All: NAICU will be making a copy of the slides and recoding of this presentation available following the webinar. It will be posted to our website: http://www.naicu.edu/research-resources/coronavirus-disease-covid-19-resourcesZoom will also send links to all registrants tomorrow.
ALL: we will be using the chat function today not the Q&A function. Thanks.
Student Employment - If a student lost their on campus student employment position due to COVID-19, would it be acceptable to prioritize this as a factor when distributing student grants?
Yes, MARCH 27
Can the funds be distributed evenly for eligible students?
Are there any sample documents to help determine need and allocation of grants?
Can the funds be distributed to graduate students? (I missed that answer)
Can't seem to get an answer on how to distribute student funds - whether through AP or student accounts.
If we got our allocation amount, that is all we get for students AND institution? But we still need to submit and application for institution?
YES it can be distributed to grad students.
It can go to graduate students.
Can we draw all of the funds and spend over time without any cash management issues, assuming it is within a year? We normally operate on a reimbursement basis.
If the funds cannot go towards existing balances, seems like must go through AP
It is my understanding that funds should not be applied to student accounts but rather processed through AP. Funds should reach the students in the form of a check, direct deposit, etc.
Why wouldn't we be able to use our existing student accounts system as a pass-through to get funds into student hands, if we don't apply it towards any charges, and it gives us the ability to get funds to them more quickly?
Interested in the student account question too! Is it allowed if we bypass any existing charges and immediately refund.
we are using student accounts as a pass through and issuing the refunds
it probably depends on if your campus SIS has the ability to process a refund even though a student has a balance
Also interested in the student account question too. As long as funds only pass through the account and not stay there, I would imagine it wouldn't be an issue. Especially if it is clearly identifiable as a CARES Grant.