The CARES Act is part of the federal government’s response to the COVID-19 pandemic. The law provides emergency grants to students for expenses related to the disruption of campus operations due to COVID-19. Kentucky State University signed and returned the “Recipient’s Funding Certification and Agreement” for the Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief and Economic Security (CARES) Act on April 11, 2020. The University received $686,038 pursuant to section 18004(a)(1) of the CARES Act to provide Emergency Grants to Students on April 22, 2020.
Kentucky State University’s methodology for distribution of funds under the CARES Act for student emergency grants:
- Full-time Pell Grant eligible students are able to apply for funds through the KYSU COVID-19 website.
- An application is required explaining financial hardship and how the funding will support continued enrollment at Kentucky State University.
- Completion of a financial literacy survey is required.
- There are 834 eligible students for the spring semester and approximately 5.49 percent, representing $37,720 of the available funding has been distributed for immediate emergency student needs.
- Distribution of funding is allocated in four stages: Immediate use covering April 2020, Maymester, summer semester, fall semester and spring semester. The methodology took into account the uncertainty of the disease transmission, recurrence and absence of a vaccine to address emergency needs that may arise later in the year.