NGTC - CARES Act Student Disbursement Plan
The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law (Pub. L. 116-136, 134 Stat. 281 (March 27, 2020) and established the Higher Education Emergency Relief Fund (HEERF) for colleges to distribute emergency financial aid grants to students. The U.S. Department of Education (“USDOE”.) has allocated $1,057,016.00 to North Georgia Technical College (“the college”) for these emergency financial aid grants to students. The college has signed and returned to the USDOE the Certification and Agreement and the assurance that the College intends to use no less than 50% of the funds allocated under Section 18804(a)(1) of the CARE Act for students. These funds, provided directly to students, are for expenses related to the disruption of campus operations due to the pandemic COVID-19.
Students who meet basic eligibility criteria for federal financial aid (Title IV) funding can be considered for the Higher Education Emergency Relief Fund. Information from the Free Application for Federal Student Aid (FAFSA) will be used to determine eligibility for Emergency Grant Funds.
- Active enrollment on March 13, 2020 for a minimum of one (1) credit hour in a Title IV eligible program that leads to a certificate, diploma, or degree
- Have completed a FAFSA for the 2019-2020 aid year with all C codes on FAFSA cleared
- Have a FASFA that does not have any outstanding verification requirements
- Have met all requirements for admission
- Have a Spring term Satisfactory Academic Progress (SAP) code status of good standing, warning or an approved Academic Plan
- Title IV eligible students only
Student Not Eligible for Emergency Grant Funds
Student populations determined as not eligible for Emergency Grant Funds as defined by the U. S. Department of Education:
- Dual Enrolled High School Students
- Foreign students to include DACA students
- Transient students – these students may receive funds from home institution
- Students having defaulted on student loans, overpayments or have other loan restrictions.
- Students enrolled in Minimester A courses that ended prior to March 13, 2020
- Students enrolled exclusively in online courses for the spring semester
Proposed Process for Awarding and Disbursing Emergency Funds to Student
Based on the eligibility requirements above, NGTC has identified 1,339 students that meet eligibility requirements to receive Emergency Grant Funds. The college desires to provide the disbursement of funds to those students who are currently determined to be eligible. There are 535 students enrolled in the spring that have unmet eligibility requirements to receive Emergency Grant funds. Funds will be awarded by the Financial Aid Department and disbursed to student accounts. Each student account will show a credit balance. Since CARES Act funds cannot be used to cover tuition and fees the award will generate a refund. The Business Office will disburse the credit balance to BankMobile for release to the student.
The college has determined that there are approximately 130 students who were enrolled in the spring term that may become eligible with the completion of the 2019-2020 FAFSA.
The College will disburse funds to two cohorts; Cohort 1 from the Spring term and Cohort 2 from the Summer term.
Identification of Cohort 1
Cohort 1 will consist of those students that have already completed the Free Application for Federal Student Aid (FAFSA) for 2019-2020 and have met all eligibility requirements stated above. The College has identified 1,339 students for Cohort 1 who were enrolled in a Title IV eligible program having completed a 2019-2020 FASFA with no outstanding documents.
The total funding amount allocated to Cohort 1 will be $712,792.74 resulting in an award of $532.73 per student.
Identification of Cohort 2
The college has determined that students who were eligible for Emergency Grant Funds from the spring term and continue enrollment in the summer term will continue to face impact from the COVID-19 virus. Cohort 2 will consist of students who were determined to be eligible for Emergency Grant Funds from the Spring term who continue credit enrollment in the Summer term. Currently there are 706 students registered for a credit class in the summer term who were eligible to receive emergency grant funding in the spring term. These students must continue to meet all eligibility requirements as stated earlier.
Students attending the Spring term who did not complete the 2019-2020 FASFA prior to the disbursement to Cohort 1 will be considered for Cohort 2 provided they submit a 2019-2020 FAFSA and meet all eligibility requirements as stated above by June 1, 2020. Student Affairs will contact this group of students and offer assistance with filing a FASFA application by the stated deadline.
The total funding amount allocated to the Cohort 2 during the Summer term will be $344,223.26.
Should any Emergency Grant funds remain following the distribution to Cohort 2, the college will disburse the balance of remaining funds to the eligible students identified in Cohort 1 and Cohort 2. All funds will be disbursed prior to the completion of the Summer term. The College will send an email and text once the funds have disbursed to student accounts.
The total number of students who have received an emergency financial aid grant as of May 24, 2020, is 1,339.
If you have questions about these Student Emergency Financial Aid Grants under the CARES Act, please contact the Financial Aid Office at email@example.com