Emergency Financial Aid Grant Program
Recognizing that the COVID-19 pandemic has created unexpected hardship for many within our campus community, Moore College of Art & Design is participating in the Emergency Financial Aid Grant program as provided by Section 18004(a)(1) of the CARES Act. Below, as stipulated by this Act, are disclosures which help to provide an overview of our funding and awarding methods.
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.
Moore College of Art & Design has signed and returned the Certification and Agreement forms to the U.S. Department of Education. As stipulated by the CARES Act, no less than 50 percent of the funds for Emergency Financial Aid Grants will go to qualified and eligible 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.
The amount of funding received for emergency grant assistance is $220,837.00.
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).
The total amount of grant funding available of $220,837.00 will be distributed to Moore students.
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 total number of eligible students who will receive Emergency Financial Aid Grants at Moore is 352 students.
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.
The total number of students who will receive Emergency Financial Aid Grants is 352 students.
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.
Undergraduate students currently enrolled for the Spring 2020 semester were rank-ordered by expected family contribution (EFC), as determined by FAFSA filing, and different funding levels were established with students in the lowest EFC range receiving the higher amounts of grant assistance. Students who were enrolled but who had not filed a FAFSA were given a lesser amount of emergency grant. All students awarded were U.S. Citizens and met the eligibility requirements set forth by the CARES Act.
7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
We at Moore College desire to assist our students through this Emergency Financial Aid Grant. The circumstances are, of course, unprecedented, but the spirit and determination of our students will overcome this current health crisis. It is hoped that this grant will assist in meeting some of the financial burdens which may have resulted from these events.
Funds will be distributed through a Student Account refund process. If further guidance is needed, questions may be directed toward the Financial Aid Office.