Skip to Content

CARES Act Funding Report

Updated: August 21, 2020 

Dallas Theological Seminary signed and returned to the Department of Education the Certification and Agreement for Emergency Financial Aid Grants to Students under the CARES Act on April 22, 2020 with additional submissions on May 20, 2020. The Seminary intends to use no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide emergency financial aid grants to students. 

  • The total amount of funds that Dallas Theological Seminary will receive or has received from the Department pursuant to its Certification and Agreement [for] Emergency Financial Aid Grants to Students: $500,000. 
  • The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission: $239,795. 
  • The estimated total number of students at Dallas Theological Seminary 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: 1,959. 
  • The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act: 184.  

Method(s) used to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act: 

Dallas Theological Seminary created a Ninja Forms based application that required students to identify the amount of funding requested and a detailed rationale for their request. This application was only available to students under their OneLogin credentials. Student eligibility was determined on the basis of need and the intended usage of the funds. Approved students were awarded the amount that they requested up to a limit (in most cases) of $2,500. 

Instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants: 

On April 13, 2020, all currently enrolled seminary students were sent the following instructions via email: 

Dear student, 

DTS has received additional aid money from both donors and from the US Department of Education. 

If you are in need of aid to help with issues related to the coronavirus pandemic, you can fill out an emergency aid request below. We hope to be able to disperse the funds as soon as they become available. 

Emergency Aid Request 

If there is anything else we can do to help, please let us know.  

Warmly, 
Cody Jacobs 
Director of Financial Aid 
Dallas Theological Seminary 

On April 23, 2020, all students who had applied for emergency aid (to that point in time) were sent the following instructions via email: 

Dear student, 

This is a brief update on your Emergency Aid Request. 

It has taken a bit longer to receive the funding from the Department of Education than we initially anticipated, but we now have everything in place to begin to distributing funds to eligible students. We hope you will receive aid funding in the mail early next week. 

Thank you for your patience! And let us praise God for working through the generosity of our donors and the provision of our government. 

Warmly, 

Cody Jacobs 
Director of Financial Aid 
Dallas Theological Seminary 

On May 8, all students who were approved for an emergency grant were sent the following instructions via email: 

Dear student, 

Applications submitted by April 27th for Emergency Aid have been reviewed and approved.  

The Business Office is currently processing check requests and direct deposits. 

If you have direct deposit set up with the Business Office, you should see your funds available within 1-2 business days. If you do not have direct deposit set up, then your check was put in the mail sent to the address you listed on your application.  

If you submitted your application after April 27th, your application will be reviewed within the next two weeks. 

We also received notification from the Department of Education that Emergency Aid from the CARES Act will not be considered taxable income. 

If there is anything else we can do to help, please let us know. 

Warmly, 
 
Cody Jacobs 
Director of Financial Aid 
Dallas Theological Seminary