CARES Act Transparency Requirements
Accountability and Transparency Website Reporting Requirements
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) provides emergency funds for students financially impacted by the COViD-19 pandemic.
Requirements can be accessed at: https://ifap.ed.gov/electronic-announcements/050620HigherEdEmergencyReliefFundRptg
Accordingly, the following information must appear in a format and location that is easily accessible to the public 30 days after the date when the institution received its allocation under 18004(a)(1) and updated every 45 days thereafter:
| Requirement | Action |
|---|---|
| An acknowledgement 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 CARES Act to provide Emergency Financial Aid Grants to students. | Southeastern Illinois College acknowledges that the institution signed and returned to the Department of Education the Certification and Agreement on April 21, 2020. The institution provides assurance that the College has used, or 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 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. | According to the institution’s Certification and Agreement, Southeastern Illinois College received $230,274.00 from the Department of Education for Emergency Financial Aid Grants to Students. |
| The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter). | As of May 24, 2020, Southeastern Illinois College has distributed $190,372.00 in Emergency Financial Aid Grants to students. As of July 8, 2020, Southeastern Illinois College has distributed $230,274.00 in Emergency Financial Aid Grants to students. |
| 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. | Approximately 900 |
| The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act. | As of May 24, 2020, 300 students have received Emergency Financial Aid Grants. As of July 8, 2020, 350 students have received Emergency Financial Aid Grants. |
| 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. | Southeastern Illinois College developed a 2-tier approach to providing Emergency Financial Aid Grants: 1. Automatic award to Pell recipients who were enrolled on March 13, 2020—students were awarded $44.68 per credit hour. This amount was derived from dividing a portion of CARES Act funds by the total number of credit hours these students were enrolled in. 2. Application process available to any eligible student who was enrolled on March 13, 2020—SIC Foundation Scholarship Committee will review applications and determine Emergency Financial Aid Grant awards. |
| Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants. | CARES Grant Information Mailer - PDF CARES Grant Application - PDF (No longer accepting applicants) CARES Grant Information Press Release CARES Grant Information Social Media Posts - PDF CARES Grant Information Email to Students - PDF CARES Grant Information Text to Students - PDF |
Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion, 18004(a)(2), and 18004(a)(3), if applicable: