TIAA Emergency Aid Microgrant Initiative

May 28, 2026

Unexpected and emergency expenses remain a persistent barrier to on-time college completion and student success. Addressing basic needs insecurity for students emerged as a clear priority in NASPA’s 2025 Top Issues in Student Affairs survey results, and federal data indicate a staggering number of students report that they would be unable to come up with $500 within a month. NASPA has a deep commitment to addressing basic needs of college students, and we recognize the importance of emergency aid grants in supporting the persistence of students facing unexpected financial crises. First launched by NASPA in 2025, this year’s TIAA Emergency Aid Microgrant Initiative recognizes and awards 2-and 4-year accredited nonprofit institutions with up to $10,000 to provide emergency aid resources directly to students. 

 

About the Initiative

Selected Institutions are expected to:

  • Develop and manage the process to provide microgrant funds directly to students (up to $500 per student) for emergency aid purposes and spend down funds by the end of November 2026 

  • Engage in two virtual follow-up interviews with NASPA to inform a public-facing report about the initiative 

  • Collect and share data about the number of students impacted and number of staff and faculty engaged in the effort

 

NASPA reviewed applications with a focus on several key areas: 

  1. Completeness of the Application: To what extent does the institution demonstrate commitment and attention to detail as evidenced by completeness of the application?

  1. Institutional Characteristics: To what extent does the institution’s emergency aid approach identify and address needs of first-generation and low-income students?

  1. Impact Potential: To what extent does the institution demonstrate that the use of TIAA’s microgrant will advance its emergency aid efforts? How well can the institution gather and use data needed to understand the impact of TIAA’s microgrant on student success? 

  1. Institutional Readiness (Distribution Capacity): To what extent does the institution have the necessary processes and policies in place to directly provide microgrant emergency aid funds to students? Does the institution have a communications plan to inform students and campus constituencies about the TIAA emergency aid microgrant?

 

 

2026 Emergency Aid Microgrant Winners

View Press Release Here

This grant will allow ACM to support students who are experiencing a financial stressor that isn't tied to their academics. Such as assistance with childcare, overdue rent/mortgage and/or utilities, an unpaid cell phone bill, vehicle repairs, shoes, essential items that they are not able to access from a foodbank or our Pantry.” - Allegany College of Maryland

"At Coastal Bend College, emergency aid is often the difference between a student persisting and stopping out. We serve many first-generation and working students in rural South Texas for whom an unexpected car repair, utility bill, or childcare gap can derail an entire semester. This microgrant from NASPA allows us to meet our students where they are — quickly, with dignity, and in a way that honors the real circumstances of their lives." - Coastal Bend College

Doane University’s integrated Campus Assessment, Response and Education (CARE) Team and Student Emergency Assistance Fund will prioritize its 44% first-generation and 28% Pell recipients to receive microgrant funds. Utilizing proactive, targeted outreach and low-barrier referral systems, the grant will support high-need students, reaching them before they experience a financial crisis.” - Doane University

At a critical moment when students face unforeseen financial challenges, this microgrant enables us to provide timely, meaningful support. It directly advances our efforts to ensure that no student has to choose between their education and their basic needs.” - Lincoln University

This microgrant allows us to meet students in their most vulnerable moments when a single unexpected expense can derail their education. By expanding emergency aid, we can provide immediate, meaningful support that keeps students enrolled, supported, and moving toward graduation.” - Montclair State University

2025 Microgrant Award Winners

Frequently Asked Questions

How can institutions use the awarded funds?

Awarded funds must be used to provide direct emergency aid microgrants to undergraduate students facing unexpected financial crises. Each student may receive up to $500 in emergency aid. Institutions must ensure that funds are distributed directly to students and spent by November 30, 2026. The microgrant can be paid directly to students via ACH/DD, check, or gift cards.

Are international students eligible to receive funds?

Yes, international undergraduate students facing unexpected financial crises are eligible to receive funds.

Can students receive multiple emergency aid disbursements?

No. Each student may receive a one-time emergency aid microgrant using NASPA/TIAA funds of up to $500 per award.

 

If my university’s foundation is disbursing funds to students, whose information do I use to apply?

The name of the applicant and the name on the check that NASPA will send to the recipient should align. If your institution’s foundation is the one who will need to receive the check to disburse funds to students, then the application should be submitted by the foundation. 

Please also use open-ended question space in the application to note any nuances and details like this as it relates to payment and award disbursement.

 

 

What student expenses are approved qualifying expenses for emergency aid microgrant funds?

Eligible expenses may include but are not limited to:

  • Unexpected medical, dental, or mental health related expenses

  • Food or meal assistance

  • Transportation needs (e.g., car repairs, emergency travel)

  • Emergency housing assistance (e.g., rent, utilities, emergency shelter)

  • Technology needs related to coursework (e.g., laptop repair, internet access)

  • Childcare expenses

 

How should my institution distribute emergency aid to students?

Institutions should develop a process to ensure funds are distributed equitably and efficiently. The microgrant can be paid directly to students via ACH/DD, check, or gift cards. This process may involve:

  • A simple, brief application or request system for students about the nature of the hardship and how the microgrant will help

  • Coordination with financial aid, student services, or emergency aid offices

  • Clear communication with students about the processing of available funds to ensure timely access 

The process should ensure students are treated with fairness and that support is tailored to individual circumstances. Students’ personal information and hardships should be handled with the utmost privacy, protecting their dignity and autonomy

 

 

What is the timeline for disbursement of funds from NASPA to my institution?

Once the award is accepted by the institution and W9 materials are received, NASPA will move forward with processing your ACH payment electronically via Bill.com. Once submitted by NASPA, payment should be received within 2-3 days.

What reporting or follow-up is required from awardees?

Institutions receiving funds should:

  • Ensure all funds are distributed and spent by November 30, 2026

  • Participate in two virtual follow-up interviews with NASPA as part of a summary on how funds were distributed and their impact on students

 

Who should institutions contact for further questions?

For any questions regarding fund usage, distribution, or reporting requirements, institutions should contact:

 

Dr. Jhenai Chandler, NASPA Vice President for Research and Policy, at [email protected]

Alexa Chamberlain, Director of Research and Strategy, at [email protected] 

 

About TIAA

The Emergency Aid Microgrant Initiative was made possible by the generous sponsorship from TIAA. TIAA is a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions. It is the #1 not-for-profit retirement market provider.

CONTACT: Interested in learning more about the initiative or highlighting emergency aid innovations happening on your campus? Reach out to [email protected]

Related NASPA Resources