Kentucky Independent Higher Education and COVID-19 Response
Kentucky's independent higher education institutions swiftly responded to COVID-19, facing financial challenges but maintaining quality education. Relief funding sources include CARES Act and Governor's Emergency Education Relief Fund. Institutions are prepared for Fall 2020 with increased commitments and detailed safety plans. State government support is crucial for economic recovery and long-term growth through scholarship programs.
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KENTUCKY INDEPENDENT HIGHER EDUCATION AND COVID-19: RESPONSE, RELIEF, RESOLVE OJ OLEKA, PHD ASSOCIATION OF INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES (AIKCU) PRESIDENT
RESPONSE HOW COVID-19 IMPACTED AIKCU INSTITUTIONS AIKCU institutions responded immediately to COVID-19, ensuring the safety of students, faculty, and staff while maintaining quality remote academic instruction. With an estimated collective loss of $$$, the financial burden has been enormous. AIKCU institutions lost revenues from summer programs, residential and athletic experiences for students, unemployment insurance claims for employees, and more. AIKCU institutions have demonstrated their critical value to the community during this pandemic, playing key roles in delivering PPE and other resources.
RELIEF FUNDING FOR AIKCU INSTITUTIONS AND STUDENTS CARES Act Funding: Institutional Aid CARES Act Funding: Student Grants Governor s Emergency Education Relief (GEER) Fund Paycheck Protection Program (PPP) loan
RESOLVE AIKCU INSTITUTIONS ARE PREPARED FOR THE FALL Despite the chaos, AIKCU institutions in Kentucky have seen a 3% increase in first year commitments for the Fall 2020 semester. Students from all around Kentucky recognize the long-term benefits of a degree from an AIKCU institution, and our institutions are prepared to meet that need. With detailed plans that reflect CDC guidelines and the Governor s healthy-at-work initiative, our institutions will deliver a high-quality college experience for students in the fall.
RECOMMITMENT HOW STATE GOVERNMENT CAN PLAY A ROLE State government must recommit to maintain its unwavering support for higher education through scholarship programs like KEES, CAP, and KTG. The financial health of our institutions is not only beneficial to the future workforce and economic health of Kentucky, but also for the real and present local economies that so many of our institutions serve. Higher education public and private is critical to the economic recovery of this current moment and the long-term economic growth of Kentucky.
