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PBSC CARES Act Grant



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WHAT IS THE CARES ACT GRANT?

The Higher Education Emergency Relief Fund II (HEERF II) in accordance with Section 314(a)(1) of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), provided $23 billion to colleges nationwide for emergency financial aid grants to be distributed to enrolled students who have expenses related to the COVID–19 pandemic. PBSC decided to immediately distribute their $9,466,718 CARES Emergency Grant by providing a one-time $1,000 grant to approximately 9466 students on a “first come, first served” basis. 

 

ELIGIBILITY REQUIREMENTS & FAQ

If you have completed a 2020-21 FAFSA, are a U.S. Citizen (or eligible non-citizen), and are attending classes during the Spring 2021 semester as a degree or certificate seeking student and incurred expenses such as tuition, food, housing, physical health care, mental health care, childcare, and other related expenses related to the COVID-19 crisis than you may be eligible.

 

The Office of Financial Aid is here to help with any questions. 

CARES GRANT APPLICATION

We STRONGLY encourage you to do the following:

  • Update your address in PantherWeb
  • Set up direct deposit instead of receiving paper checks
    • Log into Pantherweb 
    • Click on “Direct Deposit Account” (My Details)
    • Enter Account & Routing number
    • Click on “Update”

The College cannot guarantee prompt delivery of any funds via paper mail. Electronic transfers are fast and secure.


CARES Act Grant Statistics

As of March 26, 2021:

  • The total amount of HEERF II funding received by PBSC was $18.9 M of that amount PBSC received $9,466,718.00 in institutional CARES Act funding.
  • PBSC has distributed $5,579,000 to students.
  • PBSC has an estimated 9,466 students eligible to receive CARES Act funding of that amount PBSC has awarded funding to 5,579 (unduplicated) students.

As of October 30, 2020:

  • The total amount of CARES Act funding received by PBSC was $18.7M of that amount PBSC received $9,466,718.00 in institutional CARES Act funding.
  • PBSC has distributed $9,466,718.00 to students.
  • PBSC has an estimated 18,800 students eligible to receive CARES Act funding of that amount PBSC has awarded funding to 11,372 (unduplicated) students.
 

As of October 8, 2020:

  • The total amount of CARES Act funding received by PBSC was $18.7M of that amount PBSC received $9,466,718.00 in institutional CARES Act funding.
  • PBSC has distributed $9,466,718.00 to students.
  • PBSC has an estimated 18,800 students eligible to receive CARES Act funding of that amount PBSC has awarded funding to 11,372 (unduplicated) students.

As of August 10, 2020:

  • The total amount of CARES Act funding received by PBSC was $18.7M of that amount PBSC received $9,466,718.00 in institutional CARES Act funding.
  • PBSC has distributed $7,944,500 to students.
  • PBSC has an estimated 18,800 students eligible to receive CARES Act funding.
    PBSC has awarded funding to 9,848 (unduplicated) students.
 

As of July 1, 2020:

  • The total amount of CARES Act funding received by PBSC was $18.7M of that amount PBSC received $9,466,718.00 in institutional CARES Act funding.
  • PBSC has distributed $7,464,000 to students.
  • PBSC has an estimated 18,800 students eligible to receive CARES Act funding.
  • PBSC has awarded funding to 9,260 (unduplicated) students.
 

As of May 14, 2020:

  •  The total amount of CARES Act funding received by PBSC was $18.7M of that amount PBSC received $9,466,718.00 in institutional CARES Act funding.
  • PBSC has distributed $3,962,500 to students.
  • PBSC has an estimated 18,800 students eligible to receive CARES Act funding.
  • PBSC has awarded funding to 7,925 students.
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