CARES Act Reporting
The Lane Community College has received its CARES Act funding from the U.S. Department of Education in the amount of $1,507,133 million. These funds provide direct emergency assistance for students. LCC’s goal is to assist students with the greatest need, in accordance with federal guidelines.
Each eligible student was awarded $380 for Spring Term expenses to help offset the expense of internet access and electricity for the duration of spring term. These funds were distributed in accordance with the contractual guidelines and the Department of Education:
"… funds shall not be used for any purpose other than the direct payment of grants to students for their expenses related to the disruption of campus operations due to coronavirus…"
The cost of these utility expenses were calculated based on local internet and electricity rates for a period of 3 months.
Eligible students include:
- Students who were enrolled in at least 1 credit at the time of disbursement.
- Students who have filed a FAFSA and are in good standing with their financial aid.
- Students who were not 100% enrolled in online classes during winter term (effective March 13, 2020).
Key Facts Regarding Federal CARES Act Grants
Lane Community College acknowledges that it has signed and returned the Certification and Agreement to the Department of Education and has allocated 100 percent of the funds received to date under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
- Total CARES Act funds received: $1,507,133
- Total federal CARES Act funds awarded: $1,223,600
- Total federal CARES Act funds to be awarded Summer Term: $283,533
- Number of students eligible to participate in Title IV: 3,220
- Number of LCC students who received federal CARES Act grants: 3,220