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CARES ACT RESPONSE

CARES Act Response

Below you will find Carver Career and Technical Education Center's institutional report on how it implemented and disbursed funding as it pertained to Section 18004(a)(1) of the CARES Act Grant Program.

Notice Created on: July 17, 2020

1.Carver has 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.

2. Carver will/has receive(d) the following in CARES Act funding.   Received - $153,991.50   Will receive - $153,991.50

3. Carver has disbursed:   June 18, 2020 - 153,992

4. Carver has 130 students who are Federal Student Financial Aid eligible.

5. Carver has disbursed the grant to 130 students.

6. Carver equally disbursed the funding to all eligible students.  The minimum each student received was $1,184.

7. An eligible student, as defined by Carver, is a student who:  

A. Is A Citizen or permanent resident of the United States.  

B. Is enrolled in a full time program at carver, prior to March 16, 2020.  

C. Is maintaining Satisfactory Academic Progress (SAP).  

D. Is adhering to their program requirements (distance/on- line/packet) as defined by their instructors and is successfully participating in that class OR has met their program graduation requirements between April 1st, 2020 and June 25th, 2020.

E. Otherwise was eligible to receive Federal Student Title IV Aid.

Guidance from the Federal government indicates that these funds will NOT be considered taxable income and will not impact a student’s eligibility for other Federal or State benefits a student may be entitled to.

Notice: 45 Day Update

1.Carver has 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.

2. Carver has received the second installment of  - $153,991

3. Carver disbursed to students:   September 8, 2020 - $89,207

4. Carver has 103 students who are Federal Student Financial Aid eligible.

5. Carver has disbursed the grant to 103 full-time students.

6. Carver equally disbursed the funding to all full-time eligible students.  The amount each student received was $866. See additional disbursements or expenses below.

  a. Student missed in previous disbursement: $1,184

  b. 2 Reduced hour students: $216 for total of: $432 

  c. Operational expenses due to COVID19: $63,167

7. An eligible student, as defined by Carver, is a student who:  

A. Is A Citizen or permanent resident of the United States.  

B. Is enrolled in a full time program at carver, prior to March 16, 2020.  

C. Is maintaining Satisfactory Academic Progress (SAP).  

D. Is adhering to their program requirements (distance/on- line/packet) as defined by their instructors and is successfully participating in that class OR has met their program graduation requirements between April 1st, 2020 and June 25th, 2020.

E. Otherwise was eligible to receive Federal Student Title IV Aid.

Guidance from the Federal government indicates that these funds will NOT be considered taxable income and will not impact a student’s eligibility for other Federal or State benefits a student may be entitled to.

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