CARES Distribution
CARES Distribution
The Higher Education Emergency Relief Fund authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law on March 27, 2020 and funds were distributed to institutions of higher education to address the disruptions caused by COVID-19.
LA Pierce College has signed the Department of Education Certification and Agreement for receipt of the CARES Act. The College has been allocated $7,694,796 and is in receipt of $3,847,398 for distribution to students in direct aid. Based on the guidelines from the Department of Education, students must be eligible for Title IV financial aid and not be enrolled in exclusively online courses. LA Pierce College has approximately 7,936 eligible for CARES Act funding.
Direct aid is intended for students whose lives have been impacted by the coronavirus and must be used for expenses related to the disruptions due to the coronavirus, such as food, housing, course materials, technology, health care, and childcare expenses.
LA Pierce College has prioritized those students with identified financial need and the initial awards of $2,018,700 were distributed to 6,729 students at $300 per student who met the following requirements:
- Active for the spring semester,
- Pell eligible,
- Not enrolled in exclusively online courses.
Additional awards in the amount of $148.57 have been provided to all students meeting the criteria noted above.
New awards in the amount of $448.57 have been provided who met the following criteria of:
- Active for the spring semester,
- Title IV Eligible,
- Not enrolled in exclusively online courses.
Total students awarded from the CARES Fund direct aid to students were 8,601 totaling $3,847,398.00.
Quarterly Budget & Expenditure Reports
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Updated 1/21/21