Albion College has signed and returned, to the Department of Education, the Certification Agreement and 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. The College received the funding on April 21, 2020.
Fifty percent ($915,616) of the $1,831,232 emergency funds allotted must go directly to students in the form of emergency financial aid grants for expenses related to the disruption of campus operations due to COVID-19. Funds may also be used to offset expenses related to changes in instruction due to COVID-19, such as investments in technology for distance learning.
TOTAL AMOUNT of Emergency Financial Aid Grants DISTRIBUTED to students under Section 18004(a)(1) of the CARES Act as of July 5, 2020: $727,200.
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: 939.
TOTAL NUMBER of STUDENTS who HAVE RECEIVED an Emergency Financial Aid Grant: 840.
Students who have financial hardship due to COVID-19 due to disruption in campus operations and 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), may receive emergency financial aid grants. 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 the HEA. Students who have not filed a FAFSA but who are eligible to file a FAFSA also may 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.
All eligible students* who have completed a 2019-2020 FAFSA application and were determined by the Financial Aid Office to be eligible for federal financial aid (Title IV) will receive an emergency grant between $500-$1,300 based upon need. Students do not have to apply or take any action. For all eligible students, the emergency grant will be posted on student’s account and within a week a refund will be generated for the same amount. Any students who may need additional assistance will be required to complete the 'Emergency Grant Aid Request". Due to limited funding, additional request for Emergency Grant Aid will be based on availability of funds.
*Eligible students must be currently enrolled in good academic standing, have been enrolled in a degree program at Albion College on March 13, 2020; and meet all qualifications for federal financial aid (Title IV).
The CARES Act is federal legislation which provides a variety of financial support to individuals and businesses affected by the COVID-19 pandemic. One part of this federal program allocates money to Albion College, and a portion of that allocation can be awarded to students who are experiencing financial expenses because of the campus disruption in operations due to the coronavirus.
Expenses need to be directly related to the changes in campus operations due to the coronavirus. Here are some examples:
Note: If you or a family member lost your job and cannot afford to pay for books, that expense would not be allowed because it does not relate to the college’s change in operations.
Funds can be used for food, housing, course materials, technology, health care, tuition, fees, or child care. These expenses need to be tied directly to a specific change in how the college is operating due to the coronavirus.
We have a limited amount granted to us, and we appreciate students only asking for the amount needed so we can serve as many students as possible.
Eligible students who have completed a 2019-2020 FAFSA application and were determined by the Financial Aid Office to be eligible for federal financial aid (Title IV) will receive an emergency grant. Students do not have to apply or take any action.
No, money received through this fund does not need to be repaid.
No, this fund does not negate nor replace financial aid, and it is a one-time grant.
Updated: July 5, 2020