March 3, 2021 (8:00 a.m.)
Rasmussen University: Emergency Financial Aid Grants for Students
As a result of the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) signed into law on December 27, 2020, funding has been made available to institutions for Emergency Financial Aid Grants to students for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care) or childcare. The CRRSAA requires that institutions prioritize students with exceptional need, such as students who receive Pell Grants, in awarding financial aid grants to students. Rasmussen University will prioritize students with exceptional need by allocating 70% of total funds to students with a zero Expected Family Contribution (EFC), 20% of total funds to students with an EFC between 1-5,711 and the remaining 10% to those with an EFC above 5,711. The EFC is produced as a result of filing the Free Application for Federal Student Aid (FAFSA). As part of the CRRSAA, Rasmussen University will be providing emergency financial aid grants to students according to the following conditions.
To be eligible to receive these funds, you must:
- have incurred expenses for any component of your cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care) or childcare; and
- have filed a 2020-21 FAFSA resulting in a valid EFC, that is clear of any issues identified on the FAFSA regarding citizenship or residency, by March 23, 2021 (if you are currently receiving federal financial aid, including grants or loans, you have met this requirement); and
- be actively enrolled and received an acceptance letter to the University in a Title IV eligible academic program (students enrolled in the Doctor of Nursing Practitioner (DNP) program or utilizing the Professional Achievement Grant (PAG) are excluded and not eligible); and
- complete and electronically submit the CRRSAA EMERGENCY FINANCIAL AID GRANT STUDENT ATTESTATION FORM, if required. Students with a zero EFC are not required to submit an attestation. A link to this form will be emailed to you once your eligibility has been confirmed by the University based on the above criteria.
Only students who meet the above eligibility criteria will receive an email with additional information regarding the emergency financial aid grant. Any emergency financial aid grant funds that you may receive may only be used to pay for any component of your cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care) or childcare as described above. Submission of the Attestation Form does not guarantee receipt of a grant or any specific amount of funds. If you have any questions, please visit our CRRSAA FAQ page for additional information.