Cares ACT Report

Felbry College- School of nursing, was awarded COVID-19 grant in the amount of $617,396, of which $308,698 was received on May 26th, 2020 from the DOE (phase 1) intended for the student, while the second (phase 2) is for the institutional use. 

  1. An acknowledgment that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
  2. The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.
    • Felbry College- School of nursing, was awarded COVID-19 grant in the amount of $617,396, of which $308,698 received from the DOE (phase one)
    • The Total Allocation is split: 
      • 50% for the student (phase one)
      • 50% for the institution (phase two)
  1. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).
    • From the student portion, $138,028.67 has been distributed to 237 students out of the 260 accounted for. 
  2. The estimated total number of students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.
    • 260 students.
  1. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.
    • The student portion of the aid was calculated based on the number of current active students (260 Count), that are legal residents who could be Pell eligible. 
  1. The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.
    • Felbry College – School of Nursing followed the guidelines from the US D.O.E. regarding the distribution of funds. Divided the number of funds available to the students by the total number of students to determine the grant amount per student. For example, if the school had $617,396 Total Allocation 50% of the total allocation = $308,698 Institution identifies (x) impacted students $308,698/x/2 = $xxx grant amount per student
    • Per the distribution method utilized, the grant was divided into two installments; of which the first distribution went out. 
    • The second distribution is scheduled to go out in the first week of September 2020.
  1. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
    • Step 1: Initial email was sent out on April 16th, 2020 to all actively enrolled students regarding the CARE ACT.  However, on May 22nd, 2020. New communication was sent to the Institutions to allocate funds to students that are (Title IV and non-Title IV) eligible.
    • This was the first language that was used in the initial email on April 16th; “The U.S. Department of Education has made Emergency Financial Aid Grants to students of our institution who need financial support for their expenses related to the disruption of campus operations due to Coronavirus. This application permits students to apply for these need-based grants. Campus administration will use the information you provide here to determine your eligibility for a grant and the amount for which you will be eligible. Each student will be eligible for only one grant, and only one application will be considered per student. Please fill out this information neatly and completely and provide it to your campus Financial Aid Officer, Bursar, or Campus Director. Only active students who are participating in courses actively and who are in good standing will be eligible to receive a grant.”
    • Link to the initial communication
  2. Step 2: An Award Letter was sent to the students giving them the awarded amount. This award sheet allowed the students to input their banking information (Account # and Routing #) along with an e-signature to accept the award.