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OMBControlNumber1840NEWExp.XX/XX/XXXX QuarterlyBudgetandExpenditureReportingunderCARESActSections18004(a)(1)InstitutionalPortion,18004(a)(2),and 18004(a)(3),ifapplicable 1 12/14/2020 Benedict College
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How to fill out cares coronavirus aid relief

01
Gather all necessary financial information such as income, expenses, and employment status.
02
Access the CARES Act application form online or through a government agency.
03
Fill out the application form accurately and completely, providing all required information.
04
Submit the completed application form either online, by mail, or in person as directed.
05
Follow up with the appropriate agency or organization to track the status of your CARES Act relief application.

Who needs cares coronavirus aid relief?

01
Individuals who have been financially impacted by the COVID-19 pandemic.
02
Small businesses that have experienced a decline in revenue due to the pandemic.
03
Unemployed individuals who are struggling to make ends meet.
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The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) is a federal law enacted in March 2020 to provide economic relief to individuals and businesses affected by the COVID-19 pandemic.
Individuals and businesses that received assistance through the CARES Act, such as Paycheck Protection Program loans or Economic Injury Disaster Loans, are typically required to file for CARES Act relief.
To fill out the CARES Act relief applications, applicants need to complete specific forms provided by the SBA or IRS, including providing financial information, justification for aid, and supporting documentation.
The purpose of the CARES Act is to provide financial stimulus to help individuals and businesses survive the economic downturn caused by the COVID-19 pandemic.
Applicants must report information such as business revenue, number of employees, expenses, and details on how the funds will be used.
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