UNA CARES Act Funding Distribution

May 11, 2020

 

As a result of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, UNA received $5,002,648 in relief funding. At a minimum, 50% of this funding ($2,501,324) is to be distributed by UNA as direct payments to students who demonstrate significant need as a result of the disruption of campus operations due to COVID-19. UNA will provide these direct payments to students in two steps, as outlined in this funding distribution plan.

 

PART I

 

CARES Act Part I Policies

The first group of students who will receive automatic relief in the form of a one-time monetary payment will be those who have demonstrated financial need, as determined by their Expected Family Contribution (EFC) from their Free Application for Federal Student Aid (FAFSA), their current Spring 2020 enrollment status, and federal aid acceptance. Students must be eligible to receive Title IV aid to be considered to receive CARES Act funds.  Students who were enrolled exclusively in online courses prior to UNA’s transition to all online courses are excluded from Part I.

 

2,786 students at UNA will qualify to receive payments during Part 1 for a total of $1,816,100 in direct payments to students, as of June 30, 2020 and detailed in the chart below. These payments must go directly to the student.

The total number of students who have received an Emergency Financial Aid Grant to Students under Section 18004(a)(1) of the CARES Act: 2420.

 

Eligible Students

 

EFC

Payment Amount

Number of Students

Total Payment

Tier 1

0 – 10,000

$850

1979

$1,682,150

Tier 2

10,000 – 15,000

$650

224

$145,600

Tier 3

>15,000

$450

583

$262,350

 

 

CARES Act Part I Procedures

The following steps outline the process for Part I of this distribution plan. A collaborative effort between the Vice President of Financial Affairs, Controller’s Office, Financial Aid Office, and the Office of Student Accounts will allow UNA to promptly distribute these advanced funds in the form of emergency financial aid grants to students, as directed by Secretary DeVos.

  1. Identify students in each Tier mentioned above.
  2. The Office of Student Financial aid will email each potential recipient with instructions on how to accept the CARES Act Relief Fund Agreement.
  3. Office of Student Accounts will distribute these payments directly to students once the agreement has been accepted.

 

  • The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act, as of May 18, 2020, the date of this 30-day report totals $1,465,650.

 

PART II

 

In addition to Part I funding allocations, the University of North Alabama has a COVID-19 Emergency Relief Fund Application.  Students who have encountered a financial need as a direct result of the COVID-19 pandemic should utilize this application to apply for emergency relief funding. There is approximately $411,224 in emergency grants available in Part II.

 

CARES Act Part II Policies

 

  1. In order to be eligible to receive this funding, a student must be currently enrolled at UNA for the Spring 2020 semester (not in only online courses) and eligible to receive Title IV funding.
  2. Students who receive funding during Part I of this funding distribution plan are eligible to apply for additional relief during Part II.  The deadline to apply for additional funding is June 30, 2020.
  3. In most scenarios, Part II grants will be capped at $850 unless extreme extenuating circumstances are presented.  In no circumstances will a grant(s) to any student exceed the maximum 2019-2020 Pell Grant award of $6,195, as suggested by Secretary DeVos in her letter to College and University Presidents on April 9, 2020.

 

CARES Act Part II Procedures

 

  1. A student must complete the online COVID-19 Emergency Relief Fund Application and provide applicable supporting documentation.
  • Examples of supporting documentation include, but are not limited to, notification of a layoff due to COVID-19, utility bills, bank statements, etc.
  1. Once a student has submitted an application, the Emergency Relief Fund committee will review the application and supporting documentation. This committee is comprised of members from Business & Finance, Financial Aid Office, Student Affairs and University Advancement.
  2. A student will hear from the committee within 7-10 business days. If a student’s request is approved, funding will be disbursed to their student account and the Office of Student Accounts will send the funding to the student via direct deposit or a paper check within 3-5 business days.