HEERF Grant Aid

Providence Christian College

URGENT UPDATE

HEERF Grant Aid (Updated July 29, 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.