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Higher Education Emergency Relief Fund Reporting – Student and Institutional Grants

United States Department of Education, Secretary Betsy DeVos. Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
 

CARES Student Grants Report

Current version updated: 8/14/20

First posted: 5/19/20

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CARES Institutional Grants Report

Current version updated: 8/14/20

First posted: 8/14/20

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CARES Student Grants Report

Information as of: 8/14/20

1. Certification and Agreement for CARES Act Funds

Pikes Peak Community College acknowledges that they have signed and returned the official Certification and Agreement for CARES Act funds to the US Department of Education. The College 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. Total Funds Received

Pikes Peak Community College has received $3,771,889 in total funds pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students.

3. Amount of Grants Awarded

The total amount of Emergency Financial Aid Grants awarded to students under Section 18004(a)(1) of the CARES Act as of August 14, 2020 is $3,424,750. The amount of funds that have been dispersed to students $1,081,150.

4. Eligible Students   

The estimated total number of students at Pikes Peak Community College eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is 7,486.

5. Number of Grants Awarded    

Pikes Peak Community College has awarded 3,539 student grants under Section 18004(a)(1) of the CARES Act. Of those students, 966 have received their funds.

6. Disbursement Plan 

Coronavirus Aid, Relief, and Economic Security (CARES) Act

RE: Pikes Peak Community College Plan for Disbursement of $3,771,889 in Direct Student Aid

Methods used for selection of students include first determining eligibility. If students are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, they can also receive CARES funds.

Summer Semester 2020

Emergency Relief | $194,750 (5.2%)

Target Group: Students enrolled in Spring 2020 and Summer 2020 terms who were negatively impacted by COVID-19. (leftover funds rolling into Fall term)

Award: Up to $700 grants for students needing help with the following:

  • Cost of Education
  • Food insecurities
  • Housing insecurities
  • Technology for online classes*
    • * $75,050 of the funding is specifically for acquiring and distributing laptop computers for students.

Qualifying students: Students enrolled during Spring, Summer, and Fall semesters (as funding remains available).

Outreach method: Electronic application shared via texts, email, social media, College website, and Faculty & Staff referrals.

Disbursement: Posted directly to student accounts

Award availability: $194,750 ($119,700 in scholarships and $75,050 in computers)

Summer 2020 Momentum Scholarships | $1,000,000 (26.5%)

Target Group: (student groups will be included in phases depending on availability of funds)

  • Phase 1 - Those students enrolled spring 2020 as of March 13, 2020, who submitted a FAFSA, and who are currently in good standing.
  • Phase 2 - Those students enrolled spring 2020 as of March 13, 2020, and who are currently in good standing, and those students who applied to PPCC by March 13, 2020 and who have applied for financial aid.

Award: $1,000 scholarships available for enrollment in Summer term*

Qualifying Students: Students indicating their education was disrupted by Covid-19, who are eligible to apply for Title IV aid, and who were not 100% online for Spring 2020.

Outreach Method: Email, with form indicating need, sent to student group identified above.

Disbursement: Aid posted to student account, processed through student accounts (this scholarship would not impact other aid).

Award Availability: Total of $1,000,000 (awarded until funds expended, may consider over-awarding based on historical drop rates).

Fall Semester 2020

Fall 2020 Momentum Scholarships | $2,577,139 (68.3%)

Target Group: (student groups will be included in phases depending on availability of funds)

  • Phase 1 - Those students enrolled spring 2020 as of March 13, 2020, who submitted a FAFSA, and who are currently in good standing.
  • Phase 2 - Those students enrolled spring 2020 as of March 13, 2020, and who are currently in good standing, and those students who applied to PPCC by March 13, 2020 and who have applied for financial aid.

Award: $1,000 scholarships available for enrollment in Fall term*
Qualifying Students: Students indicating their education was disrupted by Covid-19, who are eligible to apply for Title IV aid, and who were not 100% online for Spring 2020.

Outreach Method: Email, with form indicating need, sent to student group identified above.

Disbursement: Aid posted to student account, processed through student accounts (this scholarship would not impact other aid)

Award Availability: Total of $2,577,139 (awarded until funds expended, may consider over-awarding based on historical drop rates)

*Students may be eligible for both summer and fall awards

All award amounts were selected and approved by PPCC’s President and Leadership Council.

7. Communication

Information contained in #6 was sent to all currently enrolled PPCC students on April 28, 2020 by the College President, Dr. Lance Bolton.

Student inquiries about emergency relief funds can be directed to ombuds@ppcc.edu 

Student inquiries about momentum scholarships can be directed to financialaid@ppcc.edu 
 

8. Previous Students Reports Download

05/18/20

06/30/20

08/14/20

CARES Institutional Grants Report

Information as of: 8/14/20

U.S. Department of Education
CARES Act Higher Education Emergency Relief Fund - Institutional Portion June 30, 2020

Pikes Peak Community College (PPCC) acknowledges that the institution signed and returned a Certification and Agreement to the U.S. Department of Education for Higher Education Emergency Relief Funding (HEERF) on June 17, 2020 for the Institutional Portion of the “HEER” funding under section 18004(a)(1) of the CARES Act. In compliance with the signed Certification and Agreement, PPCC intends to use the fifty percent (50%) of the funds received for institutional costs recovery due to COVID-19.

PPCC received $3,771,889 from the Department of Education pursuant to CCA’s Certification and Agreement for Emergency Relief Fund-Institution Portion. In accordance with sections 18004(a)(1) and 18004(c)

As of August 14, 2020, PPCC has expended at total of $1,177,766 of the funded amount for the institutional award. The amount spent so far falls into the following categories: Institutional Support - $34,666; Instruction - $925,444; Academic Support - $14,784; Student Services - $42,733; and Operation/Maintenance (Plant) - $160,139.

The types of expenses covered under the college CARES Act Emergency Instructional Relief include: IT equipment and supplies to support remote learning for students and faculty, software licenses, remote coursework redesign, personal protective equipment, and custodial supplies for onsite cleaning.

Such application of funding was in accordance with Section 18004(c) of the CARES Act, which allows Pikes Peak Community College to use the funds to cover any costs associated with significant changes to the delivery of instruction due to coronavirus, so long as such costs do not include payment to contractors for the provision of pre-enrollment activities, including marketing and advertising; endowments; or capital outlays associated with facilities related to athletics, sectarian instruction, or religious worship.

All receipts and expenditures are tracked and accounted for in an isolated fund to ensure appropriate internal controls for allowable expenditures and cash management principles. Funds are drawn after the College has provided the cash outlay and confirmed the allowability of the expenditure, in accordance with its cash management principles and uniform guidance (2 CFR 200) as well as in accordance with Section 18004(c).

Previous Institution Reports Download

08/14/20