CARES Act Emergency Grant Quarterly Fund Report for 12/31/2020

Posted 01/04/2021

 

Acknowledgement: Per sponsor requirements, NMU submitted the Department the Certification and Agreement and the assurance that the institution commits 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. This certification was submitted 04/19/2020.

 

Total amount received: NMU qualified for and received funds from the Department pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students $2,997,309 (in student-targeted funding)

 

Total amount distributed: As of 12/31/2020, NMU had distributed to students, under Section 18004(a)(1) of the CARES Act a total of $2,830,240.  

 

 

Total number of students eligible: The estimated total number of students at Northern Michigan 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 under Section 18004(a)(1) is 6,589 students.

 

Total number of students served: As of 12/31/2020, NMU had distributed Emergency Financial Aid Grant support, under Section 18004(a)(1) of the Cares Act, to a total of 6,015 students.

 

 

Methods: The methods used by NMU to determine student recipients of Emergency Financial Aid Grants, and the amount they received, under Section 18004(a)(1) of the CARES Act:

1) Grants to students in the Winter 2020 semester were based on internal applications up to $700 per student applicant to cover federally approved COVID-realted expenses, such as food, housing, course materials, technology, health care, and child-care expenses.

2) Grants to students in the Fall 2020 semester were based on a $115 block grant to all eligible students. The amount was based on allocating the remaining CARES Act funding to all of the students who were estimated to be eligible and is meant to assist students towards COVID-related expenses, such as food, housing, course materials, technology, health care, and child-care expenses.
 

 

Unexpended funds will remain available to Winter 2020 and Fall 2020 eligible applicants, should they subsequently apply, or identify their eligibility.
 

 

Additional instructions/information: NMU has made announcements and connected students with information. This informational announcement was made by the news/Marketing department for the Winter 2020 application process. While the Fall 2020 semester block grant was conveyed to students through a direct email message from NMU's President. 


Additionally, NMU has a fluid webpage with up-to-date information related to COVID-19 to keep faculty, staff, administration, students and other constituents informed at all times. 

 

https://www.nmu.edu/financialaid/cares-act-emergency-grant-application

https://www.nmu.edu/financialaid/wildcat-2020-student-relief-fund-application