The University of Miami was awarded funding for students through the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Higher Education Emergency Relief Fund (HEERF). These sources provide federal aid to institutions of higher education to provide emergency financial assistance. These critical funds will help eligible UM students cover expenses related to the disruption of campus operations due to COVID-19.
Dear Students,
As the University closes the spring semester while planning for the months ahead, we write to share an update regarding emergency financial assistance for students.
Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the University will receive and distribute funds to University of Miami students who have been adversely impacted by the COVID-19 pandemic. These emergency funds will be distributed to students who have incurred expenses due to the disruption of campus operations, including eligible expenses under a student’s cost of attendance, such as food, housing, course materials, technology, health care, and child care.
The Department of Education has issued guidelines regarding the eligibility of students who may receive emergency financial aid grants under the CARES Act:
Under the federal guidelines, students who were exclusively in an online program prior to the disruption of campus operations are not eligible to receive these federal funds.
If you believe you are eligible for an emergency grant based on the Department of Education guidelines, please complete a brief online application to request emergency financial assistance. The ’Canes Central FAQs answer additional questions about student eligibility, eligible expenses, and the application process.
Funding is limited and it is our aim to assist those students in the greatest need. To expedite the distribution of emergency funds to students, the University will review applications and award funds on an ongoing basis until the funds are exhausted. Forms must be submitted by Wednesday, May 13, at 5 p.m., and the completion of the request form does not guarantee funding. Students will be notified of a decision via their miami.edu email account.
For additional information, please visit canescentral.miami.edu to submit your question. A ’Canes Central associate will then follow up with you directly.
1. An acknowledgement that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. 5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act. Review Process 7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants. https://canescentral.miami.edu/communications/cares-act/index.htmlHigher Education Emergency Relief Fund Reporting- Emergency Financial Aid Grants to Students
We have signed and returned the Certification and Agreement and are distributing funds to students in the form of Emergency Financial Aid Grants.
2. The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.
The amount of funding allocated to the University of Miami: $4,069,545.00
3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).
Initially, $1,964,949 was disbursed to 1,471 students through the application process outlined below.
On February 17, 2021, the remaining funds were disbursed to 7,278 students in accordance with the CARES Act. A communication was sent to those students receiving the grants explaining the awards.
4. The estimated 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)(1) of the CARES Act.
The total number of students eligible to receive funds is 16,419.
Academic Division
FTE
% of FTE
Undergraduate
10,500
63.95%
Graduate
3,956
24.09%
Law
1,164
7.09%
Medical
799
4.87%
Total
16,419
100.00%
Initially, $1,964,949 was disbursed to 1,471 students through the application process outlined below.
On February 17, 2021, the remaining funds were disbursed to 7,278 students in accordance with the CARES Act. A communication was sent to those students receiving the grants explaining the awards.
6. The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.
Initially, $1,964,949 was disbursed to 1,471 students through the application process outlined below.
On February 17, 2021, the remaining funds were disbursed to 7,278 students in accordance with the CARES Act. A communication was sent to those students receiving the grants explaining the awards.
Application Process
All guidance to students will be placed on a CARES Act website.
The U.S. Department of Education announced the awarding of additional funds for higher education institutions under the Higher Education Emergency Relief Fund approved on December 27, 2020 (HEERF II). The University of Miami received $4,067,503 in funding to be used for students for any component of a student’s cost of attendance, or for emergency costs that arise due to COVID-19, including tuition, food, housing, health care and childcare. The University spent $118,863 to award $281 grants to 423 students who were pending validation for the Round One CARES money distributed in February 2021. The remaining funds, $3,948,640, were disbursed equitably to the 8,579 eligible students on April 14, 2021. Each student received $460.
Under the Higher Education Emergency Relief Fund round three funding, the University of Miami received $10,660,000 to provide direct support to students. $9,993,754 was distributed to 18,895 students in October 2021. The remaining funds were distributed to 18,677 students in April and May 2022. The grant amounts in both rounds of funding were determined based on financial need.
Reporting Period March 2020 – October 2020: The University utilized a portion of the Institutional Funds received to provide University housing refunds attributable to the disruption of campus operations due to COVID-19 in March 2020. Additionally, the University utilized funds to waive fees to those students remote learning in the Fall of 2020. The total amount applied was $2,006,433. Reporting Period November 2020 – January 2021: No institutional funds were utilized. Reporting Period February 2021 – March 2021: The University utilized the remaining $2,063,111 of the Institutional Funds received to recover the loss of revenue associated with the disruption of campus operations due to COVID-19. Specifically the loss associated with the termination of housing contracts and waiving University fees due to student election for remote learning designation. Reporting Period April 2021 – June 2021: The University utilized the total HERRF II institutional funds received in April to recover the loss associated with the termination of housing contracts and waiving University Mandatory Fees due to the election for remote learning designation. The total amount applied was $7,759,991. Reporting Period July 2021 - September 2021 (Q3): No HEERF III institutional funds were utilized.