Higher Education Emergency Relief Fund (HEERF) Reporting

HEERF III: American Rescue Plan (ARP) Act

Report and Disclosure

American Rescue Plan (ARP) Act | Higher Education Emergency Relief Fund Reporting
Emergency Financial Aid Grants to Students - Fox Valley Technical College
Quarterly Report and Disclosure Requirement (to be published by April 10, 2022)

The ARP Act Higher Education Emergency Relief Fund provides funding to institutions for emergency financial aid grants to assist eligible students with exceptional financial need and other educational related expenses incurred as a result of the coronavirus pandemic.

Fox Valley Technical College’s ARP Act grant reporting for the quarter ending March 31, 2022 is as follows:

  1. Fox Valley Technical College (FVTC) acknowledges it signed and returned to the U.S. Department of Education the Certification and Agreement on April 13, 2020 for funds received under Section 18004(a)(1) of the CARES Act and gives assurance that it will distribute Emergency Financial Aid Grants to students under Section 2003(a)(1) of the American Rescue Plan (ARP) Act.
  2. The total amount of funds FVTC received from the U.S. Department of Education for distribution to students under ARP is $5,841,060. $2,633,640 was distributed during this reporting period (January 1 - March 31, 2022).
  3. The total amount of Emergency Financial Aid Grants distributed to students under Section 2003(a)(1) of ARP as of March 31, 2022 is $3,207,420.
  4. The estimated total number of FVTC students eligible to receive Emergency Financial Aid grants under Section 2003(a)(1) of ARP is 8,298 as of March 31, 2022.
  5. The total number of students who have applied for and received an Emergency Financial Aid Grant under Section 2003(a)(1) of ARP as of March 31, 2022 is 4,110. 800 awards were made this quarter (January 1 – March 31, 2022).
  6. The FVTC HEERF task force established the distribution method for Emergency Financial Aid Grants and the amount of such grants:
      1. Pell-eligible (0 – 5,711 EFC):
          1. Full-time (12+ credits): $1,440
          2. Three-quarter-time (9 – 11 credits): $1,200
          3. Half-time (6 – 8 credits): $960
          4. Less-than-half-time (1 – 5 credits): $360
      2. Non-Pell-eligible (5,712 – 20,000 EFC):
          1. Full-time: $960
          2. Three-quarter-time: $800
          3. Half-time: $640
          4. Less-than-half-time: $240
      3. Online Application: All students will have the opportunity to apply for funding through an application process. Students completing this application will be considered for a grant through the ARP Grant Funding to pay for emergency costs that arose due to the Coronavirus pandemic that are considered as part of the Cost of Attendance (tuition, books, room and board, transportation and/or personal expenses). Applications will be reviewed on a case-by-case basis and may have required documentation for substantiation. 
  7. The instructions, directions, and guidance provided by FVTC to all students concerning the Emergency Financial Aid Grants were sent via College email and text messaging. Instructions on how to complete the ARP Fund application are provided within the email and on the FVTC American Rescue Plan Grant page (https://www.fvtc.edu/support-services/emergency-resources/arp-grant). Information includes:
      1. The purpose of funding;
      2. How students receive funding (electronic funds transfer or paper check mailed to their permanent address on record);
      3. Expectation that the money is used for purposes awarded;
      4. How to apply for funding (link to online application form);
      5. Whom to contact with questions.

The Internal Revenue Service (IRS) has determined these funds are not taxable.

Previous ARP Reports - Student Portion

 

Institutional Portion

The ARP Higher Education Emergency Relief Fund provides funding to institutions to cover institutional costs associated with expenses due to the coronavirus.

  1. Fox Valley Technical College (FVTC) acknowledges it signed and returned to the U.S. Department of Education on April 22, 2020 the Certification and Agreement for the Institutional Portion of the Higher Education Emergency Relief Fund Formula Grants Authorized by Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
  2. The total amount of funds awarded to FVTC from the U.S. Department of Education for institutional expenses is $6,505,662.

ARP Act Institutional Portion Quarterly Report

Previous ARP Quarterly Reports:
HEERF Report Q2 2021
HEERF Report Q3 2021
HEERF Report Q4 2021

HEERF II: Coronavirus Response & Relief Supplemental Appropriations Act (CRRSAA)

Report and Disclosure
***FINAL report that covers all remaining HEERF fund expenditures for Section 314(a)(1) Student Portion funds.***

Coronavirus Response & Relief Supplemental Appropriations Act (CRRSAA) | Higher Education Emergency Relief Fund Reporting
Emergency Financial Aid Grants to Students - Fox Valley Technical College
***FINAL*** Quarterly Report and Disclosure Requirement (to be published by June 30, 2021)

The CRRSAA Higher Education Emergency Relief Fund provides funding to institutions for emergency financial aid grants to assist degree seeking students enrolled in Spring 2021 classes who have “exceptional need” with their account balance or with emergency costs that fall within the categories of the Cost of Attendance (such as food, housing, course materials, technology, health care and child care) that have directly resulted from the Coronavirus pandemic.

Fox Valley Technical College’s CRRSAA grant reporting for the quarter ending March 31, 2021 is as follows:

  1. Fox Valley Technical College (FVTC) acknowledges it signed and returned to the U.S. Department of Education the Certification and Agreement on April 13, 2020 for funds received under Section 18004(a)(1) of the CARES Act and gives assurance that it will distribute Emergency Financial Aid Grants to students under Section 314(a)(1) of the Coronavirus Response & Relief Supplemental Appropriations Act (CRRSAA).
  2. The total amount of funds FVTC received from the U.S. Department of Education for distribution to students under CRRSAA is $1,299,408.
  3. The total amount of Emergency Financial Aid Grants distributed to students under Section 314(a)(1) of CRRSAA as of March 31, 2021 is $1,299,408.
  4. The estimated total number of FVTC students eligible to receive Emergency Financial Aid grants under Section 314(a)(1) of CRRSAA is 9,163 as of March 31, 2021.
  5. The total number of students who have applied for and received an Emergency Financial Aid Grant under Section 314(a)(1) of CRRSAA as of March 31, 2021 is 1,496.
  6. The FVTC HEERF task force established the distribution method for Emergency Financial Aid Grants and the amount of such grants:
      1. $1,250 for Spring 2021 for Pell-eligible students with 0 EFC.
      2. $750 for Spring 2021 for Pell-eligible students with 1 – 5,711 EFC.
      3. $500 for Spring 2021 for non-Pell eligible students with 5,712 - 20,000 EFC.
      4. $250 for Spring 2021 through an online application process.
        Students who were not eligible for a baseline grant due to having an EFC (expected family contribution as determined on the 2020-2021 FAFSA) at or above 20001 have the option of applying for CRRSAA Grant funding in the amount of $250 via an application process: 
        CRRSAA Grant Funding Request Form. Students completing this application were considered for a $250 grant through the CRRSAA Grant Funding to pay for emergency costs that arose due to the Coronavirus pandemic that are considered as part of the Cost of Attendance (tuition, books, room and board, transportation and/or personal expenses). Applications were reviewed on a case-by-case basis and may have required documentation for substantiation.
  7. The instructions, directions, and guidance provided by FVTC to all students concerning the Emergency Financial Aid Grants were sent via College email and text messaging. Instructions on how to complete the CRRSAA Fund application are provided within the email and on the CRRSAA website (https://www.fvtc.edu/support-services/emergency-resources/crrsaa-act). Information includes:
      1. The purpose of funding;
      2. How students receive funding (electronic funds transfer or paper check mailed to their permanent address on record);
      3. Expectation that the money is used for purposes awarded;
      4. How to apply for funding (link to online application form);
      5. Whom to contact with questions.

The Internal Revenue Service (IRS) has determined these funds are not taxable.


Institutional Portion

The CRRSAA Higher Education Emergency Relief Fund provides funding to institutions to cover institutional costs associated with expenses due to the coronavirus.

  1. Fox Valley Technical College (FVTC) acknowledges it signed and returned to the U.S. Department of Education on April 22, 2020 the Certification and Agreement for the Institutional Portion of the Higher Education Emergency Relief Fund Formula Grants Authorized by Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
  2. The total amount of funds awarded to FVTC from the U.S. Department of Education for institutional expenses is $6,152,761.

CRRSAA Institutional Portion Quarterly Report

Previous CRRSAA Quarterly Reports:
HEERF Report Q1 2021
HEERF Report Q2 2021
HEERF Report Q3 2021
HEERF Report Q4 2021

HEERF I: Coronavirus Aid, Relief, and Economic Security (CARES) Act

Report and Disclosure
***FINAL report that covers all remaining HEERF fund expenditures for Section 18004(a)(1) Student Portion funds.***

Coronavirus Aid, Relief, and Economic Security (CARES) Act | Higher Education Emergency Relief Fund Reporting
Emergency Financial Aid Grants to Students - Fox Valley Technical College
***FINAL*** Quarterly Report and Disclosure Requirement (to be published by April 10, 2021)

The CARES Act Higher Education Emergency Relief Fund provides funding to institutions for emergency financial aid grants to students for student 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 child care).

Fox Valley Technical College’s grant reporting for the quarter ending March 31, 2021 is as follows:

  1. Fox Valley Technical College (FVTC) acknowledges it signed and returned to the U.S. Department of Education the Certification and Agreement on April 13, 2020 and gives the assurance that FVTC will use no less than 50% of the funds received under section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
  2. The total amount of funds FVTC received from the U.S. Department of Education for distribution to students is $1,299,408.
  3. The total amount of Emergency Financial Aid Grants distributed to students under section 18004(a)(1) of the CARES Act as of March 31, 2021 is $1,299,408; $1,915.13 of which was disbursed since the last quarter ending December 31, 2020.
  4. The estimated total number of FVTC students eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, and thus eligible to received Emergency Financial Aid grants to students Section 18004(a)(1) of the CARES Act is 5,697 as of March 31, 2021.
  5. The total number of students who have applied for and received an Emergency Financial Aid Grant under section 18004(a)(1) of the CARES Act as of March 31, 2021 is 1,222.
  6. FVTC formed a task force to establish the online application method to guide which students were to receive Emergency Financial Aid Grants and the amount of such grants.
  7. The instructions, directions, and guidance provided by FVTC to all students concerning the Emergency Financial Aid Grants were sent via College email and text messaging. Instructions on how to complete the CARES Fund application are provided within the email and on the FVTC Emergency Aid application (www.fvtc.edu/fvtccares). Information includes:
      1. The purpose of funding;
      2. How students receive funding (electronic funds transfer or paper check mailed to their permanent address on record);
      3. Expectation that the money is used for purposes awarded;
      4. How to apply for funding (link to online application form);
      5. Whom to contact with questions.

The Internal Revenue Service (IRS) has determined these funds are not taxable.

Previous CARES Reports - Student Portion

 

Institutional Portion

The CARES Act Higher Education Emergency Relief Fund provides funding to institutions to cover institutional costs associated with significant changes to the delivery of instruction due to the coronavirus.

  1. Fox Valley Technical College (FVTC) acknowledges it signed and returned to the U.S. Department of Education on April 22, 2020 the Certification and Agreement for the Institutional Portion of the Higher Education Emergency Relief Fund Formula Grants Authorized by Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
  2. The total amount of funds awarded to FVTC from the U.S. Department of Education for institutional expenses is $1,299,408.

FINAL CARES Institutional Portion Quarterly Report

Previous CARES Quarterly Reports