Columbia College Hollywood’s CARES ACT Information & FAQs
We compiled the following questions to provide answers to your questions relating to Columbia College Hollywood and Flashpoint Chicago’s CARES Act policy. We will keep this updated, and it will be accessible online on our homepage.
Additionally, here is some information you should have regarding the Higher Education Emergency Relief Fund Reporting- Emergency Financial Aid Grants to Students.
- Columbia College Hollywood acknowledges that the institution signed and returned to the Department the Certification and Agreement and assures the institution 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.
- CCH received a total of $702,919 from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.
- As of August 31, 2020, CCH distributed all $702,919 in Emergency Financial Aid Grants funds to students. Funds were distributed to students who qualified under the CARES Act in two tranches on May 29, 2020 and August 31, 2020.
- On May 29, 2020, the 754 students who were eligible to participate in the program each received $911. CCH chose to distribute an equal dollar amount to all eligible students. This amounted to $686,894 or 98% of the available funds received.
- On August 31, 2020, CCH distributed the remaining $16,025 to students who were more highly impacted by COVID-19 and needed additional help above and beyond the one-time distribution. Those situations were examined on a case-by-case basis
Sections 3504, 18004, and 18008 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, allow higher education institutions to use certain funds allocated by the Department of Education to support students and higher education institutions with expenses and financial needs related to the coronavirus (COVID-19) pandemic.
Section 3504 of the CARES Act allows higher education institutions to use additional supplemental educational opportunity grant funds they receive through the Higher Education Act to award emergency financial aid grants to support graduate and undergraduate students experiencing “unexpected expenses and unmet financial need” as the result of the COVID-19 pandemic.
Section 18004 of the CARES Act directs the Secretary of Education to allocate funds out of the Higher Education Relief Fund to higher education institutions to directly support students facing urgent needs related to the COVID-19 pandemic, and to support institutions as they cope with the immediate effects of the COVID-19 pandemic, including school closures. These funds may be used (1) to defray the institutions’ expenses, including lost revenues and payroll for employees and (2) for “emergency financial aid grants to students for expenses related to the disruption of campus operations due to the COVID-19 pandemic (including eligible expenses under a student’s cost of attendance, such as food, housing, course materials, technology, health care, and child care).” Recipient higher education institutions must pay no less than 50 percent of these funds to students as emergency financial aid grants.
Section 18008 of the CARES Act directs the Secretary of Education to allocate additional funds to Howard University and Gallaudet University to directly support students facing urgent needs related to the COVID-19 pandemic, and to support these institutions as they cope with the immediate effects of the COVID-19 pandemic, including school closures. These funds may be used (1) by the institutions to help defray their expenses and (2) for “grants to students for expenses directly related to” the COVID-19 pandemic and for expenses “caused by the disruption of university operations” resulting from the COVID-19 pandemic.