CARES Act 鈥� Emergency Financial Aid Grants to Students as of December 31, 2021
On March 27, 2020, the President of the United States signed the CARES Act (H.R. 748), which provides emergency relief funds to organizations and individuals affected by the coronavirus pandemic. The Higher Education Emergency Relief Fund (HEERF), found in Section 18004 of the CARES Act, provides funding to institutions of higher education 鈥渢o prevent, prepare for, and respond to coronavirus.鈥� The following information is provided by 大发六合彩 (DCCC) as required by the United States Department of Education (鈥淓D鈥�) in order to comply with the reporting requirements under the CARES Act. This progress report presents information as of December 31, 2021. Additional reports will be provided every calendar quarter.
- 大发六合彩 (DCCC) was awarded HEERF, HEERF2 and HEERF3 funds by the U.S. Department of Education on 5/4/2020, 1/17/2021 and 5/11/2021 respectively. In keeping with the terms of the award, 大发六合彩will use no less than 100% of the funds received for the students鈥� portion, as stated under 18004(c) of the CARES Act, to provide Emergency Financial Aid Grants directly to students.
听 - 大发六合彩 received a total of $39,933,329 under Section 18004(a)(1) of the CARES Act, of which $16,345,930 is to be provided directly to students impacted by campus disruption due to the Covid-19 crisis.
听 - As of the date of this disclosure, 大发六合彩 has disbursed $10,392,067.
听 - 大发六合彩 estimated that approximately 18,000 students could be eligible to participate in Federal Title IV Programs of the Higher Education Act of 1965 and thus may be eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.
听 - As of the date of this disclosure, the 大发六合彩 has made Emergency Financial Aid Grant disbursement payments to 17,912 students under Section 18004(a)(1) of the CARES Act.