[Updated September 19, 2022]

School Acknowledgement:
Oregon College of Oriental Medicine has signed and returned the certification and agreement form, and intends to use the funds to provide at least 50 percent of the emergency financial aid grants to students.

Funds Available to Students:
The total amount of HEERF I funds available to students = $50,048 
The total amount of HEERF II funds available to students = $50,048
The total amount of HEERF III funds available to students = $109,248
The total amount of SSARP funds available to students = $68,432

Funds Disbursed/Approved to Students:
Amount distributed to students as of date of report, September 30, 2022 = $209,344.
Funds of $0.00 were disbursed to students in the third quarter of 2022.

Total number of students eligible for HEERF Emergency Funds
Total students eligible to apply for funds = 374

Total number of students who have received/were approved an Emergency Financial Aid Grant (as of March 31, 2022)
Total number of students who received grant = 107

Policy for Determining Which Students Did, or Will Receive Emergency Financial Aid Grant and How Much Funding They Did or Will Receive:

  1. Student submits a “Cost of Attendance Increase Form” specifying what they need, how much it will cost, and why they need it to the financial aid office
    • A receipt is not needed to accompany the request, but no funds will be issued to the student until a receipt for the approved purchase is received.
  2. Students can request up to $2,000 total for expenses
  3. The financial aid office staff reviews all requests to make sure all components are included.
  4. The financial aid office staff approves or declines based on multiple factors, including: If the student has previously received HEERF funds, and whether the request constitutes need.
    • If staff don’t know if the request should be approved, they will reach out to work with the campus committee in charge of the HEERF Emergency Funds for feedback. 
  5. The financial aid office staff will notify the student if their request is approved or denied and if approved, for what amount it is approved for. 
  6. Emergency fund checks will be sent to the students in the standard check batch process.

Education Stabilization Fund Transparency Portal
LINK

Instructions/Announcements for Students:
The college posted two general announcements to all students informing them of the funds being available and how to apply for the funds. 

First Announcement to students:
LINK

Second Announcement to students:
LINK

IRS Instructions for CARES Act funds for tax purposes:
https://www.irs.gov/newsroom/faqs-higher-education-emergency-relief-fund-and-emergency-financial-aid-grants-under-the-cares-act

Third communication of CARES Act Emergency Funds, July 6, 2021
LINK

Fourth communication for ARP Emergency Funds, November 17, 2021
LINK

Fifth communication of ARP Emergency Funds, March 11, 2022
LINK

September 30, 2020 Quarterly Report for CARES Act 18004(a)(1) Institutional Portion and 18004(a)(3)
HEERF Report Q3 20

March 31, 2021 Quarterly Report for CARES Act 18004(a)(1) Institutional Portion and 18004(a)(3)
HEERF Report Q1 21

June 30, 2021 Quarterly Report for CARES Act 18004(a)(1) Institutional Portion and 18004(a)(3)
HEERF Report Q2 21

September 30, 2021 Quarterly Report for CARES Act 18004(a)(1) Institutional Portion and 18004(a)(3)
HEERF Report Q3 21

December 31, 2021 Quarterly Report for CARES Act 18004(a)(1) Institutional Portion and 18004(a)(3)
HEERF Report Q4 21

June 30, 2022 Quarterly Report
HEERF Report Q2 22

September 30, 2022 Quarterly Report
SSARP Report Q3 22