CARES ACT - HEERF I

Bon Secours Memorial College of Nursing (BSMCON) has applied for and has received Higher Education Emergency Relief Funds (HEERF), authorized by Section 18004 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Per federal requirements, BSMCON acknowledges and assures that it has used, or intends to use, no less than 50% of the HEERF received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. BSMCON has signed and returned the Certification and Agreement form.

Students must meet the following eligibility requirements to receive HEERF funds: (1) eligible to receive Title IV Funds, (2) enrolled in course(s) in the Pre-Licensure BSN program during the Spring 2020 Semester and (3) experienced financial hardship or incurred expense as a result of the disruption of BSMCON on-campus operations due to COVID-19 as of March 13, 2020. Eligible expenses include items such as food, housing, course materials, technology, health care, childcare, etc. as included in the student’s Cost of Attendance. BSMCON students must apply for CARES Act HEERF Funds.

Please note that the Department of Education (ED) continues to publish guidance regarding HEERF both for institutions and students.  These funds may be taxable.  BSMCON is required to report certain information to the ED regarding recipients and the amount awarded and disbursed.  Students can obtain further information here or contact the Financial Aid Office for additional information.

 BSMCON allocation of Total (Student and Institutional) HEERF  $141,069
 HEERF received from the U.S. Department of Education (ED)   for Emergency Financial Aid Grants for Students  $70,535
 Actual HEERF amount disbursed to Students  $109,600
 Estimated number of students eligible to receive HEERF  263
 Actual number of students who received HEERF  127

 

BSMCON calculated HEERF I disbursements based on the student’s Federal Pell Grant eligibility. Students who were Federal Pell Grant eligible received a HEERF disbursement for $1,200, while Non-Federal Pell Grant eligible students received a HEERF disbursement for $800. All student HEERF disbursements were posted on the student ledger card from May 28 to September 18, 2020. Students were issued stipends as a result of the HEERF disbursements from May 29 to September 18, 2020.

BSMCON disbursed $109,600 (77.7%) of HEERF I monies received to students. The remaining $31,469 (22.3%) was disbursed to BSMCON as Institutional funds. BSMCON has expended all HEERF I monies received. BSMCON subsequently received HEERF II funds.

The following table displays HEERF I Institutional expenditures, which are final and updated as of October 29, 2020.

Spend Category Description of Expenditures

Sept 2020 (FINAL)

Campus Safety and Operations Purchase of disinfectant sprayers and face masks. $4,774
Purchasing, leasing, or renting additional  equipment or software to enable distance learning, or upgrading campus wi-fi access or extending open networks to parking lots or public spaces, etc.  Purchase of recording studio  equipment to facilitate distance  learning. $11,618
Other Uses of (a)(1) Institutional Portion  funds. Purchase of Spring 2020 exam monitoring/proctoring services for virtual exams. $15,077
Total   $31,469


Quarter Ending 9/30/2020 Expenditure Report

CARES ACT - HEERF II

Bon Secours Memorial College of Nursing (BSMCON) has received Higher Education Emergency Relief Funds (HEERF II), authorized by Section 314(a)(1) of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA).  HEERF II funds, while related to HEERF I funds authorized by the CARES Act (2020), are separate and distinct from HEERF I funds and allow for greater student eligibility. All students are encouraged to read eligibility requirements and apply for HEERF II funds.

HEERF II funds are financial grants, which do not have to be repaid, that can be used for any component of the student’s Cost of Attendance (COA) or for emergency costs that arise due to the coronavirus (COVID-19), such as tuition, food, housing, health care (including mental health care) and childcare.

Please note that the Department of Education (ED) continues to publish guidance regarding HEERF both for institutions and students.  These funds may be taxable.  BSMCON is required to report certain information to the ED regarding recipients and the amount awarded and disbursed.  Students can obtain further information here or contact the Financial Aid Office for additional information.

BSMCON allocation of Total (Student and Institutional) HEERF II $711,572
HEERF II received from the U.S. Department of Education (ED) for  Emergency Financial Aid Grants for Students $305,108
Actual HEERF II amount disbursed to Students $220,000
Estimated number of students eligible to receive HEERF II 413
Actual number of students who received HEERF II 151


For Spring 2021, students must have met the following eligibility requirements to receive HEERF II funds: (1) eligible to receive Title IV Funds and have submitted a valid 2020-21 FAFSA, (2) enrolled in course(s) during the Spring 2021 Semester and (3) experienced financial hardship or incurred expense as a result of the disruption of BSMCON operations due to the COVID-19 pandemic as of December 30, 2020 (authorization of CRRSAA).

BSMCON calculated HEERF II disbursements based on the student’s Federal Pell Grant eligibility. Students who were Federal Pell Grant eligible received a HEERF II disbursement for $2,000, while Non-Federal Pell Grant eligible students received a HEERF II disbursement for $1,500. In certain circumstances where late applications were received, a HEERF II award of $500 was disbursed. Initial student HEERF II disbursements were posted on the student ledger card from April 2 to May 4, 2021. Students were initially issued stipends as a result of the HEERF disbursements from April 5 to May 5, 2021.

As of the date of latest quarterly report, BSMCON has not yet expended all HEERF II monies received. Students are encouraged to apply for additional HEERF II funds when the next application cycle opens.

The following table displays HEERF II Institutional expenditures.

Spend Category Description of Expenditures Amount as of Sep 30, 2022
Campus Safety and Operations Temperature Scanners $2,880.00
Other Uses of Institutional Portion funds Additional exam  monitoring/proctoring services  for virtual exams, and summer  faculty contracts $51,504.33
Total   $54,384.33


For Fall 2022, students must have met the following eligibility requirements to receive HEERF II funds: (1) eligible to receive Title IV Funds and have submitted a valid 2022-23 FAFSA, (2) enrolled in course(s) during the Fall 2022 Semester and (3) experienced financial hardship or incurred expense as a result of the disruption of BSMCON operations due to the COVID-19 pandemic as of December 30, 2020 (authorization of CRRSAA).

BSMCON calculated HEERF II disbursements based on the student’s Federal Pell Grant eligibility. Students who were Federal Pell Grant eligible received a HEERF II disbursement for $2,000, while Non-Federal Pell Grant eligible students received a HEERF II disbursement for $1,500. Initial student HEERF II disbursements were posted on the student ledger card December 1, 2022. Students were issued stipends as a result of the HEERF II disbursements the week of December 5, 2022.

Quarter Ending 3/31/2021 Expenditure Report

Quarter Ending 6/30/2021 Expenditure Report

Quarter Ending 9/30/2021 Expenditure Report

Quarter Ending 12/31/2021 Expenditure Report

Quarter Ending 3/31/2022 Expenditure Report

Quarter Ending 6/30/2022 Expenditure Report

Quarter Ending 9/30/2022 Expenditure Report

 

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table HEERF

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