Higher Education Emergency Relief Fund

HEERF I

Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act (HEERF I) Disclosure

Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act (HEERF II) was signed into law by President Trump on 12/27/20. The CRRSA Act requires the university to publish the following disclosures to explain how much funding we received and how we used it.

Emergency Financial Aid Grants
HEERF I

On 4/24/20 NewSchool signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or 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.
The total amount of funds that NewSchool will receive from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Student is $276,545.
The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of 1/10/21 is $154,741.

HEERF I Update: 3/23/2021 the remainder of HEERF I funds were distributed to students under the same requirements in the amount of $121,804.

The estimated total number of students at NewSchool 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 Section 18004(a)(1) of the CARES Act is currently 273.
The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act as of 1/10/21 is 162.

HEERF I Update: The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act as of 3/23/21 is 273.

The method(s) used by NewSchool to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act:
Students must:

Submit a signed form confirming they have expenses related to the disruption of campus operations due to COVID-19
Have filed a 2019-20 Free Application for Federal Student Aid (FAFSA) form prior to Spring 2020 term
Be initially enrolled prior to Spring 2020 and matriculated (degree-seeking) undergraduate and graduate students
Be enrolled in a primarily on-campus degree program
Be U.S. citizens or permanent residents and Eligible for Title IV Aid

All eligible students who have confirmed they’ve incurred additional expenses will receive $900. Students with expenses greater than $900 may receive up to $1,400 if supporting documentation is provided.

Instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants:

Grants will be sent to your bank via direct deposit if you have enrolled or a check will be mailed to your local address. Verify your banking information and local address is correct in your Student Portal
Disbursements from this fund will not be applied to an outstanding balance on your student account
Questions about additional financial aid options and grant eligibility should be directed to finaid@newschoolarch.edu
Awarding of grants is contingent upon confirmation of eligibility, and availability of funds

HEERF II

Coronavirus Response and Relief Supplemental Appropriations (CRRSAA) Act (HEERF II) Disclosure

HEERF II

On 2/27/21 NewSchool signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or 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.
The total amount of funds that NewSchool will receive from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Student is $336,510.

The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(2) of the CARES Act as of 3/23/2021 is $336,510.

The estimated total number of students at NewSchool 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 Section 18004(a)(2) of the CARES Act is currently 249.
The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act as of 3/23/2021 is 249.

The method(s) used by NewSchool to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(2) of the CARES Act:

Students Must:

You must be an enrolled graduate or undergraduate student for Winter 2021 as of the date NewSchool was approved for funds: 02/27/21
You must qualify for need, which is measured by the 2020-21 FAFSA or Dream Act Application. Your Expected Family Contribution (EFC) must be below 10,000 and your application must have been received by 02/27/21
Students with a Zero EFC are eligible for up to $2,198
Other students with an EFC below 10,000 are eligible for up to $1,352
Be U.S. citizens or permanent residents and Eligible for Title IV Aid

Instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants:

Grants will be sent to your bank via direct deposit if you have enrolled or a check will be mailed to your local address. Verify your banking information and local address is correct in your Student Portal
Disbursements from this fund will not be applied to an outstanding balance on your student account
Questions about additional financial aid options and grant eligibility should be directed to finaid@newschoolarch.edu
Awarding of grants is contingent upon confirmation of eligibility, and availability of funds