CARES Act
Higher Education Emergency Relief Fund Reporting
Emergency Financial Aid Grants to Students
The University of Texas Permian Basin
1st 45 Day Follow Up Report and Disclosure - August 27, 2020
The University of Texas Permian Basin acknowledges that it signed and returned to the Department of Education on April 14, 2020 the Certification and Agreement that gives assurance that the institution will use 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Aid Grants to students.
- The total amount of funds that UTPB received on May 7, 2020 from the U.S. Department of Education for distribution to students is $920,008.
- The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of August 27, 2020 is $512,400.00.
- The estimated total number of students at UTPB who are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Aid Grants to students under Section 18004(a)(1) of the CARES Act is 1,458.
- The total number of students who have received an Emergency Aid Grant to students under Section 18004(a)(1) of the CARES Act as of August 27, 2020 is 535.
- The method(s) used by the institution to determine which students receive Emergency Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act are as follows:
- Students who completed the COVID-19 Emergency Fund application.
- Award priority will be given to students with the highest need as demonstrated either through the calculated EFC from the FAFSA or other factors. The date eligible students complete the application will also be used in making awards.
- Standard amounts will be awarded with the goal to assist as many students as possible with a meaningful dollar amount:
- Eligible full-time students with an EFC below $19,000 will receive $1,000.
- Eligible full-time students with an EFC above $19,000 will receive $900.
- Eligible students enrolled less than full time with an EFC below $19,000 will receive $800.
- Email announcements to all students on May 11 and May 14.
- Information regarding the facts surrounding the CARES Act and the Higher Education Emergency Relief Fund is prominently displayed at www.utpb.edu/emergencyfund.
- Press Releases
-
May 12, 2020: New Emergency Grant Program: CARES Act Funding
-
June 10, 2020: $500,000 Given to Students Due to COVID-19 Hardships
-
Summary of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act
Applied April 14, 2020
Approved April 24, 2020
Funded May 7, 2020
1st Quarterly Budget and Expenditure Reporting | 1st Quarter Amended
2nd Quarterly Budget and Expenditure Reporting | 2nd Quarter Amended
3rd Quarterly Budget and Expenditure Reporting | 3rd Quarter Amended
4th Quarterly Budget and Expenditure Reporting | 4th Quarter Amended
5th Quarterly Budget and Expenditure Reporting
6th Quarterly Budget and Expenditure Reporting
7th Quarterly Budget and Expenditure Reporting
8th Quarterly Budget and Expenditure Reporting
9th Quarterly Budget and Expenditure Reporting
10th Quarterly Budget and Expenditure Reporting
11th Quarterly Budget and Expenditure Reporting