Financial Aid COVID-19 Information
CARES Act Financial Assistance Fund
The CARES Act Financial Assistance Fund is funded through the Coronavirus Aid, Relief, and Economic Security (CARES) Act Section 18004, Higher Education Emergency Relief Fund (HEERF). This legislation was signed into law on March 27, 2020 and provides broad relief for federal student loan borrowers, as well as emergency financial aid grants to students who meet certain criteria.
In order to be eligible for CARES Act (HEERF) emergency financial aid grants, you must meet the following requirements:
- been enrolled in a degree program at UT Southwestern during Spring 2020 and or Summer 2020
- complete a valid 2019-2020 or 2020-2021 Free Application for Federal Student Aid (FAFSA) application
- Have expenses directly related to the disruption of campus operations due to COVID-19. Categories of expenses may include, but are not limited to, the following:
- Additional technology purchases related to the transition from in-person to online coursework (i.e. printer, webcam, router, transcription software)
- Expenses related to unexpected changes in housing arrangements due to the early return from, or cancellation/postponement of, rotations or clinical experiences
- Expenses related to delays of graduation dates
- Transportation & child care costs
- Expenses related to changes in examination dates (travel, study aids, delays in testing dates, etc.)
If you believe you qualify, please fill out the CARES Act Financial Assistance Request form.
For other emergency financial needs that are not related to COVID-19, please refer to our Student Emergency Resources page and review the qualifications for the David Nathan Meyerson Emergency Fund, as well as a list of other resources.
Financial Aid COVID-19 FAQ
The Office of Student Financial Aid understands these are stressful times. Our office has put together a guide to provide updates on your financial aid and how COVID-19 may affect you, as well as options to provide relief if you are affected by the pandemic.
Is the Office of Student Financial Aid currently open?
- Yes! Our team is currently working remotely according to UT Southwestern policies, but we remain available to our students – past, present, and future. You can reach us by firstname.lastname@example.org. Most questions can be answered by email, but if you’d like to schedule a call or virtual appointment we are happy to do that.
Will there be any changes to the financial aid I was expecting for 2020-2021?
- With the exception of students whose graduation time frames were extended, we do not anticipate making any adjustments to students’ 2020-2021 financial aid. Other changes not related to COVID-19 may still occur, but our advisors will reach out if you are affected.
Will my first 2020-2021 disbursement be delayed?
- The scheduled disbursement dates for all three schools have not been altered. Please visit our website to see the scheduled dates for your school.
If I have a private scholarship check or am anticipating receiving one, what steps should I take?
- If you were anticipating a private scholarship check for Spring 2020 and it has yet to be posted, please email@example.com our office. All scholarship checks received for Summer 2020, Fall 2020, and Spring 2021 will be processed on a weekly basis until we are back on campus. Once that occurs, checks will be processed daily.
Are the loans I have previously borrowed currently accruing interest? What about any new loans I take out between now and September 30th, 2020?
- Federal Loans held by the US Department of Education
- From March 13th through September 30th, all federal loans owned by the U.S. Department of Education (Direct Unsubsidized and Graduate PLUS Loans and most FFEL Program loans) have a temporarily reduced interest rate of 0%. No action is required on your part.
- College Access Loans (CAL)
- Loans held and serviced by the Texas Higher Education Coordinating Board (THECB) are not included in the interest waiver as announced by the Department of Education. However, you may be eligible for a temporary forbearance period. All questions should be directed to the THECB.
I am currently in repayment due to an approved Leave of Absence greater than 180 days – am I still required to make payments on my loans?
- Federal Direct Unsubsidized, Subsidized, and Graduate PLUS Loans
- From March 13th through September 30th, all federal loans owned by the U.S. Department of Education will be automatically placed in an administrative forbearance that will temporarily suspend your monthly payments.
- College Access Loans (CAL)
- You may be eligible for a reduced payment or a temporary forbearance of payments. Please note that if you are granted a forbearance, interest will continue to accrue during the forbearance period. All questions should be directed to the THECB.