CARES Act Quarterly Report - Institutional Aid
The U.S. Department of Education awarded $933,914 in institutional aid to Delaware Valley University through the CARES Act Sections 18004(a)(1) Institutional Portion. As of September 30, 2020, the university fully expended these funds. The funds reimbursed the university for the for room and board refunds issued to students due to COVID-related disruption of instruction during the Spring 2020 semester. See the HEERF Quarterly Budget and Expenditure Institutional Reporting Form.
CARES ACT Quarterly Report - Emergency Financial Aid Grants to Students
As of Sept. 30, 2020, cumulatively the University distributed $532,100 of emergency grants to 799 students who have demonstrated need and have certified that they had incurred expenses related to the disruption of COVID-19 campus operations. No additional funds were disbursed since our last update.
CARES Act Emergency Grants
The Coronavirus Aid, Relief and Economic Security (CARES) Act includes the Higher Education Emergency Relief Fund (HEERF) that provides emergency funding to support higher education students impacted by the disruption of campus operations.
Delaware Valley University received HEERF funding through the CARES Act to distribute grants to students whose were impacted by this disruption.
CARES Act Emergency Grants will be released directly to students for qualifying expenses such as food, housing, technology needs, childcare expenses, medical expenses, course materials and other expenses resulting from the campus disruption.
Eligibility for CARES Act Emergency Grants
Students must be:
- Enrolled at Delaware Valley University during the Spring 2020 semester working towards a degree or certificate program.
- Enrolled in in at least one on-campus or face to face course during Spring 2020 semester even if that course moved to a remote format.
- Have a valid social security number
- Be a U.S. Citizen or have qualifying non-citizenship status
- Have earned a high school diploma or GED
- Have registered for Selective Service (if the individual is male and under 26 years of age)
- Fulfill the Satisfactory Academic Progress standards of Delaware Valley University.
- Fullfill other all other Title IV eligibility requirements
- If you do not have a FAFSA on file go to http://www.studentaid.gov to apply. Deadline to file the 19/20 FAFSA is June 30, 2020. However, you can apply for the 20/21 academic year.
- Students should contact the Office of Financial Aid firstname.lastname@example.org for questions on FAFSA filing.
Allow a minimum of 5 business days for processing requests for CARES Act funding.
Per the U.S. Department of Education international students and students enrolled exclusively in on line courses are not eligible to receive CARES Act funding. Students who are ineligible, or apply and do not receive a CARES Act grant should contact Delaware Valley Office of Financial Aid. email@example.com
Applying for Cares Act Emergency Grants
- Use your Delaware Valley University log in credentials to access the application.
- If you have not done so already enroll in Delaware Valley University eRefund process for Direct Deposit to your account.
Delaware Valley University’s method of evaluating eligibility is based on the student being Title IV eligible and additionally based off the students Expected Family Contribution (EFC) to determine which students would be eligible to receive emergency financial aid grants. Students must also indicate the impact on housing, food, technology, course materials, medical expenses were impacted due the campus disruption.
Amount of individual grants will be determined by the results of the 2019/2020 or the 2020/2021 Free Application for Federal Student Aid (FAFSA). The minimum grant will vary depending on the number of requests received but is expected to be $200 with a maximum of $1500. CARES Act grants will be available on a first-come basis and so long as funds are available. Our intention is to assist as many students as possible while being sensitive to need, in accordance with the U.S. Department of Education 's guidance.
Delaware Valley University is committed to assisting as many students as possible. As such, to facilitate receipt of funds to our neediest students, all students who were enrolled in a degree or certificate program and received a Federal Pell Grant during the spring 2020 semester will automatically receive a grant payment without application.
CARES Act grants are not taxable income per the Internal Revenue Service
Questions on the CARES Act can be addressed to firstname.lastname@example.org
Initial Funding Report
The CARES Act requires all colleges and universities participating in the program to provide access to the following information:
Delaware Valley University has signed and returned to the Department of Education the executed “Funding Certification and Agreement for Emergency Financial Aid Grant to Students” under the Coronavirus Aid, Relief, and Economic Security (CARES) Act” on April 10, 2020. This document is an assurance that Delaware Valley University has used, or intends to use, no less than fifty percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
The university received notice that it had received an award of $933,915. This amount represents fifty percent of the total funds to be received by the University under Section 18004(A)(1) and will be used by the University to provide higher education emergency relief funds to students for expenses related to the disruption of campus operations due to the COVID-19 emergency.
The total number emergency relief funds distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission of the initial report on May 20, 2020 (i.e. as of the 30-day report and every 45 days thereafter) is $417,600. As of June 29, 2020, the total amount awarded is $502,400. As August 12, 2020 the amount is $530,300. As of September 30, 2020, the amount is $532,100. Funds will be distributed on an ongoing basis.
The estimated total number of students at the institution eligible to participate in the programs under Section 484 in Title IV of the Higher Education Act of 1965 and therefore eligible to receive emergency financial aid funds to students under Section 18004(a)(1) of the CARES Act is 1,500.
The total number of students who have received an emergency financial aid grant to students under Section 18004(a)(1) of the CARES Act is 522 as of May 20, 2020. As of June 29, 2020, 727 students have been awarded funding. As of August 12, 2020, 796 students have been awarded funding, As of September 30, 799 students have been awarded funding. Funds will be distributed on an ongoing basis.
Delaware Valley University’s method of evaluating eligibility is based on the student being Title IV eligible and additionally based off the students Expected Family Contribution (EFC) to determine which students would be eligible to receive emergency financial aid grants. Delaware Valley University is committed to assisting as many students as possible. As such, to facilitate receipt of funds to our neediest students all students who were enrolled in a degree or certificate program and received a Federal Pell Grant will automatically receive a grant payment without application. Full time Pell eligible students received $800; Part-Time students received $500.
Amount of individual grants will be determined by the results of the Free Application for Federal Student Aid (FAFSA). The minimum grant will vary depending on the number of requests received but is expected to be $200 with a maximum of $800 based on Expected Family Contribution. Grants may exceed the maximum depending on the individual student needs with a maximum of $1,500. CARES Act grants will be available on a first-come basis and so long as funds are available. Our intention is to assist as many students as possible while being sensitive to need, in accordance with the U.S. Department of Education's guidance. Distribution of funds will be on going depending on the needs of students.
The university also requested students to apply for the CARES Emergency Grants through a secure application process. Students were asked to identify their need for emergency grant related to the COVID-19 disruption to campus operations in the areas of technology, course materials, food and housing, health care and child care. Also, instructions were provided to identify other circumstances related to the disruption and to provide a statement regarding their needs. The Office of Financial Aid reviews all the applications for eligibility related to the disruption, reaches out to the student if clarification is needed and/or directs the student to file a Free Application for Federal Student Aid if they had not done so. The Office of Financial Aid reviews the applications daily. The Office of Financial Aid also uses this application as a source for additional funding that may be available to the student.
Once the application is the approved for the emergency grant the Office of Financial Aid awards the students and notifies the Office of the Bursar who then credits the student account and then initiates the process to refund the grant to the student either through the ERefund process directly to the students chosen account or by check. Students are provided with a time frame for processing as well as the procedures.
Students are sent the following email when the funds are disbursed to the student account:
Subject line: Your one-time CARES grant funding has been approved
This is an automated message to inform you that your one-time CARES Act: Higher Education Emergency Relief funding has been approved. You are not permitted to apply for additional funding at this time through the CARES Act. We hope that this grant will provide you some financial relief.
***Please note that it may take UP TO 5 BUSINESS DAYS for the funds to be deposited into your account.***
Details of your one-time CARES grant funding are listed below.
================ REFUND DETAILS ================
Account Credited --- [ ACH Account ]
Refund Amount --- [ Amount ]
This is an automatic message. Please email email@example.com if you have any questions.
Delaware Valley University
CARES check language:
The enclosed check is your one-time CARES Act: Higher Education Emergency Relief funding. You are not permitted to apply for additional funding at this time. We hope that this grant will provide you some financial relief. If you have any questions, please email firstname.lastname@example.org.