As a mathematics and economics double major with a concentration in statistics, Matt found actuarial work of calculating the financial consequences of risk for companies right in line with his interests.
Emmanuel College received federal funds under the Higher Education Emergency Relief Fund (HEERF) to provide aid to students. The purpose of these funds is to assist students in need during the Coronavirus pandemic. For more information on the HEERF grants, please see below.
In March 2020 Congress approved the CARES Act, which established the Higher Education Emergency Relief Fund (HEERF) to assist eligible students with expenses related to the disruption of the academic semester due to coronavirus. Expenses include but are not limited to food, housing (including moving and storage), course materials, technology and health care and child care. The CARES Act Emergency Grant does not need to be repaid. Emergency grants for expenses related to the disruption of the academic semester due to Coronavirus are qualified disaster relief payments under section 139 of the Internal Revenue Code. This grant is not included in your gross income.
Students must meet general Title IV (federal financial aid) requirements to qualify:
If you have never submitted a FAFSA to Emmanuel College, you may be considered for the grant by completing a 2019-2020 Free Application for Federal Student (FAFSA) at www.fafsa.gov. If you cannot complete a FAFSA, please contact the Office of Student Financial Services at email@example.com or 617-735-9938.
The Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) and American Recovery Plan (ARP) provide additional Higher Education Emergency Relief Funding (HEERF) for colleges and universities.
Students may automatically qualify for a HEERF grant based on Expected Family Contribution (EFC) from the 2020-21 or 2021-22 FAFSA and were notified via email if they met established criteria. Student eligibility and award amounts for HEERF funding is determined utilizing guidelines issued by the US Department of Education. Based on these guidelines, grant funds are issued to students with exceptional financial need with priority given to domestic undergraduate students.
Students who do not meet the established criteria may apply for HEERF funding by completing an application. Applications will be reviewed using the following criteria:
Each application will be considered on a case by case basis but expect average awards to be between $400 and $1,000. Awards will be based on demonstrated financial need, personal circumstances, available funding and federal awarding guidance. Eligible students will be notified via their Emmanuel College email address. Disbursement procedures will be included in this email. Action must be taken within 30 days of the email communication to retain eligibility for the grant.
Information regarding funding from the institutional portion can be found by reading the Quarterly Budget and Expenditure Reporting.
Emmanuel College signed and returned the CARES Act Agreement and Certification to provide emergency grants to students.
Emmanuel students originally enrolled in on-campus classes for the spring 2020 semester, who were enrolled at the time of the disruption, and who meet Title IV (federal financial aid) general eligibility requirements are eligible for the grant (estimated at 1,800 students).
As of October 1, 2021, the following Higher Education Emergency Relief Funding (HEERF) has been disbursed to students:
HEERF I (CARES): 1,734 recipients have received a total of $825,988
HEERF II (CRRSAA): 475 recipients have received a total of $679,484
HEERF III (ARP): 1,064 recipients have received a total of $1,416,000