INCOME BENEFITS FOR COLLEGE STUDENTS

Prepared by John Burton Advocates for Youth – April 6, 2020

The resources below may not offer immediate relief but are nonetheless crucial to put in place alongside emergency relief measures as quickly as possible.

Many students are dealing with emergency needs resulting from the COVID-19 crisis and the consequent economic downturn. The economic fallout from the crisis is likely to last months, if not years, and it is therefore crucial that students take action now to shore up their economic stability over the long term at the same time that they address emergent needs. The resources below may not offer immediate relief but are nonetheless crucial to put in place alongside emergency relief measures as quickly as possible.

 

What it provides

Who qualifies

How to apply

Additional Considerations

For more info

Unemployment benefits

Cash payments between $40 and $1050 per week for up to 39 weeks (amount depends on prior earnings)

  • Individuals who have been laid off or had hours reduced
  • Under new federal rules, many groups are newly eligible to apply including gig workers, self- employed & part- time workers

Apply online at this www.edd.ca.gov page

Checklist of what you need to apply

  • Given the volume of claims it will likely take at least three weeks to receive benefits
  • Claims take effect when you apply, not when you lost your job, so apply ASAP
  • Applicants typically must answer yes to the question "Are you ready and willing to accept work that matches your work skills" to qualify

www.edd.ca.gov/unemployment

Economic impact payments

Up to $1200 per adult and $500 per child

  • Individuals with incomes up to $99,000
  • Individuals who can be claimed on someone else's tax return (i.e. a parent) do not qualify

Students with a bank account on file with the IRS from a previous tax return will automatically receive funds mid-April. For others it will take substantially longer.

Students are encouraged to file a 2019 tax return ASAP and provide direct deposit info if possible.

  • The IRS expects to create a portal in late April or early May that will allow taxpayers to find out the status of their rebate payment and update direct deposit information
  • Non-tax filers may also qualify, and details are pending regarding how to submit a request.

Source

Earned Income Tax Credit

Cash payment ranging from hundreds to thousands of dollars. Amount is based on income, age and whether you have children.

  • Be age 18 or older
  • Earned between $1 and $30,000 in 2019
  • Have a social security number
  • Lived in CA for more than half of 2019

File federal and state tax returns (required to receive the EITC even if you would otherwise not be required to file). Low-income filers can file for free at freefile.intuit.com or Here (EZTaxReturn)

PDF Source

Covered CA Health Insurance & Medi-Cal

Free or subsidized health insurance.

  • Low- and moderate- income households (up to $74,940 for single individual)

www.coveredca.com/apply

  • Open enrollment has been extended through the end of June 2020.

www.coveredca.com/about


 

What it provides

Who qualifies

How to apply

Additional Considerations

For more info

CalFresh

Up to $194 a month per household member for purchase of food

Income must be below

$2082/mo. for single person (cap increases by $738 for each additional person in household)

Apply online at www.getcalfresh.org

  • Students must meet additional eligibility requirements – either working 20 hours/wk, approved for work study or enrolled in a support program like Guardian Scholars, NextUp, EOP, EOPS, Disabled Student Services
  • Eligibility redeterminations have been suspended

Utility Assistance

30-35% discount on electric bill and 20% discount on gas bill.

Households of 1-2 must earn below $33,820.

Caps increase for larger households.

Visit this CPUC page to find the application for your local utility service

 

www.cpuc.ca.gov/lowincomerates

Financial Aid

Grants to cover tuition and non- tuition costs including living expenses such as housing and food.

College students enrolled in as few as three units may qualify for certain sources.

  • Complete the FAFSA at fafsa.gov or Dream Act at dream.csac.ca.gov for undocumented students
  • Foster youth complete the Chaffee grant application at mygrantinfo.csac.ca.gov/fos teryouthapplication
  • Current students who have not completed a FAFSA and/or Chafee application can still apply for the current term (through June 30, 2020)
  • Students should also complete the FAFSA for next year ASAP (2020/2021 academic year)

New Financial Aid Rules and Stability Measures


 

  2019 College of the Redwoods