YOUR BUSINESS AUTHORITY
Springfield, MO
Drury University is giving a portion of $1.2 million in Coronavirus Aid, Relief and Economic Security Act funds directly to its students.
The Springfield university announced Friday that most students would receive between $600 and $1,000 based on their Free Application for Federal Student Aid results, according to a news release.
“Students can use the money to help cover any expense related to the disruption of their education due to COVID, whether that be tuition, food and housing, course materials, technology, health care, child care, travel expenses or a variety of other necessities,” Drury President Tim Cloyd said in the release. “We know many are struggling to make ends meet, and while this may not solve all of their financial challenges, we hope it will provide some immediate relief.”
Spokesman Mike Brothers said "the lion’s share" of the $1.2 million in federal funding is going to eligible students via direct payments.
Drury also established an emergency fund through which students can apply for one-time financial support to help with tuition and other education expenses. A “small portion” of the $1.2 million is being used for the fund, Brothers said.
In addition to the federal funding, Drury is asking for donor help in assisting students impacted by the pandemic through a separate fund that lasts through May 2021, according to the release.
Drury ranked No. 4 this year on Springfield Business Journal's list of the area's largest higher learning institutions. The university reported local spring enrollment of 2,865 students.
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