CARES Act Compliance Reporting

Initial report (30-day) 5/16/2020

Overview

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 (March 27, 2020), directs institutions that receive funds under Section 18004 of the Act to submit a report describing the use of funds distributed from the Higher Education Emergency Relief Fund (“HEERF”).

Rush University is a recipient of these funds and as such is required to post the information below within thirty (30) days after receiving an allocation of certain HEERF funds. Subsequent reporting will be provided as required by the U.S. Department of Education.

The following information is published to satisfy the initial thirty (30) day reporting requirements.

Acknowledgement

Rush University signed and returned to the Department of Education the required Certification and Agreement on April 17, 2020. Rush University intends to utilize no less than 50% of the funding under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

Emergency Financial Aid Grant Allocation

Rush University was allocated under Section 18004 (a)(1) a total of $683,762. The student allocation portion totaled $341,881, to be used to support Emergency Financial Aid Grants directly to students.

On May 7, 2020, Rush University received (via a G5 system Grant Award Notification) its HEERF student allocation. Rush University’s process is to obtain and utilize these funds directly from the G5 system as they are paid to students.

As of May 12, 2020, which covers this 30-day report, a total of $131,431 have been distributed to 103 eligible students.

An estimated number of Rush University students eligible to participate in programs under section 484 in Title IV of the Higher Education Act of 1965, based on the Spring 2020 census is 1721.

Methodology for Awarding

On April 17, 2020 Rush University announced to students an application process was put in place to apply for Emergency Financial Aid Grants (named Emergency Student Relief Funding for COVID-19). This funding is available to assist students with expenses related to COVID-19 campus disruption. The “Student Emergency Assistance” request is a simple one-page electronic application that has allowed Rush University to be responsive to immediate needs of students. Final award amounts vary based on student request and supporting documentation provided, not to exceed $2,000 in the form of a one-time grant. Emergency assistance is available for the following categories of expenses:

  • Expenses related to emergency travel (domestic or international)
  • New technology/internet connection
  • Temporary housing  (e.g., rent)
  • Storage and moving
  • Food
  • Childcare/eldercare
  • Utilities

Funds have been made available as soon as possible to students and the majority of funds were dispersed through automatic transfer of funds through direct deposits.

Communication

The U.S. Department of Education also requires Rush University to publish information about instructions, directions, or guidance provided to students concerning the Emergency Financial Aid Grants.

  • Information to students about these grants (Emergency Student Relief Funding for COVID-19) was part of a broader communication and students were directed to the simplified electronic process to identify their eligibility for these grants and other institutional resources. Initial notification was sent out to the student body via Rush University student email on Friday, April 17, 2020. This communication directed students to the web-based application to certify their financial hardship and expenses related to campus disruption due to COVID-19.
  • Social media communication was published encouraging Spring 2020 graduates to apply before Friday, April 24, 2020 for full consideration.
  • Students were notified of their application status via their Rush University student email. For students who were approved, additional information about the payment process was included.

Future Reporting

Rush University will publish additional information as required, in line with U.S. Department of Education guidance. 

 

Second Report (45-day) 7/1/2020

Overview

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 (March 27, 2020), directs institutions receiving funds under Section 18004 of the Act to submit (in a time and manner required by the Secretary) a report to the Secretary describing the use of funds distributed from the Higher Education Emergency Relief Fund (“HEERF”).

Rush University is required to report an initial report within thirty (30) days of signing of the Certification and Agreement to the Department. Subsequent reporting requirements will be provided by the Department to complete future reporting requirements.

*UPDATED: The following information is published to satisfy the first 45-day reporting requirement.

Acknowledgement

Rush University signed and returned to the Department of Education the required Certification and Agreement on April 17, 2020. Rush University intends to utilize no less than 50% of the funding under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

Emergency Financial Aid Grant Allocation

Rush University was allocated for Section 18004 (a)(1) a total of $683,762 of which allocation a minimum student allocation of $341,881 will be used to support Emergency Financial Aid Grants to Students.

On May 7, 2020, Rush University received via the G5 system the intuitional minimum student allocation for the Emergency Financial Aid Grants to Students. Funds are requested from G5 as they are paid to students.

*UPDATED: As of June 30, 2020 for the first 45-day report, a total of $318,977 has been awarded in the form of Emergency Financial Aid Grants to Student to 241 eligible students.

An estimated number of eligible students as defined under section 484 in Title IV of the Higher Education Act of 1965 based on the Spring 2020 census is 1721.

Methodology for Awarding

*UDPATED: The methodology for awarding remained the same as with the initial 30-day reporting

On April 17, 2020 Rush University announced the application process to apply for Emergency Financial Aid Gants was available to assist students with unexpected expenses related to COVID-19. The “Student Emergency Assistance” application is a simple one-page application that has allowed Rush University to be responsive to immediate needs of students. Final award amounts will vary based on student request and supporting documentation provided not to exceed $2,000 in the form of a one-time grant. Emergency assistance was available for the following categories of expenses:

  • Expenses related to emergency travel (domestic or international)

  • New technology/internet connection

  • Temporary housing

  • Storage and moving

  • Food

  • Childcare/eldercare

  • Utilities

Communication

The U.S. Department of Education also requires Rush University to publish information about instructions, directions, or guidance provided to students concerning the Emergency Financial Aid Grants. Additional communication was distributed to encourage student to apply for emergency funding.

  • COVID-19 Emergency Aid Relief was part of a broader communication and students were directed to the simplified process to identify their eligibility for CARES Act funding and other institutional resources. Initial notification was sent out to the student body via Rush University student email on Friday, April 17, 2020. This communication directed students to the web-based application to certify their financial hardship and expenses related to campus disruption due to COVID-19.

  • Social media communication was published encouraging Spring 2020 graduates to apply before Friday, April 24, 2020 for full consideration.

  • Students were notified of their application status via their Rush University student email. For students who were approved, additional information about what to expect in terms of the payment process was included.

  • *NEW: On Friday, May 15, 2020, additional communication from the Office of the President reminded students of the COVID-19 relief funding availability with a link to the online application.

Future Reporting

*UPDATED: Rush University will publish additional information once additional guidance has been provided by the U.S. Department of Education prior to the next 45-day reporting requirement.