*McCann School of Business and Technology campuses are branch campuses of Miller-Motte College, Chattanooga, TN.
Miller-Motte College acknowledges that it has signed and returned to the US Department of Education the American Rescue Plan (ARP) Certification and Agreement and the Miller-Motte College has used the applicable amount of funds designated under the ARP to provide Emergency Financial Aid Grants to Students.
The total amount of funds that Miller-Motte College has received from the Department under ARP pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $6,791,657.00.
The total amount of Emergency Financial Aid Grants distributed to students under ARP as of:
August 6, 2021 – $3,395,814.94
August 20, 2021 – $3,396,469.52
September 17, 2021 – $3,404,962.79
November 22, 2021 – $3,609,048.46
The estimated total number of students at Miller-Motte College eligible to participate in programs under ARP is 7,115 students.
The total number of students who have received an Emergency Financial Aid Grant to students under ARP as of:
August 6, 2021 – 5,201 Students
August 20, 2021 – 5,202 Students
September 17, 2021 – 5,215 Students
November 22, 2021 – 7,115 Students
The method(s) used by Miller-Motte College to determine which students receive Emergency Financial Aid Grants and how much they would receive under ARP is as follows:
Active students (or on an approved leave of absence) on August 3, 2021 enrolled in Title IV eligible program.
Completed a FAFSA and has demonstrated financial need.
EFC on ISIR is under or equal to $5,711 (Students with EFC of $5,711 and below are eligible for Pell Grant
The Miller-Motte College awarded 50% of the ARP award on August 6, 2021 and will award the remaining amount in fall 2021
The Miller-Motte College awarded 90% of this award amount received ($3,056,234.02) equally among the number of active students with a 0 EFC (4,670 Students) and 10% of the award amount ($339,582.85) equally among the number of active students with a non-zero EFC of $5,711 or less (532 Students). Students with 0 EFC received an award of $654.58 and students with a non-zero EFC of $5,711 or less received an award amount of $638.31.
- Active students (or on an approved leave of absence) on November 16, 2021 enrolled in Title IV eligible program.
- Completed a FAFSA and has demonstrated financial need.
- A EFC comparison of 2020/21 and 2021/22 ISIR on file was completed and the ISIR with the lower EFC (EFC of 5711 and below for 2020/21 and EFC of 5837 for 2021/22) was used in determining the HEERF III funding amount
- The Miller-Motte College awarded 50% of the ARP award on August 6, 2021 and awarded the remaining amount on November 22, 2021
- Unclaimed HEERF II and HEERF III funds were allocated to the November ARP HEERF III award.
- The Miller-Motte College awarded 90% of this award amount received ($3,248,143.25) equally among the number of active students with a 0 EFC (4675 students) and 10% of the award amount ($360,905.21) equally among the number of active students with a non-zero EFC of $5,711 or less (587 Students). Students with 0 EFC received an award of $694.79 and students with a non-zero EFC of $5,711 or less received an award amount of $614.83.
As follows please find additional instructions, directions, and/or guidance for students concerning the Emergency Financial Aid Grants:
A HEERF III Emergency Financial Aid Grant has been awarded to you and sent to Bank Mobile for payment. Please see below for an FAQ regarding this grant:
Why am I receiving this financial aid grant?
Under the American Rescue Plan (ARP), our institution received relief funds to distribute as emergency financial aid grants to eligible students of our institution. The Institution has prioritized grants to students with exceptional need.
What expenses can I use this grant money for?
Under the law, these grant funds may ONLY be used by eligible students for the 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.
How do I apply my grant to my cost of attendance or tuition?
If students would like to use their grant for cost of attendance/tuition for a remaining balance due to the institution once you receive the grant from Bank Mobile you can make a manual payment by calling 1-866-801-1658 and select the option to make a payment (option 8) or by visiting the Financial Aid Office at your institution.
If students would like to use their grant to pay toward a student loan received to pay for the cost of attendance/tuition, the student should go to studentaid.gov and click on Manage Loans>Make a Payment and follow the prompts to make a payment.
What happens if my student status changes or I withdraw from school before I receive the grant?
Any current student who ceases to be an active student (or to be on an approved leave of absence) prior to the awarding and disbursement of the grant is no longer eligible to receive a grant. If an individual ceases to be eligible prior to receiving a grant, any funds that were to be awarded to that individual will be awarded to another student in need.
What if I do not claim the grant or cash the check?
If a student fails to claim funds within 30 days of receiving his or her grant, the award may be cancelled and the institution may distribute the funds to another student in need.
How will the grant be awarded/disbursed?
All eligible students will receive their grant through Bank Mobile based on their current refund preference. Bank Mobile offers three options to students when processing refunds:
Deposit to a Bank Mobile Checking Account
Deposit to a personal Financial Institution/Bank
Refund sent via paper check
Students who would like to verify and/or change their refund preference can log into their account at https://bankmobilevibe.com/ or contact the Financial Services Call Center at 1-866-801-1658 for assistance.
Students who do not have an account with Bank Mobile can call 1-866-801-1658 to speak with a Financial Services Officer or visit the Financial Aid Office at your institution to set up your account.