Financial Relief Grant
Southeastern distributed $5,290,100 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 30, 2020 |
|
7,755 Awarded Students |
$5,290,100 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 |
$4,289,075 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
Resources
Department of Education CARES Act 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
