Higher Education Emergency Relief Funds (HEERF) Reporting Requirements for CRRSAA Act funding

  1. LaGrange College acknowledges that the institution signed and returned the Certification and Agreement to the Department of Education ensuring compliance with Section 18004(a)(1) of the CARES Act and Section 314(a)(1) of CRRSAA and has used the applicable amount of funds designated under CRRSAA to provide Emergency Financial Aid Grants to students.
  2. LaGrange College received notification that $537,223 in CRRSAA Act HEERF II funding was approved to provide emergency grant relief to students eligible under the Department of Education guidelines.
  3. The institution determined there were 720 students eligible to receive Emergency Financial Aid Grant Funds under CRRSAA (a)(1). On March 19, 2021, LaGrange College distributed $523,100 by college check to 654 students. On April 2, 2021, LaGrange College distributed $14,123 in remaining CRRSAA funds to 33 students determined as high need by the Director of Financial Aid. Funds were distributed by college check to the student’s residential address on file with the College. 654 of the eligible 720 students received CRRSAA funding based on the allocation method used.
  4. The method LaGrange College used to determine which student received Emergency Financial Aid Grants and how much they would receive in CRRSAA funding was based on a tier system taking into consideration Pell eligibility, FAFSA completion, Family Adjusted Gross Income (AGI) and EFC (expected family contribution). Students with an EFC greater than $46,000 or AGI greater than $150,000 received no emergency funding.
  5. All eligible students were given the option, in writing, to decide if funds should be applied to their student account or if they would prefer a college check. Those not responding their preference in writing were provided their allocation by college check.

To view the CRRSAA Funding notifications sent to students, click here.

For further information please contact the Office of Business and Finance at LaGrange College.

 

Quarterly Budget and Expenditure Report for the quarter ending 6/30/2021

Quarterly Budget and Expenditure Report for the quarter ending 9/30/2021