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CARES Act Reporting

Acknowledgment of Funding and Certification | Total Award | Funds Distributed to Date | Student Eligibility | Total Student Awards Made | Methods Used to Determine Which Students Receive Aid and How Much | Instructions or Directions Given to the Students

Introduction

Landmark College is required to provide regular reporting to the U.S. Department of Education (ED) on the use of funds authorized by the CARES Act. Funds received by Landmark College under the CARES Act were authorized by Congress and signed into law by the President on March 27, 2020. The information noted below is intended to not only meet the reporting requirements of the CARES Act but also provide information to our college community regarding Landmark College’s use of the student grant portion of the Higher Education Emergency Relief Fund (HEERF).

Section 18004(e) of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or the “Act”), Pub. L. No. 116-136, 134 Stat. 281 (March 27, 2020), directs institutions receiving funds under Section 18004 of the Act to submit (in a time and manner required by the Secretary) a report to the Secretary describing the use of funds distributed from the HEERF. Section 18004(c) of the CARES Act requires institutions to use no less than 50 percent of the funds received from Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance such as food, housing, course materials, technology, health care, and childcare). On April 9, 2020, the ED published documents related to the Emergency Financial Aid Grants, including a letter from Secretary Betsy DeVos, a form Certification and Agreement for signing and returning by institutions to access the funds, and a list of institutional allocations under 18004(a)(1).

The Certification and Agreement directs each institution applying for HEERF funds to comply with Section 18004(e) of the CARES Act and submit an initial report (the “30-day Fund Report”) to the Secretary thirty (30) days from the date of the institution’s Certification and Agreement to ED. Each HEERF participating institution must post the information listed below on the institution’s primary website. The following information must appear in a format and location that is easily accessible to the public 30 days after the date when the institution received its allocation under 18004(a)(1) and updated every 45 days thereafter.

Acknowledgement of Funding and Certification

Landmark College acknowledges that the institution’s authorized representative signed and returned to the Department of Education (Department) the Recipient’s Funding Certification and Agreement to Students under the CARES Act. Landmark College gives its 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.

Total Award

Landmark College has been awarded a total of $210,585 under Section 18004(a)(1) of the CARES Act. The US Department of Education issued Award No. P425E200573 for a total amount of $105,429 which will be provided directly to students impacted by campus disruptions due to coronavirus.

Award Information

Number: P425E200573

Title: CARES Act: Higher Education Emergency Relief Fund Landmark College Student Portion

Budget Period: 04/28/2020 – 04/27/2021

Award Amount: $105,429

CFDA: 84.425E

Funds Distributed to Date

The total amount of funds that Landmark College has been awarded from the Department pursuant to Landmark College’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $105,429. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act from the date of submission, April 13, 2020, through the close of business on June 29, 2020, is $3,500.00.

UPDATE: The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act from the date of submission, April 13, 2020, through the close of business on August 27, 2020, is $89,150.

Student Eligibility

The estimated total number of Landmark College 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 is 250. This estimate is based on the number of students who submitted the Free Application for Federal Student Aid (FAFSA).

Total Student Awards Made

The total number of Landmark College students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act from April 28,2020, through the close of business on June 29, 2020 is 6.

UPDATE: The total number of Landmark College students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act from April 28,2020, through the close of business on August 27, 2020 is 159.

Methods Used to Determine Which Students Received Aid and How Much

In accordance with the Secretary of Education’s instructions for institutions to issue aid to students as soon as possible under the student aid portion of the CARES Act, Landmark College posted notice of the CARES Act, along with the Application Form, on the Landmark College’s Financial Aid webpage on June 3, 2020 and emailed students receiving automatic awards on June 3, 2020. The application was also posted on June 3, 2020.

Based on student’s FASFA, automatic awards were made. Students who had an Estimated Family Contribution (EFC) of $0 – $40,000 as determined on their FAFSA were automatically awarded funds based on the tiers below.

EFC of $0 – $20,000 $650 award 111 students
EFC of $20,001 – $30,000 $450 award 25 students
EFC of $30,001 – $40,000 $250 award 23 students

Students were notified by email of these awards on June 3, 2020.

Students with EFCs of greater than $40,000 can apply for up to $250.

Students who received an automatic award also may apply for an additional $250 award provided they can document costs that exceed the total amount they may be awarded.

Funds will be awarded on a first come basis until all funds have been distributed.

Applications will be received by Landmark College’s Financial Aid Office and will be reviewed by the CARES Act Student Distribution Review Committee. Criteria to be considered for approval are:

  • clearly demonstrated expenses related to COVID-19;
  • student meets all eligibility requirements under HEERF (see Appendix 1); and
  • the amount, if any, of other emergency funding the student has received.

Students will be notified via their Landmark email address of approval or denial no later than 3 weeks from the date of their application.

Links to Landmark College’s CARES ACT Documents

The Landmark College CARES Act Emergency Funds for Students webpage includes a link to the CARES Act Emergency Funds Application and a list of FAQs. This information was emailed to all students, faculty, and staff on June 29, 2020. Copies of the informational materials provided to students include the following, which are linked to this report in the order listed:

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