Dear MSON Student,
As you may be aware, the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law on March 27, 2020, provides emergency assistance for individuals, families and businesses affected by the 2020 coronavirus (COVID-19).
The college has identified several provisions that may provide relief for MSON students.
Below are provisions in the CARES Act that pertain to Montefiore School of Nursing students and only provide relief as a result of being COVID-19 related:
- Federal financial aid relief for students who withdraw from all spring term courses:
- Students who withdraw may keep federal Pell grants awarded for the spring term.
- Students who withdraw are not obligated to repay the federal Direct Student Loans borrowed for the spring term.
- Students who withdraw maintain pre-Spring 2020 lifetime eligibility for federal Pell grants and federal Direct Student Loans.
- Satisfactory academic progress (SAP) flexibility: Permits MSON to exclude attempted credits not completed from the quantitative component of the SAP calculation without requiring an appeal.
- Temporary relief for federal student loan borrowers: Suspends borrowers’ obligations to make payments on their federally held student loans, including Direct and FFELP Loans through September 2020; suspends interest on payments; counts the suspended payments towards payment requirements for forgiveness provisions; and suspends garnishment of wages, Social Security and tax refunds, among other measures, for borrowers in default during this time.
- Emergency Financial Assistance for students that have been impacted by COVID 19. (PLEASE CLICK HERE TO ACCESS THE UPDATED APPLICATION ON MOODLEROOMS). (If you have submitted an application prior to May 13, 2020, you will not need to submit a new application).
The measures outlined in bullets 1 and 2 are meant to provide significant relief to students who believe they simply cannot continue this semester and must withdraw.
If you have additional questions or concerns regarding these provisions, you can contact the Financial Aid Office at 914-361-6081 or the Registrar’s Office at 914-361-6472.