Wellesley has received and disbursed funds from CARES (HEERF I), CRRSAA (HEERF II), and ARP (HEERF III).
Grant Details
30-day fund report
On April 21, 2020, Wellesley College signed and returned the Certification and Agreement for funding under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students to the Department of Education.
On April 27, 2020 Wellesley College received a total of $985,234 of funding under the Section 18004(a)(1) of the CARES Act for Emergency Financial Aid Grants to students.
Wellesley College estimates 1,471 students are 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.
In the initial distribution of approximately 75% of the CARES Act funding, Wellesley prioritized students with the greatest financial need as determined by the level at which they qualify for need-based grant aid. These students may require assistance with eligible expenses caused by the disruption of campus operations due to COVID-19. Wellesley College offered grants to Title IV eligible students who qualify for need-based grant aid, based on the chart below. In addition, Wellesley set up a process through which Title IV-eligible students may request additional CARES Act funding if they have additional qualifying expenses.
Need Based Grant % | CARES Grant Funding offered |
|---|---|
70-100% Grant aided | $725 |
50-69% Grant aided | $500 |
1-49% Grant aided | $300 |
The College announced the Emergency Financial Aid Grants in a communication about financial support for students to the community, and sent emails to those students identified as likely to have needs for funds to cover eligible expenses related to the disruption of campus operations due to coronavirus. In order to receive CARES Act Emergency Financial Aid Grants, students were required to certify eligibility and use of the funds.
CARES Act Distribution
Date | Amount distributed | Title IV eligible students |
|---|---|---|
May 26, 2020 | $697,285 | 1,160 |
June 26, 2020 | $723,933 | 1,203 |
Quarter ending June 30, 2020 | $723,933 | 1,203 |
July 26, 2020 | $732,198 | 1,205 |
August 26, 2020 | $735,578 | 1,205 |
September 26, 2020 | $741,513 | 1,212 |
Quarter ending September 30, 2020 | $741,513 | 1,212 |
October 26, 2020 | $752,668 | 1,226 |
November 26, 2020 | $808,027 | 1,262 |
December 26, 2020 | $879,493 | 1,333 |
Quarter ending December 31, 2020 | $879,493 | 1,333 |
January 26, 2021 | $906,130 | 1,337 |
February 26, 2021 | $947,865 | 1,351 |
March 26, 2021 | $985,234 | 1,355 |
Quarter ending March 31, 2021 | $985,234 | 1,355 |
On April 28, 2020, Wellesley College received a total of $985,234 of funding under the Section 18004(a)(1) of the CARES Act. The College’s Quarterly Budget and Expenditure Reporting is linked below.
Quarterly Report
On February 19, 2021 Wellesley College received notification of a second round of funding under the CRRSA Act to provide Emergency Financial Aid Grants to students from the Department of Education.
Wellesley College received a total of $985,234 of funding under Section 341(a)(1) of the CRRSA Act for Emergency Financial Aid Grants to students.
Wellesley College estimates 1,313 students are 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 341(a)(1) of the CRRSA Act.
Wellesley prioritized students with the greatest financial need as determined by the level at which they qualify for need-based grant aid. These students may require assistance with eligible expenses caused by the disruption of campus operations due to COVID-19. Wellesley College offered grants to Title IV eligible students who qualify for need-based grant aid, based on the chart below. In addition, Wellesley set up a process through which Title IV-eligible students may request additional CRRSA Act funding if they have additional qualifying expenses.
CARES Grant Funding
Need Based Grant % | CARES Grant Funding offered |
|---|---|
70-100% Grant aided | $800 |
50-69% Grant aided | $500 |
1-49% Grant aided | $300 |
The College announced the Emergency Financial Aid Grants in a communication about financial support for students to the community, and sent emails to those students identified as likely to have needs for funds to cover eligible expenses related to the disruption of campus operations due to coronavirus. In order to receive CRRSA Act Emergency Financial Aid Grants, students were required to certify eligibility and use of the funds.
CRRSA Act Distribution
Date | Amount distributed | Title IV eligible students |
|---|---|---|
Quarter ending March 31, 2021 | $676,552 | 1,001 |
Quarter ending June 30, 2021 | $968,245 | 1,263 |
Quarter ending September 30, 2021 | $968,245 | 1,263 |
Quarter ending December 31, 2021 | $985,234 | 1,303 |
On February 19, 2021, Wellesley College received a total of $928,118 of funding under the Section 341(a)(1) of the CRRSA Act. The College’s Quarterly Budget and Expenditure Reporting is linked below.
Quarterly Report
On May 20, 2021 Wellesley College received notification of a third round of funding under the ARP Act to provide Emergency Financial Aid Grants to students from the Department of Education.
Wellesley College received a total of $2,521,065 of funding under Section 2003(a)(1) of the ARP Act for Emergency Financial Aid Grants to students.
Wellesley College estimates 1,300 students are 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 2003(a)(1) of the ARP Act.
Wellesley prioritized students with the greatest financial need and utilized the ARP funding to provide grant aid in replacement of an expected academic year 2021-2022 summer earnings contribution.
ARP Act Distribution
Date | Amount Distributed | Title IV eligible students |
|---|---|---|
September 30, 2021 | $1,124,103 | 1,155 |
December 31, 2021 | $1,227,759 | 1,263 |
March 31, 2022 | $2,457,183 | 1,313 |
June 30, 2022 | $2,521,065 | 1,329 |
On May 20, 2021, Wellesley College received a total of $2,521,065 of funding under the Section 2003(a)(1) of the ARP Act. The College’s Quarterly Budget and Expenditure Reporting is linked below.