mbts disburses “cares act” funds to meet student needs
Adapted from an article originally published on Baptist Press on July 21, 2020.
In May, Midwestern Baptist Theological Seminary became a recipient of funds provided by the CARES Act. In accordance with the details of the grant, the institution plans to award no less than 50 percent of the funds received through the CARES Act to provide emergency financial aid grants to students. The institution received $233,499 from the Department of Education specifically for emergency financial aid grants to students.
Spurgeon College or Midwestern Baptist Theological Seminary students who feel they may be eligible are asked to complete an application for student aid and an emergency aid request. When both of these requirements have been met, the institution reviews the aid requests and distribute funds.
As of July 8, the institution had disbursed $146,365 in emergency financial aid grants to 90 students. Students who were potentially eligible were encouraged to complete the necessary forms. Other students who were already eligible were distributed funds based on expenses incurred, as calculated by the institution.
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