GCU to distribute entire amount of CARES Act funds directly to students – GCU
(April 9, 2020) – Grand Canyon University announced today that the entire $22.3 million it is receiving from the federal government as part of the Coronavirus Aid, Relief and Economic Security Act (or CARES Act), will go directly to students in the form of emergency cash grants.
Stipulations in the CARES Act require that half of the money allocated – in GCU’s case $11.175 million – must be allocated to students, with the other half available to the universities themselves to cover costs associated with COVID-19. But GCU President Brian Mueller said the University is committed to providing the full amount to students.
“This was an easy decision to make,” Mueller said. “It is incumbent on us to take care of our students and families who are trying to navigate the challenges caused by this coronavirus pandemic.”
Because of GCU’s experience and expertise in online education, the transition to moving on-campus classes to an online learning environment due to the coronavirus has been seamless, Mueller added.