On March 27th, 2020, the federal government passed the Coronavirus Aid, Relief, and Economic Security (Cares Act) which established the Higher Education Emergency Relief Fund (HEERF). HEERF is to assist enrolled students and higher education institutions during the unprecedented financial crisis caused by the Coronavirus pandemic.
Laney College received CARES Act Relief Funding, and we returned to the Department of
Education the Certification and Agreement with the assurance that we intend 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.
Laney College was allocated a total of $3,313,470 of which 50% ($1,656,735) was designated for student emergency financial aid grants.
See the following for more information regarding the management of the CARES funding at Laney College.
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 April 12, 2020, Laney College has disbursed $1,412,300 of the CARES funds allocation to students.
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?
- There were 5,998 students who were eligible to receive funding.
What 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?
- There are 3,098 students who have received an emergency financial aid grant.
The method(s) was used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section18004(a)(1) of the CARES Act?
- Emergency Financial Aid Grants are distributed to students enrolled in the spring 2020 semester on March 10, 2020. This date coincides with the Peralta Community College District decision to move to remote and online programs and instruction due to COVID-19.
- Grant amounts range from $150 to $500 and are distributed based on enrollment status as well as a student’s level of financial need as defined by the 2019-2020 Free Application for Federal Student Aid (FAFSA) and California Dream Act Application (CADAA).
Instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
The following information outlines the emergency grant eligibility at Laney College:
- Students should have completed a 2019-2020 FAFSA or California Dream Act Application.
- Students should be enrolled for the Spring 2020 semester at Laney College and have at least one active class as of March 10, 2020.
- Students should be enrolled in at least one on-campus course for the Spring 2020 semester.
- Students who are 100 percent distance learning (fully online) class loads are ineligible for funding under CARES Act regulations.
A letter was sent to students and posted on the college’s financial aid webpage at https://laney.edu/financial_aid/wp-content/uploads/sites/149/2020/08/Laney-College-Financial-Aid-CARES-Act-Update.pdf
Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion, 18004(a)(2)
Click here to view and download the Q1 Budget PDF.
Click here to view and download the Q2 Budget PDF.
Click here to view and download the Q3 Budget PDF.
Click here to view and download the Q4 Budget PDF.
Click here to view and download the Q5 Budget PDF.
Click here to view and download the Q6 Budget PDF.
Click here to view and download the Q7 Budget PDF.