1. An acknowledgement that the institution signed and returned to the Department the Certification and Agreement and the assurance that 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.
Mount Angel Seminary signed and submitted the application for funds under Section 18004(a)(1) on July 20, 2020. The agreement indicates that we intend to use no less than 50% of those funds for 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.
Mount Angel Seminary received $35,846 from the Department for Emergency Financial Aid Grants to Students.
3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).
As of 8/19/2020: $0 distributed.
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 to students under Section 18004(a)(1) of the CARES Act.
The estimated number of eligible students is 16.
5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.
As of 8/19/2020: 0 students have received a grant.
6. The method(s) 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.
Students who have submitted a current FASFA indicating they are eligible for federal aid and are enrolled in courses are eligible to receive a grant. All eligible students will receive a grant of $100. Students can apply for additional funds up to a maximum $6,345 (the Pell Grant maximum as suggested by the Secretary of Education).
7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
Students will be informed the first week of class of the availability of Emergency Financial Aid Grants and the requirement to have a FAFSA on file showing eligibility for federal aid. They will also be given instructions on how to apply for additional aid because of coronavirus-related expenditures.