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June 30, 2021 Update
June 30, 2021 Update
CARES Act Emergency Aid Grants to Students – Higher Education Emergency Relief Fund Report
In compliance with reporting requirements prescribed for above referenced grants, the following information is posted on Valparaiso University’s primary website for both initial and subsequent reporting:
- Valparaiso University received its Grant Award Notice on January 19, 2021, and was not required by the Department of Education to sign and return a Certification and Agreement document. No less than the total amount received from the student portion of HEERF I under the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260 code section will be used to provide Emergency Financial Aid Grants to students.
- The University received $1,553,680 pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants (HEERF II) to students.
- At June 30, 2021 the total amount of Emergency Financial Aid Grants (HEERF II) distributed to students was $1,553,680.
- Approximately 2,788 Valparaiso University students are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and are thus eligible to receive Emergency Financial Aid Grants to students under the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260.
- As of June 30, 2021, 2,786 students have received an Emergency Financial Aid Grant under HEERF II.
- Valparaiso University made awards to Title IV eligible students who were registered on March 16, 2020. The grants were awarded based on three primary factors including financial need as determined by the FAFSA, full- or part-time status, and undergraduate/graduate status. The amounts awarded ranged from $325 to $1,000 based on these criteria. The students could elect to apply the funds to their student account. If the grant was not applied to a balance, the funds were transferred via direct deposit to a student’s bank account or via check where banking information was not available.
- Students were apprised of the University’s plans to distribute the Emergency Financial Aid Grants via email and the University’s COVID information web-site.