Policy & Disclosures
6/12/2020 – update: 03/31/2021
Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Pub. No. 116-136 (March 27, 2020), authorizes the Secretary of Education to allocate grant funds from the Higher Education Emergency Relief Fund (HEERF) to schools participating in Federal Financial Aid.
Section 18004(c) of the CARES Act requires no less than 50% of the HEERF funds received be used to provide emergency financial aid grants to students for expenses related to the disruption of campus operation due COVID-19.
Related expenses included under the Student’s cost of attendance guide lines such as food, housing, course materials, technology, health care and child care.
KD Conservatory, College of Film and Dramatic of Arts, signed and returned to the Department of Education (DOE) the agreement for HEERF funding.
The total amount of funding received for Education Stabilization Fund is $111,528.00
The total amount of funding received for emergency student grants is $111,582.00
The total amount of funding distributed to students as of March 31, 2021 is $76,200.00.
The estimated total number of students eligible for student grants was 92.
Total number of students that have received an emergency grants as of the date of this disclosure is 66.
Eligibility and amount received will be determined on a formula based on needs analyses.
Student must have filled out a Federal Student Aid Form (FAFSA).
Student must also fill out the form: Emergency Financial Aid Grant to Students
Amount of Aid awarded is based on the amount of Pell Grant awarded for through the FAFSA application.
Below is the amount determination scale:
Until determined otherwise there is a maximum amount of 2 disbursements awarded per Student.