News - Cares Act 4th Quarter Update

Cares Act 4th Quarter Update

Cares Act 4th Quarter Update

As of April 30, 2022, Greenville University has been awarded the following:

HEERF I

  • Student funds of $478,676. 100% of these funds were passed on to qualifying students.
  • Institutional funds of $478,675. 100% of these funds were used for institutional purposes including but not limited to, providing additional emergency financial aid grants to students, covering the cost of providing additional technology hardware to students, such as laptops or tablets, or covering the added cost of technology fees, subsidizing food service to reduce density in eating facilities, to provide pre‐packaged meals, or to add hours to foodservice operations to accommodate social distancing, campus safety, and operations, or replacing lost revenue from academic or auxiliary sources.
  • Strengthening Institutions funds of $47,349. 100% of these funds were used like the institutional funds. 

HEERF II

  • Student funds of $478,676. 100% of these funds were passed on to qualifying students.
  • Institutional funds of $1,189,088. 100% of these funds were used for institutional purposes including but not limited to, providing additional emergency financial aid grants to students, covering the cost of providing additional technology hardware to students, such as laptops or tablets, or covering the added cost of technology fees, subsidizing food service to reduce density in eating facilities, to provide pre‐packaged meals, or to add hours to foodservice operations to accommodate social distancing, campus safety and operations, or replacing lost revenue from academic or auxiliary sources.
  • Strengthening Institutions funds of $70,155. 100% of these funds were used like the institutional funds.

HEERF III

  • Student funds of $1,482,743. 100% of these funds were awarded to students before October 31, 2021.
  • Institutional funds of $1,438,906. These funds have been drawn down and used by the institution to offset revenue losses.
  • Strengthening Institutions funds of $127,883. These funds have been drawn down and used by the institution to offset revenue losses.

Click here to view CARES Act Quarterly Budget & Expenditure Reporting period ending April 30, 2022. 

This story was published on May 04, 2022