CARES Act Funding

  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.
    1. Thaddeus Stevens College of Technology signed and returned to the Department of Education the Certification and Agreement to apply for the CARES Act funding for the college on April 10, 2020. The institution intends to use no less than 50 percent of these funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid 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 Student.
    1. The college will receive $1,866,667 from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Student. A minimum of $933,334 will be provided directly to students for expenses related to the disruption of campus operations due to Coronavirus.
  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).
    1. As of May 7, the college has not received the funds to distribute to students.
    2. The funds have been received as of May 26, 2020.
    3. There were 1048 checks mailed to students on 06/09/2020. The total distribution amount is $933,334.00.
  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. There are 1070 estimated 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.
    2. The total number of students who are eligible to receive the funds is 1048.
  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.
    1. As of May 7, 2020, no students have received Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
    2. The Emergency Financial Aid Grants were mailed to students 06/09/2020.
  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.
    1. The eligibility requirements for students to receive the funds are as follows:
      • Be enrolled in a degree or certificate program for the Spring 2020 semester through the end of the term.
      • Be eligible for Title IV as determined by the Free Application for Federal Student Aid (FAFSA).
      • Have a valid FAFSA on file with the college by May 22, 2020. 
      • Be making satisfactory academic progress. (https://stevenscollege.edu/financialaid/sap/)
      • Not owe an over-payment on Title IV grants or loans.
      • Not be in default on a Title IV loan.
      • File "as part of the original financial aid application process" a certification that includes
        1. A statement of educational purpose.
        2. Student's SSN.
      • Be a U.S. citizen or national, permanent resident, or other eligible non-citizen.
      • Have returned fraudulently obtained Title IV funds if convicted of or plead guilty or no contest to charges.
      • Not have fraudulently received Title IV loans in excess of annual or aggregate limits.
      • Have repaid Title IV loan amounts in excess of annual or aggregate limits if obtained inadvertently.
      • Have Selective Service registration verified.
      • Have Social Security Number verified.
      • Not have a federal or state conviction for drug possession or sale, with certain time limitations.
  1. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
    1. The college has provided the following Frequently Asked Questions (FAQ) guidance on the website for students.
      • Do I need to complete an application to receive the CARES Act funding through HEERF?
        1. No, no formal application is needed. The college has determined that all students have expenses related to the disruption of campus operations due to the Coronavirus. The students who are eligible based on the eligibility requirements previously mentioned will receive these funds.
      • Is a FAFSA required to determine eligibility?
        1. Yes, a valid FAFSA must be received by the college by May 22, 2020. Please keep in mind it takes approximately 3-5 days for the college to receive a FAFSA once submitted (fafsa.ed.gov).
      • Am I still able to complete a FAFSA now if I previously waived the requirement?
        1. Yes, a FAFSA is still able to be submitted. The college must receive the FAFSA and determine the student is eligible for Title IV funds by May 22, 2020.
      • How much money will I be receiving?
        1. Each student will receive the same amount of funding. The amount will be determined once a file count has been made of those who meet the eligibility requirements on May 22, 2020.
        2. Update as of 05/28/2020 – Each student will receive the same amount of funding based on the number of eligible students who were enrolled during the Spring 2020 semester.
        3. Each student will receive $890.59.
      • How will I receive the funds?
        1. The funds will be disbursed by a paper check that will be mailed to the home address that the college has on file.