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CARES Act Reporting

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Consumer Information
Crime Statistics
Academic Calendar
Tuition and Fees
CORONAVIRUS
  • CARES Act
  • CARES Act Reporting
  • Quarterly Budget and Expenditure Report
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    Helms College signed and returned to the Department of Education a Certification and Agreement assuring 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.

    Helms College received $301,498 from the Department pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students.

    June 8, 2020, a total of $264,200 Emergency Financial Aid Grants was distributed to students under Section 18004(a)(1) of the CARES Act.

    A total of 226 students at the institution who are or could be eligible to participate in the Federal Student Financial Aid (FSA) programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

    A total of 218 students received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.

    Students with an Expected Family Contribution less than 1001 received $1300; students with an Expected Family Contribution greater than 1000 received $900; and students who could be eligible to participate in FSA programs received $900 under Section 18004(a)(1) of the Cares Act.

    As of August 7, 2020, the institution has $37,298 remaining of the original $301,498.

    December 10, 2020, a total of $30,600 Emergency Financial Aid Grants was distributed to 70 students under Section 18004(a)(1) of the CARES Act. Students with an Expected Family Contribution less than 1001 received $500; students with an Expected Family Contribution greater than 1000 received $300; and students who could be eligible to participate in FSA programs received $300 under Section 18004(a)(1) of the Cares Act.

    As of December 31, 2020, the institution has $6,698 remaining of the original $301,498.

    January 28, 2021, a total $6,698 Emergency Financial Aid Grants was distributed to 8 students under Section 18004(a)(1) of the CARES Act. Students with an Expected Family Contribution less than 1001 received $1,000; and students with an Expected Family Contribution greater than 1000 received $359.

    February 17, 2021, Helms College was awarded 1,077,604 from the federal Coronavirus Response and Relief Supplemental Appropriations Act, or HEERF II – CRRSAA of which $301,498 was allocated to Student Emergency Funds. Unlike the CARES Act, CRRSAA requires institutions to prioritize students with exceptional needs, such as students who receive Pell Grants, in awarding financial aid grants to students.

    May 13, 2021, Helms College received a total of $941,704 from the Department of Education pursuant to the Supplemental Agreement for Emergency Financial Aid Grants to Students under the American Rescue Plan (ARP). No action was required by Helms College to receive the supplemental funds.

    As of June 7, 2021, a total of 134 pell eligible students received $145,250 in HEERF II– CRRSAA Emergency Financial Aid Grant funding. Students with Expected Family Contributions range from:
    0 – 999 received $1250
    1000-1991 received $1000
    2000-2999 received $750
    3000-3999 received $500
    4000-4999 received $250
    5000-5999 received $125

    As of November 12, 2021, $145,048 was distributed with priority to pell eligible new students, students medically/financially impacted by COVID, and returning students received $300. Students with Expected Family Contributions range from:
    0 – 999 received $1450
    1000-1991 received $1200
    2000-2999 received $950
    3000-3999 received $700
    4000-4999 received $450
    5000-5999 received $325
    Single Medical/Financial COVID Impact received $2000
    Multiple Medical/Financial COVID Impact received $4673

    As of December 31, 2021, the amount of HEERF II-CRRSAA funds remaining for disbursement is $11,200, and the amount of HEERF III-ARP funds remaining for disbursement is $941,704.

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