Home/Offices & Departments/Finance and Operations/Plan for Distributing Emergency Financial Aid Funds/CARES Act Posting Requirements March 2022
CARES Act Posting Requirements March 2022
The following information is posted in accordance with Section 314€ of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 and in accordance with 2 CFR 200.328 and 2 CFR 200.329 for the American Rescue Plan Act, 2021.
CRRSAA Funding
- 51¸£ÀûÉç developed an online application that allowed students to apply for the CRRSAA
funds.
- Students were required to submit a completed application to be considered.
- Applications were available until April 30, 2021.
- Students were notified via 51¸£ÀûÉç student email of their award status.
- Students received either a check or a direct deposit for the award.
- Awards were issued May 11, 2021.
- A total of 303 students were awarded.
- 51¸£ÀûÉç (51¸£ÀûÉç) signed and returned to the Department of Education, the Certification and Agreement statement.
- 51¸£ÀûÉç received $521,660 from the Department of Education pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students under the Coronavirus Response and Relief Supplemental Appropriations Act.
- Disbursement details are as follows:
- The total amount of Emergency Financial Aid Grants distributed to students under the Coronavirus Response and Relief Supplemental Appropriations Act as of June 30, 2021 was $521,660.
- The Institutional portion of the Coronavirus Response and Relief Supplemental Appropriations
Act funded additional Emergency Financial Aid Grants as scholarships for both Summer
2021 and Fall 2021.
- As of June 30, 2021, a total of $231,285 has been awarded as additional scholarships to students to assist with the cost of tuition and fees.
- As of September 30, 2021, a total of $948,666 has been awarded as additional scholarships to students to assist with the cost of tuition and fees.
- As of December 31, 2021, a total of $956,472 has been awarded as additional scholarships to students to assist with the cost of tuition and fees.
- As of December 31, 2021, a total of $141,248.55 has been utilized to forgive past due debt for students from semesters that were impacted by COVID-19.
- As of March 31, 2022, a total of $187,574.41 has been utilized to forgive past due debt for students from semesters that were impacted by COVID-19.
- The method used by 51¸£ÀûÉç to determine which students receive Emergency Financial Aid
Grants and how much they would receive under the Coronavirus Response and Relief Supplemental
Appropriations Act is based on the following:
- Distribution of emergency aid funds will be considered for 51¸£ÀûÉç students that:
- Have incurred expenses related to the disruption of campus activities due to COVID-19;
- Are enrolled at 51¸£ÀûÉç during the Spring 2021 semester;
- Submit an online application by the deadline
- COVID-19 Emergency Aid Amounts
- Awards were issued on first come first serve basis.
- The estimated minimum award amount was $500.
- Actual total award amount totaled $1,721.65.
- As of July 10, 2021 there are no remaining funds.
- Distribution of emergency aid funds will be considered for 51¸£ÀûÉç students that:
ARP Funding
- For Fall 2021, enrolled students were awarded half of the ARP funds based on exceptional
need if they were still enrolled as of census date after the 8-week II term began.
- Students were notified via 51¸£ÀûÉç student text messaging.
- Students received either a check or a direct deposit for the award.
- Awards were issued November 16, 2021.
- A total of 1426 students were awarded.
- Each student was awarded $723.
- Additional funding that remains will go out in a future semester.
- Any uncashed checks as of March 23, 2022 were revoked and placed back into the funds available for the Spring Semester
- The remainder of the awarded ARP funds will be distributed to all students that were
still enrolled in Spring 2022 as of census date after the 8-week II term began.
- Students will be notified via 51¸£ÀûÉç student text messaging.
- Students will receive either a check or a direct deposit for the award.
- Awards will be issued during April, 2022.
- An estimated total of 1200 students will be awarded.
- Each student will be awarded an estimated $850.
- 51¸£ÀûÉç (51¸£ÀûÉç) signed and returned to the Department of Education, the Certification and Agreement statement.
- 51¸£ÀûÉç received $2,061,569 from the Department of Education pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students under the American Rescue Plan Act.
- Disbursement details are as follows:
- The total amount of Emergency Financial Aid Grants distributed to students under the American Rescue Plan Act as of December 31, 2021 was $1,030,998.
- The Institutional portion of the American Rescue Plans Act will be expensed as awards
to students during the Summer term as Emergency Financial Aid Grants.
- 51¸£ÀûÉç will assist students by covering tuition and fees for up to six semester credit hours
- Funding is limited and will be awarded on a first come first serve basis
- Students must register for courses and complete an acknowledgement form in order to be considered
- The method used by 51¸£ÀûÉç to determine which students receive Emergency Financial Aid
Grants and how much they would receive under the American Rescue Plan Act is based
on the following:
- Distribution of emergency aid funds will be considered for 51¸£ÀûÉç students that:
- Have incurred expenses related to the disruption of campus activities due to COVID-19;
- Are enrolled at 51¸£ÀûÉç during the Fall 2021 semester as of the last census date or the Spring 2022 semester as of the last census date
- COVID-19 Emergency Aid Amounts
- Actual total award amount totaled $723.00 per student for Fall 2021.
- As of December 31, 2021 there are $1,030,571 remaining funds for future use.
- As of March 31, 2021 there are $1,042,139 remaining funds for future use.
- Distribution of emergency aid funds will be considered for 51¸£ÀûÉç students that: