Mercy College receives Coronavirus Aid, Relief, and Economic Security Act Funding (CARES)
2022 Quarterly Reports of the Institutional Portion of HEERF Relief Funds
First Quarter Updated 09/26/22
Second Quarter Updated 09/26/22
Third Quarter 10/08/2022
Fourth Quarter 01/04/2023
December 31, 2021 Updated 09/26/22
Mercy College of Ohio awarded CARES Act funding from the Federal Government to 639 students enrolled fall 2021 semester. The total amount disbursed was $3,261,875.00. Number of students eligible was 1,227. Awards amounts were based on the table in the link below. Students had the option to apply funds towards tuition or receive a check directly disbursed via BankMobile.
Fourth Quarter 2021 CARES Act Student Aid Report
September 30,2021 Updated 09/26/22
Mercy College of Ohio awarded CARES Act funding from the Federal Government to 426 students enrolled summer 2021 semester. The total amount disbursed was $349,000. Number of students eligible was 795. Awards amounts were based on the table in the link below. Students had the option to apply funds towards tuition or receive a check directly disbursed via BankMobile
Third Quarter 2021 CARES Act Student Aid Report
June 30, 2021 Updated 09/26/22
Mercy College of Ohio did not award any additional CARES ACT Funding to students for the time-period of 04/01/2021-06/30/2021.
Second Quarter 2021 CARES Act Student Aid Report
March 31, 2021 Updated 09/26/22
Mercy College of Ohio awarded CARES Act funding from the Federal Government to 741 students enrolled spring 2021 semester. The total amount disbursed was $595,500. Number of students eligible was 1,228. Awards amounts were based on the table in the link below. Students had the option to apply funds towards tuition or receive a check directly disbursed via BankMobile.
First Quarter 2021 CARES Act Student Aid Report
2021 Quarterly Reports of the Institutional Portion of HEERF Relief Funds
First Quarter Updated 07/18/22
February 8, 2021
CARES II Funding available to Mercy College students
Mercy College has applied for and received the Coronavirus Aid, Relief, and Economic Security Act second round funding (CARES II).
The second round of funding has fewer restrictions. Students who receive Federal Financial Aid and are Pell-eligible will receive priority, but all other students are eligible to apply including online students (undergraduate, graduate, and credit certificates).
Mercy students who are not eligible for funds are those enrolled in a dual degree program with either BGSU or Tiffin University and those who are in a noncredit program (Phlebotomy, EMT). Students in the dual degree programs should contact their home university for further guidance.
December 22, 2020
Mercy College estimated that 865 students may be eligible to receive funds from the CARES Act. As of December 22, 2020, 439 students have received monies totaling $569,500. Students who were Pell Grant eligible have received $1500 and other eligible students have received $1000. All grants have been awarded through the students' Bank Mobile account
October 30, 2020
Institutional CARES Act Expenditure Through October 30, 2020
October 19, 2020
Mercy College estimated that 865 students may be eligible to receive funds from the CARES Act. As of October 19, 2020 436 students have received monies totaling $565,500. Students who were Pell Grant eligible have received $1500 and other eligible students have received $1000. All grants have been awarded through the students' Bank Mobile accounts.
September 17, 2020 Update
Mercy College estimated that 865 students may be eligible to receive funds from the CARES Act. As of September 17, 2020 433 students have received monies totaling $561,000. Students who were Pell Grant eligible have received $1500 and other eligible students have received $1000. All grants have been awarded through the students' Bank Mobile accounts.
July 23, 2020 Update
Mercy College estimated that 865 students may be eligible to receive funds and as of July 23, 2020, 504 students had applied with 431 of them eligible to receive funds. It was determined that students who were Pell Grant eligible would receive $1500 and other eligible students would receive $1000. All 431 eligible students have been awarded their grant money through their Bank Mobile accounts. To date, Mercy College has awarded $558,000 in emergency grant funds. Mercy College will continue to award these funds until fully depleted.
May 11, 2020
Mercy College developed an Emergency Fund Task Force to develop a process to distribute the CARES Act allocation to eligible students. The eligibility requirements stipulate students must meet Title IV (Financial Aid) eligibility requirements in order to receive emergency funds. Students must have experienced a financial hardship due to the disruption of campus operations because of the Coronavirus (COVID-19) as of the March 13, 2020 date when President Trump declared a National Emergency. Students who were enrolled exclusively in online programs on or before March 13, 2020 are not eligible. The guidance received from the Federal Government at this time is that the CARES money students receive will not be taxable.
The Task Force developed the CARES Act Student Emergency Grant Request Form for students to apply for funding with the due dates and eligibility requirements denoted. You can access the application form here. Mercy College estimated that 865 students may be eligible to receive funds and as of the first deadline, May 5, 2020, 297 students had applied with 260 of them eligible to receive funds. It was determined that students who were Pell Grant eligible would receive $1500 and other eligible students would receive $1000. The first round of money was awarded to students the week of May 11, 2020 through their Bank Mobile accounts. On Thursday, May 7, 2020 a second email was sent to students announcing a deadline extension of May 15, 2020 to apply for an emergency grant. All new applications will be reviewed with allocations to eligible students made in a timely manner. Mercy College will continue to award these funds until fully depleted.