CARES Act

The New York College of Podiatric Medicine signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or 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.

NYCPM has been awarded the amount of $57,613 of the Higher Education Emergency Relief Fund.

There are 220 estimated total number of students at the institution who are or could be eligible to participate in the Federal student financial aid programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

Eligible criteria for awarding the fund:
• Be enrolled or accepted for enrollment in a degree or certificate program
• Current students must be making satisfactory academic progress
• Not owe any overpayment on any Title IV grant or loan
• Be a US citizen or national, permanent resident or other eligible noncitizen
• Selective Service registration verified
• Have Social Security Number Verified

Total of 84 students applied for the Higher Education Emergency Relief fund.
79 students were eligible and 5 students were not eligible based on the above criteria.
Each eligible student is awarded the amount of $729.28 and the fund disbursement is scheduled for Tuesday July 7 2020.

New York College of Podiatric Medicine was also awarded the Higher Education Emergency Relief Fund -IHE/Institution in the amount of $57,612 and $384,775 from the Fund for the Improvement of Post-Secondary Education.