Grant Report

CARES Act Higher Education Emergency Relief Fund Student Allocation Summary and Quarterly Grant Report

Categories: COVID-19, Union News

Updated: July 10, 2021

Union Theological Seminary (Union) has received funding under the CARES Act to provide Emergency Financial Aid Grants to students. Union returned the signed Certification and Agreement to the Department and will use no less than 50% of funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

As of  June 30, 2021, Union was awarded total funds of $134,359 under the Higher Education Emergency Relief Fund 18004(a)(1) Student Portion and $156,507 under the Higher Education Emergency Relief Fund 18004(a)(1) Institutional Portion. Union will allocate 100% of the funding from our 18004(a)(1) Student Portion and 35% of the 18004(1)(a) Institutional Portions to provide Emergency Financial Aid Grants to students under the Union CARES: CARES Act COVID-19 Emergency Funding Program.

As of June 30, 2021, Union has awarded $48,317 under the Higher Education Emergency Relief Fund 18004(a)(1) Student Portion and $24,722 under the Institutional Portion, totaling $73,039 of CARES Act Emergency Financial Aid Grants to 87 students.

As of 6/30/2021, an estimated 130 Union students were eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and are therefore eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

Union is using the Union CARES: CARES Act COVID-19 Emergency Funding Program application to determine which students receive Emergency Financial Aid Grants. The application asks each student to explain how they have been impacted by COVID-19 and their financial need. If they are seeking reimbursement, students are encouraged to submit supporting documentation. In an effort to provide assistance to as many students as possible, the award amount is determined by the amount requested by the student. Union is using a database to track eligibility, awards, and any duplicate applications.

Students who are awarded are reminded they are receiving funding the CARES Act, and as such, it is intended for: childcare, course materials, food/groceries, housing/rent, medical/healthcare, technology, tuition and fees, and/or utilities. They are encouraged to use the funds accordingly. Awards are distributed via physical check or ACH electronic bank transfer.

To access the Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion and 18004(a)(3), please click the link below:

If you have questions about the information in this report, please email the Office of Financial Aid at finaid@utsnyc.edu.

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