Higher Education Emergency Relief Fund (HEERF) Reporting
Emergency Financial Aid Grants to students
The following information is provided to comply with the Department of Education's CARES Act Reporting requirements. This information is limited to CARES Act funding and does not include grant programs utilizing institutional funds.
Reporting as of: December 30, 2020
Mount Vernon Nazarene University (MVNU) submitted a Funding Certification and Agreement for Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act to the Department of Education in April 2020. MVNU was granted a total of $1,310,478 to help mitigate the financial impact of COVID-19. Pursuant to this agreement, MVNU assures that no less than 50 percent of the funds received under Section 18004(A)(1) of the CARES Act are being used to provide Emergency Financial Aid Grants to students.
Mount Vernon Nazarene University was allocated $655,239 from the U.S. Department of Education pursuant to the Certification and Agreement for Emergency Financial Aid Grants to Students. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a) (1) of the CARES Act as of December 30, 2020 is $665,239. MVNU will report updates at least every quarter.
The 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 thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(a) of the CARES Act is 1,232.
All eligible students of Mount Vernon Nazarene University (1,232 students) were given $250 under the Emergency Financial Aid Grants. Students were invited to apply for additional emergency funds, as need arose. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a) (1) of the CARES Act beyond the initial award is 103. In December 2020, MVNU awarded additional monies to continuing eligible students based on need. The amounts students received is variable and dependent upon financial need as determined by the Free Application for Federal Student Aid (if applicable).The number of students awarded these funds is 924.
Mount Vernon Nazarene University has established an application process for students to request funds for their expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, health care, and child-care expenses under Section 18004(a)(1) of the CARES Act. The Emergency Grant Form is available to all students. Award amounts are determined by MVNU based upon an individualized review of the student emergency grant application in accordance with guidelines established by the U.S. Department of Education. As of December 30, 2020, the average additional amount awarded to eligible students is $540.
MVNU announced the availability of emergency grants in a message from the president sent on May 5, 2020, to all students, and the message was reiterated in several follow-up emails to the university community. A message was sent to eligible students in December 2020 notifying them of the additionally awarded funds, sent from the “MVNU CARES Act Committee”. Additionally, the university amplified awareness through a media release and social media. These student notifications include information that funds may be used for allowable expenses such as food, housing, course materials, technology, health care and child care expenses.
MVNU students can visit the Student Financial Aid COVID-19 webpage (www.mvnu.edu/stayinformed
) for additional information and specific guidance regarding Emergency Financial Aid Grants, including to review program information, eligibility requirements and directions for submitting an application.