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CARES Act Reporting

The CARES Act establishes and funds the Higher Education Emergency Relief Fund (HEERF).  Sections 18004(a)(1) and 18004(c) of the CARES Act, which address the HEERF, allow 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 so long as such costs do not include payment to contractors for the provision of pre-enrollment recruitment activities, including marketing and advertising; endowments; or capital outlays associated with facilities related to athletics, sectarian instruction or religious worship.

Institutions are required to comply with all reporting requirements including those in Section 15011(b)(2) of Division B of the CARES Act and submit required quarterly reports to the Secretary, at such time and in such manner and containing such information as the Secretary may reasonably require. (See also 2 CFR 200.327-200.329)

 

Student Aid Reporting

Florida Polytechnic University signed and returned to the Department 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.

Institutional Portion Reporting

Florida Polytechnic University acknowledges that it has signed and returned to the Department of Education the Certification and Agreement for the Institutional Portion of the Higher Education Emergency Relief Fund Formula Grants Authorized by Section 18004(a)(1) of the Coronavirus Aid, Relief and Economic Security (CARES) Act on April 21, 2020.

On May 4, 2020 the total amount of authorized funds awarded to Florida Polytechnic University for the Institutional Portion of CARES was $626,652.

The University has expended $626,652 as of September 30, 2020. The University used $202,647 to refund unused meal plans to enrolled students during the FY20 spring semester, and the remaining funds were used to provide PPE, implementation and training for online learning, and to cover additional facilities and maintenance costs associated with the significant changes to the delivery of instruction due to the coronavirus.

Federally Required Posting Date: October 9, 2020
Posted: October 8, 2020

The University has expended $202,647 as of June 30, 2020 and is currently assessing and prioritizing the best use of the remaining funds. The University used $202,647 to refund unused meal plans to enrolled students during the FY20 spring semester.

Federally Required Posting Date: June 30, 2020                 
Posted: July 10, 2020