CARES Act Information
The CARES Act (Also known as the Coronavirus Aid, Relief, and Economic Security Act) is federal legislation which provides a variety of financial support to individuals and businesses affected by the COVID-19 pandemic. The CARES Act established and funded the Higher Education Emergency Relief Fund to provide emergency funding to higher education institutions. A portion of each institution’s allocation must be awarded to students in the form of emergency financial aid grants for expenses related to the disruption of campus operations due to the COVID-19 crisis. Information pertaining to the Student Emergency Grants is located below.
STUDENT EMERGENCY GRANT
Ridge Technical College has signed and returned to the U.S. Department of Education the Certification and Agreement to receive $516,450 from the Department, provided under Section 18004(a)(1) of the CARES Act. 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 funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement for Ridge Technical College is $258,225 for 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 is $258,255.
The estimated total number of students who deemed eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to apply for and receive Emergency Financial Aid Grants to student under Section 18004(a)(1) of the CARES Act is 54.
The total number of students who have applied and received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act has been 38.
The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants was:
Be enrolled in at least part-time in a Career and Technical Education program as of the date of the CARES Act
Have a high school diploma or a General Education Development (GED) certificate, or have completed homeschooling
Be a U.S. citizen or national, permanent resident, or an eligible non-citizen
Have submitted a 2019-20 Free Application for Federal Student Aid (FAFSA)
Students had to complete an online application, which was posted on the school’s website
The Financial Aid Specialist followed up with phone calls and emails to students who did not apply. The amount awarded to students was based on demonstrated need.