HEERF Grant Aid

Providence Christian College

URGENT UPDATE

CRRSAA Higher Education Emergency Relief Funding for students (Updated March 19, 2021)

Dear Providence Students,

On December 27, 2020, the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), 2021 was signed into law. Through CRRSAA, the Higher Education Emergency Relief Fund (HEERF II) was authorized. Providence was provided funding in the amount of $312,235, of which $97,915 must be granted to students in the form of emergency grant aid. The Act stipulates that emergency grant funding must be prioritized to the most financially needy students or “…students with exceptional need.” The HEERF II provides grant aid funding intended to cover expenses related to the COVID-19 crisis (including any component of a student’s cost of attendance, such as food, housing, course materials, technology, health care, and child care). In response to this latest round of funding and according to the guidance published by the US Dept of Education, Providence has evaluated the financial needs of the student body in a variety of ways and has made a determination on the level of funding allocated to eligible students.

The evaluation criteria used to determine the allocation for a student are:

These criteria were used to determine a baseline allocation for eligible students of anywhere from $500 – $1,500.

  • Does the student meets the eligibility guidelines, mainly in that they must be eligible for Title IV funding.
  • Does the student fall into a category of financial need. In this case, we looked at the student’s Estimated Family Contribution (EFC) as reported on the FAFSA as well as eligibility for the Federal Pell Grant.
  • Providence determined that 91 out of 111 students met the eligibility guidelines and demonstrated some level of financial need.  

Additionally, in an effort to understand which students may have experienced financial hardship, these additional steps were taken, which may have contributed to a student being awarded additional grant aid above the baseline allocation.

  • Providence conducted a survey of all students which asked a variety of questions and allowed students to share any extenuating circumstances contributing to financial hardship.
  • The student financial services team consulted to evaluate any known circumstances that might contribute to financial hardship.
  • 9 of the 91 eligible students were determined to have exceptional need and were provided additional grant aid above the baseline allocation.  

After the final allocation determinations were made, they were reviewed and approved by an internal committee representing the business office, the financial aid office, and the administrative cabinet. The use of all HEER Funding is regularly reported on and made public via the Providence website.

Students that were determined to be ineligible may be considered for additional institutional provided aid through the Providence funded COVID Grant program. For more information, students should contact the office of financial aid at finaid@providencecc.edu. If students have questions about the HEERF II Grant Aid allocation formula, awards received, process of distribution, or anything else, please contact the Business Office at businessoffice@providencecc.edu.

Providence has allocated $104,250 to 91 students from the HEERF II funding as of this date and is grateful to be able to provide this special emergency grant aid funding to our neediest students. Providence has consistently awarded over and above what is allocated for the student portion to meet the needs of our students and families.

NOTE: Providence Christian College is providing this information to demonstrate compliance with requirements for institutions receiving allocations from the Higher Education Emergency Relief Fund.

HEERF Grant Aid - October 30, 2020
CARES Act Reporting UPDATE
CARES Act Quarterly Budget and Expenditure Reporting Disclosure
(Updated October 30, 2020)

In keeping with federal disclosure requirements, Providence Christian College is posting the Quarterly Budget and Expenditure Reporting (QBER) form (PDF). This form reflects cumulative expenditures for the Institutional Aid portion of the CARES act and the FIPSE grant portion over the period from when the funds were first awarded through September 30, 2020.

NOTE: Providence Christian College is providing this information to demonstrate compliance with requirements of the CARES Act for institutions receiving allocations from the Higher Education Emergency Relief Fund.

HEERF Grant Aid - June 22, 2020

HEERF grant aid distributed to Providence students as of June 22, 2020

Providence Christian College has distributed more than $100 thousand in emergency financial aid grants to students under a provision of the federal CARES Act designed to help students affected by the COVID-19 pandemic.

The Providence-administered grants were made possible by the Higher Education Emergency Relief Fund (HEERF) established pursuant to Section 18004(a)(1) of the CARES Act. In April 2020, Providence signed and returned to the Department the Certification and Agreement providing assurance that no less than 50% of the funds received under section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

In May, Providence was awarded $195,830 from HEERF with the requirement that no less than 50% or $97,915 of those funds be distributed to students as emergency financial aid grants. As of June 22, 2020, Providence has disbursed $104,200 of emergency financial aid grants to students. Out of the remaining 50% of institutional funds an additional $119,662 was granted to students in the form of credits and refunds for housing and meal costs, canceled courses, and additional support to students awarded Federal Work Study funds, but who were unable to work and earn these dollars through payroll.

Providence initially reported an estimate of 115 students to be eligible to receive Emergency Financial Aid Grants. Out of the estimated group 112 students were determined to be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1964 and thus eligible to receive an Emergency Financial Aid Grant under the CARES Act. Students that were determined to be ineligible may be considered for additional institutional provided aid through the Providence funded COVID Grant program. For more information, students should contact the office of financial aid at finaid@providencecc.edu.

The emergency grant amounts that Providence students received were determined by a formula that incorporated Department of Education guidelines, Pell Grant eligibility, and the Expected Family Contribution (EFC) calculated in FAFSA applications submitted for the 2019/20 academic year. Eligibility for baseline grant aid also included if the student was a resident student who had to move out of the residence Village. A separate survey was sent via email to allow students to make special requests for extenuating circumstances. Students did not need to request or apply for the Emergency Financial Aid Grants, however, through the survey students were able to provide additional details regarding the financial impact of the COVID-19 pandemic which was considered in the allocation of grant aid amounts awarded.

Providence sent notices by email to eligible students about how the grants were being disbursed and provided updates to its public website.

If students have questions about the HEERF Grant Aid formula, awards received, process of distribution, or anything else, please contact the Business Office at businessoffice@providencecc.edu.

NOTE: Providence Christian College is providing this information to demonstrate compliance with requirements of the CARES Act for institutions receiving allocations from the Higher Education Emergency Relief Fund.

 

HEERF Grant Aid - May 15, 2020

HEERF grant aid distributed to Providence students as of May 15, 2020

Providence Christian College has distributed more than $90 thousand in emergency financial aid grants to students under a provision of the federal CARES Act designed to help students affected by the COVID-19 pandemic.

The Providence-administered grants were made possible by the Higher Education Emergency Relief Fund (HEERF) established pursuant to Section 18004(a)(1) of the CARES Act.

In May, Providence was awarded $195,830 from HEERF with the requirement that no less than 50% of those funds be distributed to students as emergency financial aid grants. As of May 15, 2020, Providence has disbursed $72,450 of emergency financial aid grants to students. Providence estimates that approximately $105,000 will be awarded to students to help cover expenses as a result of the disruption of education due to the Coronavirus pandemic.

The estimated total number of students at Providence potentially eligible to receive the emergency financial aid grants is 127. Providence reports 115 students received an Emergency Financial Aid Grant under the CARES Act.

The emergency grant amounts that Providence students received were determined by a formula that incorporated Department of Education guidelines, Pell Grant eligibility, and the Expected Family Contribution (EFC) calculated in FAFSA applications submitted for the 2019/20 academic year. Eligibility for baseline grant aid also included if the student was a resident student who had to move out of the residence Village.  A separate survey was sent via email to allow students to make special requests for extenuating circumstances.

Providence sent notices by email to eligible students about how the grants were being disbursed and provided updates to its public website.

NOTE: Providence Christian College is providing this information to demonstrate compliance with requirements of the CARES Act for institutions receiving allocations from the Higher Education Emergency Relief Fund.