CARES Act Emergency Grant
HREEF – Student
- Maharishi International University signed and returned to the Department of Education the Certification and Agreement and the assurance that the institution has used, or intends to use, 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.
- The total amount of funds that Maharishi International University will receive or has received from the Department of Education pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $205,000.
- The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission is $142,397 (latest update: August 20, 2020).
- The estimated total number of students at Maharishi International University 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 187 (the eligibility of additional 162 online Master’s students with an on-campus portion is being considered, as MIU continues to follow and implement updates in the CARES Act guidelines).
- The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 92 (latest update: August 20, 2020).
- The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act are as follows:
- Document and identify eligible grant applications from title-IV eligible students attending on-site degree programs.
- Pay close attention to upholding the “disruptions to on-campus operations” criterion in examining each student’s request.
- Set awarding categories and criteria:
- Computer purchase (set amount)
- Technology expenses for online learning (subject to professional judgment, up to $1,000)
- Room and Board assistance (subject to professional judgment, with MIU’s standard room and board rates as a guideline, in cases that are related to a disruption of on-campus operations)
- Childcare (subject to professional judgment, for parents of children who attend the K-12 Maharishi School on the MIU campus)
- Travel expenses (subject to professional judgment, in cases that are related to a disruption of on-campus operations)
- Other expenses related to a disruption of on-campus operations (for example: temporary loss of non-FWS on-campus employment, and health-related expenses due to the unavailability of on-campus services)
- A Scholarship Review Board (SRB), made of four representatives from three different university departments (Financial Aid, Student Accounts, and Student Life), reviewed all eligible applications and allocated aid according to the above criteria. The SRB’s final recommendations were then reviewed and approved by the MIU General Counsel.
- Instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants:
- On April 18, 2020, the MIU Student Life department sent a mass email inviting students to apply for the Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.
- Students were instructed to apply by emailing FinAid@miu.edu from their respective MIU email accounts, and including their full name, MIU student ID number, the exact dollar amount requested, and the reason (in detail) for the requested amount(s).
- The Financial Aid department received the requests, documented them, and provided answers to students’ questions in a timely manner.