In a recent Roosevelt University survey, students overwhelmingly agreed that finances were their number one concern about returning this fall. To continue supporting our students, Roosevelt has three programs in place to support students during and after the COVID-19 pandemic. Below is a description of those programs as well as contacts for more information for each initiative.
In April 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This legislation allocated funding to institutions to provide financial support to students that experienced a financial disruption related to the transition to online learning. At Roosevelt University, award amounts range from $200 to $400 and are based upon the student’s Expected Family Contribution (EFC) from the FAFSA and the date the FAFSA was submitted.
To qualify for CARES Act funding, a student must also meet specific criteria in accordance with U.S. Department of Education guidelines:
- Title IV eligible as determined by the FAFSA
- Meeting the Satisfactory Academic Progress requirements
- Not in default or owe an overpayment to any Federal Student Aid programs
- Not enrolled in 100% online courses prior to March 13, 2020
- Experienced a financial disruption related to the transition to online learning
If a student meets the above preliminary criteria, they will receive an email from Financial Aid Services with further instructions. If you have questions regarding the CARES Act, please contact Financial Aid Services at firstname.lastname@example.org or (866) 421-0935.
The Student Emergency Assistance Fund (Laker Grant) provides grants to students experiencing temporary financial hardships. During the COVID-19 crisis, grants will help students make the transition to remote learning and cope with the loss of income.
Over 150 current students have received emergency funding to cover immediate, essential expenses, such as:
- Rent, food and utilities
- Emergency medical costs
- Remote-learning technology and internet access
- School supplies: culinary supplies, online subscriptions and more.
Any currently enrolled student can apply for up to $500 to help with short-term financial hardships. Applications are then reviewed by the University Students of Concern team, a group of Roosevelt staff members that develops plans to care for students in crisis. Please note that due to the recent high volume of applications and disbursements, there is currently a waitlist to receive Laker Grant funds. To add your name to the application waitlist, please fill out this form. Funds are awarded as grants and do not need to be repaid.
For more information about the Laker Grant, please contact the Dean of Students at email@example.com.
Stronger Tuition Grant
In times of crisis, the new Stronger Tuition Grant will award students one-time grants of up to $5,000 ($2,500 per semester). The new fund is available for students with a sudden increase in financial need due to illness, unemployment or other hardships.
As mentioned, students overwhelmingly agreed that finances were their number one concern about returning this fall. The tuition grant will be the final piece of the financial aid puzzle, closing the gap so students can continue their transformative Roosevelt education.
The Stronger Tuition Grant will be awarded in addition to any federal and state aid as well as Roosevelt financial aid, ensuring that undocumented and international students can also access needed support.
The new grant is part of the University’s ongoing commitment to equity during the COVID-19 pandemic. In June, the Stronger Tuition Grant will begin accepting applications for the fall 2020 semester. Undergraduate and graduate students from all six Roosevelt colleges are welcome to apply.
For more information on how to support this initiative, contact Financial Aid Services firstname.lastname@example.org.