Emergency Relief Funding

June 23, 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 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.
    1,477
  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 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.
    1,477
  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.