CARES Act Information

  • Department of Education’s Federal Student Aid Coronavirus FAQs – All eligible federal loan payments will be suspended through September 30, 2020 at 0% interest. Visit this link for an updated FAQ on student loan payment suspension, interest relief, and more.
  • Department of Labor’s Unemployment Insurance Information - There are significant unemployment insurance flexibilities for eligible filers during the COVID-19 outbreak. If your employment has been impacted by COVID-19, refer to your state’s website for further information. College students/recent graduates are generally not eligible for unemployment insurance. If you are not eligible due to lack of work history, etc., ask your school about potential emergency relief funding options.
  • Economic Impact Payment Information Center - This information from the IRS covers eligibility for economic impact payments and related tax-return questions. College students or older dependents who can be claimed on a parent’s return are not eligible for economic impact payments. If this applies to you, seek alternative relief options such as emergency relief funding through your institution.
  • Small Business Guidance and Loan Resources – The Small Business Administration (SBA) site offers details on expanded relief programs for small business owners, including funding options such as the Paycheck Protection Program, EIDL Loan Advance, SBA Express Bridge Loans, and SBA Debt Relief.

AccessLex Institute Resources