SAC Facts & Circumstances

Reporting Requirement for (a)(1) Student Aid Portion

Saint Anselm College signed and submitted a Certification and Agreement to the Department of Education on May 13, 2020 which assures that the 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.

Saint Anselm College received approval for an allocation of $567,338 on May 19th, 2020 for Emergency Financial Aid Grants to Students

The College determined that 1,215 students were 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 College initially determined that eligible 2019-2020 Pell recipients would be allocated up to $800 and all other eligible students would be allocated up to $400.

Applications were emailed to all eligible students. The applications gathered information on the type of eligible expense the student incurred as a result of the College's campus closing due to Coronavirus (Food, Housing, Course Materials, Technology, Transportation and/or COVID-19 related medical expenses). The application also requested the total dollar amount of eligible expenses incurred.

As of June 8th, 2020, the College had awarded $435,108 in Emergency Financial Aid Grants to 990 students.

After all applications were received, the College determined that many students had need that was unmet based on the initial allocation amounts of $800 and $400. As such, eligibility amounts were increased to $1,400 for Pell recipients and $1,000 for all other students.  Additional awards were made to students based on eligible expenses reported on their applications.

As of June 12th, 2020, the College had awarded all $567,338 in Emergency Financial Aid Grants to 1,009 students.

Reporting Requirement for (a)(1) Institutional Portion

Saint Anselm College also received approval for an allocation of $567,338 for Emergency Financial Aid Grants to Institutions.  The College had spent the entire amount as of June 30, 2020. The following form outlines the use of funds as allowed by the CARES act.  See the form

For more information on the HEER, please visit the Department’s CARES Act: Higher Education Emergency Relief Fund page.

Reporting Requirement for (a)(1) Student Aid Portion

Saint Anselm College signed and returned to the Department the Certification and Agreement. The College assures that it has used the applicable amount of funds designated under the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) and American Rescue Plan Act (ARP) programs to provide Emergency Financial Aid Grants to Students.

The total amount of funds that Saint Anselm received from the Department of Education pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students is $567,338.

As of June 30, 2021, Saint Anselm had disbursed the entire $567,338 of Emergency Financial Aid Grants received under CRRSSA and had not yet begin to disburse funds received under ARP.

The estimated total number of students at Saint Anselm College eligible to receive Emergency Financial Aid Grants to students under the CRRSA Act in Spring 2021 is estimated to be 1,600.

The College used three bands of Estimated Family Contribution to distribute the first $507,500. The remaining $59,838 was allocated to students based on an application processes in which funds were allocated to students with exceptional need resulting from COVID-19, as determined using professional judgement. The total distribution breakdown was as follows:

*Students who received amounts based on their EFC were also able to apply for discretionary funds. Some students may be included in the student count twice.

All students who received an award were sent a survey and given the choice of receiving the funds as a credit on their Student Account or via physical check. Those who did not respond to the survey were mailed a check.

Reporting Requirement for (a)(1) Institutional Portion

As part of CRRSA, Saint Anselm College also received approval for an allocation of $1,128,457 for Emergency Financial Aid Grants to Institutions.  The College had spent the entire amount as of June 30, 2021. The following form outlines the use of funds as allowed by the CARES act. See the Form

Reporting Requirement for (a)(1) Student Aid Portion

Saint Anselm College signed and returned to the Department the Certification and Agreement. The College assures that it has used the applicable amount of funds designated under the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) and American Rescue Plan Act (ARP) programs to provide Emergency Financial Aid Grants to Students.

In addition to the amounts reported above, under the American Rescue Plan Act (Act) total amount of additional funds that Saint Anselm received from the Department of Education for Emergency Financial Aid Grants to Students is $1,542,063.

As of September 1, 2021, the estimated total number of students (both graduate and Undergraduate) at Saint Anselm College eligible to receive Emergency Financial Aid Grants to students under the ARP is estimated to be 1,980.

In September, 2021 the College used three bands of Estimated Family Contribution (EFC) to distribute the first $787,250. The remaining $754,813 will be awarded using professional judgement and possibly another EFC based distribution at a future date.
 

The breakdown of total ARP awards as of September 30, 2021 was as follows:

All students who received an award were sent a survey and given the choice of receiving the funds as a credit on their Student Account or via physical check. Those who did not respond to the survey were mailed a check.

2021 Q1 (January 1,2021 – March 31, 2021) – See the form

2021 Q2 (April 1,2021 – June 30, 2021) – See the form

2021 Q3 (July 1, 2021 – September 30, 2021) – See the form