March 31 2021 - CARES Act Funding Student Aid Quarterly Report

CARES Act Funding Report

Below is the necessary information to comply with Section 18004(e) of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or the “Act”)), Pub. L. No. 116-136, 134 Stat. 281.

Kettering University
Date of Report: April 10, 2021
This report will be updated every 45 days

Kettering University has signed and returned to the Department of Education the Certification and Agreement document under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

Total amount of funds the institution has received from the Department for Emergency Financial Aid Grants to Students: $728,517

TOTAL AMOUNT of Emergency Financial Aid Grants DISTRIBUTED to students under Section 18004(a)(1) of the CARES Act as of the date of this report: $692,761

ESTIMATED TOTAL NUMBER of STUDENTS at the institution ELIGIBLE to participate in programs under SECTION 484 in Title IV of the Higher Education Act of 1965: 1,896

TOTAL NUMBER OF STUDENTS who HAVE RECEIVED an Emergency Financial Aid Grant: 464

Method(s) used by the institution to determine WHICH STUDENTS receive Emergency Financial Aid Grants and HOW MUCH they would receive:

CARES Act Emergency funds will be used for eligible students to access through an application process. Students must have filed a 2019-2020 FAFSA or be eligible to file a FAFSA. Students were notified of their eligibility to apply via their Kettering University email account and must complete the application form https://my.kettering.edu/page/kettering-university-student-emergency-fund. The funds can only be used for specific costs that the student incurred as a result of COVID-19. These costs include food, housing, course materials, technology, health care, and childcare. Range of award up to $2,000

Instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants:

Applications from students are reviewed on a rolling basis once the application is complete.

How to Apply for COVID-19 Emergency Grant

Please provide a statement describing the COVID-19 circumstances you are facing, the requested funding amount and how the requested funds will be used. Please itemize each cost and provide supporting documentation for assistance. Support categories include food, housing, health care and course-related materials/technology. You must provide documentation of loss of income or unexpected financial challenges specific to the COVID-19 crisis.

Completed applications will be reviewed by the Committee and a determination of eligibility will be made. For eligible cases with approved awards, grants will be disbursed to approved payees as soon as possible.

We understand these are trying times. If you have questions and concerns or need immediate assistance, please reach out to a Financial Aid team member at finaid@kettering.edu or (810) 762-7859.