- Milligan University signed and returned the Funding Certification and Agreement for Emergency Financial Aid Grants to Students under the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) on January 19, 2021. The University also signed and returned the Funding Certification and Agreement for the Institutional Portion of the Higher Education Emergency Relief Fund Grants (HEERF) authorized by CRRSAA. The University intends to use $371,377 awarded by the CRRSAA to provide financial aid grants to students.
- The University received $1,160,607 from the US Department of Education; the University is required to use the same amount awarded in Phase I for emergency grants to students in the Phase II financial aid grants to students. The University received $371,377 in Phase I. The Phase II grants will total $371,377 and can be used by the student for any component of the cost of attendance or for emergency costs incurred as a result of the coronavirus.
- As of March 31, 2021, the University has disbursed $0 in financial aid grants to students.
- The University estimates that 1,237 students are eligible to receive financial aid grants from the Phase II funding authorized by the CRRSAA.
- The total number of students who have received a financial aid grant as of March 31, 2021 is zero.
- The University reviewed guidance released by the US Department of Education and the National Association of Student Financial Aid Administrators (NASFAA) to determine an approach for awarding the grants. The law requires institutions to prioritize students with exceptional financial need. Therefore, it was determined to award grants based on the expected family contribution (EFC) as determined from amounts entered on the FAFSA. If enrolled full-time for the fall and spring semesters, grant amounts are as follows:
If a student did not complete a FAFSA, the grant will be awarded using the highest EFC category or >$50,000. If a student was enrolled part-time, the grant will be 60% of the amount shown above. If a student was only enrolled one semester (fall or spring, but not both), the grant will be 50% of the amount shown above.
Under the provisions of the CRRSAA Act, students may sign an authorization form for the University to apply their grant to an outstanding balance on their student account created by charges related to the cost of attendance including tuition, required fees, course fees, room and board. The CRRSAA Authorization Form was emailed to all students in the notice on March 31, 2021. The CRRSAA Authorization Form can also be obtained from the Student Financial Services (SFS) office.
- The University provided information to students about the upcoming emergency financial aid grants in an email to campus on March 31, 2021 which instructed students to review their permanent address in Self Service so that a check could be mailed for these grant awards. Students were also told that checks could be picked up and that a schedule for pick up would be released in another week. Students were reminded that grant funds will not be shown on the 1098-T for 2021 as financial aid. Finally, the notice informed students that all grants should be disbursed no later than April 30, 2021 and to contact the SFS office if they had not received a grant by this date.