As required by the Federal Student Aid Office, U.S. Department of Education, Meredith College reports the following information regarding Emergency Financial Aid Grants to Students under the CARES Act/HEERF funds on the meredith.edu/coronavirus public website. Subsequent updates to this report are indicated at the posting dates below.
- Meredith College acknowledges that the Certification and Agreement for Emergency Financial Aid Grants to Students under Section 18004(a)(1) of the CARES Act was signed and returned to the Department of Education on April 21, 2020. Meredith has used no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
- Meredith College has received $837,258 from the Department of Education pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.
- As of the date of the 30-day Report to the Department, 5/8/2020, Meredith College distributed $837,258, all of the funds received from the Department of Education for the Emergency Financial Aid Grants comprising the Students portion under Section 18004(a)(1) of the CARES Act. That same date, Meredith College also distributed as emergency financial aid grants to students the full amount of the Institutional Portion of funds received from the Department of Education, an additional $837,258.
- The estimated total number of students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is approximately 1,651. This number includes undergraduate, graduate, full time and part time degree-seeking students.
- The number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) and 18004(c) of the CARES Act, exhausting both the Student Emergency Financial Aid Grants portion and also the Institutional Portion, is 704.
- Meredith College’s student grant determination was based on criteria outlined in the CARES Act, Higher Education Emergency Relief Fund (HEERF). The method used by the College to determine which students would receive Emergency Financial Aid Grants was to identify those students who had filed a Free Application for Federal Student Aid (FAFSA) and/or who were eligible to file a FAFSA. For eligible students, the individual grant amount related to the disruption because of coronavirus was calculated using an allocation based on rates for housing and/or food, plus considerations for other CARES Act priorities (i.e., technology, course materials, health care, child care), applied over a period of time remaining in the semester after the change to online instruction.
- Meredith College students were provided the below information concerning the Emergency Financial Aid Grants.
posted May 20, 2020
updated July 1, 2020
updated August 14, 2020
updated October 9, 2020
updated January 8, 2021