Notification of Institutional CARES Act Funding
To provide an update on the progress we are making to meet the urgent needs of our students and employees. Iowa Central Community College received Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) funding to provide emergency grants for enrolled students. Pursuant to the requirements of Section 18004(a)(1) of the CARES Act, Iowa Central Community College is publishing the following information regarding the Institutional funds that were received.
Iowa Central signed and returned the Certification and Agreement and 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.
$1,526,599.00 is the total amount Iowa Central received pursuant to the institution’s Certification and Agreement which can be used for institutional costs associated with significant changes to the delivery of instruction due to the coronavirus under Section 18004(a)(1) of the CARES.
Iowa Central has utilized the following as of August 31, 2020:
|$1,018,087.99||Student housing refunds to students|
|$116,491.15||PPE, equipment to teach/work remotely, cleaning supplies|
|$40,236.00||Course refunds to students|
|$1,174,815.14||As of August 31, 2020|