CORONAVIRUS AID, RELIEF, & ECONOMIC SECURITY (CARES) ACT

Federal Emergency Relief Fund Payments for Iowa Lakes Students

Iowa Lakes Community College has signed and returned to the U.S. 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.

Iowa Lakes Community College received $483,444 from the US Department of Education pursuant to our Certification and Agreement for Emergency Financial Aid Grants to Students.

As of the date of this report, $484,819 was distributed to students under Section 18004(a)(1) of the CARES Act.

Iowa Lakes had an estimated 561 students at the institution who are or could be eligible to participate in the Federal student financial aid programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

A total of 561 students have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.