Emergency Relief Funding

October 30, 2020

In compliance with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Saint Mary’s College is providing information to the public about the use of funds provided through Award P425F201510. Please download the attached pdf:

Download Update


July 10, 2020

In compliance with Section 1501 l(b)(2) of Division B of the CARES Act, Saint Mary’s College is providing information to the United States Department of Education about the use of funds provided through Award P425F201510.

(A)  The total amount of large covered funds received from the agency

$600,820.00

(B)  The amount of large covered funds received that were expended or obligated for each project or activity

All $600,820.00 has been expended on 288 Cost-of-Living Grants to Students.  The average grant amount has been $2,086.18, with a high of $3,263.00 and a low of $245.50.

(C) A detailed list of all projects or activities for which large covered funds were expended or obligated, including—

(i) the name of the project or activity:

All funds were spent on Cost-of-Living Grants to Students.

(ii) a description of the project or activity:

In making these grants, the College has intended for the grants to provide relief for the financial challenges induced by students’ sudden return home — including expenses related to travel, food, and housing – and to increase students’ potential for continuing their academic progress in an unexpected distance-learning environment.

(iii) the estimated number of jobs created or retained by the project or activity, where applicable:

Not applicable

(D) detailed information on any level of subcontracts or subgrants awarded by the covered recipient or its subcontractors or subgrantees, to include the data elements required to comply with the Federal Funding Accountability and Transparency Act of 2006 (31 U.S.C. 6101 note) allowing aggregate reporting on awards below $50,000 or to individuals, as prescribed by the Director of the Office of Management and Budget."

Not applicable.  All grants made with these funds were made to individual students.  None of the grants made with these funds was $50,000 or more.


June 23, 2020

FINAL REPORT: In compliance with Section 18004(e) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Saint Mary’s College is providing information to the public about the use of funds provided through Award P425E200116 as follows:

  1. An acknowledgement 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.
    This is acknowledged.
  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.
    $600,821.00.
  3. 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).
    To date, Saint Mary’s College has spent $600,821 on Emergency Financial Aid Grants to students.
  4. 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.
    1,240*
  5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.
    To date, 305 students received $600,821 in Emergency Financial Aid Grants.
  6. 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.
    The primary measures used to determine eligibility for Emergency Financial Aid Grants were financial need, as determined by Pell grant eligibility and/or Estimated Family Contribution, and cost of attendance. Priority was given to students with the highest levels of need and the highest cost of attendance for spring semester.
    To date, the average grant amount is $1,976.28, with a high of $3,772.00 and a low of $120.00. The amount was determined either based on each student’s cost of attendance for spring semester or based on demonstration of unanticipated expenditures (e.g., technology equipment, travel) in support of students’ continued educational progress.
    In administering these funds, the College has intended for the grants to provide relief for the financial challenges induced by students’ sudden return home — including expenses related to travel, food, and housing – and to increase students’ potential for continuing their academic progress in an unexpected distance-learning environment.
  7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
    Students were informed that their grants would be received in full regardless of any outstanding balances owed to the College.  They were delivered by direct deposit or mailed check, based on the student’s preference. This methodology continued until the remaining balance of grant funds was administered.

May 8, 2020

In compliance with Section 18004(e) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Saint Mary’s College is providing information to the public about the use of funds provided through Award P425E200116 as follows:

  1. An acknowledgement 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.
    This is acknowledged.
  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.
    $600,821.00
  3. 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).
    To date, Saint Mary’s College has spent $500,474 on Emergency Financial Aid Grants to students.  An additional $100,347 will be distributed in the coming weeks. 
  4. 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.
    1,240*
  5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.
    To date, 215 students have received $500,474 of the Emergency Financial Aid Grant.  We expect this number to grow, as additional student requests are still pending.
  6. 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.
    The primary measures used to determine eligibility for Emergency Financial Aid Grants were financial need, as determined by Pell grant eligibility and/or Estimated Family Contribution, and cost of attendance. Priority was given to students with the highest levels of need and the highest cost of attendance for spring semester.
    To date, the average grant amount is $2,327.79, with a high of $2,772.00 and a low of $990.00. The amount was determined either based on each student’s cost of attendance for spring semester or based on demonstration of unanticipated expenditures (e.g., technology equipment, travel) in support of students’ continued educational progress.
    In administering these funds, the College has intended for the grants to provide relief for the financial challenges induced by students’ sudden return home — including expenses related to travel, food, and housing – and to increase students’ potential for continuing their academic progress in an unexpected distance-learning environment.
  7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
    Students were informed that their grants would be received in full regardless of any outstanding balances owed to the College. They were delivered by direct deposit or mailed check, based on the student’s preference. This methodology will continue as the remaining balance of grant funds is administered.

 

*This number has been revised to comply with the Notice from the Office of Postsecondary Education, Department of Education published in 85 FR 53802 on August 31, 2020.