CARES ACT/HEERF Student Emergency Grants
Jose Maria Vargas University CARES ACT/HEERF Announcement #1 – 06/20/2020

 

Announcement #1 – 06/20/2020

Jose Maria Vargas University was awarded funding for students through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The Act provides federal aid to institutions of higher education to provide emergency financial assistance. These critical funds will help eligible students cover expenses related to the disruption of campus operations due to COVID-19.

 

Students must apply for consideration and funds will be awarded on an ongoing basis until exhausted. Eligible expenses include food, housing, utilities, course materials, technology, health care, and child care.

 

US Department of Education – Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"), Higher Education Emergency Relief Fund ("HEERF")
Federal CARES Act Reporting/Financial Aid Grants to Students.

The following information is provided by Jose Maria Vargas University as required by the Department of Education in order to comply with the reporting requirements under the CARES Act.

 

This is the University’s first 30-day progress report and presents information as of 06/20/2020. Additional reports will be provided every 45 days.
Jose Maria Vargas University Use of Funds Distributed from HEERF-Student Funds is as Follows:

 

1.Certification and Agreement Acknowledgement
Jose Maria Vargas University acknowledges signing and returning to the U.S. Department of Education the Certification and Agreement for Emergency Financial Aid Grants to Students in order to access funds under the Higher Education Emergency Relief Fund on April 15, 2020. The institution will 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. Total AMOUNT of Funds RECEIVED
Pursuant to the Certification and Agreement, the University has received an award notification that totals $6,907.00 from the Department in Emergency Financial Aid Grants to Students.

 

3. Total AMOUNT of Funds DISTRIBUTED TO DATE
The total amount of Emergency Financial Aid Grants funds distributed to students under Section 18004(a)(1) of the CARES Act as of June 20th, 2020 is zero ($0).
The University is developing a policy regarding the Emergency Financial Aid Grants to Students as well as an application process for students to request these grants. The University expects to be in a position to distribute funds beginning in mid-July 2020.

 

4. ESTIMATED NUMBER OF ELIGIBLE STUDENTS
The estimated total number of Jose Maria Vargas University students 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 is 25.

 

5. Total Number of Students Who Received an Emergency Financial Aid Grant
The total number of students who have received an emergency financial aid grant under Section 18004(a)(1) of the CARES Act as of 06/20/2020, is: 0
The University is developing a policy regarding the Emergency Financial Aid Grants to Students as well as an application process for students to request these grants. The University expects to be in a position to distribute funds beginning in mid-July 2020.

 

6. METHOD OF DETERMINING WHICH STUDENTS WOULD RECEIVE AN Emergency Financial Aid Grant
The University has decided to prioritize students with the greatest need. The individual award amount will vary depending on the actual number of applications received and the funds requested by students based on their needs.
Following is a summary of Jose Maria Vargas University proposed procedure to determine how the grant funds are distributed:

  • Eligible Students will be able to apply for a HEERF Emergency Student Grant by completing an application describing the expenses incurred as a result of the disruption of campus operations.

  • Jose Maria Vargas University will review each application.

  • Jose Maria Vargas University will most likely give an equal grant to all eligible students. Students will be able to use this grant on eligible expenses include food, housing, utilities, course materials, technology, health care, and child care.

  • Applications will be reviewed and be awarded and equal amount.

  • The University will track each award until the University’s award amount has been attained.

  • The University will disburse the HEERF Emergency Student Grants to students via check. Students will receive an e-mail notification once the disbursement has been send to the student.

  • The payment will be in one payment.

 

7. Instructions, Directions, or Guidance Provided to Students
All guidance to students will be placed on a CARES Act website. 
https://www.jmvu.edu/cares-act-report
or: Any questions, please email: 
financialaid@jmvu.edu

© 2018 Jose Maria Vargas University

10131 Pines Blvd. Pembroke Pines, FL. 33026

+1 (954)-322-4460

info@jmvu.edu

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