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Keiser University CARES Act Student Emergency Grants Policy

Keiser University has adopted a flexible approach to administering emergency grants to students negatively impacted by the COVID-19 economic crisis. In creating this policy, the University seeks to achieve five goals:

  • To expeditiously develop and implement a plan to distribute CARES Act funds to Keiser University Students.
  • To adhere to CARES Act requirements and Department of Education interpretive guidance in distributing funds.
  • To create a process for awarding of funds that is defensible, replicable, and equitable – a process which will stand up to predictable future scrutiny (auditors, legislators, media, etc.).
  • To distribute funds in a manner that best ensures student support in light of COVID-19 and economic challenges.
  • To utilize existing processes and automate the awarding, distribution, and tracking process to the greatest degree possible.

Eligibility

Title IV (Federal Financial Aid) Status

Only students who are or could be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA), may receive emergency financial aid grants. If a student has filed a Free Application for Federal Student Aid (FAFSA), then the student has demonstrated this portion of eligibility. Students who have not filed a FAFSA must do so by June 15, 2020 to be eligible for a KU CARES Act grant; this application may be submitted online. The criteria to participate in programs under Section 484 of the HEA include but are not limited to the following: U.S. citizenship or eligible noncitizen; a valid Social Security number; registration with Selective Service (if the student is male); and a high school diploma, GED, or completion of high school in an approved homeschool setting. To determine eligibility, follow this link.

Military Veterans

KU students receiving military benefits to pay for their education who have not completed a FAFSA will receive the maximum grant for their enrollment status as part-time or full-time.  Those who have completed a FAFSA will be awarded CARES Act grants as according to the procedure outlined under “Initial Grants” below.

Online Enrollment

If a student was enrolled exclusively in an online program on March 13, 2020, the date of the President’s Proclamation, “Declaring a National Emergency Concerning the Novel Coronavirus Disease (COVID-19) Outbreak,” Federal Register Vol. 85, No. 53 at 1533738, he/she are not eligible for CARES Act emergency financial aid grants.

Student Status

A student must have been enrolled as a full-time or part-time degree seeking student, and not enrolled 100% online, on March 13, 2020 to receive Initial Grant Aid. Students must also have filed a FAFSA and have an EFC on file at the institution(Expected Family Contribution), except for military veterans receiving military aid to study at KU.

Eligibility for CARES Act Funds

To be eligible to receive federal CARES Act funds, students must:

  1. Have been enrolled at Keiser University on March 13, 2020, the date of President Trump’s Proclamation, “Declaring a National Emergency Concerning the Novel Coronavirus Disease (COVID-19) Outbreak.”
  2. Have completed a FAFSA (Free Application for Federal Financial Aid) and have an EFC (Expected Family Contribution) on file at KU.
    – Military veterans who have not completed a FAFSA and who are receiving military benefits to study at KU do not need to complete a FAFSA.
  3. Have been enrolled part-time or full-time as a degree-seeking student on March 13, 2020.
  4. Not have been enrolled in 100% online courses on March 13, 2020; that is, students enrolled exclusively in online classes on March 13, 2020 are not eligible to receive CARES Act funds.
  5. Attest that they have experienced financial emergencies related to the disruption of campus operations caused by COVID-19.

Initial Grant Aid

In an effort to distribute aid to students in an expeditious manner, and recognizing that KU students disproportionately rely on income from the stifled Florida service economy, all eligible full-time and part-time KU students with an Expected Family Contribution (“EFC” generated by FAFSA application)  will receive a one time grant. In order to qualify for this funding, students must have been enrolled as full-time or part-time degree seeking students, or on a University-approved leave of absence, on March 13, 2020.

One-time grant awards for KU students meeting all eligibility requirements were made as follows:

  • Full-time with EFC of $0 – $5,501 (“Pell eligible” for undergraduate students) = $1,000
  • Part-time with EFC of $0 – $5,000 (“Pell eligible” for undergraduate students) $500
  • Full-time with EFC of $$5,502 – $15,000 = $750
  • Part-time with EFC of $5,001 – $15,000 = $375

Students automatically received grant funds via check or direct deposit, depending on the preference indicated at registration. 8,165 eligible students received a total of $6,789,750 In CARES Act grants through the Initial Grant Aid phase.  Funds were delivered to students by May 25, 2020.

CARES Grants II

The second round of grants were awarded on July 2, 2020, and with the same eligibility criteria as Initial Grants. All eligible students, were awarded grants under CARES Grants II following the schedule below.

  • Full-time with EFC of $0 – $5,501 = $230
  • Part-time with EFC of $0 – $5,000  = $115
  • Full-time with EFC of $5,502 – $15,000 = $173
  • Part-time with EFC of $5,001 – $15,000 = $89
  • Full-time with EFC of >$15,000 = $380
  • Part-time with EFC of >$15,000 = $190

Students automatically received emergency grant funds via check or direct deposit, depending on the preference indicated at registration.

Approximately 18% of CARES Act funds specified for students was distributed through CARES Grants II, bringing the cumulative total of grant funds distributed to students to 82%.  9,168 eligible students received a total of $1,908,321 In CARES Act grants through the CARES Grants II phase. Students received notification of their grant awards via their school email account.

CARES Grants III

The third round of grants were awarded on August 4, 2020, and with the same eligibility criteria as CARES Grants II. All eligible students were awarded grants under CARES Grants III following the schedule below.

  • Full-time with EFC of $0 – $5,501 = $230
  • Part-time with EFC of $0 – $5,000 = $114
  • Full-time with EFC of $5,502 – $15,000 = $173
  • Part-time with EFC of $5,001 – $15,000 = $89
  • Full-time with EFC of >$15,000 = $378
  • Part-time with EFC of >$15,000 = $190

Students automatically received emergency grant funds via check or direct deposit, depending on the preference indicated at registration.

Approximately 18% of CARES Act funds specified for students were distributed through CARES Grants III, bringing the cumulative total of grant funds distributed to students to 100%. 9,167 eligible students received a total of $1,897,242 In CARES Act grants through the CARES Grants III phase. Students received notification of their grant awards via their school email account.

CARES Grants IV

The fourth round of grants were awarded on April 1, 2021, with the same eligibility criteria as CARES Grants II and III. All eligible students were awarded grants under CARES Grants IV following the schedule below.

  • Full-time with EFC of $0 – $5,501 = $900
  • Part-time with EFC of $0 – $5,000 = $450
  • Full-time with EFC of $5,502 – $15,000 = $675
  • Part-time with EFC of $5,001 – $15,000 = $338
  • Full-time with EFC of >$15,000 = $450
  • Part-time with EFC of >$15,000 = $225

Students automatically received emergency grant funds via check or direct deposit, depending on the preference indicated at registration. 8,283 eligible students received a total of $6,004,240 in CARES Act grants through the CARES Grants IV phase. Students received notification of their grant awards via their school email account.

These grants were given to students with funds that were awarded to the institution for institutional funding during the CARES ACT.  All student grant funding was previously awarded through direct student grants during the CARES Grants I, II III disbursements.

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