… CARES … CARES … CARES Distribution CARES Distribution The Higher Education Emergency Relief Fund authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law on March 27, 2020 and … due to the coronavirus, such as food, housing, course materials, technology, health care, and childcare expenses. B. Disbursement – Funds are disbursed through Bank Mobile. Students may set up accounts with Bank Mobile, or opt to receive …