Content Loading
Skip to main content

SWOSU CARES Act Report

June 10, 2020

Background

The Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act Section 18004(a)(1) of the CARES Act, Pub. L. No. 116-136 signed on March 27, 2020, you may be eligible for a portion of the CARES Act Student Emergency Funds.  These funds have been designated to provide emergency financial aid grants to students for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance such as food, housing, course materials, technology, health care and child care).

As part of the reporting requirements by the U.S. Department of Education, Southwestern Oklahoma State University is responding to the following items provided by the federal government.

Item 1

An acknowledgement that the institution signed and returned the certification and agreement form and that the institution has used or intends to use the funds to provide the mandated amount of at least 50% of the emergency financial aid grants to students.

  • Southwestern Oklahoma State University signed and returned the certification and agreement for on April 9, 2020.

Item 2

The total amount of funds that the institution will receive or has received under the HEERF student portion.

  • Southwestern Oklahoma State University received $1,721,756 under the HEERF student portion of the CARES Act.

Item 3

Of those funds, the total amount that has been distributed to students as of the date of reporting (the first 30-day deadline and then every 45 days thereafter).

  • As of June 10, 2020, a total amount of $1,721,756 has been distributed to eligible students.

Item 4

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 therefore eligible to receive an emergency financial aid grant.

  • Based on federal guidance, the number of students eligible to receive the emergency federal aid grants was 3,240.

Item 5

The total number of students who have received an emergency financial aid grant.

  • The total number of students who have received the emergency financial aid grant, as of June 10, is 3,240.

Item 6

How the institution determined which students did or will receive financial aid grants and how much funding they did or will receive.

  • Student’s eligibility is based on their ability to apply for or have previously applied for Federal Financial Aid or Title IV aid such as Pell, SEOG, Federal Work-Study, or Student Loans. Based on federal guidance, concurrent students, students who previously identified as a felon, international students (except for those possessing a permanent resident card – Green Card), and students in enrolled in fully online programs were not eligible.
  • The amount was calculated based on each student’s number of credit hours enrolled as of March 13, 2020, multiplied by $38.34 per credit hour.

Item 7

Any instructions, directions or guidance provided by the institution to students concerning the emergency financial aid grants.

  • Communication and guidance provided to the students include two separate direct email communications to all students. Questions may be directed to SWOSU Bursar, 580-774-3019 or emailed to bursar@swosu.edu.

May 9, 2020

Background

The Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act Section 18004(a)(1) of the CARES Act, Pub. L. No. 116-136 signed on March 27, 2020, you may be eligible for a portion of the CARES Act Student Emergency Funds.  These funds have been designated to provide emergency financial aid grants to students for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance such as food, housing, course materials, technology, health care and child care).

As part of the reporting requirements by the U.S. Department of Education, Southwestern Oklahoma State University is responding to the following items provided by the federal government.

Item 1

An acknowledgement that the institution signed and returned the certification and agreement form and that the institution has used or intends to use the funds to provide the mandated amount of at least 50% of the emergency financial aid grants to students.

  • Southwestern Oklahoma State University signed and returned the certification and agreement for on April 9, 2020.

Item 2

The total amount of funds that the institution will receive or has received under the HEERF student portion.

  • Southwestern Oklahoma State University received $1,721,575 under the HEERF student portion of the CARES Act.

Item 3

Of those funds, the total amount that has been distributed to students as of the date of reporting (the first 30-day deadline and then every 45 days thereafter).

  • As of May 9, 2020, a total amount of $1,651,495.50 has been distributed to eligible students.

Item 4

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 therefore eligible to receive an emergency financial aid grant.

  • Based on federal guidance, the number of students eligible to receive the emergency federal aid grants was 3,232.

Item 5

The total number of students who have received an emergency financial aid grant.

  • The total number of students who have received the emergency financial aid grant, as of May 9, is 3,102.

Item 6

How the institution determined which students did or will receive financial aid grants and how much funding they did or will receive.

  • Student’s eligibility is based on their ability to apply for or have previously applied for Federal Financial Aid or Title IV aid such as Pell, SEOG, Federal Work-Study, or Student Loans. Based on federal guidance, concurrent students, students who previously identified as a felon, international students (except for those possessing a permanent resident card – Green Card), and students in enrolled in fully online programs were not eligible.
  • The amount was calculated based on each student’s number of credit hours enrolled as of March 13, 2020, multiplied by $38.34 per credit hour.

Item 7

Any instructions, directions or guidance provided by the institution to students concerning the emergency financial aid grants.

  • Communication and guidance provided to the students include two separate direct email communications to all students. Questions may be directed to SWOSU Bursar, 580-774-3019 or emailed to bursar@swosu.edu.