1. Short title This Act may be cited as the Cost Assistance Made Possible for Undergraduate Students Act or the CAMPUS Act . 2. Emergency financial aid grant program Part A of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070b et seq.) is amended by adding at the end the following: 11 Emergency Financial Aid Grants 440D. Emergency financial aid grant program (a) Emergency financial aid grant programs authorized The Secretary shall carry out a grant program to make grants, in accordance with subsection (c), to eligible entities to provide emergency financial aid grants to students in accordance with subsection (e). (b) Matching funds (1) Limitation on amount of Federal share Except as provided in paragraph (3), the Federal share of the cost of any emergency grant aid program carried out under this section may not exceed 50 percent. (2) Limitation Matching funds provided by an eligible entity under this subsection may not include in-kind contributions. (3) Exceptions The Federal share of the cost of an emergency grant aid program carried out under this section shall equal 100 percent if the institution carrying out the emergency grant aid is an institution of higher education described in section 371(a). (c) Application (1) In general Each eligible entity desiring to carry out an emergency grant aid program under this section shall submit an application to the Secretary, at such time, in such manner, and containing such information as the Secretary may require. (2) Outreach The Secretary shall, at least 30 days before each deadline to submit applications under paragraph (1), conduct outreach to eligible institutions (as defined in section 371(a)) to provide such institutions with information on the opportunity to apply under paragraph (1) to carry out an emergency grant aid program under this section. (3) Contents Each application under paragraph (1) shall include a description of the emergency grant aid program to be carried out by the eligible entity, including— (A) an estimate of the number of