CCV has applied for and received federal aid (HEERF I) through the Higher Education Emergency Relief Fund (HEERF), created as part of the federal CARES Act, passed on March 27, 2020. CCV received an additional allocation (HEERF II) as part of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) signed into law on Dec. 27, 2020. CCV received a third allocation (HEERF III) as part of the American Rescue Plan Act (ARPA), signed March 11, 2021.
CCV has signed and returned the U.S. Department of Education’s Certification and Agreement and intends to use HEERF grants in the applicable amount of funds designated under CARES, CRRSAA and ARP (a)(1) and (a)(4) programs to provide Emergency Financial Aid Grants to Students.
Per federal reporting guidelines, CCV is pleased to provide the below information.
Initial reporting as of 5/13/2020
| Total amount of funds CCV has received | $740,325 |
| Total amount CCV has distributed to students | $82,159 |
| Estimated number of students eligible for federal financial aid | 2,260 |
| Total number of students who have received Emergency Financial Aid Grants | 70 |
Subsequent reporting as of 6/30/2020
| Total amount of funds CCV has received | $740,325 |
| Total amount CCV has distributed to students | $460,841 |
| Estimated number of students eligible for federal financial aid | 2,260 |
| Total number of students who have received Emergency Financial Aid Grants | 384 |
Subsequent reporting as of 8/24/2020
| Total amount of funds CCV has received | $740,325 |
| Total amount CCV has distributed to students | $581,245 |
| Estimated number of students eligible for federal financial aid | 2,260 |
| Total number of students who have received Emergency Financial Aid Grants | 500 |
Subsequent reporting as of 9/30/2020
| Total amount of funds CCV has received | $740,325 |
| Total amount CCV has distributed to students | $677,194 |
| Estimated number of students eligible for federal financial aid | 2019-2020: 2,260 2020-2021: 2,678 |
| Total number of students who have received Emergency Financial Aid Grants | 589 |
Subsequent reporting as of 12/31/2020
| Total amount of funds CCV has received (student portion of CARES) | $740,325 |
| Total amount CCV has distributed to students (CCV has expended $739,112 of the student portion and $10,900 in institution portion for emergency grants to students) | $750,012 |
| Total number of students who have received Emergency Financial Aid Grants | 669 |
Subsequent reporting as of 3/31/2021
| Total amount of funds CCV has received (student portion of CARES) | $740,325 |
| Total amount CCV has distributed to students (CCV has expended the entire student portion and $279,484 in institution portion for emergency grants to students) | $1,019,809 |
| Total number of students who have received Emergency Financial Aid Grants | 821 |
Subsequent reporting as of 6/30/2021
| Total amount of funds CCV has received (including $740,325 in HEERF II funding) | $1,480,650 |
| Total amount CCV has distributed to students (including $279,484 in HEERF institutional funds) | $1,760,134 |
| Estimated number of students eligible | 16,438 |
| Total number of students who have received Emergency Financial Aid Grants | 1,521 |
Subsequent reporting as of 9/30/2021
| Total amount of funds CCV has received | $5,603,522 |
| Total amount CCV has distributed to students | $3,211,221 |
| Estimated number of students eligible | 21,394 |
| Total number of students who have received Emergency Financial Aid Grants | 2,320 |
Subsequent reporting as of 12/31/2021
| Total amount of funds CCV has received | $5,603,522 |
| Total amount CCV has distributed to students | $3,555,705 |
| Estimated number of students eligible | 21,394 |
| Total number of students who have received Emergency Financial Aid Grants | 2,635 |
Subsequent reporting as of 3/31/2022
| Total amount of funds CCV has received | $5,603,522 |
| Total amount CCV has distributed to students | $5,058,098 |
| Estimated number of students eligible | 26,724 |
| Total number of students who have received Emergency Financial Aid Grants | 3,151 |
HEERF Institutional Portion
Under Section 18004(a)(1) Institutional Portion and Section 18004(a)(2) Strengthening Institutions Program of the CARES Act, Community College of Vermont has applied for and received federal emergency aid (HEERF I). CCV received additional aid through the Coronavirus Response and Relief Supplemental Appropriations Act (HEERF II) and through the American Rescue Plan Act (HEERF III). These quarterly reports indicate how CCV has applied these funds.
Report – Quarter ended 9/30/2020
Report – Quarter ended 12/31/2020
Report – Quarter ended 3/31/2021
Report – Quarter ended 6/30/2021
Report – Quarter ended 9/30/2021
Report – Quarter ended 9/30/2021 (Revised 01/10/22)
Report – Quarter ended 12/31/2021
Report – Quarter ended 3/31/2022
HEERF Consolidated Quarterly Report
01116700_HEERF_Q22022_071022
01116700_HEERF_22022_100522
01116700_HEERF_42022_011023 (Updated 4/4/2023)
011167_HEERF_12023_041023
Methods
Methods used by the institution to determine eligibility for HEERF student grants:
- Method 1: Students self-certify via an electronic application their need for financial aid grants. For HEERF II, students were eligible for the Spring 2021 and Summer 2021 terms, and could receive up to the maximum as determined by enrollment level and need.
- Method 2: On June 14, 2021, federal Pell Grant recipients were identified. Students with a 0-1,000 EFC, if they hadn’t been awarded HEERF funds for that term yet, were awarded a block grant of $550. Those with an EFC of 1001-3000 were awarded $500, and those that were remaining Pell Grant recipients received a block grant of $450. Additionally, students that did not hit these minimums previously by their HEERF II awards were brought up to these amounts.
Instructions, directions, or guidance provided by the institution concerning Emergency Financial Aid Grants:
- CCV has created a web page for students to review eligibility information for the Cares Grant.
- CCV also provides the below approval email messages when students are approved for the Cares Grant.
Method 1 Approval Message:
Dear STUDENT:
Thank you for your request for assistance. We have approved your request for $XXXX. The funds will be disbursed within two weeks.
If you chose to receive a refund, it will be sent via check to the address we have on file for you unless you have set up to have the funds sent directly to your bank account. Setting up this direct deposit option is simple and easy. You can find instructions at ccv.edu/pay.
We hope this assistance provides you with needed resources to support your education.
Sincerely,
CCV Financial Aid
Method 2 Approval Message:
Dear STUDENT:
CCV has awarded you a $XXX.00 Cares Grant. This grant is awarded as part of dollars provided to CCV by the Higher Education Emergency Relief Fund (HEERF), created originally as part of the CARES Act in March 2020. This grant can be used to cover any part of your college costs or emergency expenses due to the COVID-19 pandemic. For more information on these grants, you can visit our web page on the Cares Grant.
This grant will be sent to you via refund within the next two weeks. It will be sent via check to the address we have on file for you unless you have set up to have the funds sent directly to your bank account. Setting up this direct deposit option is simple and easy. You can find instructions at ccv.edu/pay.
We hope this assistance provides you with needed resources to support your education.
Sincerely,
CCV Financial Aid