Student Consumer Information

In accordance with the Higher Education Opportunity Act of 2008, NEC is making the following information available to current and prospective students.

Higher Education Emergency Relief Fund (HEERF) Reporting

Quarterly Budget and Expenditure Reporting

Emergency Financial Aid Grants to Students

October 23, 2020

In response to recently-issued guidance regarding the Section 18004(a)(1) Student Portion funds, please consider the June 25, 2020 report shown below to be the final report that covers all remaining HEERF fund expenditures for Section 18004(a)(1) Student Portion funds.

June 25, 2020

On April 16th, 2020, NEC signed and returned to the U.S. Department of Education a Funding Certification and Agreement for Emergency Financial Aid Grants to Students under the CARES Act. NEC intends to use no less than 50 percent of the total funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students for expenses related to the disruption of campus operations due to coronavirus.

As of the date of this report, NEC has distributed approximately $183,659 to 137 eligible students.

Please refer to the May 21, 2020 report (shown below) for further details regarding the funding distribution process.

May 21, 2020

On April 16th, 2020, New England Conservatory (“NEC”) signed and returned to the U.S. Department of Education (“DOE”) a Funding Certification and Agreement for Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. NEC intends to use no less than 50 percent of the total funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students for expenses related to the disruption of campus operations due to coronavirus. 

On April 30th, 2020, NEC received $183,659.00 from the DOE to be used to provide Emergency Financial Aid Grants to students.

In compliance with the DOE’s suggested funding distribution methods, NEC determined which students received emergency grants via an application process. Students were informed of the student emergency funding application process via email, and the information was also posted on the NEC Resource Center web page. NEC’s 2019-2020 student body includes approximately 447 students who are eligible to receive Emergency Financial Aid Grants under the CARES Act.

NEC prioritized awarding of emergency funds to students with the greatest need, as determined via review of individual applications. Funds were awarded to eligible students primarily for food and housing expenses related to the disruption of campus operations. As of the date of this report, NEC has distributed approximately $153,000 to 124 eligible students.

 

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