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UI FY24 Emergency Hardship Fund Report

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University Human Resources

FY24 EMERGENCY HARDSHIP FUND REPORT The UI Emergency Hardship Fund for employees completed its third successful year. The fund is a collaboration between UI EAP and Family Services and supports costs, of up to $1000, related to an unforeseen emergency event or crisis creating a financial hardship.

79 Recipients* APPROVED FUNDING The most common expenses awarded were loss of income, car repairs, and burial expenses for a loved one. *58 recipients received funding in FY23

Eligibility requirements include: • • • • •

50% or greater, regular faculty and staff Minimum 6 months continuous benefits-eligible employment Hardship event has occurred within 3 months of application Have an individual annual gross income <= $55,000 @ 100% FTE Have not received funds through UI Hardship Fund in past 5 years

Approved by Job Type Merit

52

Professional/Scientific

26

SEIU

1

Applications can be submitted online at any time. The Emergency Hardship Fund Awards Committee reviews applications and responds within 2 weeks.

NEW FOR FY24: The Emergency Hardship Fund added emergency medical and dental costs to the list of expenses eligible for funding.

“It’s a life-saving program. It helped tremendously with keeping the utilities on and food on the table for my family” -FY24 Emergency Hardship Fund Receipient

86% IMPROVED PERFORMANCE 86% of fund recipients reported that their ability to perform optimally had or will improve as a result of being awarded funds.

Support for Health Care Approved UI vs Health Care UI General

29

Iowa Health Care

50

Total

79

The University of Iowa prohibits discrimination in employment, educational programs, and activities on the basis of race, creed, color, religion, national origin, age, sex, pregnancy, disability, genetic information, status as a U.S. veteran, service in the U.S. military, sexual orientation, gender identity, associational preferences, or any other classification that deprives the person of consideration as an individual. The university also affirms its commitment to providing equal opportunities and equal access to university facilities. For additional information on nondiscrimination policies, contact the Director, Office of Institutional Equity, the University of Iowa, 202 Jessup Hall, Iowa City, IA 52242-1316, 319-335-0705, oie-ui@uiowa.edu.


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