UTSA is sending $10 million in refunds to students to get much needed cash into their hands to help offset financial pressures resulting from the coronavirus pandemic.
By the end of the week UTSA will already have delivered more than $7.4 million in refunds for housing, meal plans and parking, enabling students and their families to use the remainder of their money from spring semester to address other needs.
Of those funds, $3.4 million will be sent to students who were living in Alvarez Hall, Chaparral Village and Laurel Village
Combined refunds of $1.8 million will go to more than 17,500 students for campus parking permits they are no longer able to use due to the shift to online learning.
UTSA is also providing $2.2 million to more than 2,400 students who had spring 2020 meal plans.
Additionally, in the coming weeks, approximately $2.6 million in reimbursements will go to students living in University Oaks and Chisholm Hall.
Residents of these two communities will receive refunds prorated to April 1, 2020, based on an agreement between Campus Living Villages, which manages the properties, and the university.
“We recognize that many of our students and their families are cash-strapped due to the coronavirus pandemic,” said Chief Financial Officer and Senior Vice President for Business Affairs Veronica Salazar Mendez. “We care deeply about our students and hope that putting cash in their hands makes it easier for them to make ends meet during the coronavirus pandemic.”
The university has also fast-tracked the distribution of emergency aid from the federal CARES Act to help students with food, housing, technology, course material, health care and child care costs and to provide relief to students who have experienced job losses as a result of the coronavirus pandemic.
Photo Courtesy: UTSA