Ozarks Technical Community College Higher Education Emergency Relief Fund Reporting
On May 6, 2020, the Office of Postsecondary Education published requirements for Higher Education Emergency Relief Fund (HEERF) reporting. Reporting for HEERF funds distributed to the Ozarks Technical Community College will begin 30 days from the U.S. Department of Education awarded grant documents and each 45 days thereafter.
Reporting: 30-DAY REPORT: MAY 21, 2020
- On April 10, 2020, the Certification and Agreement were signed and returned to the Department of Education. Furthermore, Ozarks Technical Community College 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. The college’s Higher Education Emergency Relief Funding was awarded on April 21, 2020.
- The total amount of funds that the institution will receive from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $3,975,331
- As of May 21, 2020, the total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act is $1,974,656
- 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 is 5,334. However, this number may increase.
- The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 5,271.
- 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 CARES Act.
- The Ozarks Technical Community College CARES Act grant provided an emergency one-time grant of $434 to each Title IV eligible Pell student and $267 to each Title IV eligible non-Pell student enrolled in the spring term to be used as needed by the student for the coronavirus disruption. (This was a 75% – 25% distribution of Pell-eligible to non-Pell eligible.) Only students who were enrolled as of March 13, 2020, were considered eligible, and students who were enrolled exclusively in online courses as of March 13, 2020, were not considered eligible, based on implementation guidance provided by the U.S. Department of Education. Future disbursements are planned for June and August, based on student need. These remaining emergency grants will be awarded through an application process to students who meet eligibility requirements.
- Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
- On April 30, 2020, eligible students received an email regarding the May 6th distribution. The communications are posted below.