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CARES Act HEERF Institutional Portion Reporting

HEERF III – American Rescue Plan Act (ARPA)

The Higher Education Emergency Relief Fund III (HEERF III) is authorized by the American Rescue Plan (ARP), Public Law 117-2, signed into law on March 11, 2021, providing $39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic. This funding comes with a new formula requiring approximately half of the funding to be used by each institution to provide direct relief to students. Lake Area Technical College was allocated a total of $5,045,591 under Section 18004(a)(1). Pursuant to the Certification and Agreement for Emergency Financial Aid Grants to Students, $2,588,630 will be distributed directly to eligible students. The Certification and Agreement for the Institutional Portion states that the remaining funds may be used to cover institutional costs associated with coronavirus, among other things, support vulnerable students, monitor and suppress the coronavirus, and reengage students whose education was disrupted by the pandemic.

HEERF III – ARPA Quarterly Report Posting 06.30.2021 – Link to report here.

HEERF III – ARPA Quarterly Report Posting 09.30.2021 – Link to report here.

HEERF III ARPA Quarterly Report Posting 12.31.2021 – Link to report here.

HEERF III ARPA Quarterly Report Posting 03.31.2022 – Link to report here.

HEERF II – CRRSAA

The Higher Education Emergency Relief Fund II (HEERF II) is part of the federal government’s Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) that was passed by Congress and signed into law on December 27, 2020. Lake Area Technical College was allocated a total of $2,943,424.  The CRRSAA requires that an institution receiving funding under section 314(a)(1) provide the “same amount” in financial aid grants to students from the new CRRSAA funds that it was required or which it would have been required to provide under its original CARES Act Student Aid Portion award. Lake Area Technical College disbursed $885,925 of HEERF II funds directly to students on February 23, 2021 to eligible students. The institution may use the supplemental institutional portion funds ($2,059,343) to defray expenses associated with the coronavirus pandemic.   

HEERF II – CRRSAA Quarterly Report Posting 03.31.2021 – Link to report here.

HEERF II – CRRSAA Quarterly Report Posting 06.30.2021 – Link to report here.

HEERF II – CRRSAA Quarterly and Final Report Posting 09.30.2021 – Link to report here.

HEERF I – CARES Act

Lake Area Technical College was allocated a total of $1,768,161 under Section 18004(a)(1). Pursuant to the Certification and Agreement for Emergency Financial Aid Grants to Students, at least $884,081 will be distributed directly to eligible students impacted by campus disruptions due to the coronavirus. The Certification and Agreement for the Institutional Portion states that the remaining $884,080 may be used to cover institutional costs associated with the coronavirus.

HEERF I – CARES Act Quarterly and Final Report Posting 10.31.2020 – Link to report here.