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CARES ACT GRANTS TO STUDENTS

In compliance with the Certification of Agreement for accepting CARES Act funding, Ramapo College of New Jersey is required to provide information about the award and how it was administered.  This information is provided below.

  1. Ramapo College signed and returned to the U.S. Department of Education (“the Department”) the Certification and Agreement on April 17, 2020. Ramapo College 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.
  2. Ramapo College has received $2,303,353 from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.
  3. The total amount of Emergency Financial Aid Grants awarded to students under Section 18004(a)(1) of the CARES Act in the first round (spring 2020) was $1,336,532 and in the second round (fall 2020) was $963,350.
  4. 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 was 3,769 in the spring 2020 semester.  In the fall 2020 semester the number of eligible students was 2,736.
  5. The total number of students who have been approved for an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act in the first round was 1,317 and 994 in the second round.
  6. 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 can be found on the FAQ page under “How will grant amounts be determined?”  The awards were made in two rounds, the first in the spring 2020 semester, and the second in the fall 2020 semester.  The Office of Financial Aid took into consideration a student’s Expected Family Contribution (EFC), as determined from the 2019-2020 FAFSA, and used a tiered approach to guide award amounts.
    EFC Maximum CARES Act Student Grant, Round 1
    0 to 7,500 $1,200
    7,501 to 15,000 $1,100
    15,001 to 30,000 $1,000
    30,001 and above $750

     

    EFC CARES Act Student Grant Range, Round 2
    0  to 7,500 $750 – $1,050
    7,501  to 15,000 $650 – $950
    15,001  to 30,000 $550 – $850
    30,001 and above $500 – $800

    The Office of Financial Aid used the following rubric as a guide in calculating awards.

    Need Dependent Student / Independent Student (1) Independent Student (2+)
    Housing up to $700 up to $900
    Food up to $200 up to $300
    Tech / Materials up to $350 up to $350
    Child Care* $0 up to $500
    Health Care up to $200 up to $200

    *The student must have dependent(s) listed on FAFSA or provide documentation of dependent(s).

  7. Ramapo College is required to publish “Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.” In addition to the information provided in the CARES Act Student Emergency grant web pages and Twitter, the College sent an email to eligible students (Email from CR) notifying them of the CARES Act Emergency grants, and applicants received either an award notification letter (CARES Act Approval letter) or denial letter (CARES Act Denial letter).

CARES ACT INSTITUTIONAL GRANT

Ramapo College received $2,303,352 from the U.S. Department of Education “to cover any costs associated with significant changes to the delivery of instruction due to the coronavirus.”  The College used this funding toward lost revenue from on-campus housing.  The final report on this grant can be found here: Institutional Final.