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CARES Act: MSU Compliance Statement

This statement provides information to comply with reporting requirements for Morehead State University’s (MSU) participation in the Higher Education Emergency Relief Fund (CARES Act, CRRSAA Act, and ARP Act).

Under section 18004(a) of the CARES Act (HEERF I), MSU received $3,008,220 under section 18004(a)(1) and $298,311 under section 18004(a)(2) to be used by the University to cover any costs associated with significant changes to the delivery of instruction due to the coronavirus.

Under section 314(a) of the CRRSAA Act (HEERF II), MSU received $8,111,458 under section 314(a)(1) and $467,791 under section 314(a)(2) to be used by the University to cover any costs or lost revenues associated with significant changes in the delivery of instruction due to the coronavirus.

Under section 2003(a)(1) of the ARP Act (HEERF III), MSU received $9,762,043 to be used by the University to cover any costs or lost revenues associated with significant changes in the delivery of instruction due to the coronavirus.

The Quarterly Budget and Expenditure Reporting for these institutional funds are available here:  

Under section 18004(a)(1) of the CARES Act (HEERF), MSU also received $3,008,220 for distribution to eligible students in the form of emergency grants. 

Under section 314(a) of the CRRSAA Act (HEERF II), MSU received $3,008,220 for distribution to eligible students in the form of emergency grants for students.
 
Under section 2003(a)(1) of the ARP Act (HEERF III), MSU received $10,006,024 for distribution to students.

On April 15, 2020, MSU signed and returned to the U.S. Department of Education a Certification and Agreement which provided assurance that MSU intended to use, no less than $3,008,220 received under HEERF to provide Emergency Financial Aid Grants to students. 

As of May 15, 2020, MSU has disbursed 1,541 grants totaling $824,485 to eligible students. The average grant award was $535. The amount awarded to each student is based on the student’s certification of their actual expenses incurred related to the disruption of campus operations due to the coronavirus. 

Pell Grant recipients received first priority for the grant funds. Pell students living on campus as of March 13, 2020, received up to $550 in grant funds by just providing certification that they had incurred expenses, related to the disruption of campus operations due to COVID-19, equal to or greater than $550 by May 31, 2020. Pell students not living on campus as of March 13, 2020, received up to $300 in grant funds by just providing certification that they have incurred expenses, related to the disruption of campus operations due to COVID-19, equal to or greater than $300 by May 31, 2020. Amounts were prorated for part-time Pell grantees based on the hours enrolled. Pell students who had expenses in excess of the amounts listed above were invited to complete an online application to request the additional grant monies to cover their expenses. The additional funds were made available to students on a first-come basis through June 26, 2020.

Students not eligible to receive Pell Grants were also invited to complete an online application to request the grant monies to cover their expenses through June 26, 2020. Grants to non-Pell eligible students were made available to students on a first-come basis. 

MSU estimates that 4,113 Title IV eligible students were enrolled in Spring 2020; the number is based on the number of students who filed FAFSA for Spring 2020.

On May 4, 2020, MSU signed and returned to the U.S. Department of Education a Certification and Agreement to receive an additional $295,468 received under HEERF because MSU is a Strengthening Institutions Program (SIP) Institution. On May 29, 2020, MSU received notification that it was awarded $294,865 in Strengthening Institution HEERF funding. This award was updated on October 26, 2020 to increase the amount received by $3,446 for a total award of $298,311. The $298,311 awarded was used to replace revenue lost by MSU due to the COVID-19 campus disruption.

As of July 8, 2020, MSU had disbursed grants to 2,011 eligible students totaling $1,292,229. The average grant award was $643. The amount awarded to each student is based on the student’s certification of their actual expenses incurred related to the disruption of campus operations due to the coronavirus. 

Pell Grant recipients received first priority for the grant funds. Pell students living on campus as of March 13, 2020, received up to $550 in grant funds by just providing certification that they had incurred expenses, related to the disruption of campus operations due to COVID-19, equal to or greater than $550 by May 31, 2020. Pell students not living on campus as of March 13, 2020, received up to $300 in grant funds by just providing certification that they have incurred expenses, related to the disruption of campus operations due to COVID-19, equal to or greater than $300 by May 31, 2020. Amounts were prorated for part-time Pell grantees based on the hours enrolled. Pell students who had expenses in excess of the amounts listed above were invited to complete an online application to request the additional grant monies to cover their expenses. The additional funds were made available to students on a first-come basis through June 26, 2020.

Students not eligible to receive Pell Grants were also invited to complete an online application to request the grant monies to cover their expenses through June 26, 2020. Grants to non-Pell eligible students were made available to students on a first-come basis. 

On June 26, 2020, in an effort to ensure that students with significant unmet financial aid needs have CARES Act funding available to them, the University reserved remaining CARES Act funds for awards to students with significant need based on their academic standing. On July 1, 2020, communication was sent to 948 students with information on how to access the funds, if needed. 

As of August 20, 2020, MSU had disbursed 2,959 grants to 2,360 eligible students totaling $2,212,379. The average grant award was $748 with each student receiving on average $937. The amount awarded to each student is based on the student’s certification of their actual expenses incurred related to the disruption of campus operations due to the coronavirus. 

As of September 30, 2020, MSU had disbursed 3,059 grants to 2,392 eligible students totaling $2,280,667. The average grant award was $746 with each student receiving on average $953. The amount awarded to each student is based on the student’s certification of their actual expenses incurred related to the disruption of campus operations due to the coronavirus. 

As of December 31, 2020, MSU had disbursed 3,080 grants to 2,407 eligible students totaling $2,314,476. The average grant award was $751 with each student receiving on average $962. The amount awarded to each student is based on the student’s certification of their actual expenses incurred related to the disruption of campus operations due to the coronavirus.

On February 19, 2021, MSU received notification from the U.S. Department of Education that the University received an additional $3,008,220 under HEERF II from the Coronavirus Aid, Relief, and Economic Security Act to provide Emergency Financial Aid Grants to students making a total of $6,016,440 available for Emergency Financial Aid Grants. 

As of March 31, 2021, MSU has disbursed 6,516 HEERF I and HEERF II grants to 3,462 eligible students totaling $6,016,440. The average grant award was $923 with each student receiving on average $1,738.

As of March 31, 2021 the University had 12,938 students who have been enrolled since the pandemic declaration and would be eligible under the HEERF II guidance however the University prioritized the HEERF II grant funds to students exhibiting the greatest financial need by evidence of their household income (EFC). There were 1,988 students identified and awarded $3,008,220 HEEF II grants.

On May 16, 2021, MSU received notification from the U.S. Department of Education that the University received an additional $10,006,024 under HEERF III from the American Rescue Plan Act to provide Emergency Financial Aid Grants to students making a total of $16,022,464 available for Emergency Financial Aid Grants ($3,008,220 HEERF I, $3,008,220 HEERF II and $10,006,024 HEERF III).

As of June 30, 2021, no HEERF III funds had been disbursed to students.  

As of June 30, 2021 the University had 13,922 students who have been enrolled since the pandemic declaration and would be eligible under the HEERF III guidance.

As of September 30, 2021, the University had disbursed 3,036 HEERF III awards to students totaling $4,256,193.48. The University had 15,311 students who have been enrolled since the pandemic declaration and would be eligible under the HEERF III guidance however the University prioritized the HEERF III grant funds to students exhibiting the greatest financial need by evidence of their household income (EFC) and or their documented inability to pay for the cost of attendance due to COVID-19.