COVID-19 and Financial Aid

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.

• NIC has received under the HEERF student portion a total of $1,080,939.
• As of October 28, 2020, North Idaho College disbursed emergency grants totaling $1,080,939.
• The estimated total number of students at the institution 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. 2144
• The total number of students who have received an emergency financial aid grant. 1811
• How the institution determined which students did, or will receive emergency financial aid grants and how much funding they did, or will receive:
  • Spring 2020: Title IV eligible students enrolled in at least 6 credits as of April 2, 2020, received an emergency grant of $400.00. The $400 grant was established to help cover needs related to the transition to online learning in the Spring 2020 term.
  • Fall 2020: Notification was sent to students who appeared to meet the criteria to receive an emergency grant. This notification encouraged students to fill out the application to determine eligibility. Awards ranged from $80-$1820 and were calculated using a pre-determined formula based on how students answered the questions on the application.
• Any instructions, directions, or guidance provided by the institution to students concerning the emergency financial aid grants. (Attached student communication for Fall 2020 recipients)

For the Spring 2020 disbursement 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

 Revised October 28, 2020