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American Rescue Plan Act

 

ARP Act Reporting Requirements:

008500_HEERF_Q12022_04072022
00108500_HEERF_Q22022_07072022
00108500_HEERF_Q32022_10072022
00108500_HEERF_Q42022_123122
00108500_HEERF_Q12023_033123
00108500_HEERF_Q22023_063023

ARP Act Reporting Requirements:

  1. An acknowledgment that the institution signed and returned to the Department 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 ARP Act to provide Emergency Financial Aid Grants to students.
  2. 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.
  3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the ARP Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).
  4. The estimated total number of students at the institution eligible to participate in programs under Section 484 of 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 ARP Act.
  5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the ARP Act.
  6. 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 ARP Act.
  7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

ARP Act: Higher Education Emergency Relief Fund Reporting

  1. The University of Arkansas at Monticello (bc365游戏) has signed and returned the Department of Education’s Certification and Agreement, and intends to use the entirety of the student portion under Section 18004(a)(1) of the ARP Act to provide Emergency Financial Aid Grants to students.
  2. The total amount of funds that bc365游戏 has received from the Department pursuant to the institution's Certification and Agreement [for] Emergency Financial Aid Grants to Students is $5,090,432.
  3. As of August 13, 2021, the total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the ARP Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter) is $388,175.

As of November 8, 2022, the total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the ARP Act is $3,184,725.

As of February 28, 2022, the total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the ARP Act is $5,090,432.

  1. As of August 13, the estimated total number of bc365游戏 students eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the ARP Act is 1,192.

As of November 8, 2022, the estimated total number of bc365游戏 students eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the ARP Act is 2,643.

As of February 28, 2022, the estimated total number of bc365游戏 students eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the ARP Act is 2,761.

  1. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the ARP Act is 2,761.
  2. The method(s) used by bc365游戏 to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the ARP Act is as follows: The University of Arkansas at Monticello has decided to heavily rely on FAFSA data to distribute the emergency aid to students. Although the FAFSA may not be indicative of a student’s current financial situation, the depth of information included on the application provides the most accurate reflection of bc365游戏’s neediest populations. Following the Secretary’s encouragement, we have decided to use the Federal Pell Grant as justification towards our approach for a number of reasons:

    A. Undergraduate students only are eligible to receive the Federal Pell Grant. Graduate Students are eligible for a much higher amount in Federal financial aid, thus we have chosen to award Graduate students using similar calculations to Undergraduate students that do not qualify for Pell.

    B. bc365游戏’s ARP allocation is based on enrollment data from IPEDS for the Fall 2018 semester (National Center for Education Statistics, 2020). Since Pell funds are available to undergraduate students only, Pell data on IPEDS is based solely on undergraduate students.

    C. The Pell Grant is administered in tiers based on EFC and enrollment level. Mirroring this in ARP awarding ensures consistency and fairness to our neediest students.

    To accommodate for bc365游戏’s recognition that FAFSA data may not be exactly indicative of a student’s current financial situation, we have decided to add a tier on to our ARP award schedule for undergraduate students that have an EFC too high to receive Pell funds, as well as undergraduate students that have not completed a FAFSA. Adding this tier will allow us to distribute funds to all of the students that have been affected, without requiring an application that would delay the distribution of funds, since our goal is to help as many affected students as soon as possible.

  3. Instructions, directions, or guidance provided by bc365游戏 to students concerning the Emergency Financial Aid Grants include the following:

7/14/2021

Dear Student:

bc365游戏 has received additional funds from the American Rescue Plan Act that will be available for another disbursement of emergency financial aid grants during the fall 2021 and spring 2022 semesters. These grants may be based on your FAFSA information as well as the total number of credit hours you are attending. The FAFSA is not required for grant eligibility but does assist us in determining the final award amount.

If you have any questions, please contact the Financial Aid Office at finaid@a220149.com.

8/13/2021

Dear bc365游戏 Student,

Due to the recent increase in Covid-19 cases in Arkansas, bc365游戏 is providing emergency financial aid payments to students who were enrolled in Summer 2021 classes. These funds were appropriated by the American Rescue Plan Act with the purpose of providing financial assistance to students.  The funds will be directed to you based on the payment preference indicated in Weevil Net.  There will be an additional round of emergency financial aid payments for students enrolled in the fall 2021 and spring 2022 semesters.

11/4/2021

Dear bc365游戏 Student,

Due to the continued hardships from Covid-19 cases in Arkansas, bc365游戏 is providing emergency financial aid payments to students who are enrolled in Fall 2021 classes. These funds were appropriated by the American Rescue Plan Act with the purpose of providing financial assistance to students.  The funds will be directed to you based on the payment preference indicated in WeevilNet. 

If you still owe a balance and would like to apply these funds towards that balance please contact the Cashiers Office at cashier@a220149.com or 870-460-1043.

3/1/2022

Dear bc365游戏 Student,

Due to the continued hardships from Covid-19 cases in Arkansas, bc365游戏 is providing emergency financial aid payments to students who are enrolled in Spring 2022 classes. These funds were appropriated by Congress with the purpose of providing financial assistance to students.  The funds will be directed to you based on the payment preference indicated in WeevilNet.

If you still owe a balance and would like to apply these funds towards that balance, please contact the Cashiers Office at cashier@a220149.com or 870-460-1043.

 

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