FINANCIAL AID RESOURCES
We have all been asked to shelter in place. While many of us are either on administrative leave, furloughed from work with hope of returning, or laid off with little means of finding another job in our field, the bills and costs of living are not on hiatus. Resources and aid from stimulus and other sources are out there but how do we find them?
There are ways to apply for financial assistance as well as programs to defer payment for utilities, credit cards, rent, and even mortgages. Here is a start along the way.
Who Is Eligible for Assistance?
To qualify for assistance, you must meet all 3 criteria outlined below:
- You must be a resident of Santa Clara County.
- You must have a documented loss of income related to COVID-19 impacts due to health, employment, or school/child care closures.
- Your household income must be less than 80% of the average median income:
Size of Household/Maximum Income
|1 person||2 people||3 people||4 people||5 people||6 people||7 people||8 people|
If you have recently lost your job, even if you are receiving unemployment benefits, you may qualify for a reduced energy rate through the CARE or FERA programs.
I need more time to pay my bill. What are my options?
Bank of America is allowing clients with hardships to delay mortgages and credit card payments. At the moment, the bank will allow delays of up to 60 days.
Other banks are offering similar assistance:
Citigroup 1 (855) 839-6253
JP Morgan Chase 1 (800) 848-9380
US Bank 1 (800) 365-7900
Wells Fargo 1 (800) 869-3557
Good luck and stay healthy!