… Quarterly Report CARES DISTRIBUTION CARES Distribution The Higher Education Emergency Relief Fund authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), was signed into law on March 27, 2020 and funds were … of which $5,398,522 was designated for distribution to students in direct aid. Direct aid is intended for students whose lives were adversely impacted by the coronavirus and must be used for expenses such as food, housing, course materials, technology, healthcare, and childcare. The …