CARES Act Emergency Financial Aid Grants to Students
Updated October 10, 2021
Emergency Financial Aid Grants. As of September 30, 2021, a total of $523,699 has been distributed among 501 eligible students from the first round of CARES Act funding, a total of $523,699 has been distributed among 417 eligible students from the HEERF II funding, and a total of $156,500 has been distributed among 53 eligible students from the HEERF III funding ($80,500 has already been given and $76,000 will transmit in the spring). A total of $1,190,861 of HEERF III student funding remains unawarded.
Updated August 9, 2021
The Office of Financial Aid reached out to students with the following update:
Dear Students and Families:
Student Financial Aid is reaching out to you with an opportunity for additional funding for fall 2021 made available through the American Rescue Plan, signed into law on March 11, 2021. This third round of funding is made available to all students, even if you were previously ineligible. No student will be excluded from eligibility, which is a key difference from the prior two rounds of funds that we have received.
We know that the last 18 months has been difficult and that many families have experienced financial hardships resulting from COVID-19. If you or your family’s financial situation has changed significantly from what is reflected on your federal income tax return (for example, if you’ve lost a job or otherwise experienced a drop in income), you may be eligible to have your financial aid adjusted through this third round of funding.
If this situation applies to you, please take the following steps to be considered:
- Do a FAFSA. You can complete the 2021-2022 FAFSA here. If you have already completed a FAFSA or are not able to complete a FAFSA, move to option 2.
- Contact Student Financial Aid at firstname.lastname@example.org and mention that you have had a change in your financial situation. We will arrange for a staff member to reach out to you to collect additional information.
Attached you will find a few Q&A’s that we thought may be helpful to help you determine if you may qualify for these funds.
While those who have been adversely affected financially by the pandemic are the current priority for funding, there will be additional opportunities for these funds in the coming weeks. Please continue to be on the lookout for emails from Student Financial Aid as well as updates on the COVID-19 page.
Updated June 30, 2021
Utilization of CARES Act Funds:
Certification and Agreement. Washington College completed a formal Certification and Agreement with the U.S. Department of Education on April 10, 2020. The agreement provides that fifty (50) percent of its formula grant funds be used to cover any costs associated with significant changes to the delivery of instruction due to the coronavirus. This agreement was amended through two supplemental appropriations as a part of the Higher Education Emergency Relief Fund (HEERF).
Amount of Funds Received. Washington College has received a total of $1,047,397 from the CARES Act (Award Numbers P425E200544 and P425F200817), $1,494,340 from HEERF II (Award Numbers P425E200544 and P425F200817), and $2,694,721 from HEERF III (Award Numbers P425E200544 and P425F200817). Of these sums $523,699, $523,699, and $1,347,361, respectively, were earmarked for emergency financial aid grants to eligible students. The entirety of the balance (the Institutional Components - $523,698, $970,642, and $1,347,360, respectively) has been utilized to offset refunds of Spring 2020 semester room and board fees and to offset lost room and board revenue due to remote learning in the Fall 2020 semester.
Eligible Students. The estimated total number of Washington College students eligible to participate in the first round of the program under Section 484 in Title IV of the Higher Education Act of 1965 was 961. These students were deemed eligible to apply for Emergency Financial Aid Grants. Eligible students were informed by email of the opportunity to apply for an Emergency Financial Aid Grant. Eligible students were invited to complete and submit an application. All applications were reviewed and approved based upon criteria established and administered by Washington College.
The estimated total number of Washington College students eligible to participate in the second round of the program under Section 484 in Title IV of the Higher Education Act of 1965 was 972. Some students were automatically chosen based on financial need and others were eligible to apply. Eligible students were informed by email of the opportunity to apply for an Emergency Financial Aid Grant. Eligible students were invited to complete and submit an application. All applications were reviewed and approved based upon criteria established and administered by Washington College.
Emergency Financial Aid Grants. As of June 30, 2021, a total of $523,699 has been distributed among 501 eligible students from the first round of CARES Act funding and a total of $523,699 has been distributed among 417 eligible students from the HEERF II funding. Student portion funding from HEERF III is planned to be awarded beginning with the fall 2021 semester.