Financial Relief Grant

 

Southeastern distributed $5,290,099 in financial relief grants to students facing financial hardship as a result of the coronavirus. Funds for awards are being made available through the Coronavirus Aid, Relief and Economic Security (CARES) Act,  and the Southeastern Foundation. Based on the federal legislation and regulatory guidance, most students will be eligible to apply for relief grants.

CARES Act Funds Awarded & Disbursed as of October 6, 2020 

7,755

Awarded Students

$5,290,099

CARES Act Funds

 

Spring 2020 CARES Act Awarding

 

Students Eligible for Spring 2020 CARES Act Funds  

10,324

Eligible Students

 

30 Day Report: May 21, 2020

CARES Act Funds Awarded & Disbursed 

6,717

Awarded Students

$4,289,074

CARES Act Funds 

Eligibility

To be eligible to apply for a Financial Relief Grant, students must:

  • Be a degree seeking graduate or undergraduate student
  • Must have been enrolled for Spring 2020 semester
  • Not enrolled in a 100% online program
  • Meet all standards of satisfactory academic progress as stated in the Southeastern Satisfactory Academic Progress Policy as required under Section 484 in Title IV of the Higher Education Act of 1965

Application Process

Financial Relief Grant applications will be considered in the order in which they are received. All applications must be received by Friday, May 8, 2020 in order to be considered for funding. Funding is not guaranteed after the May 8 deadline.

To complete the application:

  • Enter My Den and login to Leonet
  • Select Self Service > Financial Relief Grant
  • Please read the application carefully and ensure that you are entering accurate responses
  • Once complete, press (accept)

 

Receiving Funds

Financial Relief Grant funds will be processed through BankMobile according to the student’s selected refund preference. If you have not completed the setup process, please login to Leonet to do so in order to reduce delays. Instructions to complete this process can be found at southeastern.edu/bankmobile.

 

Notification Process

Please monitor your campus webmail account for Financial Relief Grant updates.  

 

Awarding Methodology

Award amounts will be determined based on the number of students who apply, total funds available, and varying levels of need.

Award amounts will be prorated based on enrollment. Students who are enrolled full time will receive more funds than a student enrolled part time.  

 

Summer 2020 CARES Act Awarding 

 

Students Eligible for Summer 2020 CARES Act Funds  

1296

Eligible Students

 

75 Day Report: May 22, 2020 - July 5, 2020

CARES Act Funds Awarded & Disbursed

57

Awarded Students

$35,525

CARES Act Funds

 

120 Day Report: July 6, 2020 - August 19, 2020

CARES Act Funds Awarded & Disbursed

974

Awarded Students

$958,750

CARES Act Funds

 

165 Day Report: August 20, 2020 - October 3, 2020

CARES Act Funds Awarded & Disbursed

0

Awarded Students

$0

CARES Act Funds

 

210 Day Report: October 4, 2020 - November 17, 2020

CARES Act Funds Awarded & Disbursed

7

Awarded Students

$6,750

CARES Act Funds

Eligibility

To be eligible to apply for a Financial Relief Grant or Strengthening Institution (SIP) Awards for Summer 2020, students must:

  • Be a degree seeking graduate or undergraduate student
  • Enrolled for Summer 2020 courses at the time of Award
  • Must have been enrolled during the Spring 2020 semester
  • Not enrolled in a 100% online program
  • Meet all standards of satisfactory academic progress as stated in the Southeastern Satisfactory Academic Progress Policy as required under Section 484 in Title IV of the Higher Education Act of 1965

Application Process

No application is required for Summer 2020 awarding. To receive a SIP Award, the student must have a FAFSA on file with an Estimated Family Contribution that meets the eligibility criteria for Pell.

 

Receiving Funds

Financial Relief Grant funds will be processed through BankMobile according to the student’s selected refund preference. If you have not completed the setup process, please login to Leonet to do so in order to reduce delays. Instructions to complete this process can be found at southeastern.edu/bankmobile.

Students who receive SIP Awards will have the amount posted to their Leonet account.

 

Notification Process

Notification of awarding is sent ot the sent to the student's campus webmail account. 

 

Awarding Methodology

Award amounts will be determined based on the number of students who are eligible, total funds available, and varying levels of need. Award amounts will be prorated based on enrollment. Students who are enrolled full time will receive more funds than a student enrolled part time.

Financial Relief Grant funds are awarded first. SIP Awards are utilized once grant funds are exhausted.

 

Other Reporting

HEERF Quarterly Report 

 

Resources

Department of Education CARES Act Info

BankMobile Info

Southeastern Coronavirus Webpage

 

Supporting Documents

Message from Dr. Crain - Student Financial Grants Available

CARES Act Certificate of Agreement

CARES Act Student Funds Award Notification

CARES Act Student Funds Award Receipt Acknowledgement+

 

Questions?

Email questions to caresact@southeastern.edu