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Reporting Requirements

Required Information

WPI Response

An acknowledgement that the institution 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.

WPI signed and submitted the “Recipient’s Funding Certification and Agreement for Emergency Financial Aid Grants to Students” and has, and will, use the funds to provide the mandated amount of at least 50 percent of the Higher Education Emergency Relief Fund (HEERF) grants to eligible students.

The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.

$1,353,598;
Allocations for Section 18004(a)(1) of the CARES Act (PDF)

The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).

$1,353,598

The estimated total number of students at the institution 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.

3,204 students

The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.

3,204 students

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

All undergraduate and graduate students (including graduating seniors) who (1) were enrolled for classes for the Spring 2020 Term, (2) were eligible for Title IV funding, and 3) had filed a 2019-2020 Free Application for Federal Student Aid (FAFSA) before the last day of D Term, May 13, 2020 received a one-time grant of $300 on May 19, 2020, by direct deposit or physical check.  All eligible students may also apply for additional funding, not to exceed $500.  Additional funding will be based on a student’s explanation of demonstrated need and their Federal Expected Family Contribution (EFC) for 2019-2020 taken directly from their filed FAFSA.

Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

See WPI FAQ on CARES Act Grant: https://www.wpi.edu/we-are-wpi/frequently-asked-questions#financial-matters-for-students

CARES ACT Quarterly Reports