the coronavirus aid, relief, and economic security (cares) act
CARES Act: Higher Education Emergency Relief Fund
The Coronavirus Aid, Relief, and Economic Security Act or, CARES Act, was passed by Congress and signed by President Donald Trump on March 27th, 2020. This bill allotted $2.2 trillion to provide fast and direct economic aid to the American people negatively impacted by the COVID-19 pandemic. Of that money, approximately $14 billion was given to the Office of Postsecondary Education as the Higher Education Emergency Relief Fund, or HEERF.
New Horizons Medical Institute has signed and returned the Certification and Agreement. With appropriation of $70,936, our 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 under the coronavirus aid, relief, and economic security (cares) act.
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 (of the latest report available) was $250.
282 is the estimated total number of students at the institution who are or could be eligible to participate in the Federal student financial aid programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.
Catalog and Student Handbook
Our Catalog and Student Handbook has been updated to include information regarding the HEERF grant.
New Horizons Medical Institute has awarded the HEERF gant to 15 students during 2020.
The ___ method was 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.
Please contact our financial aid office to determine your eligibility.