COVID-19 Emergency College Financial Aid

college financial aidDue to the harsh times presented by COVID-19 and imposed measures to curb the spread, most economies continue to struggle. Students are among groups of people worst hit by the lack of funds. The rising cost of living and job losses continue to make life unbearable for people paying off student loans.

Finding the right help at such times can help a student stay at school. However, when support is not forthcoming, one can feel stuck and lost on what to do. There are student bankruptcy lawyers that help students get a financial reprieve when in need. Here is everything you need to know about the COVID-19 emergency college fund and how Brooklyn Bankruptcy Lawyers can help you.

What is college emergency aid?

In 2020 the government allocated a relief fund for people adversely affected by the pandemic. Of this fund, $14 Billion was assigned to the office of post-secondary education. It is known as the Higher Education Emergency Fund or HEERF.

Students should apply for this relief if they have been affected. The process is simple, and they should seek help if problems are submitting their claim.

How college emergency aid works according to the CARES act

College emergency aid offers relief to students who have been affected by the pandemic. It is only provided through institutions and covers expenses occasioned by the disruption of learning and campus operations.

Every student applies for aid through the school but cannot apply directly to the CARES. It is also important to note that institutions can only utilize not more than 50% of their HEERF allocation.

According to the CARES act, students currently using Federal student loans to pay college are eligible. It also applies to students who are presently paying off federal student loans. The relief means that they have some time to be exempted from paying their loans without harming their credit score.

There are no significant changes or recent developments in the CARES Act. However, there is an extension to the period one can apply for the relief. 

For a student to be eligible, they must meet the following requirements.

  • File a FASFA. If you meet the criteria but did not file a FASFA, you can also get the aid according to section 484 of HEA.
  • Have a valid GED or any other approve homeschooling equivalent.
  • Eligible citizen or non-citizen
  • Valid social security number
  • Male students must be registered with Selective Service.

If you meet the criteria above, you can receive financial aid.

When should one file for bankruptcy?

Bankruptcy is when one is unable to pay their debts. During harsh economic times that have occasioned job losses, many people are filing for bankruptcy. People paying off student loans may need to file for bankruptcy since the relief period from the CARES act ended last year.

When filing for bankruptcy, one must prove that paying off their debt will impose an undue hardship on them and their dependents. For that, a student needs to prove that they cannot afford and sustain paying a loan even when living on minimal living standards in their state.

When preparing to file for bankruptcy, you can consult with a lawyer on how to prove. If you contact Ursulova Law Offices, you will be assigned Brooklyn College bankruptcy attorneys to help you with your case.

Prepare the following documents.

  • Tax returns
  • Medical records
  • Credit card statements
  • Bank statements
  • Documentation of previous attempts to pay off your
  • Necessary expenses such as food, household maintenance, and clothing

How can a lawyer help?

In case you have any difficulties proving your case, a lawyer can help you obtain justice. Brooklyn student bankruptcy attorneys help you with court proceedings to eliminate debt or reduce it. They can also help you proceed with bankruptcy.


Visit Ursulova law offices to experience the best Brooklyn Bankruptcy attorneys. They will help you figure out the best way to move forward with your student loan repayment process.

Ursulova Law offices, P.C.

Contact Ursulova Law Offices, P.C. to find out how our NY Bankruptcy Attorneys can help you today. Our offices are located in New York, Brighton Beach, Brooklyn and Garden City.


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