CARES Act Emergency Student Grants

CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT EMERGENCY FUNDS

Updated March 25, 2022

Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion, 18004(a)(2), and 18004(a)(3)

Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Student Portion, 18004(a)(2), and 18004(a)(3)

On March 11, 2021, the Higher Education Emergency Relief Fund III (HEERF III) was authorized by the American Rescue Plan (ARP.) It provided $39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic. On 5/4/2021, JPCatholic was awarded $448,045 for student emergency financial aid and $448,044 in institutional support.

On March 27, 2020, JPCatholic was allocated $171,903 under Sections 18004(a)(1) and 18004(c) of the federal CARES Act, to provide emergency financial aid grants to students for expenses related to the disruption of campus operations due to the coronavirus, and $171,903 to the institution to cover any costs associated with significant changes to the delivery of instruction due to the coronavirus.

JPCatholic received $156,195 pursuant to Section 18004(a)(3) of the CARES Act - Funds for the Improvement of Postsecondary Education (FIPSE) to defray expenses incurred, including lost revenue, reimbursement for expenses already incurred, technology costs associated with a transition to distance education, faculty and staff trainings, and payroll.

On 01/19/2021, the US Department of Education increased the HEERF (Higher Education Emergency Relief Fund) student emergency aid grant award portion in the amount $171,903.00 and increased the Institutional portion grant award in the amount $334,189.

CRRSAA grant funds were awarded pursuant to Section 314(a)(1) of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Pub. L. 116-260, and are governed by Section 314 of CRRSAA.

Previous CARES ACT unliquidated grant funds awarded previously pursuant to Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Pub. L. 116-136, pursuant to CRRSAA Section 314(d)(2), may be used consistent with the provisions of CRRSAA Section 314(c)(3) for obligations incurred on or after December 27, 2020, subject to the requirements in CRRSAA Section 314(d)(5).

For the original CARES ACT HEERF-Institutional Portion: As of March 31, 2021, all of the allocated $171,903 have been spent as follows for the purchase of additional:

instructional equipment (laboratory equipment and computers) $51,437
equipment and software to enable distance learning: $120,466

For the original CARES ACT HEERF-FIPSE Portion: As of March 31, 2021, all of the allocated $156,195 has been spent as follows for:

Campus safety and operations: $151,696
Additional equipment and software to enable distance learning: $4,499

For the original CARES ACT HEERF - Emergency Student Grants Portion: The US Department of Education stated only students who are Title IV eligible can be awarded CARES Act Emergency funds. The emergency financial aid grants to students are intended for specific expenses that are a direct result of the disruption of campus operations due to the coronavirus. JPCatholic signed and returned to the Department of Education a Certification and Agreement, assuring that it will distribute the entirety of the funds as emergency financial grants to students in a way that prioritizes students with the greatest demonstrated need while ensuring the funds are distributed as widely as possible.

The estimated total number of students at JPCatholic 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 under Section 18004(a)(1) of the CARES Act was 190, of whom 80 are Pell eligible.

As of March 31, 2021, all of the $171,903 allocated, has been awarded to 168 students. Of the students who received the awards, 71 were Pell eligible and 97 non-Pell eligible. The distribution of these funds began on May 25th, 2020.

Eligible students in their application for the emergency grant funding are asked to certify that they incurred eligible expenses in the allowable categories such as food, housing, course materials, technology, transportation, health care, and child care. Further, they certify that these expenses incurred meet or exceed the amount of CARES funding that they qualify for.

The method used to determine how much of a cash grant a student receives is:

Pell Eligible residential students who lived at home Spring Quarter: $1,700/student
Pell Eligible commuter students as well as residential students who lived at JPCatholic's Student Apartments Spring Quarter: $850/student
Title IV but not Pell Eligible residential students who lived at home Spring Quarter: $1,360/student
Title IV but not Pell Eligible commuter students as well as residential students who lived at JPCatholic's Student Apartments Spring Quarter: $680/student

For CARES ACT HEERF II - Emergency Student Grants Portion: As of June 30, 2021, all of the $171,903 awarded on 01/19/2021 was expended in emergency financial aid grants, has been awarded to 199 students. 254 students were deemed eligible. The method used to determine how much of a cash grant a student receives is: Students

with “financial need” at or above $20,000: Award = $1,150
with “financial need” between $10,000 - $19,999: Award = $800
with “financial need” between $250 - $9,999: Award = $250
otherwise, could apply for an award of up to $150

For the CARES ACT HEERF II -Institutional Portion: As of June 30, 2021, all of the allocated $334,189 has been spent as follows:

Campus Safety and Operations: $53,436.73
Purchase of Distance Learning Technology: $17,846.91
Lost revenue - $262,905

For CARES ACT HEERF III - Emergency Student Grants Portion: As of June 30, 2021, $419,772 of the $448,045 awarded on 05/04/2021 was expended in emergency financial aid grant awards to 252 students. 252 students were deemed eligible. The method used to determine how much of a cash grant a student receives was:

73 Students with financial need at or above $20,000: $3,000
77 Students with financial need between $10,000 - $19,999: $2,500
23 Students with financial need between $250 - $9,999: $500
79 Students who could apply for up to $500

During the period 7/1/2021 to 9/30/2021, $8,500 of the CARES HEERF III emergency financial aid grants were awarded to 17 students. Each received $500.

During the period 10/1/2021 to 12/31/2021, $20,273 in emergency financial aid grants were awarded to 28 students.

JPCatholic has voluntarily returned $873 in student aid funds to the US Dept of Education. We could not determine, despite asking numerous time. We decided to distribute the $873 on 8/1/2023.

Eligibility Criteria: The method used to determine the cash grant a student receives was:

Students with $0 EFC and $0 reported total income [parent + student] on the 2022-2023 FAFSA and were enrolled prior to the end of the National Health Emergency

The allocated funds were awarded to 8 students who were deemed eligible. Each received $109.13

All CARES ACT HEERF III - Emergency Student Grants portion funds have now been expended.

For the CARES ACT HEERF III - Institutional Portion: As of June 30, 2021, $174,095 of the allocated $448,044 was expended as follows:

Lost revenue - $174,095

During the period 7/1/2021 to 9/30/2021, no funds were expended.

During the period 9/30/2021 - 12/31/2021, $273,949 was expended as follows:

Lost revenue - $184,727
Campus safety & operations - $77,392
Distance learning technology - $3,258

All CARES HEERF I, II, and III funds have now been expended.

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CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT EMERGENCY FUNDS