Higher Education Emergency Relief Fund Reporting (HEERF)
Emergency Financial Aid Grants to Students-
Report and Disclosure
May 28, 2020
Carson-Newman University (C-N) acknowledges it signed and returned to the U.S. Department of Education the Certification and Agreement on April 29, 2020, and gives the assurance that C-N will use at least 50% of the funds that we will receive under section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
- The total amount of funds C-N will receive from the U.S Department of Education for distribution to students is $1,147,584
- The total amount of Emergency Financial Aid Grants distributed to Students under section 18004(a)(1) of the CARES Act as of the date of this report is $0.00 as C-N has not yet received any funding
- The estimated total number of C-N students eligible to participate in programs under section 484 in the Title IV of Higher Education Act of 1965 and thus eligible under Department of Education current guidance to receive Emergency Financial Aid Grants under section 18005(a)(1) of the Cares Act is 2129
- The total number of students who have received an Emergency Financial Aid Grant under section 18004(a)(1) of the CARES Act is currently 0 because C-N has yet to receive funding.
- The method used to determine which students will receive Emergency Financial Aid Grants and how much each student would receive under Section 18004(a)(1) of the CARES Act is as follows as of the date of this report-
- Undergraduate or graduate students enrolled in an on-ground program of study during the spring 2020 term beginning in January 2020 who continued to be enrolled on or after March 1, 2020
- Eligible for funding under Title IV of the Higher Education Act of 1965, having filed a Free Application for Federal Student Aid (FAFSA)
- Based on the currently identified number of eligible students with an even distribution of the funding, each eligible student would receive an estimated grant amount of $539
- Emergency Financial Aid Grants are to assist with student expenses such as housing, meals, transportation as well as other personal expenses such as medical and/or technology. Eligible students will be given an opportunity to opt out if they did not incur any eligible expense(s) as a result of COVID-19 during spring 2020
6. The instructions, directions, or guidance provided by C-N to all eligible students concerning the Emergency Financial Aid Grants will be sent via University email, published on the University website, and announced via the student portal once the funding has been received and the disbursement process begins