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30-DAY REPORT

May 26th, 2020

This letter acts as acknowledgement that Compu-Med Vocational Careers (CMVC) has signed and returned to the Department the Certification and Agreement and the assurance that CMVC 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. 

On May 8th, 2020, CMVC has received from the Department, an amount of $442,546.00 of which at least $221, 273 will be made available to students who are negatively affected by the Coronavirus (COVID-19) to help with educational related costs such as housing, food, course materials, technology, health care, child care, and other expenses.  On April 21st, 2020, CMVC posted information about the CARES Act Grant in the online classroom and on the same day, CMVC sent an email to all Active and Registered students with instructions on how to apply for the CARES Act Grant. 

The date of this “30-Day Report” is May 26, 2020, and as of this date, CMVC has awarded $167,612.96 in CARES Act Grants to 102 eligible students.  At this point, CMVC estimates that approximately 170 students attending CMVC are eligible to apply for the Emergency Student Grant Funds (CARES Act Grant).  

Students who wish to apply for the CARES Act Grant can do so by emailing info@compumed.edu for an application.  Once the application is filled out and returned to info@compumed.edu, CMVC Cares Act Committee (CAC) will meet to review all applications.  To be eligible to receive the CARES Act Grant, a student must meet the following qualifications. 

  1. Must fill out and return the application to receive the CMVC CARES Act Grant.  
  2. Must have been negatively affected by the Coronavirus (COVID-19). 
  3. Must be eligible to participate in Title IV funds based on the basic eligibility criteria found at the link provided: https://studentaid.gov/understand-aid/eligibility/requirements 
  4. Must be an Active student with CMVC. 
  5. Must demonstrate a need for funding. 

CMVC CARES Act Committee has created the following guidelines to determine the amount each student that applies to the Grant can receive under the Emergency Financial Aid Grants available to students. 

 

EXPENSE  CAC Committee Rules 
Housing CMVC Cares Act grant will allow one-month rent up to $1,005.00.  
Food CMVC Cares Act Grant will allow one-month food expense up to $400.00 
Course Material  CMVC will award each student who applies $150.00.  This is the approximate spend for course material for one semester at CMVC. 
Tech CMVC will award each student who applies at least $100.00 and up to $300.00 for technology.  This will support one month of internet to include a chrome book to complete school work from home, if needed.  
Health Care Costs CMVC CARES Act Grant will be awarded for health care costs up to $400.00 
Childcare Costs CMVC CARES Act Grant will be awarded for childcare costs up to $400.00 
Other CMVC CARES Act Grant will be awarded on a case-by-case basis and will not exceed $250.00
Total The Maximum amount a student can qualify for on the CARES Act Grant is $2,200 as of May 26,2020. 

 

CMVC has followed all guidelines given by the Secretary of Education and all records are kept on file on site at CMVC.  

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