CURRENT INFORMATION — STUDENT ALLOCATIONS
ECMC Education, Inc. dba Altierus Career College (“Altierus”) is distributing emergency government grant funding via the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) The CRRSAA Act Higher Education Emergency Relief Fund II (HEERF II) provides aid to institutions, through the U.S. Department of Education (U.S. DOE), to award as emergency financial aid grants to students who have or continue to be impacted by COVID-19.
In May 2020, Altierus signed the Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act Funding Certification and Agreement and returned it to the Department of Education committing to use allocated student grant funds to provide emergency aid directly to our eligible students.
Consistent with guidance from the U.S. DOE, eligible students include all students who were enrolled for credits at the census date of July 26, 2021. Altierus followed guidance from the U.S. DOE to prioritize those with financial need in determining the grant amount provided to each student. Students that were eligible Pell Grant recipients will be receiving the highest grant amounts (Tier I). Those eligible for non-Pell Title IV and those using other sources for funding will receive lower grant awards (Tier 2 & Tier 3). All eligible Altierus students will be automatically awarded some grant funding as all students continue to be impacted by the ongoing pandemic. Awards will be mailed to eligible students to the address on file with their institution by the end of September 2021.
Additional information regarding our use of this funding is as follows:
Total amount of HEERF II funds the institution has received for Emergency Financial Aid Grants to students
||Number of Eligible Students
||Number of Students to Whom Aid Has Been Distributed
||Total Amount of Aid That Has Been Distributed
||Total Amount Remaining
Total estimated amount of Emergency Financial Aid Grants to be distributed and paid to students
*The distributed grant amount exceeds total funding awarded for the Emergency Financial Aid Grants due to rounding. Altierus Career College intends to use additional aid allocated to the institutional costs under the CRRSAA Act to cover the difference.