PBSC CARES Act Grant
What is the CARES Act?
The Higher Education Emergency Relief Fund (HEERF) provided $6 billion to colleges nationwide for emergency financial aid grants to be distributed to enrolled students who are “Title IV Eligible” and 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 $500 grant to approximately 18,933 students on a “first come, first served” basis.
Eligibility Requirements and Application
Frequently Asked Questions
Palm Beach State College understands the current COVID-19 pandemic has greatly impacted our students’ educational goals. Our financial aid administrators are provided the authority to use professional judgment to make adjustments on a case-by-case basis to reflect more accurately the financial need of students and families affected by the COVID-19 pandemic.
If your financial aid status and/or eligibility has been negatively affected by COVID-19: let the Office of Financial Aid know by scheduling an appointment by clicking here. Select the COVID-19 Financial Hardship option.
To maintain compliance with federal regulations regarding receipt and distribution of the Coronavirus Aid, Relief, & Economic Security (CARES) Act funding, PBSC is required to provide the following information to the public 30 days after the date when the institution received its allocation under 18004(a)(1) and updated every 45 days thereafter.
Palm Beach State College signed and returned to the Department of Education the Certification and Agreement on April 11, 2020 and the assurances that Palm Beach State College 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. PBSC received $9.4M in CARES Act funding on April 20, 2020. This funding will be distributed directly to students in several phases over the term of the award year.
PBSC is actively distributing these funds to students who were impacted by the transition their course from a face-to-face classroom setting to a distance learning experience due to COVID-19. Students enrolled in at least one course in the Spring or Summer 2020 semester who are Title IV eligible and need assistance with housing, food insecurities, technology, healthcare, or childcare will receive $500 in emergency funding.
The method the College used to determine the amount of the emergency award is based upon the cost of attendance of a three-credit course with related course materials. The College may modify the award amount of the emergency funding throughout the year determined by the demand for emergency funding requests by the number of applications submissions.
The COVID-19 eligibility requirements to receive the emergency funding is as follows:
1. Students must be Title IV eligible to receive emergency funding. Students may apply by clicking on the link to the application that was provided in the email or text message or apply directly online at the COVID19 Webpage at https://www.palmbeachstate.edu/safety/covid-19/default.aspx
2. Students must have been enrolled for at least one course in Spring or Summer Term that transitioned from a face-to-face classroom or hybrid to a distance learning format due to the COVID-19 pandemic.
Additional college established instructions are as follows:
1. Students must submit a CARES Act grant application;
2. Students will receive emergency funds once Title IV Eligibility is verified;
3. The funds will be disbursed on a first-come, first-served basis; 4. In addition to the above criteria, PBSC strongly encourages Direct Deposit which allows funds to arrive directly to students’ accounts much faster and safer. To sign up for Direct Deposit in PantherWeb 1. Log in, 2. Click on “Direct Deposit Account” in My Details, 3. Enter Account & Routing number, 4. Click on “Update”.
As of May 14, 2020:
- PBSC received $9.4M in institutional CARES Act funding. The total amount of CARES Act funding received by PBSC was $18.7M.
- 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.