Cares Act Relief Grant
NEW TYLER BARBER COLLEGE, INC.
CARES ACT REPORTING ON EMERGENCY FINANCIAL AID GRANTS TO STUDENTS
On March 27, 2020, the Federal government enacted the Coronavirus Aid, Relief and Economic Security Act (CARES Act), Pub L. No. 116-136, providing funds to institutions from the Higher Education Emergency Relief Fund (HEERF) to make Emergency Financial Aid Grants to Students for expenses related to the disruption of campus operations due to coronavirus, including eligible expenses under student’s cost of attendance, such as food, course materials, technology, health care, and child care. The law requires institutions to report certain information related to the use of these funds. The following information is reported for the period, April 28, 2020 to May 28, 2020.
This statement shall serve to acknowledge that our institution signed and returned to the U.S. Department of Education the Certification and Agreement Emergency Financial Aid Grants to Students. We further attest that our institution has used and/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.
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 is $49,862.00.
The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of May 21, 2020, is $_______________________.
The estimated total number of students at our 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 is _____________.
The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act to date is ____________.
The following method is used by our institution to determine which students receive Emergency Financial Aid Grants and how much each student has received/will receive under Section 18004(a)(1) of the CAREs Act.
PROVIDE DESCRIPTION: New Tyler Barber College’s method used to determine which students received Emergency Financial Aid Grants was based on our Current Attendance Policy of 68% attendance now through our online distance learning program offered since April 19, 2020. This Policy will still remain in place after students return back to the physical building once a return date is determined. New Tyler Barber College determined how much funding to allocate these funds based upon the eligible students’ 2017 Tax Return used to determine FAFSA eligibility for year 2019/2020.
The following instructions/directions/guidance was/will be provided by our institution to students concerning the Emergency Financial Aid Grants,
PROVIDE DESCRIPTION: All students are being informed via e-mail, telephone, Band App on the _________________ of each month that an Emergency Financial Aid Grant check is available for pick up at our school located at 1221 Bishop Lindsey Ave, North Little Rock, AR. They are to sign and date the form explaining the HEERF under the CARES Act. This form also includes a copy of the received check. These funds will be made available monthly for our students.