CRRSAA & ARP Funds

January, 2022

The U.S. Department of Education has made available by the Coronavirus Response and Relief Supplemental Appropriations (CRRSAA) and American Rescue Plan (ARP) Acts financial aid grants to students, which were signed into law on December 27, 2020 and March 11, 2011 respectively. Milan Institute signed and returned to the Department of Education the Certification and Agreements for CRRSAA and ARP Grants, and has been awarded and is distributing these funds to students as follows:

        
Main CampusAdditional LocationsTotal HEERF Funds Recived for Students (5/20-3/22)Funds remaining as of 3/31/22Amount Disbursed from 1/1-3/31/2022Approx Number of Eligible StudentsNumber of Students benifitedApprox Montly Stipend
Reno NVEl Paso, TX2891456324435220938317317350
OPEID 02248200LaQuinta, CA
Farifield, CA
San Antonio, TX
San Antonio, TXBakersfield, CA (Central)5459962705815438523628628350
OPEID 03422300Bakersfield, CA (West)
Fresno, CA
Merced, CA
Las Vegas, NV
Boise, ID
Palm Desert, CAAmarillo, TX74067193556684509393350
OPEID 03098700
Visalia, CASparks, NV1298093193027121320225225350
OPEID 02497300
Totals:7998304131683384923112631263350

Basis for Grant Amount Paid to Students

This law requires that Milan Institute award these funds to exceptionally needy students. Milan Institute has reviewed the 2020-21 and/or 2021-22 Free Application for Federal Student Aid (FAFSA) and/or alternative determination documentation provided by students to identity students eligible for the CRRSAA/ARP Grant.
As additional qualifications, each recipient must be a current student (actively attending and not currently on a leave of absence or another inactive status) and must have been attending the College starting on or after February 1, 2021. Students starting before February 1, 2021 may be eligible based on an alternative determination. Students are required to complete all necessary forms and return them to their Campus’ Education Finance Advisor, so Milan may properly disburse the award.
Pell eligible students will receive a base monthly payment of $350.00 that will be paid on the monthly as long a student remains active. Monthly payments will continue for up to four (4) months and will cease when funds are exhausted.
CRRSAA/ARP grant funds can be used to pay for any component of in your Cost of Attendance. This includes housing, food, transportation, health care, childcare, or other emergency expenses you deem necessary.

Prior Quarterly Reports:

CRRSAA/ARP Summary Q2 2022
CRRSAA/ARP Summary Q1 2022
CRRSAA/ARP Summary Q4 2021
CRRSAA Summary Q3 2021
CRRSAA Summary Q2 2021

Cares Act Grant Funds

September, 2020

Milan Institute has signed and returned to the U.S. Department of Education the Certification and Agreement with assurances that at least 50% of the funding received under Section 18004(a)(1) of the CARES Act will be provided to students. These funds will be distributed to our students in accordance with the Certification and Agreement signed and returned to the U. S. Department of Education. Milan Institute has already delivered payments to our active students and expects to continue these payments for the coming months to assist with expenses related to the disruption of their training as a result of the COVID-19 pandemic. Milan Institute has been awarded CARES Act Emergency Financial Aid Grants for students as follows:

        
Main CampusAdditional LocationsTotal HEERF Funds Recived for Students (5/20-3/22)Funds remaining as of 6/30/22Amount Disbursed from 4/1-6/30/2022Approx Number of Eligible StudentsNumber of Students benifitedApprox Montly Stipend
Reno NVEl Paso, TX289145624972074715214214350
OPEID 02248200LaQuinta, CA
Farifield, CA
San Antonio, TX
San Antonio, TXBakersfield, CA (Central)5459962552912152903438438350
OPEID 03422300Bakersfield, CA (West)
Fresno, CA
Merced, CA
Las Vegas, NV
Boise, ID
Palm Desert, CAAmarillo, TX7406714120652350100100350
OPEID 03098700
Visalia, CASparks, NV129809319302768667138138350
OPEID 02497300
Totals:79983041036865348365890890350

Basis for Grant Amount Paid to Students

All Title IV eligible students are impacted who are attending during the declared disaster period. The population impacted by the COVID-19 pandemic includes students who began attendance in a payment period or period of enrollment that begins between March 13, 2020 and the later of December 31, 2020 or the last date that the national emergency is in effect, whichever is later. The impact of actions such as shelter at home, curfews, the closing of businesses has created financial hardships for all students who have moved to online learning. A review of the active population on April 14, 2010, revealed 72% of the students had a $0 EFC and 27% were eligible for at least a portion of a Pell Grant award with only 1% being not eligible for Pell Grant.

Funds received under the CARES Act are intended to assist students in meeting their educational goals. There is a statutory requirement that the funds be used to cover expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance, such as food, housing, course materials, technology, health care, and childcare). Further details regarding use of these funds is included in the award letter signed by each student.

To make the grant funds available to all Title IV eligible students who are attending during the declared disaster period Milan will pay a monthly amount to each eligible student for as long as funds are available thru the Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

This amount is based on the total allocation for each group and the number of students who are eligible to benefit from the Cares Act funds. The monthly stipend represents approximately 16%-22% of the indirect costs included in the student’s Cost of Attendance and would be a fair representation of the increased cost for items such as childcare, food, internet and supplies needed for study at home.

Milan Institute received education stabilization funds under Section 18004(a)(1) of the CARES Act, which allows institutions of higher education to use up to 50 percent of the funds they receive to cover any costs associated with significant changes to the delivery of instruction due to the coronavirus. The institution has received these funds and is allocating them in accordance with the CARES Act as reflected on the Fund Reports.

Quarterly Budget and Expenditure Reporting_022482 – 2nd Qtr 2020
Quarterly Budget and Expenditure Reporting_024973 – 2nd Qtr 2020
Quarterly Budget and Expenditure Reporting_030987 – 2nd Qtr 2020
Quarterly Budget and Expenditure Reporting_034423 – 2nd Qtr 2020
Quarterly Budget and Expenditure Reporting_022482 – 3rd Qtr 2020
Quarterly Budget and Expenditure Reporting_024973 – 3rd Qtr 2020
Quarterly Budget and Expenditure Reporting_030987 – 3rd Qtr 2020
Quarterly Budget and Expenditure Reporting – 3rd Qtr 2020
Quarterly Budget and Expenditure Reporting – 4th Qtr 2020
Quarterly Budget and Expenditure Reporting – 1st Qtr 2021