CARES Act Higher Education Relief Fund

UPATED December 2, 2020 and will be updated at least every 45 days.

The CARES Act Higher Education Emergency Relief Fund-IHE/Student Aid provides funding to institutions to provide emergency financial aid grants to students whose lives have been disrupted, many of whom are facing financial challenges and struggling to make ends meet. Students cannot apply for assistance directly from the U.S. Department of Education but should contact their institutions for further information and guidance. Institutions have the responsibility of determining how grants will be distributed to students, how the amount of each student grant is calculated, and the development of any instructions or directions that are provided to students about the grant.

Institutional Acknowledgement:

Temple College signed and returned to the Department of Education a certification and agreement certifying that the college will use 50% of the funds under section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants directly to students.

Certification and Agreement

CARES Act Reporting

Amount of Student Emergency Aid Grants Received:

The total award amount received by Temple College of emergency aid going directly to students is $1,468,521.

Amount of Student Emergency Aid Grants Disbursed:

The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act.

Date of Fall Student Emergency Aid Disbursement # of Students Awarded
August 12, 2020 339
August 19, 2020 275
August 27, 2020 227
September 3, 2020 101
September 10, 2020 29
September 17, 2020 21
September 24, 2020 11
September 30, 2020 9
October 8, 2020 2
October 15, 2020 9
October 22, 2020 5
October 29, 2020 70
November 5, 2020 26
November 12, 2020 1
Total # of Students Awarded - Fall1,125
Total Amount Awarded - Fall$562,500
Total # of Students Awarded Overall2,647
Total Amount Awarded to Date$1,054,100

Below is a breakdown by emergency aid award type:

Student Need-Based Emergency Aid

Award Amount Number of Students Awarded as of December 2, 2020 Total Awarded to Students
$1,000 50 $50,000

Student Summer Emergency Aid

Summer Emergency Aid Amount Number of Students Awarded as of December 2, 2020 Total Summer Emergency Aid Awarded to Students
$300 1472 $441,600

Student Fall Emergency Aid

Fall Emergency Aid Amount Number of Students Awarded as of December 2, 2020 Total Fall Emergency Aid Awarded to Students
$500 1125 $562,500

Note: There were 106 instances when CARES grants were returned in full or in part due to the student no longer qualifying for the aid. The total amount returned was $31,482.45.

The estimated total number of students at Temple College who are or could be eligible to participate in the Federal student financial aid programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

3,500 Students

Number of Students Receiving Emergency Aid Grants:

As of December 2, 2020, 2,647 Temple College students have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act.

The methods used by Temple College to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.

A Temple College calling campaign was conducted in the spring 2020 semester immediately after student emergency aid funds were received by Temple College to identify the students who had been adversely impacted by COVID-19 and were experiencing the highest need. An initial 40 students were identified through the one-on-one calls followed by an additional 10 students in the summer semester. Emergency need-based aid was distributed immediately to the students identified through direct deposit if they had it set up through the college. Those who did not have direct deposit were sent a check.

The second distribution of funds were sent out to all students who were eligible for a summer award and were enrolled in at least 6 hours. Summer Emergency Aid was distributed to all eligible students through direct deposit if they had it set up through the college. Those who did not have direct deposit were sent a check.

The third distribution of funds were sent out to students enrolled in the fall term who completed an application and met the criteria specified for the award.

Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

 

CARES Act Institutional Aid - Quarterly Budget and Expenditure Reporting

CARES Act Reporting Data