As a result of Congress passing the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Randolph has been allocated $332,437 in emergency student aid to assist eligible students who incurred “expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, health care, and child care expenses.”
Once the CARES Act was passed into law, it fell to the Department of Education (ED) to provide guidance to higher education institutions regarding implementation of the provisions. Guidance from ED was key in determining how the funds would be distributed to our students. The key components of this guidance that played a factor in our decision are the following:
As a result of this guidance, Randolph will be awarding the emergency financial aid funds from the CARES Act to Spring 2020 enrolled students who are in a degree program, have a 2019-20 FAFSA on file with Randolph, and meet the Section 484 criteria.
As with other institutions of higher education, 75% of Randolph’s CARES Act allocation was based on enrollment of Pell grant recipients, while the remaining 25% was based on total enrollment. Therefore, Randolph is allocating 75% of its CARES Act funding evenly to students who received Pell grants during the Spring 2020 semester, and the remaining 25% evenly to all other eligible students. This formula results in each Pell student receiving an award of $1,222, and each non-Pell student receiving an award of $291.
Upon Randolph’s receipt of a student’s CARES Act Distribution Form confirming that he/she has incurred “expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, health care, and child care expenses,” a check will be mailed to the address provided in the form. Checks can take up to two weeks to process. Students who have not incurred such expenses should decline the award.
As a result of Congress passing the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Randolph has been allocated $332,437 in emergency student aid to assist eligible students who incurred “expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, health care, and child care expenses.”
Students receiving these funds must meet the eligibility criteria is Section 484 of the Title IV Higher Education Act. This includes, but is not limited to, the demonstration of the following:
While this does not specify students must complete a Free Application for Federal Student Aid (FAFSA), the only way to determine if a student meets the Section 484 requirements is for a FAFSA to be filed.
While the CARES Act does not specify students must complete a Free Application for Federal Student Aid (FAFSA), the only way to determine if a student meets the Section 484 requirements is for a FAFSA to be filed.
Randolph emailed students who had not filed a 2019-20 FAFSA to inform them that we would be distributing funds partly on need. This correspondence indicated that it was imperative that each student complete the 2019-20 FAFSA by Friday, May 22.
Additionally, it indicated that if we did not receive your 2019-20 FAFSA filing by May 22, we were not able to ascertain your Title IV eligibility and, therefore, the student would not be eligible to receive CARES Act funds.
CARES Act funds can be awarded to students for “expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, health care, and child care expenses.”
This may include items such as rent, food, utilities, school related technology and/or supplies (e.g., internet, tutoring, computer issues, etc.), or healthcare needs (e.g., medication, counseling, etc.).
At times, an income change can lead to increased financial aid eligibility for a student. Other times, it does not. The only way to find out how an income change will impact your eligibility is to go through the Professional Judgment process in the Financial Aid Office. You can find information about that process in the Financial Aid Special Circumstances (Professional Judgment) section of our website. CARES Act funding cannot be awarded on the basis of an income reduction.
At this time, Randolph is scheduled to be open for the Fall 2020 term and return to normal operations. As a result, there would not be any qualifying campus disruptions due to COVID-19 to warrant our ability to award funds for that term.
Yes, students who had qualifying expenses during that term are still eligible to receive assistance.
Yes, to be considered for CARES Act funding, you must meet the minimum Satisfactory Academic Progress (SAP) standards as outlined in the Academic Catalog (pages 27-28, 50-51, 113).
While we cannot give you a specific timeframe on when you will receive your funds, we can say that the disbursements to you will be generated as quickly as possible. In general, checks can take up to two weeks to process from the time your CARES Act Distribution Form is received.
No, the funds will be refunded directly to you. Randolph is not allowed to apply these funds to any outstanding charges, even if student wishes to provide authorization to do so.
DOE Frequently Asked Questions:
http://www2.ed.gov/about/offices/list/ope/heerfstudentfaqs.pdf
IRS FAQ information:
http://www.irs.gov/newsroom/faqs-higher-education-emergency-relief-fund-and-emergency-financial-aid-grants-under-the-cares-act
NASFAA COVID-19 Reference Page:
http://www.nasfaa.org/covid19_heerf