PBA CARES Act FAQ

A mother and daughter discuss school finances.

PBA CARES

We know this has been a difficult spring and that there is a lot of uncertainty about the fall. Here is an FAQ about the Coronavirus Relief Bill (CARES Act) Student Grants program that can help students and parents better navigate the challenges and opportunities ahead.

Cares Act FAQ

Eligible students, according to the U.S. Department of Education, are those enrolled at Palm Beach Atlantic during the spring 2020 semester on-campus in West Palm Beach or Orlando, including traditional day, evening undergraduate, graduate and professional programs. These students are Title IV qualified as defined by the Financial Aid Handbook and verified by filing a 2019-20 FASFA. Federal guidance excludes distribution of coronavirus relief funds to international students. There is no need to apply.

General eligibility requirements for Title IV aid include that you are a U.S. citizen or eligible noncitizen, and are enrolled in an eligible degree program. Still not sure? Contact the Financial Aid office at finaid@pba.edu

Students will receive their grant funds according to the selected refund preference indicated on their student account centers. Go to pba.afford.com to confirm or change the selection. The money will be distributed as soon as Palm Beach Atlantic receives it.

 No, this student aid is payable only to the student, according to the U.S. Department of Education. Palm Beach Atlantic cannot apply this financial aid grant directly to your student account. If you would like to apply this grant to your account, you will need to do that separately.

 Palm Beach Atlantic’s eligible students will receive approximately $500 each, which represents 100% of the funds allocated to the University for direct student aid. The money is intended to cover expenses related to disruption of campus operations including food, housing, course materials, technology, health care and child care.

Students who do not meet the eligibility requirement for CARES Act funding may contact PBA’s Financial Aid office at finaid@pba.edu to ask about other forms of aid.

No. According to the Internal Revenue Service (IRS), this money will not be includible in your gross income. Learn more here. This is a federal emergency grant that students are not required to repay, however PBA is required to report the information on the student’s 1098-T.

 If you can help:

Some families will struggle more than others during this time. If you can help one of those families, PBA’s Development office has set up the COVID-19 Student Fund to support students who have extraordinary financial needs due to the loss of employment or unanticipated expenses related to the coronavirus pandemic. The link provides more information on how to give.