CARES Act Student Reporting as of 3/31/2022

An acknowledgment that the institution signed and returned to the Department of 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 (this includes all funding related to COVID-19)

Signed when SAU Tech accepted the CARES Act funds.

The total amount of funds that the institution has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.

$2,153,046

The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).

$3,001,733.60 (As of March 1, 2022)

The total number of students who have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act.

3,649 (March 31, 2022)

(Duplicated Numbers)

The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.

The eligibility criteria are as follows:

Eligible SAU Tech Students:

• Degree Seeking
• Was Enrolled at Least Part-Time

The number of funds dispersed was the total amount of CARES Act funds received divided by the number of eligible students.

Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

Students were emailed and asked to complete an electronic form. The information was also shared via www.sautech.edu, Facebook, Twitter, and Instagram.