CARES Act Higher Education Emergency Relief Fund Statement
At Saint Francis University, we know many of our students have endured significant hardship because of the ongoing pandemic. To assist students who have been impacted financially, the University is distributing emergency government grant funding via the CARES Act. The CARES Act Higher Education Emergency Relief Fund-IHE/Student Aid supplies funding for institutions to provide emergency financial aid grants to on campus students who have been impacted by disrupted campus operations due to coronavirus, many of whom are facing financial challenges and struggling to make ends meet.
The CARES Act requires all colleges and universities participating in the program to provide access to the following information.
Saint Francis University has signed and returned to the Department of Education the CARES Act Certification and Agreement. This document is an assurance that the University has used, or intends to use, no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
The total amount of funds that the Saint Francis University will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $704,805.
The total amount of Emergency Financial Aid Grants distributed by Saint Francis University to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter) is $602,915.
The estimated total number of students at Saint Francis University eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is 1,978.
The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 743.
Saint Francis University‘s method of evaluating the eligibility of students and determining how much they would receive under Section 18004(a)(1) of the CARES Act was based on the following:
*The three tiers were established from 2019-2020 FAFSA information. The award amounts based on needs analysis from 2019-2020 FAFSA awards and actual expenses (up to the tier caps) reported by students via the online application.
Tier 1: Students that are eligible for the Federal Pell Grant
Tier 2: Students that are not eligible for the Federal Pell Grant but who would otherwise qualify for the PA State Grant based on needs analysis only. Non-PA Residents were considered for this tier based on the needs analysis in the PA State Grant Guidelines.
Tier 3: Students not eligible for Federal Pell Grant or PA State Grant, based on needs analysis
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