CARES/HEERF Emergency Financial Aid & Institutional Grants Reporting
On March 27, 2020, the President of the United States signed the CARES Act (H.R. 748), which provides emergency relief funds to organizations and individuals affected by the Coronavirus pandemic. The Higher Education Emergency Relief Fund (HEERF), found in Section 18004 of the CARES Act, provides funding to institutions of higher education “to prevent, prepare for, and respond to Coronavirus.” This report provides details on the first and second award that St. Lawrence University received under the HEERF, the funds for Emergency Financial Aid Grants to students under Award No. P425E203188.
Certification
St. Lawrence University signed and returned to the Department of Education the Certification and Agreement on April 20, 2020. St. Lawrence University will use 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
Award
St. Lawrence University received a total of $1,808,349 under Section 18004(a)(1) of the CARES/HEERF 1. The University will distribute $904,175 directly to students impacted by campus disruptions due to the Coronavirus. These funds are received from the Department of Education and are being distributed pursuant to our Certification and Agreement for Emergency Financial Aid Grants to Students.
St. Lawrence University received a total of $2,660,768 for HEERF 2 funding. The University will distribute $904,175 directly to students.
St. Lawrence University received a total of $4,720,830 for HEERF 3 funding. The University will distribute $2,360,415 directly to students.
Student Eligibility
St. Lawrence University has estimated that 1,268 students are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and, therefore, are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act. As of 12/31/2020, St. Lawrence University has awarded Emergency Financial Aid Grants to 520 students under Section 18004(a)(1) of the CARES Act. As of 3/31/2021, St. Lawrence University fully awarded CARES/HEERF 1 funds to 652 students. As of 6/30/2021, St. Lawrence University fully awarded HEERF 2 funds to 346 students.
Method Used to Determine Students' Eligibility
St. Lawrence University is prioritizing students with the greatest need by using the FAFSA Expected Family Contribution (EFC).
CARES Act awards were first available to students receiving Pell Grants and to students with the next highest need levels. The initial EFC range used was 0-9999. The web-based SLU CARES Act application form, completed by the student, was used to determine the individual requests using approved expense categories. Funding eligibility per individual may be up to $6,000. Priority for the initial high need group will continue through June 1, with remaining available funding to be awarded to the next level EFC group.
A portion of the remaining CARES Act funding, using a set amount, was approved for Pell Grant eligible students in December 2020, who did not receive earlier CARES Act grants. Remaining CARES Act funds, using a set amount for Pell eligible students was offered in March 2021.
HEERF 2 awards were determined by using a set rate amount with tiered awards based on Pell estimated family contribution.
Funds Distributed
As of 6/30/2022, St. Lawrence University has awarded $4,168,765.00 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act to 1,106 students. This is our final quarterly report as the total student aid portion has been awarded to our students.
As of 3/31/2022, St. Lawrence University has awarded $4,159,450.00 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
As of 12/31/2021, St. Lawrence University has awarded $3,801,350.00 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
As of 9/30/2021, St. Lawrence University has awarded $2,823,350.00 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
As of 06/30/2021, St. Lawrence University has awarded $1,808,350.00 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
As of 04/06/2021, St. Lawrence University has awarded $904,175.00 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
As of 01/10/2021, St. Lawrence University has awarded $632,416.47 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
As of 10/12/2020, St. Lawrence University has awarded $467,196.47 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
As of 07/13/2020, St. Lawrence University has awarded $397,344.00 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
As of 05/20/2020, St. Lawrence University has awarded $117,851.00 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
CARES Institutional Aid Grant Reporting
HEERF Cares Act Institutional Funds Report 09-30-2020
HEERF Cares Act Institutional Funds Report 03-31-2021
HEERF Cares Act Institutional Funds Report 06-30-2021
HEERF Cares Act Institutional Funds Report 09-30-2021