Lake-Sumter State College (LSSC) has signed and returned to the Department of Education 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.
LSSC has received $1,153,190.00 million in emergency grant funding that will be directly allocated to students in need. This money comes from the federal Higher Education Emergency Relief Fund (HEERF) in the CARES Act and is intended to help cover expenses that students may have incurred as the direct result of the disruption of campus operations due to the COVID-19 pandemic.
LSSC estimates that 1,900 students at the institution would be 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.
Lake-Sumter State College has awarded, as of January 31, 2021, a total amount of $1,153,190.00 of the Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission.
As of January 31, 2021, 1,154 students have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.
LSSC is using an application process to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.
As of January 31, 2021, all fund available under Section 18004(a)(1) of the CARES Act have been distributed to students and grants are no longer available.
Quarterly Budget and Expenditure Reports submitted to the U.S. Department of Education are provided below.
More details about how this program works at Lake-Sumter State College and eligibility for funds is available at Student Emergency Assistance Programs page.
For more information on the HEERF as part of the CARES Act, visit the U.S. Department of Education information page.