Coronavirus Aid, Relief, and Economic Security (CARES) Act
Pine Manor College (PMC), like all colleges and universities, is required, as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, to publish specific data about the emergency funding for students.
- PMC signed and returned to the U.S. Department of Education Certification and Agreement on April 22, 2020. The Agreement assures 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 total amount of funds that PMC will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students: $259,456.
- 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): $259,456. The total allocation $259,456 from the Department of Education to PMC has been awarded and all eligible students have been notified via e-mail of their award. The College distributed funds via check payable directly to the students and mailed to their current mailing address.
- The total number of PMC students 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: 207.
- The total number of PMC students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act: 206.
- The method(s) used by PMC to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.
- Based on the original guidance given by the Department of Education to develop a system and process to determine how to allocate funds PMC chose to disburse funds to students who demonstrated significant need.
- Priority was given to low EFC students first. Using a tiered EFC range the college distributed funds in declining increments to reach as many students as possible. PMC disbursed a one-time grant to full-time students who meet the Department of Education’s eligibility requirements, based on the student’s expected family contribution (EFC) reported on the 2019-2020 FAFSA.
- Students with an EFC of less than $100,000 received a grant between $1,475 and $455; those with the lowest EFC received the larger grant. A total of 206 students met the eligibility requirements as outlined below.
- PMC contacted all eligible students beginning 5/18/2020 via email, phone and text indicating the availability of the funding and confirmed the mailing address to send their Emergency Financial Aid Grant fund check.
CARES Act: Higher Education Emergency Relief Fund (HEERF II)
Pine Manor College received $259,456 in additional emergency student funding through the federal Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) of 2021, also known as the Higher Education Emergency Relief Fund (HEERF II). The Act requires that PMC provide financial aid grants to students, which may be used for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care), or child care. PMC began distribution of HEERF II funds to eligible students who applied starting the week of March 22, 2021.
Eligible students were contacted through email and sent a link to complete the PMC HEERF II (CARES ACT) Application. The data elements collected were used to verify the students mailing address and to notify the college if the student wished to use the grant funding to satisfy their outstanding balance or to receive a direct disbursement. A student’s payment preference did not impact their eligibility for these funds or the amount of funds they received. If the student requested to apply grant funds to satisfy their outstanding balance and there were additional funds remaining, the difference was returned to the student.
Distribution of Funds
PMC distributed HEERF II funds directly to degree-seeking, undergraduate students based on the student’s expected family contribution (EFC) reported on the 2020-2021 FAFSA and the number of credit hours registered during Spring 2021.
Award amounts for each student were first determined by their enrollment status (full-time, three quarter time, half-time, less than half time). Priority was given to low EFC students first. Using a tiered EFC range, the college distributed funds in declining increments to reach as many students as possible.
Students with an EFC of less than $100,000 received a grant between $3,000 and $586; those with the lowest EFC received the larger grant. A total of 101 students met the eligibility requirements as outlined below.
Responses from all 101 eligible students were received as of March 30, 2021. All of the HEERF I and HEERF II emergency funding has been disbursed.
If there any questions regarding HEERF II payments, please contact Deborah Gravel, Director of Financial Aid at email@example.com.