Grant Report

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

Categories: COVID-19, Union News

Updated: July 8, 2022

Union Theological Seminary (Union) has received funding under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the American Rescue Plan (ARP) to provide Emergency Financial Aid Grants to students. Union returned the relevant signed Certifications and Agreements to the Department of Education and will use no less than 50% of funds received under Section 18004(a)(1) of the CRRSAA and ARP to provide Emergency Financial Aid Grants to students.

As of December 31, 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 16% 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 December 31, 2021, Union has awarded a total of $133,065 under the Higher Education Emergency Relief Fund 18004(a)(1) Student Portion and $24,722 under the Institutional Portion, totaling $157,787 of CARES Act Emergency Financial Aid Grants to 247 students.

As of December 31, 2021, during the current academic year, an estimated 224 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.

Beginning October 2021, Union began distributing student grants through the Union CARES: CARES Act Grant Program.  No application is required and eligible students are determined based on enrollment status formula. The Union Office of Financial Aid prioritized grants to students based on their financial need, which was determined by the percentage of the student’s Estimated Cost of Attendance that was not already met with institutional scholarship. Students with 100% of their financial need met by institutional scholarships or grants were not eligible to receive an award. 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: any component of a student’s cost of attendance, 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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