Higher Education Emergency Relief Fund Report – Emergency Financial Aid Grants to Students
University of the Potomac (OPE ID: 02218800) received education stabilization funds under Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), Public Law No: 116-136. This Fund Report applies to the student portion received under the Higher Education Emergency Relief Fund that is designated exclusively for emergency financial aid grants to students. The institution appreciates that Congress and the President have made these critical funds available for eligible students who have expenses related to the disruption of campus operations due to the coronavirus pandemic. We take receipt of these federal funds seriously and are distributing them in accordance with the CARES Act and implementing guidance. The institution is making the below information available for transparency purposes and in compliance with the U.S. Department of Education’s (“Department”) Electronic Announcement of May 6, 2020.
For questions or concerns regarding this Fund Report, please contact Andrea Kemp-Curtis, Interim President, andrea.kempcurtis@potomac.edu. The institution signed and returned to the Department the Certification and Agreement [for] Emergency Financial Aid Grants to Students. 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 the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $57862. The Financial Aid Office is responsible for determining eligibility based on a student’s need, resources, and documentation submitted.
Students who are or were enrolled in an institution of higher education on or after the date of the declaration of the national emergency due to the coronavirus (March 13, 2020) are eligible for emergency financial aid grants from the HEERF, regardless of whether they completed a FAFSA or are eligible for Title IV. The HEERF III funds include no student eligibility requirements either. Students who demonstrate exceptional need, such as Pell Grant recipients and undergraduates with extraordinary financial circumstances will be considered a first priority as directed under this federal relief program. These grants are intended to lessen the financial challenges for current students resulting from the continuing financial impact due to COVID -19. The HEERF III funds can be awarded to online students as well. Eligible student groups include citizens, permanent residents, international students, refugees, asylum seekers, DACA recipients, other DREAMers, and similar undocumented students.
A student will receive an award of either $500 or up $2000 based on Title IV eligibility criteria and other criteria as follows:
U.S. citizens and FAFSA eligible non-citizens:
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- You must have a valid 2021-2022 FAFSA
- You must be enrolled in classes or enrolled in classes since the start of the Covid pandemic (March 2020), either full or part-time.
- You must be meeting Satisfactory Academic Progress.
- You must not have scholarships and grants that meet your full 2021-2022 cost of attendance.
- You must show a financial need, calculated as the cost of attendance minus the expected family contribution.
- You must submit an application to explain your financial need.
International, Deferred Action for Childhood Arrivals (undocumented and other non-U.S. citizens:
- You must submit an application to explain your financial need.