Student Relief Funds
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided Spring Arbor University with $790,634 for Student Relief Grants. The funds are being distributed to students to help cover their expenses related to the disruption of face-to-face campus operations due to the COVID-19 pandemic.
The US Department of Education (ED) set specific criteria regarding our distribution of the funds and the criteria for eligibility. The requirements for eligibility based on ED’s guidelines include:
· Student must have been enrolled in a face-to-face program as of March 13 that met at one of our regional sites or main campus. Programs that met online or through Zoom are not eligible for these funds.
· Student must be eligible for federal student aid as determined by the Free Application for Federal Student Aid (FAFSA).
· If the student was in a face-to-face program and met the criteria above, and had not completed a 1920 FAFSA, a complete FAFSA must have been filed by Wednesday, May 27 in order to be considered eligible for these funds.
In accordance with the regulations set forth by the US Department of Education, the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
All students were notified via e-mail on 5/22/2020 of the University approach to the disbursement of CARES Act funds. Students receiving a disbursement received a follow-up email from the Financial Aid Office providing specific details on how to receive the funds.
The process for distribution to qualified students is a block rate based on the combination of student experience (part-time, full-time, resident, and commuter status) as of March 13. As of May 31, 2021, the institution has disbursed $790,634 to 1,260 eligible students.
CARES Act Higher Education Relief Fund Reporting Disclosure
This content provides the necessary information to comply with the Federal Funding Accountability and Transparency Act of 2006 (FFATA).
Institution Name: Spring Arbor University
Date of report: July 9, 2020
Location of Entity: Spring Arbor, MI (Michigan’s 7th congressional district)
NAICS Code: 611310
Funding Source: CARES Act
Funding opportunity number is ED-GRANTS-041020-003
Award Title: Higher Education Relief Fund Student Portion
Amount of Award Received: $772,875
Funding Source: CARES Act
Funding opportunity number is ED-GRANTS-042120-004
Award Title: Higher Education Relief Fund Institutional Portion
Amount of Award Received: $770,000
SAU CARES Act Quarterly Budget and Expenditure Reporting [PDF]