COVID-19 Info and Resources: Peirce remains fully operational. All Session 1 and Session 2 classes and student services will be provided online. Learn more.

Reporting for CARES II (CRRSAA) Funds

Coronavirus Response and Relief Supplemental Appropriations Act 2021 (CRRSAA)

Each institution receiving CRRSAA funds is directed to comply with Federal regulations and submit reports outlining the distribution of these funds. At this time, Peirce College has begun distributing funds to students, prioritizing the distribution of funds to students who demonstrate excessive financial need in accordance with the Department of Education's guidance. This site will be updated appropriately as guidance is received and funds are distributed.

  • The College received $305,695 on January 20, 2021 from the Department pursuant to the institution's Certification and Agreement for Emergency Financial Aid Grants to Students.
  • The total amount of Emergency Financial Aid Grants distributed to students under the CRRSA Act as of June 30, 2021 is $199,000.
  • 199 students enrolled in Session 5 in the spring 2021 were eligible to receive Emergency Financial Aid Grants to students under the CRRSA Act.
  • As of June 30, 2021, 199 students have received an Emergency Financial Aid Grant to students under the CRRSA Act.
  • Grants of $1000 were distributed to students whose FASFA indicated an Effective Family Contribution(EFC) of 0 - 100.
  • Eligible students were notified of fund availability via email and received the funds through the BankMobile refund distribution system.
  • Additional grants will be distributed to eligible students enrolled in Session 6 in the summer of 2021. More details regarding the College's receipt and distribution of CRRSA Act Funding can be found in the below report.

Quarterly Budget and Expenditure Report - Institution Portion (revised 9/23/21)

Updated September 23, 2021

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