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doc15442 CARES-Student-Funding-Report-050920.pdf

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Page 1 JSON
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            "text": "Higher Education Emergency Relief Fund (HEERF)\nReporting - Cares Act Emergency Financial Aid Grants to Students",
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                    "text": "Kentucky State University signed the ‘Recipient’s Funding Certification and Agreement’ for the Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.",
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                    "text": "Funding was received in the amount of $686,038 under Section 18004 (a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. This amount represents 50% of Kentucky State University's total allotment under the legislation.",
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                    "text": "Total disbursed to students as of May 9, 2[p1.2.3.1]020 is 3000.",
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                    "text": "It is estimated that approximately 2,290 students are potentially eligible for CARES Act funds and eligible to participate in programs under Section 484 in the Title IV of the Higher Education Act of 1965.",
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                    "text": "12 students have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act as of May 9^{th}, 2020.",
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                    "text": "Awarding Philosophy and Procedures:",
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            "text": "During the first phase, all full-time Pell eligible students are able to apply for funds through the Student Financial Aid Office's website. The application will collect the following information: (1) Name, (2) KSU Student ID Number, (3) Phone Number, (4) Physical Address, (5) KSU Email Address, (6) Confirmation that students is currently enrolled and attending KSU during the current semester, (7) Demographic Information, (8) Financial Literacy Survey, and (9) Certification of Request."
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            "text": "All eligible students who complete the application and associated financial training will receive a predetermined allocation based upon information verified within their application."
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            "text": "In the second phase of this effort, students with exceptional financial need as determined by their 2021-2022 FAFSA, received Emergency Assistance support. This phase provided emergency financial assistance to applicants enrolled in a degree seeking academic program during the four terms impacted by the COVID-19 Pandemic (Spring 2020, Fall 2020, Spring 2021 and Fall 2021) and applicants who do not receive aid based on demonstrated need and those who do/did not qualify for Title IV funds."
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            "text": "Eligible undergraduate students were awarded an award of $250.00."
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            "text": "Additional funding can be sought out via the KSU Foundation COVID 19 Emergency Relief Fund and The CARES Funding – Student Relief Fund Panel."
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            "text": "Emergency Assistance Funds are awarded once."
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