As a requirement of the CARES Act (HEERF) the following disclosures are provided. This information includes the allocation and criteria of student selection.
- East Arkansas Community College acknowledges that it has signed and returned to the Department of Education 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.
- 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 Student: East Arkansas Community College, as part of the CARES Act (HEERF), has received $420,111 for student emergency grants. 100% of these funds have been given to students directly in cash payment via paper checks through US Mail.
- 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 6/23/2020, $422,290 has been sent out to students via paper check payments through US Mail.
- 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: The Department of Education has stated that eligibility for this grant includes students who are Title IV eligible and were not enrolled in an exclusively online program as of March 13th, 2020. Counting students who are title IV aid eligible and were not enrolled in an exclusively online program as of March 13th, 2020, the total number of students at East Arkansas Community College who meet these criteria is 622.
- The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act: Total number of students awarded CARES Act grants as of 5/22/2020 is 500.
- 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: East Arkansas Community College is pleased to be able to distribute Emergency Student Grants funded by the CARES Act (HEERF). The College follows all federal guidelines with the methodology of distribution. All students must be eligible as described in item 4 above. Below is listed the four ascending criteria for student distribution.
All identified eligible students received grant fund payments at the rate of $40 per enrolled credit hour for the Spring 2020 semester term, with a maximum grant per student of $600.
All identified eligible students with an EFC of less than $5,000 were awarded additional grant fund payments at the rate of $30 per enrolled credit hour for the Spring 2020 semester term up to a maximum of 15 credit hours.
All identified eligible students were awarded $40 per enrolled credit hour for the Summer I 2020 semester.
- Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants: Students are not required to complete any application to receive these funds. All students who are receiving a CARES Act grant will be emailed a certification notice that will clarify what their grant allocation is and reminders on how the Department of Education has instructed these funds to be used. This certification will also instruct students what these funds are intended to be used for and to return these dollars if the student does not have need.
CARES Quarterly Report through September 30, 2020
CARES Quarterly Report through December 31, 2020
CARES Quarterly Report through September 30, 2021
CARES Quarterly Report through December 31, 2021
CARES Quarterly Report through March 31, 2021
CARES Quarterly Report through June 30, 2022
CARES Quarterly Report through September 30, 2022
CARES Quarterly Report through September 30, 2022 Revised
CARES Quarterly Report through March 23, 2023
CARES Quarterly report through June 30, 2023 Revised Final
