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COVID-19 (Coronavirus Disease) Information & Updates

COVID-19 Information & Updates

CARES ACT Reporting Requirements

Certification and Agreement Application

LIFE University signed and returned to the Department of Education the Certification and Agreement to apply for Higher Education Emergency Relief Funds (HEERF) on April 28th, 2020. Our institution assures that no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act were used to provide emergency financial aid grants to our students.

Total Amount of Funds Received

LIFE University is receiving a total allocation of $1,677,181 from the CARES Act. Pursuant to LIFE’s Certification and Agreement for emergency financial aid grants signed on April 28, 2020, the institution received $838,590 for emergency financial aid grants to students. This funding was authorized and available for access by our institution on May 14, 2020.

Pursuant to LIFE’s Certification and Agreement for emergency financial aid grants signed on July 9, 2020, the institution received $838,591 as the institutional share of emergency grant funding. This funding was authorized and available for access by our institution on July 13, 2020.

Total Amount Distributed to Students

As of June 9, 2020, the total amount of emergency financial aid grants distributed to our students under Section 18004(a)(1) of the CARES Act was $838,590.

As of August 13, 2020, the total amount of emergency financial aid grants distributed to our students under Section 18004(a)(1) of the CARES Act was $1,255,340.

Estimated Total Number of Eligible Students

There were 1,996 total number of students at LIFE who were eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus were eligible to receive emergency financial aid grants under Section 18004(a)(1) of the CARES Act. The determination of eligibility for grants was based on the guidance and directives received from the Secretary of Education on April 30, 2020.

On August 13, 2020, there were 1,665 total number of students at LIFE who were eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus were eligible to receive emergency financial aid grants under Section 18004(a)(1) of the CARES Act.

Total Number of Students Who Received Grant

The total number of students who have received an emergency financial aid grant, as of June 9, 2020, is 1,996.

The total number of students who received the second disbursement of an emergency financial aid grant by August 13, 2020 was 1,665.

Method of Determination

LIFE University distributed emergency financial aid grants to Title IV eligible students who submitted a valid 2019/2020 FAFSA and were actively registered on April 22, 2020. The grants were awarded based on the primary factor of financial need as determined by the 2019/2020 FAFSA. The amounts awarded ranged from $200 to $500 based on three levels of need using the EFC. All grants were transferred via direct deposit to a student’s bank account or via paper check where banking information was not available.

LIFE University distributed second disbursements of emergency financial aid grants to Title IV eligible students who submitted a valid 2020/2021 FAFSA and were actively registered on August 5, 2020. The amount awarded to those students was $250. All grants were transferred via direct deposit to the student’s bank account or via paper check where banking information was not available or were used to reduce current account balances.

Guidance on Emergency Financial Aid Grants

Students were notified of LIFE’s plans to distribute the emergency financial aid grants via several emails, beginning on May 3, 2020 through May 15, 2020. Students were not required to apply for these grants, as all eligible Title IV students were included in the method used to determine grant recipients.

Students were notified of LIFE’s plans to distribute the institutional portion of emergency financial aid grants via several emails, beginning on June 2, 2020 through August 4, 2020. Students were not required to apply for these grants, as all eligible Title IV students were included in the method used to determine grant recipients.

Quarterly Budget and Expenditure Reporting

View the Quarterly Budget and Expenditure Reporting PDF

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