Federal assistance meant to lessen the economic blow of COVID-19 on Colorado’s colleges isn’t fully meeting the needs of their neediest students and comes with restrictions that limit the ability of schools to shore up finances, say school leaders.
In particular, the regulations put institutions that serve large numbers of part-time students at a disadvantage.
“The whole implementation of the CARES Act has really not been very good,” said Heidi Markey, Adams State University’s financial aid director, talking about the coronavirus relief bill.
In total, the state’s institutions received $173.3 million from the CARES Act — $144.5 million for public institutions and $28.8 million for privately operated schools.
Schools must allocate half the money to students. And the half for institutions carries restrictions.
The reporting measures allow little flexibility for schools in how they can spend money and create disparities in how students get money. And the U.S. Department of Education guidance restricts student eligibility and excludes institutions that serve high numbers of part-time students.
“The way it sounded was it was almost too good to be true: Here’s the bill, here’s the money, now go out and use it,” said Cheryl Lovell, Adams State University president. “And then it went through the process of getting guidance and regulations (from the U.S. Department of Education) and it kind of narrowed the focus quite a bit.”
Flexibility in distribution, confusion for some students
In contrast, the stimulus package for the 2009 Great Recession enabled schools to more easily access money for institutional needs.
The CARES Act doesn’t reimburse schools for as broad a variety of expenses. That is critical because Colorado lawmakers face a $3.3 billion budget hole and may make deep cuts to higher education.
The federal money is also likely not enough for the state’s more than 75 private and public schools to recoup losses. Lawmakers and schools are lobbying for a second round of federal help.
Colorado CARES Act Higher Ed Allocations
Institution Name | Private or public | Total Allocation | Total for institutional costs | Percent Part-Time Students |
---|---|---|---|---|
Institution Name | Private or public | Total Allocation | Total for institutional costs | Percent Part-Time Students |
Academy Of Natural Therapy | Private | $33,501 | $16,750 | 100% |
Adams State University | Public | $1,568,914 | $784,457 | 40% |
Aims Community College | Public | $2,541,187 | $1,270,593 | 65% |
Arapahoe Community College | Public | $2,079,610 | $1,039,805 | 84% |
Aspen University | Private | $28,984 | $14,492 | 74% |
Auguste Escoffier School Of Culinary Arts | Private | $588,381 | $294,190 | 0% |
Avalon School Of Cosmetology | Private | $132,880 | $66,440 | 0% |
Aveda Institute Denver | Private | $602,184 | $301,092 | 0% |
Bel – Rea Institute Of Animal Technology | Private | $470,581 | $235,290 | 0% |
College Of International Esthetics | Private | $129,153 | $64,576 | 38% |
Collegeamerica Denver | Private | $944,384 | $472,192 | 0% |
Colorado Academy Of Veterinary Technology | Private | $203,310 | $101,655 | 11% |
Colorado Christian University | Private | $2,267,714 | $1,133,857 | 70% |
Colorado College | Private | $1,157,391 | $578,695 | 2% |
Colorado Mesa University | Public | $7,068,379 | $3,534,189 | 25% |
Colorado Mountain College | Public | $1,694,667 | $847,333 | 70% |
Colorado Northwestern Community College | Public | $397,997 | $198,998 | 58% |
Colorado School Of Healing Arts | Private | $72,624 | $36,312 | 28% |
Colorado School Of Mines | Public | $3,445,115 | $1,722,557 | 8% |
Colorado School Of Trades | Private | $186,092 | $93,046 | 0% |
Colorado School Of Traditional Chinese Medicine | Private | $32,880 | $16,440 | 16% |
Colorado State University | Public | $17,693,711 | $8,846,855 | 24% |
Colorado State University-Pueblo | Public | $3,959,862 | $1,979,931 | 48% |
Colorado Technical University | Private | $1,581,179 | $790,589 | 30% |
Community College Of Aurora | Public | $3,035,626 | $1,517,813 | 82% |
Community College Of Denver | Public | $4,443,177 | $2,221,588 | 70% |
Concorde Career College | Private | $1,667,137 | $833,568 | 0% |
Denver College Of Nursing | Private | $753,229 | $376,614 | 0% |
Denver Seminary | Private | $137,773 | $68,886 | 59% |
Elevate Salon Institute | Private | $97,669 | $48,834 | 27% |
Emily Griffith Technical College | Public | $1,828,725 | $914,362 | 78% |
Fort Lewis College | Public | $3,038,637 | $1,519,318 | 13% |
Front Range Community College | Public | $7,046,470 | $3,523,235 | 74% |
Ibmc College | Public | $1,497,661 | $748,830 | 0% |
Iliff School Of Theology | Private | $39,110 | $19,555 | 48% |
Institute Of Taoist Education And Acupuncture | Private | $11,057 | $5,528 | 0% |
Intellitec College | Private | $1,174,578 | $587,289 | 0% |
Intellitec College | Private | $1,132,045 | $566,022 | 0% |
International Salon And Spa Academy | Private | $475,449 | $237,724 | 58% |
Lamar Community College | Public | $588,420 | $294,210 | 50% |
Massage Therapy Institute Of Colorado | Private | $53,176 | $26,588 | 0% |
Metropolitan State University Of Denver | Public | $14,390,083 | $7,195,041 | 35% |
Montessori Casa International | Private | $3,492 | $1,746 | |
Morgan Community College | Public | $411,258 | $205,629 | 75% |
Naropa University | Private | $656,811 | $328,405 | 20% |
National Beauty College | Private | $28,336 | $14,168 | 0% |
Nazarene Bible College | Private | $5,757 | $2,878 | 91% |
New Dimensions Beauty Academy | Private | $48,218 | $24,109 | 9% |
Northeastern Junior College | Public | $868,359 | $434,179 | 43% |
Otero Junior College | Public | $902,921 | $451,460 | 54% |
Paul Mitchell The School Colorado Springs | Private | $338,720 | $169,360 | 13% |
Paul Mitchell The School Denver | Private | $306,368 | $153,184 | 3% |
Pickens Technical College | Public | $839,917 | $419,958 | 5% |
Pikes Peak Community College | Public | $7,543,778 | $3,771,889 | 63% |
Pima Medical Institute | Private | $2,092,022 | $1,046,011 | 0% |
Platt College | Private | $412,152 | $206,076 | 0% |
Pueblo Community College | Public | $3,638,453 | $1,819,226 | 68% |
Red Rocks Community College | Public | $3,149,018 | $1,574,509 | 66% |
Regis University | Private | $2,448,686 | $1,224,343 | 36% |
Rocky Mountain College Of Art + Design | Private | $761,314 | $380,657 | 37% |
Rocky Mountain Montessori Teacher Training Program | Private | $20,588 | $10,294 | 0% |
Rocky Vista University | Private | $262,167 | $131,083 | 0% |
Rolf Institute Of Structural Integration (The) | Private | $23,419 | $11,709 | 0% |
Salon Professional Academy (The) | Private | $191,082 | $95,541 | 50% |
Salon Professional Academy (The) | Private | $142,706 | $71,353 | 50% |
Spartan College Of Aeronautics And Technology | Private | $539,465 | $269,732 | 0% |
Stacey James Institute | Private | $58,169 | $29,084 | 0% |
Technical College Of The Rockies | Public | $128,974 | $64,487 | 38% |
Toni&Guy Hairdressing Academy | Private | $261,110 | $130,555 | 0% |
Trinidad State Junior College | Public | $1,038,406 | $519,203 | 56% |
United Beauty College | Private | $99,695 | $49,847 | 50% |
University Of Colorado Boulder | Public | $18,732,408 | $9,366,204 | 16% |
University Of Colorado Colorado Springs | Public | $7,925,645 | $3,962,822 | 34% |
University Of Colorado Denver | Public | $10,184,083 | $5,092,041 | 49% |
University Of Denver | Public | $4,626,269 | $2,313,134 | 29% |
University Of Northern Colorado | Public | $7,650,214 | $3,825,107 | 32% |
Western Colorado University | Public | $1,353,339 | $676,669 | 29% |