Financial Aid Resources » COVID-19

COVID-19

Northeast Tech was awarded grant funds as part of the federal American Rescue Plan Act (ARPA) to directly support students who have demonstrated financial need or may be facing financial challenges because of the continuing COVID-19 pandemic. 

 

The award, from the U.S. Department of Education as part of the ARPA Higher Education Emergency Relief Fund III, is designed to prioritize students with the greatest demonstrated financial need.

Cameron University will distribute the ARPA funds to enrolled students with priority given to those with exceptional financial need. Each recipient must be enrolled in the given term when the funds are released.

 

Each eligible student enrolled in Fall 2021 with a verified expected family contribution (EFC) of $5,711 or less will receive a $1500 distribution. Eligible students who were enrolled in FY20-21 with a verified EFC and completed a full-time program will receive $1500. Other enrolled students in full-time programs starting Fall 2021 will receive $200. The ARPA grant funds will be disbursed via check. Grant amounts for Spring 2022 will be determined at a later date.

ARPA FREQUENTLY ASKED QUESTIONS

What is ARPA?

The American Rescue Plan Act, 2021 (ARPA) is federal legislation that provides a variety of financial support to individuals and organizations affected by the COVID-19 pandemic.

ARPA includes a Higher Education Emergency Relief Fund III (HEERF III) that provides more than $39 billion in emergency funding to higher education to prevent, prepare for, and respond to the coronavirus. ARPA requires that an institution receiving funding provide financial aid grants to students.

Northeast Tech received $937,066 to provide directly to students for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus. These funds will be distributed over the Fall 2021 and Spring 2022 semesters to eligible enrolled students.

 

Who will receive emergency financial aid grant funds?

All students enrolled in full-time programs.

 

How will I receive this money?

Emergency grants funded through ARPA will be processed via check.

 

When will I receive my grant funds?

Emergency grants will be released throughout Fall 2021 and Spring 2022. Please contact financialaid@netech.edu with any questions.

 

How can I use the money?

Emergency financial aid grants may be used by students for any component of their cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care) or child care. Students determine how they may use their emergency financial aid grant within the allowable uses.

 

Does a balance on my student account affect eligibility for an emergency grant?

Grant eligibility is not affected by your account balance neither will the grant be automatically applied to your account. However, you may use your grant to pay on your account balance.

 

Do I need to repay the money?

No, you will not need to repay any money received through this fund.

 

Does this funding affect my other financial aid?

No. This is an emergency grant to assist with costs of attendance and to manage unexpected expenses related to the coronavirus. It will not have any impact on other financial aid you may be eligible to receive.

 

Are the emergency grants taxable?

Emergency funds disbursed through ARPA are not considered taxable income.

Northeast Tech was awarded $228,188 as part of the federal Coronavirus Relief and Response Supplemental Appropriations Act (CRRSAA) to directly support students who have demonstrated financial need and may be facing financial challenges because of the continuing COVID-19 pandemic.

The award, from the U.S. Department of Education as part of the CRRSAA Higher Education Emergency Relief Fund II, is designed to prioritize students with the greatest demonstrated financial need.

Northeast Tech will distribute the CRRSAA funds to federal aid applicants with the greatest identified need as described more fully below. Each recipient must have a Free Application for Federal Student Aid (FAFSA) on file and be enrolled and attending classes as of February 1, 2021.

Each eligible student with a verified expected family contribution (EFC) of $5,711 or less received a $1,150 distribution, no application necessary. All other regular adult students (118) received $1,022 with four (4) regular students being awarded $1,023 in order to expend all funds. The CRRSAA grant funds were disbursed via check. 

CRRSAA FREQUENTLY ASKED QUESTIONS

What is CRRSAA?
The Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) is federal legislation that provides a variety of financial support to individuals and organizations affected by the COVID-19 pandemic.
CRRSAA includes a Higher Education Emergency Relief Fund II (HEERF II) that provides more than $23 billion in emergency funding to higher education to prevent, prepare for, and respond to the coronavirus.  CRRSAA requires that an institution receiving funding provide the same amount in financial aid grants to students from the new CRRSAA funds that it was required to provide under its original CARES Act Student Aid Portion award.
Northeast Tech received $228,188 to provide directly to students for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, and health care (including mental health care).

How will I receive this money?

Emergency grants funded through CRRSAA were processed via check. 

 

Do I need to repay the money?

No, you will not need to repay any money received through this fund.

 

Does this funding affect my other financial aid?

No. This is an emergency grant to assist with costs of attendance and to manage unexpected expenses related to the coronavirus.  It will not have any impact on other financial aid you may be eligible to receive.

 

Are the Emergency Grants taxable?

Emergency funds disbursed through CRRSAA are not considered taxable income.

Northeast Tech was awarded a HEERF III grant with the student portion being $937,066.00

ARP required that institutions prioritize students with exceptional need, such as students who receive Pell Grants, and authorized grants to students exclusively enrolled in distance education. For the HEERF III funds, there were no eligibility requirements in the law. Northeast Tech chose to award these additional HEERF III funds to those students enrolled as of May 1, 2021.
 
As of September 30, 2021, Northeast Tech has disbursed $367,500 to enrolled students. 
 
$63,000 to our PELL Completers from AY 20-21
$133,500 to our New PELL students for AY 21-22
$171,000 to students in Full Time Programs as of August 12, 2021