CRRSA Act Funds Distribution

As part of the U.S. Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act, Endicott College has been awarded Higher Education Emergency Relief Funds (HEERF II) to be used for direct emergency financial assistance for eligible undergraduate students. Endicott will distribute this funding to eligible students as soon as practicable following receipt of the funds from the U.S. Department of Education.  

Funding will be provided to eligible undergraduate students enrolled at Endicott during the Spring 2021 semester. CRRSA Act grants are being distributed to the students with the most demonstrated financial need. 

Endicott students must meet certain eligibility requirements to receive CRRSA Act HEERF II funding:

• Degree seeking
• Continued enrollment for the Spring 2021 semester
• Demonstrated financial need
• Met satisfactory academic progress standards
• Funds will not be awarded to non-degree students and international students

In addition to the emergency aid for students, the College has received funding from the CRRSA Act that will offset institutional costs incurred as a result of the COVID-19 pandemic.

Endicott has signed and returned to the U.S. Department of Education the required Certification and Agreement to receive monies under Section 314(a)(1) of the CRRSA Act. Endicott assures that it has used, or intends to provide the “same amount” in financial aid grants to students from the new CRRSA funds, consistent with its original CARES Act Student Aid Portion award requirements.

The total amount of funds that Endicott will receive from the Department of Education pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students is $1,031,504. As of March 23, 2021, Endicott has yet not distributed the funds to the students. (This information will be updated every 45 days as required.)

The estimated total number of Endicott students 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 Grants to students under the CRRSA Act is 2,310. Endicott anticipates that 557 students will receive grants based on its distribution in accordance with CRRSA Act requirements.

The method used by Endicott to determine which students will receive grants and how much they will receive under Section 314(a)(1) of the CRRSA Act is as follows:

a) Endicott estimated that a typical student incurred at least $1,000 due to the COVID-19 closing (lost wages, travel, supplies, etc.).
b) Endicott decided to allocate the funds in a way that would most benefit the most financially-needful students.
c) Awards were made in five tiers of flat dollar amount grants.
$2,000
$1,250
$750
$500
$250
d) Grant amounts were calculated based on the demonstrated financial need of eligible students as reported on FAFSA submissions for the current academic year (expected family contribution).

Students who have been awarded a grant will receive emails notifying them of the award.

As part of the U.S. Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act, Endicott College has been awarded Higher Education Emergency Relief Funds (HEERF II) to be used for direct emergency financial assistance for eligible undergraduate students. Endicott has distributed these funds to eligible students following receipt of the funds from the U.S. Department of Education.  

Funding was provided to eligible undergraduate students enrolled at Endicott during the Spring 2021 semester and were distributed to the students with the most demonstrated financial need. 

Endicott students had to meet certain eligibility requirements to receive CRRSA Act HEERF II funding:

• Degree seeking
• Continued enrollment for the Spring 2021 semester
• Demonstrated financial need
• Met satisfactory academic progress standards
• Funds were not awarded to non-degree students and international students

In addition to the emergency aid for students, the College also received funding from the CRRSA Act that was used to offset institutional costs incurred as a result of the COVID-19 pandemic.

Endicott has signed and returned to the U.S. Department of Education the required Certification and Agreement to receive monies under Section 314(a)(1) of the CRRSA Act. Endicott assures that it has used, or intends to provide the “same amount” in financial aid grants to students from the new CRRSA funds, consistent with its original CARES Act Student Aid Portion award requirements.

The total amount of funds that Endicott received from the Department of Education pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students was $1,031,504. As of June 30, 2021, Endicott has distributed the entire amount of funds to the students. 

The total number of Endicott students that received grants, based on distribution in accordance with CRRSA Act requirements, was 637.

The method used by Endicott to determine which students received grants and how much they received under Section 314(a)(1) of the CRRSA Act was as follows:
a) Endicott estimated that a typical student incurred at least $1,000 due to the COVID-19 closing (lost wages, travel, supplies, etc.).
b) Endicott decided to allocate the funds in a way that would most benefit the most financially-needful students.
c)Awards were made in five tiers of flat dollar amount grants.
$2,000
$1,250
$750
$500
$250
d) Grant amounts were calculated based on the demonstrated financial need of eligible students as reported on FAFSA submissions for the current academic year (expected family contribution).

Students who were awarded a grant received emails notifying them of the award.

As part of the American Rescue Plan (ARP), Endicott College has been awarded Higher Education Emergency Relief Funds (HEERF III) to be used for direct emergency financial assistance for eligible students.

Funding will be provided to eligible students enrolled at Endicott during the Fall 2021 semester. Institutions are required to prioritize grants to students with exceptional financial need, Endicott College is fortunate to have received $5,870,023 of which $2,946,408 minimally was required to be used for student grants.

As of September 30, 2021 Endicott College has awarded a total of $20,000 to 10 students with the remaining $2,926,408 to be allocated in full and by December 31, 2021.  Endicott provides information on the distribution of HEERF III funds to eligible students on its website.

Endicott was not required to apply for HEERF III funding as it had previously signed and returned the U.S. Department of Education the required Certification and Agreement to receive monies under Section 314(a)(1) of the CRRSA Act. 

The total amount of funds that Endicott College received in HEERF III funds was $5,870,023, of which $2,946,408 is required for spending as emergency grants for students.

The total amount of HEERF III Emergency Financial Aid Grants distributed to Endicott College students will be completed by December 30, 2021 and it is estimated that about 1,000 students will receive grants under this program.

The method used by Endicott to determine which students will receive grants and how much they will receive is as follows:

 a)  Endicott determined the eligible population as Fall 2021 enrolled students in undergraduate degree coursework with consideration given to exceptionally needy students first. 

 b)  Awards will be made in four tiers of flat dollar amount grants.
            $3,200
            $2,250
            $1,500
            $1,000

 c)    Grant amounts were calculated based on the demonstrated financial need of eligible students as reported on FAFSA submissions for the current academic year (expected family contribution).

Students who have been awarded a grant will receive emails notifying them of the award.

HEERF III Q3 Report

Click to view the HEERF III Q4 Report