CARES ACT Online Disclosure
On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security(CARES) Act, providing roughly $14 billion to institutions of higher education. Grace Mission University was allotted $ 61,227 through section 18004(a)(1) of the CARES Act. Grace Mission University signed and returned the Certification and Agreement form for HEERF funding and intends to utilize 50% of the total funds ($30, 614) to award as direct cash grants to our students who experienced additional expenses as a result of COVID-19.
The CARES Act pertains to students who were enrolled in an on-campus program prior to the shift to remote learning and who are eligible to receive federal financial aid. The 2019-20 FAFSA application serves as verification of eligibility. Students who have not filed a FAFSA, may still do so now to determine CARES Act funding eligibility.
At this moment, GMU has not yet made any distributions of CARES act funds. We will determine grant amounts and the eligible students when the fund is available. We will begin disbursing awards to students shortly thereafter.
Students who were enrolled in an online-only program or who are ineligible for federal financial aid do not qualify for a CARES Act grant.
Should you have any questions about the CARES Act grant process, please contact financial aid department.
The GMU community continues to pray for you and those you love during this time. We continue to work diligently on our plan for reopening campuses and will keep the community updated as our plans emerge.
NOTE: Grace Mission University is providing this information to demonstrate compliance with requirements of the CARES Act for institutions receiving allocations from the Higher Education Emergency Relief Fund.
Higher Education Emergency Relief Fund Report –
Emergency Financial Aid Grants to Students
Grace Mission University (OPEID:041578-00)received education stabilization funds under Section18004(a)(1) of the Corona virus Aid, Relief, and Economic Security Act (“CARES Act”), Public Law No: 116-136. This Fund Report applies to the student portion received under the Higher Education Emergency Relief Fund that is designated exclusively for emergency financial aid grants to students.
We take receipt of these federal funds seriously and are distributing them in accordance with the CARES Act 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. For questions or concerns regarding this Fund Report, please contact your Financial Aid representative at email@example.com
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, 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.
1. 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, 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.
2. 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 $30,614.00
3. The total amount of emergency financial aid grants distributed to students under Section18004(a)(1) of the CARES Act as of the date of this Fund Report is $30,614.00
4. The estimated total 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 18004(a)(1) of the CARES Act, as of the date of this Fund Report is 58
5. The total number of students who have received an emergency financial aid grant under Section18004(a)(1) of the CARES Act as of the date of this Fund Report is 46
6. The methods used by the institution to determine which students receive emergency financial aid grants and how much they would receive under Section 18004(a)(1) of the CARES Act are provided at Attachment A
7. Any instruction, directions, or guidance provided by the institution to students concerning the emergency financial aid grants are provided at Attachment B