COVID-19
and Financial Aid

IMPORTANT NOTICE regarding The Higher Education Emergency Relief Fund and emergency grants for North Idaho College students under Section 18004 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act

This notice serves as an acknowledgment that North Idaho College has signed and returned the certification and agreement form and that the College has used, or intends to use the funds to provide the mandated amount of at least 50% of the emergency financial aid grants to students.

• North Idaho College (NIC) will, or has received under the HEERF student portion. $1,080,939

• Of those funds, the College has distributed $718,810.73 directly to 1757 students in the amount of $400 each to assist students to cover needs related to the transition to online learning in the Spring 2020 term. The total funds provided to students include money approved through the Vice President of Student Services office under the CARES Act Emergency Fund Application process.

• Approximately 3218 students at the College are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and therefore eligible to receive an emergency financial aid grant.

• The College Administration created a CARES Act Task Force that consisted of both faculty and staff. The Task Force created a distribution model that, in order to be eligible required students to be:
            Title IV eligible; and
            Enrolled in at least 6 credits as of April 2, 2020.

Each student received the following communication to inform them of the emergency grant:

The U.S. Department of Education, through the CARES Act stimulus package, has authorized North Idaho College to give additional money to our students. You are receiving this email to inform you that you will be disbursed these funds through your student account on Friday, May 15, 2020. *If you have already set-up your direct deposit for a financial aid disbursement, you will not need to do anything additional. If your refund preference method hasn't been set, you will be receiving a paper check to the address on your student account profile.

*It is important to note that the CARES Act is intended to get money directly to students during these unprecedented times. As a result, no balance owed to NIC has been forgiven and/or offset by these funds.

If you need assistance, have questions or concerns, please contact Cardinal Central.

Financial Aid Office
at Cardinal Central
(208) 769-3311 Phone
(208) 769-3399 Fax
CardinalCentral@nic.edu

 Posted May 27, 2020