Emergency Financial Aid Grants to students
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress and signed into law on March 27, 2020. The following information is provided to comply with the U.S. Department of Education’s CARES Act Reporting requirements under Section 18004(e) of the CARES Act.
Report Date: June 1, 2020
- Wheaton signed and returned to the Department the Certification and Agreement on April 23, 2020. As required by the Certification and Agreement, Wheaton will 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.
- Wheaton received $1,011,872 from the Department on May 1, 2020 pursuant to the institution’s Certification and Agreement designated for Emergency Financial Aid Grants to Students.
- Wheaton College has not yet distributed any Emergency Financial Aid Grants dollars to students under Section 18004 (a)(1) of the CARES Act as of the date of this report.
- Wheaton College estimated 1,935 students are 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 Grant to students under Section 18004(a)(1) of the CARES Act.
- No Wheaton College students have received Emergency Financial Aid Grants to students under Section 18004 (a)(1) of the CARES Act as of the date of this report.
- Wheaton is using the following methodology to determine which Title IV eligible students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act:
- An email will be sent to all Wheaton College degree-seeking students who remained enrolled for the spring 2020 semester in an on-campus or approved off-campus study abroad program and who are eligible to participate in Title IV programs under Section 484 of the Higher Education Act of 1965, as amended. Students will be directed to complete a certification regarding expenses incurred related to the disruption of campus operations due to coronavirus.
- After completing a certification, Wheaton students will receive the following standard grants:
- Title IV (Non-Pell) Eligible Students, defined as those students who have completed a FAFSA for the 2019-20 academic year, will receive a grant of $300.
- Title IV & Pell Grant-Eligible Students, defined as those students who have both (a) completed a FAFSA and (b) are recipients of the Federal Pell grant for the 2019-20 year, will receive a grant of $900.
- The remaining balance will be utilized for appeals for students: (a) who meet the requirements for Title IV eligibility but were initially excluded due to not having a current FAFSA form on file, or (b) who can demonstrate additional expenses in excess of the grant amount.