Higher Education Emergency Relief Fund (HEERF) Reporting
The US Department of Education has established a Higher Education Emergency Relief Fund for all university and college students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The fund is intended to assist students in higher education whose lives and educations have been disrupted by the coronavirus outbreak.
On April 23, 2020 Yo San University of Traditional Chinese Medicine signed and submitted to the Department of Education the Certification and Agreement with the assurance that the institution will or intends to use and distribute, at least 50 percent of the funds received under Section 18004 (a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
The total amount of funds that Yo San University has received from the Department pursuant to the Institution’s Certification and Agreement for Emergency Financial Aid Grants is $59,068, of which at least 50% ($29,534) will be used to provide emergency financial aid grants to students.
The total number of enrolled students at Yo San University, eligible to participate in programs under Section 484 Title IV of the Higher Education Act of 1965 and thereby eligible to receive Emergency Financial Aid Grants to students under Section 18()()4.(a)(1) of the CARES Act is 74, from the total population of 128, for a total disbursed amount of $30,784.
To determine which students receive Emergency Financial Aid Grants and how much each will receive under Section 18004(a)(1) of the CARES Act, Yo San University used the general principle approach of making it available to all FAFSA-eligible students enrolled for Spring 2020 trimester since all Yo San University students have been impacted as a result of moving all instruction to online for the current Spring 2020 trimester. The distribution methodology used is equal allocation, regardless of each eligible student’s Expected Family Contribution (EFG). The following are the instructions, directions, or guidance provided by Yo San University to students concerning the Emergency Financial Aid Grants.
The Federal CARES Act grant is offered exclusively for the purpose of providing emergency financial aid to student whose lives and education have been disrupted by the coronavirus outbreak. This one-time grant money is not subject to repayment and is non-taxable.
To be eligible for this emergency financial aid grant, a student must be enrolled in either the MATCM or DAOM program at Yo San University in the Spring 2020 trimester, and be eligible to receive federal financial assistance. For student who qualifies for HEERF, your disbursement check will be available for pickup in person from the Bursar’s Office on and after May 20, 2020.
Please contact Jyotika Karan ([email protected]) to schedule an appointment to pick up both the HEERF check and your financial aid check for the Summer 2020 trimester. Please note that the collection of check is by appointment only, to ensure physical distancing to the maximum extent practicable.