CARES Act Financial Aid

Emergency Financial Aid Grants to Students under the CARES Act through the Department of Education [Section 18004(a)(1)]

  1. Conception Seminary College signed and returned to the Department of Education the Funding Certification and Agreement for the Emergency Financial Aid Grants to Students under the CARES Act.  Conception Seminary College 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 received from the Department of Education pursuant to the Seminary College’s Certification and Agreement for Financial Aid Grants to Students totals $52,627.00.
  3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of August 17, 2020 is $0.00.  Our Fall 2020 semester begins August 21, 2020.  In early September 2020, checks will be distributed to Conception Seminary College students who are eligible to participate in the Federal student financial aid programs.  The distributed checks will total $26,314.00 – 50% of the funds received.
  4. The estimated total number of students at Conception Seminary College who are or could be eligible to participate in the Federal student financial aid programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act will be determined after Fall 2020 registration is complete.
  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 is less than 10 students as of August 17, 2020.
  6. Once the Financial Aid Director of our Seminary College identifies those students who qualify to receive Emergency Financial Aid Grants per #4 above, then the students who are in greatest need will be determined.
  7. The Financial Aid Grants are being made available to qualifying students through the CARES Act who have been adversely affected by the coronavirus pandemic by means of a check given to them directly.

Last updated August 25, 2020

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