CARES Act Higher Education Emergency Relief Fund Statement
The health and wellbeing of the Cleveland Institute of Music community will always be our greatest priority. Due to the ongoing pandemic, we know many students are facing significant challenges. To aid CIM students who have been greatly impacted financially due to the evolving crisis, CIM has received special federal funding via the CARES Act.
The CARES Act Higher Education Emergency Relief Fund-IHE/Student Aid provides funding to relieve urgent student needs around areas of housing, food, technology, healthcare and childcare, due to circumstances related to coronavirus.
The CARES Act requires all participating colleges and universities to provide access to the following information. This reflects CIM’s initial report, as of May 20, 2020, and will be updated every 45 days moving forward.
- The Cleveland Institute of Music has signed and returned to the Department of Education the CARES Act Certification and Agreement. This document is an assurance that CIM 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.
- The total amount of funds that CIM will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $93,134.
- The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter) is $31,520.
- 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 thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is 199.
- The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 33.
- CIM’s method of evaluating eligibility is based on an extensive, weekly review process by a committee of administrative staff and approval from leadership, as well as confirmation that all requests meet the requirements detailed by the Department of Education.
- CIM sent an email on April 13, 2020 to all enrolled students detailing the intent of the funding and how to request a grant.
The Cleveland Institute of Music recognizes that some students who have applied, but are ineligible, for Higher Education Emergency Relief Fund grants are in urgent need. To support those students, CIM has distributed separate funding to 25 additional students in serious need. CIM will continue to monitor award requests and assist as many students in urgent need as possible within the parameters of available federal and philanthropic funding.