CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT)-Section 18004
HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) REPORTING
EMERGENCY FINANCIAL AID GRANTS TO STUDENTS
1) Apollo Career Center signed and returned the CARES HEERF Certification and Agreement for Student’s Portion on April 15, 2020; and approval for the Grant award was received on April 24, 2020. In this agreement, Apollo agreed 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.
2) The total amount of funds available to Apollo Career Center for distribution of Emergency Financial Aid Grants to Students is $84,100.
3) The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) is $83,772 distributed in May 2020.
4) There were 105 students at Apollo Career Center that were deemed eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.
5) As of May 22, 2020; a total of 93 students received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act.
6) The institution determined that active students that were enrolled in a 600-hour or longer program as of March 1, 2020 and were still in an active enrollment status as the date of campus shutdown on March 16, 2020 due to coronavirus are deemed eligible to receive the Emergency Financial Aid Grant for students. Students had to certify that they incurred expenses related to the disruption of campus operations due to coronavirus and will utilize the emergency grant relief funds to cover these associated costs. All 105 eligible students were required to fill out a Google Form to request or decline emergency financial aid grant funds, and they could request an amount not to exceed $1500. Once all the replies were received as of April 30, 2020; the institution formulated the actual check amounts based on utilizing the maximum grant funds available. Each student’s emergency grant was calculated by pro-rating in accordance with their enrollment status (full-time, ¾ time, or ½ time); or if they had requested a lessor amount, they were granted funds according to the lessor of their requested amount or the maximum for their enrollment status classification.
7) The 105 students that were eligible to receive the Emergency Financial Aid Grant were required to fill out a Google Form in which they provided financial hardships if requesting funds; as well as certifiying that they incurred eligible expenses related to the disruption of campus operations due to coronavirus in an amount that meets or exceeds the emergency grant amount they requested. Eligible expenses were explained to include food, housing, course materials, technology, health care, and child care.