In accordance with the Certification and Agreement for institutions applying for HEERF funds and to comply with Section 18004(e) of the CARES Act, Acupuncture and Massage College’s 45-Day Report is posting on July 7, 2020 the information listed below on the institution’s primary website – www.amcollege.edu. Accordingly, the following information has been easily made public and will be updated every 45 days thereafter in accordance with Section 18004(a)(1):
Acupuncture & Massage College (AMC) acknowledges it signed and returned to the U.S. Department of Education the Certification and Agreement on 04/23/2020, and gives the assurance that AMC intends to use 50% 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 AMC received from the U.S. Department of Education for distribution to students is $141,551.00.
As of this 11/18/2020 Report, AMC has distributed $141,552.90 to students.
The estimated total number of students at AMC 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 are 144 in the 1st round and 98 in the 2nd round.
As of the date of this Disclosure 8/21/2020, the total number of students that have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 144 in the 1st round and 98 in the 2nd round.
The method used for the 1st round of funds awarded: The College awarded a fixed grant amount to all qualified students that submitted an application.
The method used for the 2nd round of funds awarded: The College awarded the 2nd round of funds to all applicants that met the eligibility requirements and submitted an application demonstrating need before the designated deadline.
All instructions, directions, or guidance provided by AMC to all students concerning the Emergency Financial Aid Grants have been sent via email & are published on the College website.