HEERF Report
Higher education Emergency relief Fund
Higher Education Emergency Relief Fund (HEERF II) Report-Coronavirus Response & Relief Supplemental Appropriations Act (CRRSAA) Financial Aid Grant to Students
The Modern College of Design (OPE ID: 025530) received education stabilization funds under section 314(a)(4) of the Higher Education Emergency Relief Fund II (HEERF II) as authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260, signed into law on Dec. 27, 2020. The CRRSAA authorizes institutions to provide emergency financial aid grants to students whose lives have been disrupted, many of whom are facing financial challenges and struggling to make ends meet. The institution appreciates that Congress and the President have made these additional funds for eligible students who have expenses related to the disruption of their education due to the coronavirus pandemic. We take receipt of these federal funds seriously and are distributing them in accordance with the CRRSAA and implementing guidance. The institution is making the below information available for transparency purposes and in compliance with the U.S. Department of Education’s (“Department”) Electronic Announcement of May 6, 2020 [1] and Federal Register 86 FR 26213 [2]. For questions or concerns regarding this Fund Report, please contact Karl Wietlisbach, Director of Financial Aid, at karl.wietlisbach@themodern.edu.
Higher Education Emergency Relief Fund Report – Emergency Financial Aid Grants to Students
This report reflects the student portion of Higher Education Emergency Relief Fund (HEERF II + HEERF III) Coronavirus Response & Relief Supplemental Appropriations Act (CRRSAA) financial aid grant to students for the second quarter of FY22 (April – June 2022)
- The institution signed and returned to the Department the Certification and Agreement [for] Emergency Financial Aid Grants to Students. The institution has used, or intends to use, 100 percent of the funds received under Section 314(a)(1) of the Higher Education Emergency Relief Fund II (HEERF II) as authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA).
- The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $247,631.
- The total amount of emergency financial aid grants distributed to students under Section 314(a)(1) of the CRRSAA from April 2022 through June 2022 is $31,967.46.
- The estimated total unduplicated number of students at the institution 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 under Section 314(a)(1) of the CRRSAA, between April 2022 and June 2022 of this Fund Report is 55.
- The total unduplicated number of students who have received an emergency financial aid grant under Section 314(a)(1) of the CRRSAA between April 2022, and June 2022 of this Fund Report is 18.
- The methods used by the institution to determine which students receive emergency financial aid grants and how much they would receive under Section 314(a)(1) of the CRRSAA are provided at Attachment A.
- Any instructions, directions, or guidance provided by the institution to students concerning the emergency financial aid grants are provided at Attachment B.
[2] See: https://www.federalregister.gov/documents/2021/05/13/2021-10196/notice-of-public-posting-requirement-of-grant-information-for-higher-education-emergency-relief-fund
Award Amount Determination: Of the total amount to be awarded we plan to award 30% to the current student body as of 4/20/2021, 60% will be retained for needs of Summer/Fall new students, and 10% will be retained for Professional Judgement (PJ) cases. To determine the amount of each student’s individual award we have created a chart based on EFC and dependency status (see below). Independent students would be awarded $200 more than dependent students. Awards would begin at $1350 for independent and $1150 for dependent and decrease by $25 per 1000 increase in EFC for both. The maximum amount of an award to a student will not exceed $6345 excluding additional funds from PJ requests. As of 4/20/2021, if a student does not have a FAFSA on file, and therefore TIV eligibility cannot be determined as well as the student would have no EFC, but has need for these emergency funds, the student can be awarded the minimum amount of $250.
[2] See: https://www.federalregister.gov/documents/2021/05/13/2021-10196/notice-of-public-posting-requirement-of-grant-information-for-higher-education-emergency-relief-fund
Application Process: Students must complete a CRRSAA Grant Funds Application. The institution will review the application to determine if students are encountering expenses related to the disruption of campus operations due to coronavirus in one or more of the following areas: food, housing, technology, health care, child-care expenses, or tuition. Students will self-certify on the application to their need for funding.
Student Disclosure: For the CRRSAA Grant Funds Application to be approved, the student will need to certify that they will use the funds awarded to them for the specific costs that they incurred for expenses related to the disruption of campus operations due to coronavirus in one or more of the following areas: food, housing, course materials, technology, health care, child-care expenses, or tuition. They must sign the disclosure that is attached to the application. Awards will be issued, and disbursements made to students after application and disclosure have been reviewed and approved.
Application Review Guidelines: The Director of Financial Aid will review applications to verify that students attended the institution for the timeframe that they are being awarded. Awards will be determined based on several factors including:
- Federal student aid eligibility
- EFC
- Dependency status
Once application has been reviewed, a determination will be made as to whether the student can be awarded. An email notification will be sent to the student of their determination. If the request is approved, payment will be made to students by paper check sent to the address on file with the institution.
[2] See: https://www.federalregister.gov/documents/2021/05/13/2021-10196/notice-of-public-posting-requirement-of-grant-information-for-higher-education-emergency-relief-fund
Student Disclosure: If the CARES Act Emergency Relief Grant Application is approved, students will be emailed a CARES Act Emergency Relief Grant Student Disclosure. The student will need to certify that they will use the funds awarded to them for the specific costs that they incurred for expenses related to the disruption of campus operations due to coronavirus in one or more of the following areas: food, housing, course materials, technology, health care, and child-care expenses. They must sign the disclosure and return it to the Director of Financial Aid so that funds can be disbursed to the student. Awards will be issued, and disbursements made to students after receiving a signed disclosure.
HEERF Quarterly Expenditure Reports:
Updated: October 5, 2022
