CARES Act Funding | Albright College

CARES Act Funding

Albright College received funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act to assist students who were affected financially due to disruption of college campus operations. Albright College students were notified on Friday, June 12, about available funds.

Students who are or could be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA). If a student has filed a Free Application for Federal Student Aid (FAFSA), then the student has demonstrated eligibility to participate in programs under Section 484 of the HEA. Students who have not filed a FAFSA but who are eligible to file a FAFSA may also receive Emergency Financial Aid Grants. The criteria to participate in programs under Section 484 of the HEA include, but are not limited to the following: U.S. citizenship or eligible noncitizen; a valid Social Security number; registration with Selective Service (if the student is male); and a high school diploma, GED, or completion of high school in an approved homeschool setting.

Additional Student Eligibility

  • Students needed to be currently enrolled in the Spring 2020 at Albright College as of and after March 23, 2020, and did not withdraw during the semester
  • Student is not a current Albright employee

CARES Act funds were posted to student accounts on Wednesday, June 10. Distribution of the funds will begin on Friday, June 12, and will continue until all refunds are issued. Funds will be issued either as a direct deposit, if the student is enrolled in eRefund, or as a paper check to be mailed to the home address on record.

Students who are enrolled at Albright College less than half-time and have experienced additional educational expenses related to the COVID-19 pandemic, may apply for CARES Act funds.

Cares Act Application

Students may use the funds for educational costs, for any expenses related to disruption of campus operations such as food, housing, course materials, technology, health care, and childcare expenses, or to make a payment through Albright student accounts for any additional course materials or other education expenses.

Some families have generously indicated an interest in paying it forward by donating their CARES Act funds to support other students who may be in need at this time. If you would like your CARES Act funds to be donated to Albright’s Lifting Up Lions initiative or to the Advancing Lives scholarship fund, please send an email to COVID19adjustments@albright.edu, and we will be in contact with you.

Albright College understands that some students and families were financially impacted by the coronavirus pandemic more than others, so there is a portion of CARES Act funds that will be made available on a need basis. A web-based application process, which is based on data received from the Free Application for Federal Financial Aid (FAFSA), is available here.

Cares Act Application

How much did Albright College receive?

Albright College received $1,284,784 for Emergency Financial Aid Grants to students.

How much has been allocated?

Grant processing for 1,522 eligible students began on June 10, 2020. As of September 30, $1,081,025 has been allocated.

How and when did Albright College apply for CARES Act funding?

Albright College signed and submitted the U.S. Department of Education (DOE) Certification and Agreement for Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act on May 14, 2020. The U.S. DOE provided Alright College with an electronically signed Grant Award Notification (GAN) on May 20, 2020.

How did Albright College determine which students receive CARES Act funds?

Albright College identified all currently enrolled, full-time, undergraduate students who were enrolled as a full-time or part-time student at the time of the campus disruption. Key offices on campus validated enrollment statuses and federal aid eligibility prior to disbursement of emergency funds as outlined in the CARES Act and additional guidance from the U.S. DOE.

Digital Strategies and Infrastructure, Financial Aid and Student Accounts identified the eligible students’ corresponding Expected Family Contribution (EFC) from the Institutional Student Information Record (ISIR) that is created by the FAFSA and/or the lack of a FAFSA. Staff stratified the population by EFC and up to no FAFSA on file. A base level of aid award was established based on enrollment status (full-time or part-time) and increase in grant allocation was added to the calculation based on Expected Family Contribution (EFC).

 

EFC RangeEnrollment Status
from:to:Full-timeHalf-time
$0.00$999.99$1,000.00$500.00
$1,000.00$2,499.99$750.00$375.00
$2,500.00$5,710.99$600.00$300.00
$5,711.00$12,499.99$500.00$250.00
$12,500.00$25,499.99$400.00$200.00
$25,500.00> $100,000$300.00$150.00
No FAFSA$300.00$150.00

HEERF Quarterly Budget and Expenditure Report