CARES ACT – Federal Emergency Financial Aid Grant, Public Notice
HEERF FUNDS – Federal Emergency Financial Aid Grant, Public Notice
Coronavirus (COVID-19) has created hardships for many people in our society, including students. Many students or their parents have lost jobs making it difficult for them to cover living expenses such as food, housing, medical bills and childcare. To address this situation, the Federal Government passed a law providing “stimulus” money for college students under the CARES Act and the subsequent Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (CRRSAA) of December 27, 2020 and the American Rescue Plan (ARP) signed into law on March 11, 2021.
HEERF III – American Rescue Plan (ARP) – Federal Emergency Financial Aid Grant, Public Notice:
As recipients of HEERF funds under the American Rescue Plan (ARP) of 2021, Mount Mary University is providing the following information:
Mount Mary University signed and returned to the Department of Education the Certification and Agreement on April 15, 2020. The HEERF III (ARP) funds were made available to the University in May 2021. The University received a total of $3,310,840 and is required to provide a minimum of 50% as financial aid grants to students with financial need.
Mount Mary University received $1,655,420 in funds to be distributed to students as emergency financial aid grants. As of May 31, 2022, the University has distributed the full amount of $1,655,420 in financial aid grants to students for use at their discretion consistent with the provisions of the Act.
Mount Mary has an estimated population of 935 students eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965. The number of students that have received funding under HEERF III (ARP) is 693 as of August 31, 2022 for a total of $1,655,420.
The University’s method to determine which students are provided the Emergency Financial Aid Grants, and the level of aid provided, includes such criteria as their level of financial need (based on information supplied in connection with financial aid filings), whether the student has dependent family members, or others who express an urgent need, documented through an aid request form that will be made available by the University to all students.
The University will send out a notice with each grant check explaining the source, intentions and requirements related to the funds. Students will be advised that the funds are Federal grants intended to be used for their personal needs such as food, housing, medical bills and childcare, and that the funds do not need to be repaid.
An additional CRRSAA grant (PL 116-136 Title VIII Coronavirus Aid, Relief, and Economic Security Act) in the amount of $204,379 received on August 4, 2021 was all expended for COVID-19 related items consistent with the provisions of the Act.
- Mount Mary University – HEERF III – ARP Reporting
HEERF II – CRRSAA Funds – Federal Emergency Financial Aid Grant, Public Notice:
As recipients of HEERF funds under the CARES Act and CRRSAA (HEERF II) funds under the Coronavirus Response and Relief Supplemental Appropriation Act of 2021, Mount Mary University is providing the following information:
Mount Mary University signed and returned to the Department of Education the Certification and Agreement on April 15, 2020. The HEERF II (CRRSAA) funds were made available on February 19, 2021. The University received $1,857,770 and is required to provide a minimum of $578,637 as financial aid grants to students with financial need. As of April 30, 2021, the University has distributed the entire amount of $578,637 in financial aid grants to students for use at their discretion consistent with the provisions of the Act.
A total of 440 students from an estimated population of 935 students eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 have received funding in varying amounts for a total of $578,637 as of April 31, 2021.
The University’s method to determine which students were provided the Emergency Financial Aid Grants, and the level of aid provided, included such criteria as their level of financial need (based on information supplied in connection with financial aid filings), whether the student has dependent family members, or others who expressed a need, documented through an aid request form made available by the University to all students.
The University sent out a notice with each grant check explaining the source, intentions and requirements related to the funds. Students were advised that the funds were Federal grants intended to be used for their personal needs such as food, housing, medical bills and childcare, and that the funds do not need to be repaid.
An additional CRRSAA grant (PL 116-136 Title VIII Coronavirus Aid, Relief, and Economic Security Act) in the amount of $118,593 received on March 5, 2021 was all expended for COVID-19 related items consistent with the provisions of the Act.
- Mount Mary University – HEERF II – CRRSAA Reporting
HEERF I – CARES Act – Federal Emergency Financial Aid Grant, Public Notice:
Coronavirus (COVID-19) has created hardships for many people in our society, including students. Many students or their parents have lost jobs making it difficult for them to cover living expenses such as food, housing, medical bills and childcare. So the Federal Government passed a law providing “stimulus” money for college students under the CARES Act.
Mount Mary University received $578,637 of such funding under the CARES Act on April 27, 2020. All of these funds have been awarded to students in the form of grant aids for use at their discretion consistent with the provisions of the Act.
As of August 26, 2020 a total of 752 students from a population of 888 eligible students have received checks in varying amounts using the entire amount funded of $578,637.
The University’s method to determine which students were provided the Emergency Financial Aid Grants, and the level of aid provided, included such criteria as their level of financial need (based on information supplied in connection with financial aid filings), whether the student has dependent family members, or others who expressed a need, documented through an aid request form made available by the University to all students.
The University sent out a notice with each grant check explaining the source, intentions and requirements related to the funds. Students were advised that the funds were Federal grants intended to be used for their personal needs such as food, housing, medical bills and childcare, and that the funds do not need to be repaid.
In addition the University received another Cares Act “stimulus” funding (PL 116-136 Title VIII Coronavirus Aid, Relief, and Economic Security Act) in the amount of $578,636 to be used for COVID-19 related items. As of May 31, 2021 Mount Mary University has funded necessary COVID-19 items in the amount of $578,636.
Another Cares Act “stimulus” funding (PL 116-136 Title VIII Coronavirus Aid, Relief, and Economic Security Act) in the amount of $84,841 was all expended for COVID-19 related items such as additional technological hardware for students, such as laptops or tablets, classroom equipment to enable social distancing, and additional instructional equipment and supplies for the classrooms.
- Mount Mary University – HEERF I - CARES Act Quarterly Budget and Expenditure Reporting