4th STUDENT CARES ACT DISTRIBUTION REPORT
UNIVERSAL CAREER SCHOOL
CARES ACT REPORTING ON EMERGENCY FINANCIAL AID GRANTS TO STUDENTS
On March 27, 2020, the Federal government enacted the Coronavirus Aid, Relief and Economic Security Act (CARES Act), Pub L. No. 116-136, providing funds to institutions from the Higher Education Emergency Relief Fund (HEERF) to make Emergency Financial Aid Grants to Students for expenses related to the disruption of campus operations due to coronavirus, including eligible expenses under s student’s cost of attendance, such as food, course materials, technology, health care, and child care. The law requires institutions to report certain information related to the use of these funds. The following information is reported for the period, August 15, 2020 to September 15, 2020.
This statement shall serve to acknowledge that our institution signed and returned to the US Department of Education the Certification and Agreement – Emergency Financial Aid Grants to Students. We further attest that our institution has used, and/or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to Students.
- The total amount of funds that the institution has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Student is $307,362.00.
- The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of September 15, 2020, is $180,400.00.
- The estimated total number of students at our 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 to students under Section 18004(a)(1) of the CARES Act is 750.
- The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act to date is 455.
- The following is the method used by our institution to determine which students receive Emergency Financial Aid Grants and how much each student will receive under Section 18004(a)(1) of the CARES Act.
The Total Amount of UCS students who are ACTIVE under TITLE IV will receive a STUDENT CARES GRANT CHECK.
– For students that are enrolled in the smallest financial aid programs (Instructor Training 600 Clock hour, Patient Care Technician 640 Clock hour and Full Specialist 750 Clock hour programs) a Cares check of $300.00 will be disbursed.
– For students that are enrolled in the largest Financial Aid programs (Cosmetology 1200 Clock hour, Baber 1200 Clock hour and Nursing (AS) 72 credits 2 years long period programs) a Cares check of $400.00 will be disbursed.
- The follow instructions/directions/guidance will be provided by our institution to students concerning the Emergency Financial Aid Grants.
THE UNIVERSAL CAREER SCHOOL WEBSITE will be updated with the required information regarding the total amount of CARE FUNDS received by the Department of Education, the total amount of student care subsidy funds, and an updated report of funds of student care disbursed every 45 days.
– All UCS students who are eligible to receive Cares Grant Aid Funds will be contacted by phone to confirm their current and physical address. A notification email will be sent to all involved students and a Student Care Check will be sent to them. A copy of those Student Care Checks will be kept in the student financial aid file.
– The UCS Financial Aid Office will constantly track the Student Care Check, Disbursed Funds and funds still available. Each semester or for each pay period, UCS will disburse funds for new students. A second round of student CARES checks has also been considered and planned for new and current students.