PCOM understands that many of our students have been affected by the coronavirus pandemic. In order to help these students, PCOM is distributing student emergency funds (SEF) to assist students with their finances.
Through funding made available federal assistance, PCOM is proud help students who have been adversely impacted by the COVID-19 pandemic. The goal for these funds is to provide support so students may continue their education during these unforeseeable circumstances. Additionally, students not eligible for emergency funds (but still need assistance) can request a professional judgment within myPCOM.
Apply for Emergency FundingWe ask students to self-identify if they have incurred expenses. The process for applying for emergency aid is as follows:
Review fund details including amounts, eligibility and disclosures.
On April 16, 2020, as part of the Federal CARES Act, PCOM signed and returned to the Department of Education the Certification and Agreement under section 18004(a)(1) of the CARES Act to provide emergency financial aid grants to students as well as institutional funding to schools to help mitigate the costs of COVID related expenses. Of the $863,192 PCOM receives, half of the funds, $431,596, are mandated to be given as direct payment grants to Title IV-eligible students. PCOM has allocated an additional $331,596 of it's institutional funding to this total to respond to the overwhelming need for its students. PCOM has approximately 2,536 currently enrolled students who are eligible for Title IV funding and could potentially be eligible for funds if they are affected by COVID-19.
U.S. Department of Education
Up to $1,500 per student per academic year.
In order to receive funding, the student must be Title IV eligible (preferably a FAFSA on file in the current academic year) and demonstrate financial need .
PCOM has used the following methodology to award students until the funds were depleted:
This fund does not count toward a student's cost of attendance when awarded.
In our first quarterly report, as of June 26, 2020, PCOM awarded the total $431,596 to 482 students. As of December 14, 2020, 735 students have been awarded $763,192 in student grant funding from the CARES ACT. This amount includes the entire Cares Act Student Grant Funding of $431,596 as well as $331,596 of the Cares Act Institutional Grant Funding.
The following emails are the dates and correspondence that was sent to all students to ensure equal opportunity for CARES Funds. A link for the application was also posted on myPCOM and this webpage.
On December 27, 2020, the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) was passed in part to distribute to institutions of higher education in order to prevent, prepare for and respond to coronavirus through HEERF. This funding is required to go directly to students in emergency financial aid grants for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care) or child care. Of the $1,038,054 PCOM received, $431,596 is mandated to be given as direct payment grants to Title IV-eligible students. PCOM has approximately 2,959 currently enrolled students who are eligible for Title IV funding and could potentially be eligible for funds if they are affected by COVID-19.
U.S. Department of Education
Up to $1,500 per student per academic year.
In order to receive funding, the student must be Title IV eligible (preferably a FAFSA on file in the current academic year) and demonstrate financial need .
PCOM has used the following methodology to award students until the funds were depleted:
This fund does not count toward a student's cost of attendance when awarded.
As of March 10, 2021, PCOM awarded $431,596 to 330 students in student grant funding from CRRSAA.
The following emails are the dates and correspondence that was sent to all students to ensure equal opportunity for CRRSAA funds. A link for the application was also posted on myPCOM and this webpage.
On March 11, 2021, the American Rescue Plan Act of 2021 (ARPA) was passed in part to distribute to institutions of higher education in order to prevent, prepare for and respond to coronavirus through HEERF. This funding is required to go directly to students in emergency financial aid grants for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care) or child care. Of the $1,953,645 PCOM received, $976,823 is mandated to be given as direct payment grants to Title IV-eligible students. PCOM has approximately 2,939 currently enrolled students who are eligible for Title IV funding and could potentially be eligible for funds if they are affected by COVID-19.
U.S. Department of Education
Up to $1,500 per student per academic year.
In order to receive funding, the student must be Title IV eligible (preferably a FAFSA on file in the current academic year) and demonstrate financial need .
PCOM has used the following methodology to award students until the funds were depleted:
This fund does not count toward a student's cost of attendance when awarded.
As of January 18, 2022, PCOM awarded $976,823 to 717 students in student grant funding from ARPA.
The following emails are the dates and correspondence that was sent to all students to ensure equal opportunity for ARPA funds. A link for the application was also posted on myPCOM and this webpage.
On December 27, 2020 the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) was passed in part to distribute to institutions of higher education in order to prevent, prepare for, and respond to coronavirus through HEERF. Authorized under section 314(a)(3), PCOM also applied for the Supplemental Assistance to Institutions of Higher Education (SAIHE) grant for institutions with the greatest unmet needs due to coronavirus and have recently been approved. Of the $1,261,130 PCOM receives, 140 federal work-study students who have been impacted by COVID will receive $465,582. The remaining $795,548 will be given as direct payment grants to Title IV-eligible students. PCOM has approximately 2,939 currently enrolled students who are eligible for Title IV funding and could potentially be eligible for funds if they are affected by COVID-19.
U.S. Department of Education
Based on previous earning from Federal Work-Study - or - up to $1,500 per student per academic year.
In order to receive funding, the student must have been impacted by COVID for their Federal Work-Study earnings - or - be Title IV eligible (preferably a FAFSA on file in the current academic year), and demonstrate financial need.
PCOM has used the following methodology to award students until the funds were depleted:
This fund does not count toward a student's cost of attendance when awarded.
As of May 20, 2022, PCOM awarded $1,261,130 to 776 students in student grant funding from SAIHE.
The following email(s) are the date and correspondence that was sent to students who have received SAIHE funds. PCOM relied on the previous correspondence and application for the rest of the funds. A link for the application was also posted on myPCOM and this webpage.
View disclosure reports below:
These funds are not designed to be used for routine expenses or as a supplement to a student’s educational funding sources. Students who are experiencing long-term financial hardships due to a change in circumstances should contact their respective financial aid office to discuss a financial aid appeal.
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