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CARES Act Reporting

This information is being provided to fulfill reporting requirements related to Aultman College’s administration of funds awarded through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Updated: July 30, 2020

Department of Education Certification and Agreement

Aultman College has signed and returned the Certification and Agreement for the Student Aid, Institutional portion, and Fund for the Improvement of Postsecondary Education (FIPSE) of the HEERF funding to the Department of Education.  Our college intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

 

Total Amount of Funds Received

Aultman College has received $147,862.00 from the Department pursuant to our Certification and Agreement for Emergency Financial Aid Grants to students.

Aultman College has received $147,862.00 from the Department pursuant to our Certification and Agreement for the Institutional portion.

Aultman College has received $189,698.00 from the Department pursuant to our Certification and Agreement for the FIPSE portion.

 

Total Amount of Emergency Financial Aid Grants Distributed

Aultman College has distributed a total amount of $130,250 in the form of Emergency Financial Aid grants to students under Section 18004(a)(1) of the CARES Act as of July 30, 2020.

 

Estimated Total Number of Students Eligible to Participate

The college estimates a total of 233 Aultman College students are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid grants to students under Section 18004(a)(1) of the CARES Act.

 

Total Number of Students Who Received an Emergency Financial Aid Grant

133 students have received an Emergency Financial Aid grant under Section 18004(a)(1) of the CARES Act as of July 30, 2020.

 

Method(s) Used to Determine Which Students Receive Emergency Financial Aid Grants

Aultman College will follow Department of Education rules to distribute HEERF grants directly to students. These grants reimburse students for expenses related to disruption of campus operations due to COVID-19. Funds go directly to students and are not used by the college to offset outstanding student balances. Maximum grant amounts are determined by the college based on available funds.

The following eligibility criteria govern HEERF grant distributions. Students must:

  • be Title IV eligible as indicated on current FAFSA application;
  • be enrolled on or after March 13, 2020, the date the state of emergency was declared; and
  • complete the application and expense attestation forms.

Note:  Students enrolled in an exclusively online program are not eligible to receive these grants.

Students enrolled in Spring 2020 will receive the largest allocation of funds (one time payment up to $1,000 per student based on expense incurred). Remaining funds will be distributed to Summer (one time payment up to $750 per student based on expense incurred) and Fall 2020 (one time payment up to $500 per student based on expense incurred) students. All grants are first come, first served.

 

Instructions, Directions and Guidance Provided to Students Concerning the Emergency Financial Aid Grants

To view the CARES Act application webpage with information for students, please click here.

To view the CARES Act email that was sent to students announcing the application opening, please click here.

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