Albert Einstein COM Response


An acknowledgement that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used the applicable amount of funds designated under the CRRSAA and ARP (a)(1) and (a)(4) programs to provide Emergency Financial Aid Grants to Students.

Albert Einstein COM signed and submitted the “Recipient’s Funding Certification and Agreement for Emergency Financial Aid Grants to Students” and has, and will, use the funds to provide the mandated amount of at least 50 percent under the CRRSAA and ARP (a)(1) and (a)(4) programs grants to eligible students.

The total amount of funds that the institution will receive or has received from the Department pursuant to the institution's Certification and Agreement for Emergency Financial Aid Grants to Students under the CRRSAA and ARP (a)(1) and (a)(4) programs.

$505,770

The total amount of Emergency Financial Aid Grants distributed to students under the CRRSAA and ARP (a)(1) and (a)(4) programs as of the date of submission (i.e., as of the initial report and every calendar quarter thereafter).

$505,770

The estimated total number of students at the institution that are eligible to receive Emergency Financial Aid Grants to Students under the CRRSAA and ARP (a)(1) and (a)(4) programs.

1029 students

The total number of students who have received an Emergency Financial Aid Grant to students under the CRRSAA and ARP (a)(1) and (a)(4) programs.

797 students

The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under the CRRSAA and ARP (a)(1) and (a)(4) programs.

All students enrolled as of 7/1/2021 will receive a one-time grant. Students with prior Pell grant eligibility will receive $700, and all other students will receive $450.

Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

Dear Students,

As part of recently passed federal legislation known as the HEERF, which is part of the ARP, Albert Einstein College of Medicine has received approximately $500,000 in grant funding for distribution directly to eligible students, especially those with exceptional need. This funding will help offset expenses related to the disruptions caused by the ongoing pandemic, such as tuition, food, housing, health care, or child care. The Department of Education determined Einstein’s allocation based on student enrollment. All students enrolled as of 7/1/2021 will receive a one-time grant. Students with prior Pell grant eligibility will receive $700, and all other students will receive $450.

To provide grants as quickly as possible, we will be distributing funds by direct deposit through Touchnet. If you are not yet signed up with Touchnet, please use the following link https://secure.touchnet.net:443/C22897_tsa/web/caslogin.jsp. To receive your direct deposit through Touchnet, sign in to the service, select “Refunds,” set up or review your payment profile and designate it for Refund use.

If you don’t sign up for direct deposit, you will receive a physical check after we complete the grant distribution process through Touchnet. Please reach out to us at stufin@einsteinmed.org if you have questions.

Regards,
Office of Student Finance