Office of Student Financial Aid

Rocket Aid

COVID-19 EMERGENCY FINANCIAL ASSISTANCE FOR UTOLEDO STUDENTS

The University of Toledo is organizing emergency financial assistance programs for current students experiencing financial hardship as a result of the COVID-19 pandemic through the existing Rocket Aid application process.

A student only needs to fill out one Rocket Aid application and the UToledo team will work with each student individually to identify all options available to assist them. This includes funding available through federal relief programs and donors.

CARES Act Funding

On April 14, 2020, The University of Toledo signed and returned to the U.S. Department of Education the Certification and Agreement with the assurance that the institution has used, or intends to use, no less than 50% of the funds received under Section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security (CARES) Act to provide Emergency Financial Aid Grants to students.

UToledo is eligible to receive $13.5 million in funds from the federal CARES Act to help mitigate financial impacts from the COVID-19 pandemic. Of this total, $6.7 million will be used to immediately assist current students experiencing financial hardships caused by the pandemic.

Emergency Financial Aid Grants to Students

As of Sept. 30, 2020, $5,888,250 has been awarded to 5,260 students. There are 12,551 students eligible for CARES Act funding.

The estimated total number of students at UToledo 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 under Section 18004(a)(1) of the CARES Act is 9,448.  

Students enrolled for spring 2020 who received a federal Pell Grant have received a one-time grant of $1,000. No application was required. About one-third of the federal relief dollars has been used to prioritize aid to these students.

All students who were enrolled for the spring 2020 semester need to use the existing Rocket Aid application to request CARES Act funds. To be eligible to receive CARES Act funding, a student needs to be eligible to receive federal aid by having a valid Free Application for Federal Student Aid (FAFSA) or equivalent documentation on file. The Office of Student Financial Aid will determine eligibility based on guidelines from the U.S. Department of Education.

Institutional Aid

The University of Toledo also received institutional support through the CARES Act. View the Quarterly Budget and Expenditure Report for the period ending Sept. 30, 2020.

Rocket To Rocket Funding

The generosity of our community through the COVID-19 Student Emergency Support Crowdfunding Campaign and additional donations made from student organizations, local businesses and individuals has provided funding available through the Rocket to Rocket Fund.

To be eligible to receive an award of up to $500 from the Rocket to Rocket fund, a student must be currently enrolled and demonstrate need. Eligible expenses include: rent, utilities (water, gas, electricity, internet), cell phone, medical bills, toiletries, groceries, car repairs and educational expenses (tuition and fees, books, laptop, internet, etc.

HOW TO APPLY

Simply complete one Rocket Aid application to be considered for all COVID-19 emergency financial assistance programs.

ROCKET AID APPLICATION

Applicants do need to describe the nature of their emergency in as much detail as possible, however, no documentation is required to be uploaded with the initial application.

A team of student support leaders who will evaluate each Rocket Aid application. Applicants will receive an email confirmation when the application has been received. Follow up to request additional information or to share details on resources available will be communicated via email to the student as soon as possible.

In addition to processing requests for COVID-19 emergency financial assistance, the Rocket Aid application process is part of UToledo’s existing Financial Emergency Intervention Program. The needs-based program helps students meet their financial obligations for educational expenses and stay focused on their studies by reviewing all available options, including federal student and/or parent loans, financial planning assistance, emergency aid and community resources.

QUESTIONS?

Contact Rocket Solution Central at RocketSolutionCentral@utoledo.edu or 419.530.8700.

Last Updated: 10/30/20