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CARES Act

CARES Act Emergency Financial Aid Grants to Students

Updated June 30, 2021

Utilization of CARES Act Funds:

Certification and Agreement. Washington College completed a formal Certification and Agreement with the U.S. Department of Education on April 10, 2020. The agreement provides that fifty (50) percent of its formula grant funds be used to cover any costs associated with significant changes to the delivery of instruction due to the coronavirus. This agreement was amended through two supplemental appropriations as a part of the Higher Education Emergency Relief Fund (HEERF).

Amount of Funds Received.  Washington College has received a total of $1,047,397 from the CARES Act (Award Numbers P425E200544 and P425F200817), $1,494,340 from HEERF II (Award Numbers P425E200544 and P425F200817), and $2,694,721 from HEERF III (Award Numbers P425E200544 and P425F200817). Of these sums $523,699, $523,699, and $1,347,361, respectively, were earmarked for emergency financial aid grants to eligible students. The entirety of the balance (the Institutional Components - $523,698, $970,642, and $1,347,360, respectively) has been utilized to offset refunds of Spring 2020 semester room and board fees and to offset lost room and board revenue due to remote learning in the Fall 2020 semester.

Eligible Students.   The estimated total number of Washington College students eligible to participate in the first round of the program under Section 484 in Title IV of the Higher Education Act of 1965 was 961. These students were deemed eligible to apply for Emergency Financial Aid Grants. Eligible students were informed by email of the opportunity to apply for an Emergency Financial Aid Grant. Eligible students were invited to complete and submit an application. All applications were reviewed and approved based upon criteria established and administered by Washington College.

The estimated total number of Washington College students eligible to participate in the second round of the program under Section 484 in Title IV of the Higher Education Act of 1965 was 972. Some students were automatically chosen based on financial need and others were eligible to apply. Eligible students were informed by email of the opportunity to apply for an Emergency Financial Aid Grant. Eligible students were invited to complete and submit an application. All applications were reviewed and approved based upon criteria established and administered by Washington College.

Emergency Financial Aid Grants. As of June 30, 2021, a total of $523,699 has been distributed among 501 eligible students from the first round of CARES Act funding and a total of $523,699 has been distributed among 417 eligible students from the HEERF II funding. Student portion funding from HEERF III is planned to be awarded beginning with the fall 2021 semester.