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CARES Act Reporting

Ouachita Baptist University signed a certification and agreement form with the Department of Education on April 9, 2020, for funding to provide Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  Funds were received by Ouachita on April 23, 2020, and in accordance with our agreement, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act will be used to provide Emergency Financial Aid grants to students. 

Ouachita received a total of $672,193 to be used for Emergency Financial Aid Grants to Students.

As of May 11, 2020, Ouachita has disbursed $648,797.12 Emergency Financial Aid Grants to students under Section 18004 (a)(1) of the CARES Act.

1310 residential, degree-seeking students were 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.  In accordance with Department of Education guidance, students ineligible for grants include: online degree-seekers, international students, non-FAFSA completers, high-school concurrent students, non-degree seekers, and those who have withdrawn or were enrolled below ½ time status.

All 1310 eligible students as explained above have received an Emergency Financial Aid Grant disbursement under Section 18004 (a)(1) released on April 29, 2020 and May 6, 2020.

Ouachita used a combined formula and application-based approach to distribute CARES Act funds, with the majority of the funding being directed to our neediest students who were determined by the Department of Education to be Pell grant eligible.

382 Pell eligible students received grants of a minimum of $400 up to 44% of the spring Pell grant amount in the first round of funds released within one week of our receipt of the CARES Act dollars.  (44% was used to reflect the 7 weeks out of 16 weeks disrupted by the closure of our dorms and move to remote instruction.)   Total disbursed = $370,397.12

928 Non-Pell-grant eligible students were given grants evenly disbursed from the CARES Act funds.  Total disbursed = $278,400

The remaining small pool of CARES Act funds was distributed during the 45-day reporting period to assist students with exceptional expenses caused by the disruption of our residential learning environment due to COVID. 

Ouachita instructed students to use these funds as intended by Congress to cover additional expenses caused by the COVID-19 disruption such as food, housing, course materials, technology, health care, childcare, and extra travel to/from campus.

Previously published May 12, 2020, at a different URL. Republished here Jan. 12, 2021.


Ouachita received a total of $672,193 to be used for costs associated with campus closure due to the COVID-19 outbreak. As of May 18, 2020, this full amount was used to provide reimbursements for housing, room and board refunds.

Published Jan. 14, 2021

Ouachita Baptist University signed a certification and agreement form with the Department of Education on April 9, 2020, for funding to provide Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  Funds were received by Ouachita on April 23, 2020, and in accordance with our agreement, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act will be used to provide Emergency Financial Aid grants to students. 

Ouachita received a total of $672,193 to be used for Emergency Financial Aid Grants to Students.

As of the first 30-day report period following receipt of funds, Ouachita had disbursed $648,797.12 Emergency Financial Aid Grants to students under Section 18004 (a)(1) of the CARES Act.

The 45-day reporting period saw no change in expenditures for the student portion of the funds.

The 60-day reporting period, Ouachita expended the remaining portion of student Emergency Financial Aid Grants to students in the amount of $23,395.88 for total spending of $672,193.00.

1310 residential, degree-seeking students were 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.  In accordance with Department of Education guidance, students ineligible for grants include: online degree-seekers, international students, non-FAFSA completers, high-school concurrent students, non-degree seekers, and those who have withdrawn or were enrolled below ½ time status.

All 1310 eligible students as explained above have received an Emergency Financial Aid Grant disbursement under Section 18004 (a)(1) released on April 29, 2020 and May 6, 2020.  Additional grants were awarded to 14 of the 1310 on June 16, 2020.

Ouachita used a combined formula and application-based approach to distribute CARES Act funds, with the majority of the funding being directed to our neediest students who were determined by the Department of Education to be Pell grant eligible.

382 Pell eligible students received grants of a minimum of $400 up to 44% of the spring Pell grant amount in the first round of funds released within one week of our receipt of the CARES Act dollars.  (44% was used to reflect the 7 weeks out of 16 weeks disrupted by the closure of our dorms and move to remote instruction.)   Total disbursed = $370,397.12

928 Non-Pell-grant eligible students were given grants evenly disbursed from the CARES Act funds.  Total disbursed = $278,400

Ouachita received a total of $672,192 to be used for costs associated with campus closure due to the COVID-19 outbreak.  As of May 18, 2020, this full amount was used to provide reimbursements for housing, room and board refunds.

On June 16, 2020, the remaining small pool of CARES Act funds was distributed during the 60-day reporting period to assist students with exceptional expenses caused by the disruption of our residential learning environment due to COVID. 14 of the 1310 eligible students received additional grants valued at $23,395.88.

Ouachita instructed students to use these funds as intended by Congress to cover additional expenses caused by the COVID-19 disruption such as food, housing, course materials, technology, health care, childcare, and extra travel to/from campus.

CARES Act Quarterly Budget and Expenditures Report – Institutional Portion (PDF)

CRRSAA Act Quarterly Budget and Expenditures Report – Institutional Portion – March 31, 2021 (PDF)

CRRSAA Act Quarterly Budget and Expenditures Report – Student Portion – March 31, 2021 (PDF)

CRRSAA Act Quarterly Budget and Expenditures Report – Institutional Portion – June 30, 2021 (PDF)

CRRSAA Act Quarterly Budget and Expenditures Report – Student Portion – June 30, 2021 (PDF)

Updated July 7, 2021

 

 

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