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Federal CARES Act Grant

Thursday, October 29th, 2020

Federal Cares Act Grant

The federal government has established the Higher Education Relief Fund (HEERF) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was signed by President Trump on March 27, 2020.  This fund allowed St. Elizabeth College of Nursing to provide emergency grants to students experiencing financial hardship specifically due to the disruption of campus operations as a result of the COVID-19 pandemic. The relief funds were established to help students with expenses such as academic supplies and course materials, internet access and technology, childcare, health care, food and housing. St. Elizabeth College of Nursing has completed the certification and agreement for this funding with the assurance that we would use no less than 50% of the funds received under Section 18004(a)(1) of the Cares Act to provide emergency grants to students. 

St. Elizabeth College of Nursing has received approximately $220,241.00 in CARES Act funding, with $110,121.00 (50%) allocated to emergency relief grants for eligible students. The current infrastructure of St. Elizabeth College of Nursing did not require additional funds be allocated to purchase additional electronic learning platforms or equipment. Students were notified in May and given the opportunity to apply for the Cares Act.  We recognized that our students were faced with immediate financial challenges related to the crisis, including unanticipated expenses and family income loss. Therefore, the College chose to evaluate the applications based on the number of eligible students and not use an Estimated Family Contribution (EFC) that was determined two years prior. The entire amount of the grants monies received was dispersed to eligible students.

To date, the College has issued $220,241.00 in emergency relief grants to all eligible students who applied (143 total students) in accordance with federal guidelines.  Each eligible student received $1,540.15.  

 

Cares Act Distribution Report

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