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CARES Act Higher Education Emergency Relief Fund (HEERF) Reporting

Each HEERF participating institution must post the following information listed below in a format and location that is easily accessible to the public 30 days after the date when the institution received its allocation under 18004(a)(1) and updated every 45 days thereafter until the final quarterly report is posted.

As of December 31, 2020, this final quarterly posting is the final report that covers all remaining HEERF fund expenditures for Section 18004(a)(1) Student Portion funds.

1.) An acknowledgement that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

Lake Area Technical College signed and returned to the U.S. Department of Education the Certification and Agreement on April 13, 2020.  Notification that grant funds were available for draw down was received on April 24, 2020.  You can view the Certification and Agreement here

Lake Area Technical College intends to use no less than 50% of the funds received to provide Emergency Financial Aid grants to students. 

2.) The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.

On April 24, 2020 Lake Area Technical College received $884,080.50.

3.) The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).

As of May 14, 2020 Lake Area Technical College disbursed $251,077 to eligible students.

As of July 1, 2020 Lake Area Technical College disbursed $609,107 to eligible students.

As of August 14, 2020 Lake Area Technical College disbursed $624,672 to eligible students.

As of September 30, 2020 Lake Area Technical College disbursed $631,716 to eligible students.

As of December 31, 2020 Lake Area Technical College disbursed $884,080.50 to eligible students.

4.) The estimated total number of students at the institution 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.

Lake Area Technical College has determined there are approximately 1,485 students eligible to receive Emergency Financial Aid grants. 

5.) The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.

As of May 14, 2020 Lake Area Technical College disbursed Emergency Financial Aid grants to 572 eligible students.

As of July 1, 2020 Lake Area Technical College disbursed Emergency Financial Aid grants to 987 eligible students.

As of August 14, 2020 Lake Area Technical College disbursed Emergency Financial Aid grants to 1,002 eligible students.

As of September 30, 2020 Lake Area Technical College disbursed Emergency Financial Aid grants to 1,009 eligible students.

As of December 31, 2020 Lake Area Technical College disbursed Emergency Financial Aid grants to 1,140 eligible students.

6.) The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.

The funding model focused on two main criteria:

  • If a student is eligible for a Federal Pell Grant for 2019-2020 based on FAFSA information; and
  • The number of credits the student was enrolled in as of March 13, 2020 (excluding any credits for which a student may have been refunded due to the program not being able to offer that class to finish the semester).

For spring awards, a Pell Grant eligible student is eligible for a $100 base award in addition to the “per credit amount”.  All students, including those who are Pell Grant eligible, will receive $25/credit.

Example A

  • Student is enrolled in 18 credits for spring semester and is not Pell Grant eligible.
  • 18 credits x $25/credit = $450 award

Example B

  • Student is enrolled in 18 credits and is Pell Grant eligible.
  • Would receive $100 base award + 18 credits $25/credit = $550 award

A separate methodology will be used to determine awards for students enrolled in the summer semester.

For the remaining funds, we identified all students who were enrolled in Spring 2020 and had to move to an on-line environment to finish the semester, are enrolled at least half-time for the fall 2020 semester, have either a 2019-2020 FAFSA or 2020-2021 FAFSA on file, are maintaining Satisfactory Academic Progress (SAP), and met the basic eligibility requirements.  We divided the remaining funds by the number of eligible students.  This totaled $374. One student received the remaining $273.  Read the accompanying letter from LATC President Mike Cartney.  You can view a copy of the letter here.

7.) Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

An e-mail was sent to all students whom we had determined to be eligible for the grant based on the guidance received from the Department of Education.  If a student had completed a 2019-2020 FAFSA and met the student eligibility requirements under Section 484 of Title IV of the Higher Education Act.  You can view this e-mail here.

A separate e-mail was sent to all students whom we had determined met the basic eligibility requirements, but had not completed a 2019-2020 FAFSA.  These students were informed of the grant and instructed to complete the 2019-2020 FAFSA if they wanted to be further considered. You can view this e-mail here.

When a check has been generated for an eligible student and is prepared for mailing, a letter from LATC President Mike Cartney is included. You can view a copy of the letter here.