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Coronavirus Aid, Relief, and Economic Security (CARES) Act



Quarterly Budget and Expenditure Reporting under CARES Act Sections 18804(a)(1) Institutional Portion, 18004(a)(2), and 18004(a)(3), if applicable

 

 


 

Previous CARES Act Reporting

As of June 30, 2020

As a recipient of CARES Act funding, the U.S. Department of Education requires the posting of the following information:

  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.

    LeTourneau University 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. This certification was completed on April 20th, 2020.

  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.

    LeTourneau University has been allocated $525,186 for Emergency Financial Aid Grants to Students.

  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 19, 2020, LeTourneau University has distributed $127,513 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act (as of the 30-day Report).

    As of June 30, 2020, LeTourneau University has distributed a total of $285,668 in Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act (as of the subsequent 45 day report following the initial 30-day report)

  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.

    LeTourneau University has approximately 825 students 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. LeTourneau University has deemed the eligibility for Title IV funds to be determined by the institution as those students who have submitted a FAFSA for the 19/20 year.

  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 19, 2020, 120 students have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act.

    As of June 30, 2020, a total of 258 students have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act (as of the subsequent 45 day report following the initial 30-day report).

  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.

    LeTourneau University has determined that students in the traditional program who have filed a FAFSA for the 19/20 year are eligible to be included in the Emergency Financial Grant program administered as part of the CARES Act. An application method is being used to determine eligibility based for the Emergency Grant funds. Students eligible for the funds were sent a link to a simple application allowing students to request funds to reimburse themselves for expenses incurred to the disruption in their education as a result of COVID-19. A maximum award of $2000 per student has been established to facilitate funding to be distributed across the eligible population.

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

    The following email was sent to students who potentially would be eligible to receive this grant.

    As a part of the CARES Act, LeTourneau University has been given an allocation of grant funds to disburse to students who have experienced temporary financial hardship directly related to the changes in campus operations due to COVID-19.

    According to the factors set forth by the Department of Education, you are eligible to apply for these grant funds. In order to apply for a grant to assist you with expenses that you have incurred during this challenging time, please complete the CARES Act Emergency Aid Application Form through this Dynamic Form link.

    The maximum grant that will be awarded is $2,000 per student. Please note that these funds are limited. Completion of this application does not guarantee receipt of grant funds.

    In an effort to get these funds to students who need it in a timely manner, a deadline of May 8th has been established for applications to be received for consideration. All applications received by this deadline will be reviewed and acted upon by the LeTourneau University CARES Act Grant Committee during the week of May 11th.

    Thank you,

    Ronda Burrows
    Senior Director for Student Financial Services

    A second email was sent on 5/29/20 to students who potentially would be eligible to receive this grant and who had not submitted an application during the first round of applications.

    As a part of the CARES Act, LeTourneau University has been given an allocation of grant funds to disburse to students who have experienced temporary financial hardship directly related to the changes in campus operations due to COVID-19.

    According to the factors set forth by the Department of Education, you are eligible to apply for these grant funds. In order to apply for a grant to assist you with expenses that you have incurred during this challenging time, please complete the CARES Act Emergency Aid Application Form through this Dynamic Form link.

    The maximum grant that will be awarded is $2,000 per student. Please note that these funds are limited. Completion of this application does not guarantee receipt of grant funds.   

    This is the second distribution of this opportunity to apply for these funds.  The University does still have funds to distribute. 

    Please submit your application by June 15th.  All new applications submitted will be reviewed after this deadline by the LeTourneau University CARES Act Grant Committee.

    Please note that per guidance from the Department of Education, future expenses are not qualifying expenses due to the disruption in campus operations (including upcoming tuition and fees). 

    Thank you, 

    Ronda Burrows
    Senior Director for Student Financial Services