Kiamichi Technology Center
CARES Act Higher Education Relief Fund (HEERF)
Disbursement Report
December 31, 2020 - Quarterly Report
 

INSTITUTIONAL FUNDS

View the Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion, 18004(a)(2), and 18004(a)(3): Quarter Ending Sept. 30, 2020

View the Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion, 18004(a)(2), and 18004(a)(3): Quarter Ending Dec. 31, 2020

STUDENT FUNDS

In response to the COVID-19 pandemic, the CARES Act included emergency relief funds for post-secondary students attending technology centers. The Department of Education requires the following information to be made available:
 

1. 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.
   
   Kiamichi Technology Center signed and returned the Certification and Agreement and the assurances on April 23, 2020, for the student portion and the institutional portion of the Emergency Financial Aid Grants.
    
2. 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.
   
   Kiamichi Technology Center has received the following in Emergency Financial Aid Grants:
   $511,607 student portion
   $511,607 institutional portion
    
3. 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 initial report and every calendar quarter thereafter).
   
   As of September 4, $511,607 has been distributed to the students.
    
4. 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.
   
   Kiamichi Technology Center had 319 students eligible to receive the Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act.
    
5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.
   
   319 students
    
6. 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.
   
   Kiamichi Technology Center used the following method to determine which students would receive the Emergency Financial Aid Grants and how much each student would receive: 
   
   All post-secondary students enrolled in an approved program at Kiamichi Technology Center, as of March 13, 2020, were reviewed for eligibility requirements.
   
   Each student that met the following eligibility requirements would have the opportunity to sign a KTC Student Agreement certifying that they had expenses related to the disruption of campus operations due to the Coronavirus-19 shutdown.
   
   o    Complete the Free Application for Federal Student Aid
   o    be a US citizen
   o    have a social security number
   o    have a high school diploma or GED
   o    have registered with Selective Service, if you are a male between the ages 18 to 25 years of age
   o    be making satisfactory academic progress
   o    not have a drug related felony where the offense occurred while you were receiving federal student aid (this will be looked at on a case by case basis) 
   o    not be in default of student loans
   o    not be a concurrent high school student 
   
   All post-secondary students who met the eligibility requirements and signed the KTC Student Agreement would receive the same amount of funds from the CARES Act.
    
7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
   
   CARES ACT Higher Ed Emergency Relief email for FAFSA
   Financial Aid Instructions
   Finish the FAFSA in Five Steps
   2019-20 CARES Act Student Agreement
    

For the latest on how COVID-19 is impacting student financial aid, visit NASFAA’s webpage.