CARES Act

CARES Funds – Institutional Portion Quarterly Budget and Expenditure Report 

• Quarterly Budget and Expenditure Report - June 2021
• Quarterly Budget and Expenditure Report - March 2021
• Quarterly Budget and Expenditure Report - December 2020
• Quarterly Budget and Expenditure Report - September 2020

April 12, 2021 – Higher Education Emergency Relief Fund (HEERF) II Update

Georgia Northwestern Technical College (GNTC) has applied for and has been awarded federal funds under the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), enacted December 27, 2020. Following the guidance provided by the Department of Education, GNTC has identified students who attended the spring semester, 2021 who are eligible for relief funds. Please note, eligibility may change based on guidance from the Department of Education. Refunds are issued through BankMobile and students must select a refund preference. Information regarding BankMobile may be found on GNTC’s Refund page. 

Awards will be administered in two phases:

Phase I Eligibility:

• Students enrolled for at least 1 credit class after the drop/add period for either Term A or Term B are eligible to receive funds.
• A completed 20-21 FAFSA with no outstanding verification requirements or C codes. 
• Awards will be administered based on a tiered structure outlined below based on Estimated Family Contribution (EFC) as determined by the US Department of Education after completion of a FAFSA.
   

Tiers & Awards

Phase II Eligibility:

• Students with no known EFC or students who have unsatisfied verification requirements on a completed 20-21 FAFSA are eligible to apply for Phase II funding. A link to the application will be emailed to students within this category.
• Phase II students enrolled for at least 1 credit class after the drop/add period for either Term A or Term B are eligible to apply for Tier 5 funds.
   

Exclusions:

• Dual Enrollment student
• Foreign Students (includes DACA)
• Transient Students
• Defaulted on student loans, overpayments, or other loan restrictions

September 16 – CARES Update

As of September 16, 2020, GNTC has disbursed $1,592,065 to 2,137 students under Section 18004(a)(1) of the CARES Act. The initial disbursement to students was $475. After additional eligible students were identified, all students who had previously received funds received an additional disbursement of $270. In total, each student received $745 in CARES Act funding. This final disbursement has expended the student portion of CARES Act funding. 

August 14 – CARES Update

As of 14, 2020, GNTC has disbursed $1,013,650 to 2,134 students under Section 18004(a)(1) of the CARES Act. As additional students are identified as meeting the criteria, additional awards will be made.

July 23 – CARES Update

As of July 23, 2020, GNTC has disbursed $894,900 to 1,884 students under Section 18004(a)(1) of the CARES Act. As additional students are identified as meeting the criteria, additional awards will be made.

July 9 – CARES Update

As of July 9, 2020, GNTC has disbursed $885,875 to 1,865 students under Section 18004(a)(1) of the CARES Act. As additional students are identified as meeting the criteria, additional awards will be made.

June 2 – CARES Federal Reporting Requirements for HEERF Funds

Georgia Northwestern Technical College (GNTC) signed and returned the Recipient’s Funding Certification and Agreement Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act on April 27, 2020. GNTC intends to use the funds to provide the mandated amount of at least 50% of the emergency financial aid grants to students.

• Georgia Northwestern Technical College has received $1,591,180 from the Department of Education pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students.
• As of June 2, 2020, Georgia Northwestern Technical College has disbursed $859,750 to students under Section 18004(a)(1) of the CARES Act.
• Georgia Northwestern Technical College has identified 1810 students who met the criteria and received the Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act. As additional students are identified as meeting the criteria, additional awards will be made.
• Students who were enrolled spring semester as of March 16, met eligibility requirements, and were not enrolled exclusively online were selected to receive an emergency grant. To determine how much grant money each student would receive, Georgia Northwestern Technical College took its total allotment of funds (less those retained for future disbursement) and divided it by the number of eligible students equally, awarding each student $475.00.
• In an effort to ensure students were aware of the emergency grant, an informational website was developed (this page).

May 28 – CARES Funds Being Distributed to Eligible Students

Georgia Northwestern Technical College (GNTC) has applied for and has been awarded federal funds under the CARES (Coronavirus Aid, Relief, and Economic Security) Act. Following the criteria provided by the Department of Education, GNTC has identified students who attended the spring semester who are eligible for relief funds. Refunds to eligible students will be automatic – with no action required by the student. Disbursement through BankMobile is underway and should be complete by early next week. Information regarding BankMobile may be found on GNTC’s Refund page.

Eligibility (this may change as we continue to receive guidance from the Department of Education):

• Still enrolled in at least 1 credit class after March 16
• Enrolled in an eligible program that leads to a certificate, diploma or degree
• Title IV eligible students only (must have completed a FAFSA for 19/20 aid year and all outstanding verification C codes on FAFSA cleared)
• The most current (spring) SAP code is good standing, warning, or approved academic plan standing
   

Exclusions:

• Dual Enrollment student
• Foreign Students (includes DACA)
• Transient Students
• Defaulted on student loans, overpayments, or other loan restrictions
• Enrolled exclusively in online courses

 

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