2020 CARES Act
Spring Hill college signed and returned to the Department of Education the Certification and Agreement with the assurance that Spring Hill College would use no less that 50 percent of the funds we received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to our students.
The CARES Act grants are for emergency aid to students who faced financial challenges because of the disruption students endured.
The grants are based on the following student criteria: 1) Title IV financial aid eligibility for the spring 2020 semester 2) the EFC (expected family contribution) from the 2019-2020 FAFSA and 3) spring semester housing status.
Spring Hill College will award the Emergency Financial Aid Grants to students in two Phases.
Awards totaling $572,000 were awarded to eligible students based on their EFC (Expected Family Contribution) from their FASFA filed for the school year 2019/2020 plus either $100/$200 based on non-resident/resident status for Spring 2020. These awards were sent by check on May 18, 2020.
The EFC award was from $0 to $900 per student. The minimum award per student was $100 up to a maximum award of $1,100.
As of August 7, 2020, an additional $106,146 of the remaining $114,341 was awarded to the Phase I eligible students based on an application that was filed and submitted to Spring Hill College by each student. This award was based on the needs expressed in the application as the situation related to the Covid-19 pandemic. The phase II grant amounts ranged from $100 to $1,353.
The total number of Spring Hill College students eligible for Federal student financial aid under Section 484 of the Higher Education Act of 1965(amended) was 900. The total number of students who received a CARES Act Grant under Section 18004(a)(1) of the CARES Act was 900.
The total amount of CARES grant received by Spring Hill College under Section 18004(a)(1) was $686,341. As of February 26, 2021, all of the $686,341 2020 Student CARES Act funds were awarded.
2020 Student CARES Act Awards Summary
|Individual Student Award||Num of Awards||Total Amount|
|Less than $500||352||$94,809|
|$500 to $999||137||$96,918|
|$1,000 to $1,499||370||$425,096|
|$1500 to $1,999||37||$59,991|
|$2,000 up to $3,000||4||$9,527|