MCA received $81,172 as part of the federal Coronavirus Aid, Relief and Economic Security (CARES) Act to directly support students who had demonstrated need and were facing significant financial challenges because of the ongoing COVID-19 pandemic.
The disbursement, from the U.S. Department of Education as part of the CARES Act Higher Education Emergency Relief Fund, is designed to prioritize students with the greatest demonstrated need and ensure that funds are distributed as widely as possible.
MCA 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.
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 June 1, 2020 is $81,172. The total number of students who have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act is 32.
MCA distributed the CARES Act funds to federal aid applicants with the greatest identified need. Each recipient must have a Free Application for Federal Student Aid (FAFSA) on file with the Financial Aid Office and must have received financial aid for the spring 2020 semester. The method used by the institution to determine which students receive Emergency Financial Aid Grants was 1) FAFSA had been completed by the student, 2) the student was eligible for financial aid and 3) received federal financial aid in the Spring 2020 semester.
Each student received $2,536.65 in emergency grant funding. Students received advanced notice via e-mail of the emergency grant funding. The students received a letter providing further background on 5hr funding and that it was for emergency funding due to COVID-19 and was to be used toward expenses related to the cost of instruction. The students were asked to contact the business office should they have any questions.