CARES Act – Student Stimulus Grant

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HIGHER EDUCATION EMERGENCY RELIEF FUND (CARES Act)

Mid-Atlantic Christian University (MACU) has signed and returned to the Department of Education the certification and agreement and will use no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide emergency financial aid grants to students.

MACU received $121,065 from the Department of Education for emergency financial aid grants to students.

MACU has identified 163 current students who meet the eligibility requirements as prescribed by the CARES Act and the certification and agreement.

As of December 30th, 2020, the University has disbursed $121,065 in emergency financial aid grants to 157 students under Section 18004(a)(1) of the CARES Act.

The university used the following eligibility criteria to apply:

  • You must be/have been an enrolled graduate or undergraduate student for the term for which you are applying for the CARES Act Emergency Grant.
  • You must meet eligibility requirements for federal financial aid; therefore, you must have completed either a 2019-20 or 2020-21 FAFSA. If you have not completed a FAFSA, you are encouraged to visit studentaid.gov and complete the 2020-21 FAFSA.
  • International students and students who were enrolled exclusively in online coursework at the time of the campus disruption are not eligible.

The CARES Act specifies that the emergency financial aid grants must be directly distributed to students. This means that students who are identified as eligible recipients of the emergency financial aid grants may receive funding from the University from this grant, even if they owe a balance to the University.

These funds are intended to assist students with expenses related to the disruption of campus operations due to coronavirus; such as food, housing, course materials, technology, health care and child care.

All recipients have been notified of their grant eligibility via email.

HIGHER EDUCATION EMERGENCY RELIEF FUND II (CRRSAA)

Mid-Atlantic Christian University (MACU) was not required to execute and return any form with the U.S. Department of Education to receive this supplemental award. The University assures that the institution has used the applicable amount of funds designated under the CRRSAA to provide Emergency Financial Aid Grants to students.

MACU received $121,065 from the U.S. Department of Education for Emergency Financial Aid Grants to students.

The total amount of Emergency Financial Aid Grants distributed to students under the CRRSAA Student Portion was $121,065. These disbursements were made in April/May 2021.

The University used data from the Free Application for Federal Student Aid (FAFSA) and information from student’s academic record with the University to identify the eligible student population. Students with the lowest Expected Family Contribution (EFC, as calculated by the FAFSA) received the highest proportion of funding.  The students enrollment status also determined their funding amount.

EFC 0-5000/ full time student= $1,100
EFC 0-5000/ less than full time student= $600
EFC 5001+/ full time student= $900
EFC 5001+/ full time student= $450

All recipients have been notified of their grant eligibility via email.

MACU identified 120 students enrolled in Spring 2021 who met the eligibility requirements as prescribed by the CRRSAA.

117 students received Emergency Financial Aid Grants funded by the CRRSAA.

As of the date of this writing (July 5, 2021), all Emergency Financial Aid Grants funded by the CRRSAA have been completed.

HIGHER EDUCATION EMERGENCY RELIEF FUND III (American Rescue Plan – “ARP”)

Mid-Atlantic Christian University (MACU) was not required to execute and return any form with the U.S. Department of Education to receive this supplemental award. The University assures that the institution plans to use the applicable amount of funds designated under the ARP to provide Emergency Financial Aid Grants to students.

MACU was notified on May 16, 2021, of an allocation of $348,640 for Emergency Financial Aid Grants to students from HEERF III (3)under the American Rescue Plan.

Our plan to distribute the funds is as follows:

  • Students enrolled in any Spring 2022 courses will be considered to receive funding. We estimate 104 students will receive $107,050. Students with the greatest demonstrated financial need (as determined by the FAFSA) were prioritized.
  • The remainder of funds will be distributed to students enrolled in Fall 2022. Students with the greatest need will be prioritized. The University has not yet estimated the number of students that may be eligible in future terms.
  • Some funding will be awarded to students with special circumstances based on need as determined through the financial aid appeal process.

As of the time of this writing (Jul. 8th, 2022), The University has distributed $497,820 in Emergency Grants to Students from HEERF III (3)funding.

This information is complete and accurate as of Jul. 8th, 2022.

 

 Funds from the CARES Act Emergency Grant Fund are not considered financial aid and do not affect a student‘s current or future financial aid eligibility.