Federal CARES Act Funding

On April 16, 2020, Embry-Riddle Aeronautical University signed and returned to the Department of Education the Certification and Agreement that states the institution will use no less than 50 percent of funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. Embry-Riddle Aeronautical University received Grant Award Notification for Authorized Funding in the amount of $3,422,858 with a period of performance beginning April 24, 2020. The estimated total number of students eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students is 8,044. 

Total CARES Act funds disbursed to students as of:

  • May 14, 2020 - $65,083 to 113 students
  • June 1, 2020 - $178,577 to 223 students
  • July 6, 2020 - $2,021,116 to 1,117 students

On April 21, 2020, Embry-Riddle Aeronautical University signed and returned to the Department of Education the Certification and Agreement for the Institutional Portion of the Higher Education Emergency Relief Fund under Section 18004(a)(1) and 18004(c) of the CARES Act. Embry-Riddle Aeronautical University received a Grant Award Notification with Authorized Funding in the amount of $3,422,858 with a period of performance beginning May 04, 2020. The funds from the Institutional Relief portion of the CARES Act (CARES Act II) are used to reimburse the institution for costs related to the disruption of campus activity due to COVID-19.

Total CARES Act II funds disbursed to the institution as of:

  • June 25, 2020 - $851,283
  • June 29, 2020 - $980,608
  • July 29, 2020 - $832,536

Students can seek Emergency Financial Aid Grants by submitting an Online Student Application. For more information, please read our frequently asked questions.

Applications and supporting documentation are reviewed by a University Committee, and award amounts are determined by the student’s request along with supporting documentation and funding limits.