligibility for the 2020-2021 academic year to receive more funds?
A – UCA understands that your family may have very recent and immediate changes to your financial circumstances related to the ongoing coronavirus (COVID-19) pandemic. The pandemic is quickly evolving, and the UCA Office of Financial Aid will work with you to answer your questions and provide as much information as possible. A student may submit a Special/Unusual Circumstance Application based on a change in circumstances such as unemployment, loss of untaxed income, a death of the parent or spouse. Changes or anticipated changes to income may not always result in a change to financial aid eligibility but our staff is committed to working with each student who has concerns about their individual circumstances. Specific questions may be directed to the Office of Student Financial Aid at finaid@uca.edu.

Special/Unusual Circumstance Application – Dependent Student

Special/Unusual Circumstance Application – Independent Student