CARES Emergency Fund Disclosure
SCC Higher Education Emergency Relief Fund Disclosures – updated 04/10/2022 to reflect funding through 03/31/2022
Stanly Community College received federal grants under the CARES/HEERF/ARP Acts to provide students impacted by COVID-19 with monetary assistance. SCC certified its eligibility and agreed to the federal government’s terms for releasing grant funds on April 16, 2020. SCC plans to distribute a total of $2,488,973 to students for COVID emergency fund needs.
As of August 17, 2020, SCC has distributed all emergency relief funding under the original CARES Act. This includes CARES Act funding of $365,683 to a total of 482 students with an average award of $759 and $16,000 from the SCC Foundation to a total of 54 students with an average award of $300.
SCC estimates that 882 students were potentially eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act. SCC determined which students are eligible based on Department of Education guidelines specifying that students must have been enrolled as of March 13, 2020, in at least one class that had a seated component as well as meeting other federal requirements for financial aid. Students who were enrolled in online-only classes were not eligible for Emergency Financial Aid Grants, according to the federal government. SCC prepared a basic application available on the website by which students could request the amount of grant they need and provide an updated address. SCC also sent the application as an electronic link by email to these students, called each student at the phone number on file at SCC to explain their eligibility, and included the link to the application on the SCC webpage for COVID-19 resources.
Eligible students who request grants of $400 or more received an initial allotment of $400 by paper check mailed to the address included in the grant application. Eligible students who request less than $400 will receive the amount they request in full. Students whose requests are not fulfilled in the initial allotment were placed on a waiting list for a second allotment as applications and funding allow. SCC awarded an additional $1600 to these applicants and then issued the remainder of the funds evenly to the remainder of the fully eligible group.
Students were advised by email and the SCC website of the following information:
Stanly Community College has received federal grants under the CARES Act to provide students impacted by COVID-19 with monetary assistance. The CARES Act has placed specific restrictions on who is eligible to receive CARES Act funding. The fund is limited, and guidelines will apply to prioritize student needs.
As of September 30, 2021 SCC has disbursed $1,433,355 to 1199 students for an average award of $1,195. Total estimated enrolled students potentially eligible is 2,426.
As of December 31, 2021 SCC has distributed $1,713,366 (280,000 in the 4th qtr) to 1690 students for an average award of $1,013. Total estimated enrolled students potentially eligible is 2,501.
As of March 31, 2022 SCC has distributed $2,483,681 to 2,107 students total. In the first quarter 2022, SCC distributed $770,315 of this total to 417 students for an average award of $1,847. Total estimated enrolled students potentially eligible is 2,183.
Students had to complete the application and have filed a FAFSA (Free Application for Federal Student Aid) for the first round of grants but did not have to file a FAFSA for the HEERF or ARP application. Also fully online students became eligible. The following expenses may be eligible:
Your privacy is important to us. Application materials are highly confidential. Very few college employees review applications in order to maintain student privacy.
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10/10/2023 Quarterly institutional funds disclosure