Henry Ford College CARES Act- Higher Education Emergency Relief Fund Reporting
Emergency Financial Aid Grants to Students
May 20, 2020
Henry Ford College [HFC] (OPEID 002270) signed the Certification and Agreement for Emergency Financial Aid Grants (Certification) under the Coronavirus Aid, Relief, and Economics Security (CARES) Act on April 15, 2020. HFC submitted the Certification to the U.S. Department of Education (USDOE) on April 18, 2020, and HFC received its allocation from USDOE on April 25, 2020.
HFC has been allocated $9,153,117 under Section 18004(a)(1) of the CARES Act and HFC intends to use no less than 50% of these funds ($4,576,559) to provide Emergency Financial Aid Grants directly to students.
As of May 20, 2020, HFC has distributed $964,150 in Emergency Financial Aid Grants directly to 1,065 HFC students, based on applications students have submitted to request these funds.
The estimated total number of HFC 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 is 6,632 students.
To be considered for an Emergency Financial Aid Grant, HFC students must complete an application and submit it to the HFC Office of Financial Aid. The Winter 2020 CARES Act Grant request form can be found online. The application provides instructions to students that they must have completed a 2019-2020 FAFSA and meet all other Title IV eligibility requirements. The application also informs students that in order to be considered for a grant they must have been enrolled in at least one Winter 2020 15-week, 12-week, or second 8-week class that was converted from an on-ground format to an online format. The application informs the student of the method of notification, the method of disbursement, and it includes information as to how and where the application should be submitted. Finally, the application requires students to identify the expense(s) they incurred due to the disruption of HFC campus operations resulting in the move from on-ground classes to online classes.
Eligibility for Emergency Financial Aid Grants for HFC students is based on financial issues they have had or will face related to moving to online coursework, such as the need for a (new) computer, internet service, software related to online courses, other technology (such as cameras, scanner, and microphones, or increased utility costs.) The HFC CARES Act Task Force developed the following guidelines for determining the Emergency Financial Aid Grant amounts:
- $650 – Computer Purchase
- $350 – Internet Service Contract and Installation
- $100 – Software Related to Online Courses
- $100 – Other Technology Related to Online Courses (e.g. camera, microphone, scanner)
- $100 – Increased Utility Costs Related to Online Courses
For initial awarding, an individual student maximum of $1,200 has been set. However, once remaining funding reaches $2,500,000, HFC will re-evaluate the awarding process for potential adjustments (up or down) to individual component amounts and/or maximum award amounts. This re-evaluation process will continue throughout the distribution of the remaining funds. If necessary, any remaining funding will be carried-forward to be awarded in subsequent terms based on similar, although possibly somewhat different, criteria.
HFC students were notified about the availability of these Emergency Financial Aid Grants, the requirement to meet Title IV eligibility criteria, and the application to apply for the funds via a press release, email notification, and through a posting on the HFC website.