COVID-19 HEERF Reporting

Grace Schools CRRSAA HEERF II and ARP HEERF III Reporting – July 10, 2022

Dated 07/10/2022

Grace Schools received Higher Education Emergency Relief Funding under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 (CRRSAA). The CRRSAA funding was received on January 19, 2021.  Subsequent to the CRRSAA funding, Grace Schools received additional Higher Education Emergency Relief Funding under the American Rescue Plan Act of 2021 (ARP).  The ARP funding was received on May 14, 2021.

For the HEERF funding received under CRRSAA, Grace Schools is required to provide at least the same amount of funding in financial aid grants to students as was required to be provided under sections 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Grace Schools received $775,851 in funding from the Department of Education to award as Emergency Financial Aid grants to students under sections 18004(a)(1) of the CARES Act and our institution intends to provide the same amount, $775,851, in financial aid grants to students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 as required.

For the HEERF funding received under the American Rescue Plan Act of 2021, Grace Schools is required to provide $2,117,895 in emergency financial aid grants to students.  Grace Schools intends to provide the full amount of financial aid grants to students as required.

Grace Schools used an application process available to our entire eligible student body and reviewed requests made by students to determine who demonstrated exceptional need.  Applications are reviewed by a committee and awards are being granted to students based upon exceptional need in alignment with the requirements of the Department of Education.

Students were given the option to have the financial aid grant sent directly to them or apply the financial aid grant to outstanding charges on their account. Active confirmation was required to apply the financial aid grant to a student’s account balance.

As of 06/30/2022, $775,851 has been disbursed in financial aid grants to 268 students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 and has $0 remaining to distribute to students.  Grace Schools has disbursed 602 financial aid grants to students totaling $2,117,895 under the American Rescue Plan Act of 2021 and has $0 remaining to distribute to students.

HEERF Quarterly Reporting

Grace Schools CRRSAA HEERF II and ARP HEERF III Reporting – April 10, 2022

Dated 04/10/2022

Grace Schools received Higher Education Emergency Relief Funding under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 (CRSAA). The CRRSAA funding was received on January 19, 2021.  Subsequent to the CRRSAA funding, Grace Schools received additional Higher Education Emergency Relief Funding under the American Rescue Plan Act of 2021 (ARP).  The ARP funding was received on May 14, 2021.

For the HEERF funding received under CRRSAA, Grace Schools is required to provide at least the same amount of funding in financial aid grants to students as was required to be provided under sections 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Grace Schools received $775,851 in funding from the Department of Education to award as Emergency Financial Aid grants to students under sections 18004(a)(1) of the CARES Act and our institution intends to provide the same amount, $775,851, in financial aid grants to students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 as required.

For the HEERF funding received under the American Rescue Plan Act of 2021, Grace Schools is required to provide $2,117,895 in emergency financial aid grants to students.  Grace Schools intends to provide the full amount of financial aid grants to students as required.

Grace Schools used an application process available to our entire eligible student body and reviewed requests made by students to determine who demonstrated exceptional need.  Applications are reviewed by a committee and awards are being granted to students based upon exceptional need in alignment with the requirements of the Department of Education.

Students were given the option to have the financial aid grant sent directly to them or apply the financial aid grant to outstanding charges on their account. Active confirmation was required to apply the financial aid grant to a student’s account balance.

As of 03/31/2022, $775,851 has been disbursed in financial aid grants to 268 students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 and has $0 remaining to distribute to students.  Grace Schools has disbursed 525 financial aid grants to students totaling $1,914,949 under the American Rescue Plan Act of 2021 and has $202,946 remaining to distribute to students.

HEERF Quarterly Reporting

Grace Schools CRRSAA HEERF II and ARP HEERF III Reporting – January 10, 2022

Dated 01/10/2022

Grace Schools received Higher Education Emergency Relief Funding under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 (CRRSAA). The CRRSAA funding was received on January 19, 2021.  Subsequent to the CRRSAA funding, Grace Schools received additional Higher Education Emergency Relief Funding under the American Rescue Plan Act of 2021 (ARP).  The ARP funding was received on May 14, 2021.

For the HEERF funding received under CRRSAA, Grace Schools is required to provide at least the same amount of funding in financial aid grants to students as was required to be provided under sections 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Grace Schools received $775,851 in funding from the Department of Education to award as Emergency Financial Aid grants to students under sections 18004(a)(1) of the CARES Act and our institution intends to provide the same amount, $775,851, in financial aid grants to students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 as required.

For the HEERF funding received under the American Rescue Plan Act of 2021, Grace Schools is required to provide $2,117,895 in emergency financial aid grants to students.  Grace Schools intends to provide the full amount of financial aid grants to students as required.

Grace Schools used an application process available to our entire eligible student body and reviewed requests made by students to determine who demonstrated exceptional need.  Applications are reviewed by a committee and awards are being granted to students based upon exceptional need in alignment with the requirements of the Department of Education.

Students were given the option to have the financial aid grant sent directly to them or apply the financial aid grant to outstanding charges on their account. Active confirmation was required to apply the financial aid grant to a student’s account balance.

As of 12/31/2021, $775,851 has been disbursed in financial aid grants to 268 students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 and has $0 remaining to distribute to students.  Grace Schools has disbursed 473 financial aid grants to students totaling $1,779,049 under the American Rescue Plan Act of 2021 and has $338,846 remaining to distribute to students.

HEERF Quarterly Reporting

Grace Schools CRRSAA HEERF II and ARP HEERF III Reporting – October 10, 2021

Dated 10/10/2021

Grace Schools received Higher Education Emergency Relief Funding under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 (CRRSAA). The CRRSAA funding was received on January 19, 2021.  Subsequent to the CRRSAA funding, Grace Schools received additional Higher Education Emergency Relief Funding under the American Rescue Plan Act of 2021 (ARP).  The ARP funding was received on May 14, 2021.

For the HEERF funding received under CRRSAA, Grace Schools is required to provide at least the same amount of funding in financial aid grants to students as was required to be provided under sections 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Grace Schools received $775,851 in funding from the Department of Education to award as Emergency Financial Aid grants to students under sections 18004(a)(1) of the CARES Act and our institution intends to provide the same amount, $775,851, in financial aid grants to students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 as required.

For the HEERF funding received under the American Rescue Plan Act of 2021, Grace Schools is required to provide $2,117,895 in emergency financial aid grants to students.  Grace Schools intends to provide the full amount of financial aid grants to students as required.

Grace Schools used an application process available to our entire eligible student body and reviewed requests made by students to determine who demonstrated exceptional need.  Applications are reviewed by a committee and awards are being granted to students based upon exceptional need in alignment with the requirements of the Department of Education.

Students were given the option to have the financial aid grant sent directly to them or apply the financial aid grant to outstanding charges on their account. Active confirmation was required to apply the financial aid grant to a student’s account balance.

As of 09/30/2021, $775,851 has been disbursed in financial aid grants to 268 students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 and has $0 remaining to distribute to students.  Grace Schools has disbursed 447 financial aid grants to students totaling $1,715,299 under the American Rescue Plan Act of 2021 and has $402,596 remaining to distribute to students.

HEERF Quarterly Reporting

Dated 07/10/2021

Grace Schools received Higher Education Emergency Relief Funding under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 (CRRSAA). The CRRSAA funding was received on January 19, 2021.  Subsequent to the CRRSAA funding, Grace Schools received additional Higher Education Emergency Relief Funding under the American Rescue Plan Act of 2021 (ARP).  The ARP funding was received on May 14, 2021.

For the HEERF funding received under CRRSAA, Grace Schools is required to provide at least the same amount of funding in financial aid grants to students as was required to be provided under sections 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Grace Schools received $775,851 in funding from the Department of Education to award as Emergency Financial Aid grants to students under sections 18004(a)(1) of the CARES Act and our institution intends to provide the same amount, $775,871, in financial aid grants to students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021 as required.

For the HEERF funding received under the American Rescue Plan Act of 2021, Grace Schools is required to provide $2,117,895 in emergency financial aid grants to students.  Grace Schools intends to provide the full amount of financial aid grants to students as required.

Grace Schools used an application process available to our entire eligible student body and reviewed requests made by students to determine who demonstrated exceptional need.  Applications are reviewed by a committee and awards are being granted to students based upon exceptional need in alignment with the requirements of the Department of Education.

Students were given the option to have the financial aid grant sent directly to them or apply the financial aid grant to outstanding charges on their account. Active confirmation was required to apply the financial aid grant to a student’s account balance.

As of 06/30/2021, $715,800 has been disbursed in financial aid grants to 251 students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021. Grace Schools has $60,051 remaining under the CRRSAA funding to distribute to students.  Grace Schools has not disbursed any funding under the American Rescue Plan Act of 2021 and has $2,117,895 remaining to distribute to students.

HEERF Quarterly Reporting

Dated 04/10/2021

Grace Schools received additional Higher Education Emergency Relief Funding under the Coronavirus Response and Relief Supplement Appropriations Act, 2021. Funding was received on January 19, 2021.

Grace Schools is required to provide at least the same amount of funding in financial aid grants to students as was required to be provided under sections 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Grace Schools received $775,851 in funding from the Department of Education to award as Emergency Financial Aid grants to students under sections 18004(a)(1) of the CARES Act. Our institution intends to provide the same amount, $775,871, in financial aid grants to students under the Coronavirus Response and Relief Supplement Appropriations Act, 2021.

Grace Schools used an application process available to our entire eligible student body and reviewed requests made by students to determine who demonstrated exceptional need.  Awards are being granted to students based upon that need in alignment with the requirements of the Department of Education.

Students were given the option to have the financial aid grant sent directly to them or apply the financial aid grant to outstanding charges on their account. Active confirmation was required to apply the financial aid grant to a student’s account balance.

As of 04/10/2021, $284,850 has been disbursed in financial aid grants to students. Grace Schools has retained $491,001 of said funding to continue to assist students with additional need requests.

CRRSAA HEERF II Reporting

Grace Schools – Department of Education – CARES Act – Higher Education Emergency Relief Fund (HEERF) Section 18004 Reporting Disclosure

As provided for by the Department of Education (DOE) as a provision of the CARES Act, Grace Schools (Grace) has received funds and distributed those funds directly to students to assist them with emergency financial relief related to the disruption of campus operations due to the coronavirus.  These grants are intended to be used by students for food, housing, course materials, technology, health care, and childcare.

Grace received a total of $1,551,701 from the DOE under this program.  The DOE has required institutions to use no less than 50 percent of the total funds received from Section 18004 provisions to go directly to students to provide emergency relief as described above.  Grace chose to distribute 100% of these grants directly to students.

Grace signed the Certification and Agreement for the first 50% of these funds provided for under Section 18004(a)(1) on April 11, 2020 and these funds were allocated to Grace from the DOE on April 23, 2020.

On May 5, 2020, Grace sent checks or direct deposits directly to 918 eligible students with notification to each student that a grant was being distributed.  Eligible students are those who had filed a Free Application for Federal Student Aid (FAFSA) for the 2019-2020 academic year.

The amount of individual grants was based on a pro-rata schedule of the date when a student moved off campus with additional funding provided to students who are Pell and/or State Grant recipients.  The individual additional amount provided to Pell eligible students and State Grant recipients was $150 and $100, respectively. If a student is both Pell eligible and a State Grant recipient, he or she received the greater of the two amounts, or $150.  The average total grant to each student was just over $1,800.

HEERF Reporting PDF

Grace Schools – Department of Education – CARES Act – Higher Education Emergency Relief Fund (HEERF) Section 18004 Reporting Disclosure

As provided for by the Department of Education (DOE) as a provision of the CARES Act, Grace Schools (Grace) has received funds and distributed those funds directly to students to assist them with emergency financial relief related to the disruption of campus operations due to the coronavirus.  These grants are intended to be used by students for food, housing, course materials, technology, health care, and childcare.

Grace received a total of $1,551,701 from the DOE under this program.  The DOE has required institutions to use no less than 50 percent of the total funds received from Section 18004 provisions to go directly to students to provide emergency relief as described above.  Grace chose to distribute 100% of these grants directly to students.

Grace signed the Certification and Agreement for the first 50% of these funds provided for under Section 18004(a)(1) on April 11, 2020 and these funds were allocated to Grace from the DOE on April 23, 2020.

On May 5, 2020, Grace sent checks or direct deposits directly to 918 eligible students with notification to each student that a grant was being distributed.  Eligible students are those who had filed a Free Application for Federal Student Aid (FAFSA) for the 2019-2020 academic year.

The amount of individual grants was based on a pro-rata schedule of the date when a student moved off campus with additional funding provided to students who are Pell and/or State Grant recipients.  The individual additional amount provided to Pell eligible students and State Grant recipients was $150 and $100, respectively. If a student is both Pell eligible and a State Grant recipient, he or she received the greater of the two amounts, or $150.  The average total grant to each student was just over $1,800.

Grace Schools – Department of Education – CARES Act – Higher Education Emergency Relief Fund (HEERF) Section 18004 Reporting Disclosure

As provided for by the Department of Education (DOE) as a provision of the CARES Act, Grace Schools (Grace) has received funds and distributed those funds directly to students to assist them with emergency financial relief related to the disruption of campus operations due to the coronavirus.  These grants are intended to be used by students for food, housing, course materials, technology, health care, and childcare.

Grace received a total of $1,551,701 from the DOE under this program.  The DOE has required institutions to use no less than 50 percent of the total funds received from Section 18004 provisions to go directly to students to provide emergency relief as described above.  Grace chose to distribute 100% of these grants directly to students.

Grace signed the Certification and Agreement for the first 50% of these funds provided for under Section 18004(a)(1) on April 11, 2020 and these funds were allocated to Grace from the DOE on April 23, 2020.

On May 5, 2020, Grace sent checks or direct deposits directly to 918 eligible students with notification to each student that a grant was being distributed.  Eligible students are those who had filed a Free Application for Federal Student Aid (FAFSA) for the 2019-2020 academic year.

The amount of individual grants was based on a pro-rata schedule of the date when a student moved off campus with additional funding provided to students who are Pell and/or State Grant recipients.  The individual additional amount provided to Pell eligible students and State Grant recipients was $150 and $100, respectively. If a student is both Pell eligible and a State Grant recipient, he or she received the greater of the two amounts, or $150.  The average total grant to each student was just over $1,800.

Grace Schools – Department of Education – CARES Act – Higher Education Emergency Relief Fund (HEERF) Section 18004 Reporting Disclosure

As provided for by the Department of Education (DOE) as a provision of the CARES Act, Grace Schools (Grace) has received funds and distributed those funds directly to students to assist them with emergency financial relief related to the disruption of campus operations due to the coronavirus.  These grants are intended to be used by students for food, housing, course materials, technology, health care, and childcare.

Grace received a total of $1,551,701 from the DOE under this program.  The DOE has required institutions to use no less than 50 percent of the total funds received from Section 18004 provisions to go directly to students to provide emergency relief as described above.  Grace chose to distribute 100% of these grants directly to students.

Grace signed the Certification and Agreement for the first 50% of these funds provided for under Section 18004(a)(1) on April 11, 2020 and these funds were allocated to Grace from the DOE on April 23, 2020.

On May 5, 2020, Grace sent checks or direct deposits directly to 918 eligible students with notification to each student that a grant was being distributed.  Eligible students are those who had filed a Free Application for Federal Student Aid (FAFSA) for the 2019-2020 academic year.

The amount of individual grants was based on a pro-rata schedule of the date when a student moved off campus with additional funding provided to students who are Pell and/or State Grant recipients.  The individual additional amount provided to Pell eligible students and State Grant recipients was $150 and $100, respectively. If a student is both Pell eligible and a State Grant recipient, he or she received the greater of the two amounts, or $150.  The average total grant to each student was just over $1,800.

Grace Schools – Department of Education – CARES Act – Higher Education Emergency Relief Fund (HEERF) Section 18004 Reporting Disclosure

As provided for by the Department of Education (DOE) as a provision of the CARES Act, Grace Schools (Grace) has received funds and distributed those funds directly to students to assist them with emergency financial relief related to the disruption of campus operations due to the coronavirus.  These grants are intended to be used by students for food, housing, course materials, technology, health care, and childcare.

Grace received a total of $1,551,701 from the DOE under this program.  The DOE has required institutions to use no less than 50 percent of the total funds received from Section 18004 provisions to go directly to students to provide emergency relief as described above.  Grace chose to distribute 100% of these grants directly to students.

Grace signed the Certification and Agreement for the first 50% of these funds provided for under Section 18004(a)(1) on April 11, 2020 and these funds were allocated to Grace from the DOE on April 23, 2020.

On May 5, 2020, Grace sent checks or direct deposits directly to 918 eligible students with notification to each student that a grant was being distributed.  Eligible students are those who had filed a Free Application for Federal Student Aid (FAFSA) for the 2019-2020 academic year.

The amount of individual grants was based on a pro-rata schedule of the date when a student moved off campus with additional funding provided to students who are Pell and/or State Grant recipients.  The individual additional amount provided to Pell eligible students and State Grant recipients was $150 and $100, respectively. If a student is both Pell eligible and a State Grant recipient, he or she received the greater of the two amounts, or $150.  The average total grant to each student was just over $1,800.

Grace Schools – Department of Education – CARES Act – Higher Education Emergency Relief Fund (HEERF) Section 18004 Reporting Disclosure

As provided for by the Department of Education (DOE) as a provision of the CARES Act, Grace Schools (Grace) has received funds and distributed those funds directly to students to assist them with emergency financial relief related to the disruption of campus operations due to the coronavirus.  These grants are intended to be used by students for food, housing, course materials, technology, health care, and childcare.

Grace received a total of $1,551,701 from the DOE under this program.  The DOE has required institutions to use no less than 50 percent of the total funds received from Section 18004 provisions to go directly to students to provide emergency relief as described above.  Grace chose to distribute 100% of these grants directly to students.

Grace signed the Certification and Agreement for the first 50% of these funds provided for under Section 18004(a)(1) on April 11, 2020 and these funds were allocated to Grace from the DOE on April 23, 2020.

On May 5, 2020, Grace sent checks or direct deposits directly to 918 eligible students with notification to each student that a grant was being distributed.  Eligible students are those who had filed a Free Application for Federal Student Aid (FAFSA) for the 2019-2020 academic year.

The amount of individual grants was based on a pro-rata schedule of the date when a student moved off campus with additional funding provided to students who are Pell and/or State Grant recipients.  The individual additional amount provided to Pell eligible students and State Grant recipients was $150 and $100, respectively. If a student is both Pell eligible and a State Grant recipient, he or she received the greater of the two amounts, or $150.  The average total grant to each student was just over $1,800.

How will Grace disperse the CARES Act money it received?

Grace received funds from the federal government as a part of the CARES Act. The first half of the funding we received totaled $775,851 and was to be distributed directly to students to help with expenses related to the disruption of campus operations due to the Coronavirus, such as food, housing, course materials, technology, health care, and child-care. The second half of the funding Grace received is considered the “institutional portion” of the CARES Act funding and may be used by the institution for COVID-19 related expenses it has incurred. The institutional portion Grace is receiving totals $775,850. While only required to distribute the first half of the CARES Act funding to students, Grace has decided to pass along the entire amount of the CARES Act funding to its students—both the student portion and the institutional portion— to help address the disruption to our students. More information regarding how Grace is distributing CARES Act funding to individual students is provided in FAQ 3 and 4. This is the most equitable way we know to ensure that we provide additional help for our students, who have the most financial need.

How will Grace help students to cover transitional costs related to COVID-19?

In order to best support students who have been displaced from campus, Grace has sent cash payments (via direct deposit or check) to residential students, as well as commuter students who are Pell or state grant eligible to help with expenses incurred as a result of this displacement. The goal of these funds is to help pay for food, housing, course materials, technology, health care, and other expenses incurred as a result of this transition away from campus. By sending cash directly to students, rather than just crediting their student accounts, students are able to use these funds immediately for any needed living expenses.

How did Grace determine how much money to send to residential students?

The amounts of individual grants were based on a pro-rata schedule of the date when a student moved out of the dorms, with the average grant per student totaling $1,800. As described below, additional funding was provided to students who are Pell and/or State Grant recipients.

How did Grace determine how much money to send to students who are Pell grant eligible or receive state aid?

In addition to any grant provided to students who were displaced from campus, Grace provided a CARES Act grant via a direct deposit or check to any undergraduate student (Residential or Commuter) who has received a Pell or state grant this semester. The individual amounts provided to Pell eligible students and State Grant recipients was $150 and $100, respectively. If a student is both Pell eligible and a State Grant recipient, he or she received the greater of the two amounts, or $150. This was the most equitable way we knew to ensure that we provided additional help for our students who have the most financial need. This approach was in keeping with the recently published guidance from the U.S. Department of Education emphasizing the advisability of taking into account individual student needs in disbursing these funds.

What will happen to my unused flex dollars?

Grace issued credits to student accounts for their unused flex dollars.
Account credits can remain and be applied to future charges. If there is a credit balance on your account, you can request a distribution.
For graduating seniors, any credit balance on their accounts will be returned to the student.

As a student, if I don’t believe I will be able to return to Grace in fall 2020 because of financial need, what should I do?

Thanks to the generous support of donors, Grace has established a “Bring Them Back” fund to help new and returning students with financial aid for attending Grace. It is our desire to meet the most critical needs of our students during this time and to ensure they can continue and finish their education at Grace College. In order for Grace to best distribute these funds, returning students should complete this simple Financial Hardship Application and new students should contact their admissions counselor.