KGI has received federal funding from the U.S. Department of Education through the CARES Act, which provides some assistance for student expenses related to the disruption of campus operations due to COVID-19. Students whose lives have been disrupted or who are experiencing financial hardships may be eligible for reimbursement of the following expenses:
You will receive an email asking you to “opt-in” or “opt out” of this program, and it will ask you to confirm your eligibility as described below.
You may be eligible for CARES Act funding if you are enrolled in at least one face-to-face course during the spring 2020 semester.
Per the U.S. Department of Education, international, dual credit, non-U.S.-citizen students and students enrolled exclusively in online courses prior to March 13, 2020 are not eligible for CARES Act funding. If you do not currently have financial aid through KGI, you may be required to complete a Free Application for Federal Student Aid (FAFSA).
The Coronavirus Aid, Relief, and Economic Security (CARES) Act is federal legislation that provides financial support to individuals and organizations affected by the COVID-19 (coronavirus) pandemic.
The CARES Act includes a Higher Education Emergency Relief Fund (HEERF) that provides more than $14 billion in emergency funding to higher education. Of those funds, a portion is earmarked for student support and a portion is earmarked for institutional costs.
The actual amount each student will receive is based on the number of applications received and the funds available. KGI will distribute funds equally to all eligible students.
Students will receive a check sent to their mailing address on file. It is the student’s responsibility to maintain a correct active address with KGI to ensure receipt of payment.
No, you will not need to repay any money received under the CARES Act.
No. At the current time, the student portion of CARES funds is limited and will be distributed in its entirety by May 31, 2020.
No. This is an emergency grant to help you manage unexpected expenses directly related to the coronavirus, and it will not have any impact on other financial aid you may be eligible to receive.
While KGI is prohibited from providing tax advice to students, the federal government deems these payments as qualified disaster relief under Section 139 of the Internal Revenue Code. Please check with your tax advisor if you have any questions.
IRS website: FAQ on the CARES Act