By Kaleigh Cortez, News Editor-
The University released the dollar amounts students can expect to receive from the Higher Education Emergency Relief Fund, or HEERF, to help offset monetary stress caused by the coronavirus pandemic.
Over $4.7 million of Student Block Grant Awards will be offered to students based on their Estimated Family Contribution, or EFC, which is determined by their 2020-2021 FAFSA.
Undergraduate students with an EFC of zero to 5,711 will earn $1,150, and $750 will go to students with a 5,712 to 15,000 EFC.
Graduate students with an EFC range of zero to 1,000 will be awarded $345.
Students acquiring funds will be sent an email with their expected award which will become available on their MyMocsNet account on Wednesday, Feb. 17.
Funds can be collected via direct deposit or a mailed check.
An additional $1 million can be provided through the Student Emergency Fund.
Students must apply for extra money from this need-based grant if they require assistance with essential academic expenses, housing expenses, medical expenses, or other costs as a result of the pandemic.
UTC was endowed with $15 million from the HEERF, and the “remaining $10,374,491 must be used to offset operating expenses the University incurs related to the coronavirus pandemic,” according to the official statement from the Vice Chancellor of Finance and Administration, Tyler Forrest and the Vice Chancellor of Student Affairs, Dr. Yancy Freeman.
The University has not announced how it will use its $10 million funds.