CARES Act Reporting
The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed by
Congress to provide economic relief from COVID-19. One of the sections established
the Higher Education Emergency Relief Fund (HEERF) to help students and higher
education institutions alleviate the expenses related to the disruption of campus
operations due to the pandemic.
Lincoln University 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
Pursuant to the institution’s Certification and Agreement for Emergency Financial Aid
Grants to Students, Lincoln University has received $155,054 (representing 50% of
the total formula allocation of $310,107) in June 2020. Pursuant to section 314(a)(1) of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Lincoln University has received a second grant of $155,054 in January 2021.
The total amount of Emergency Financial Aid Grants distributed to students under
Section 18004(a)(1) of the CARES Act as of March 31, 2021 is $150,350.
The estimated total number of Lincoln University students eligible to participate in
the 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 is fifty (50).
The total number of students who have received an Emergency Financial Aid Grant
to students under Section 18004(a)(1) of the CARES Act is fifty-eight (58).
Eligible students who receive the Emergency Financial Aid Grants are identified based on their financial aid applications for an award up to $3,150 for expenses based on need assessment related to the cost of attendance. Students must be able to produce documentation of expenses incurred, if requested.
The instructions, directions, or guidance and the method(s) used by Lincoln
University to determine the amount of financial aid grants under Section 18004(a)(1)
of the CARES Act to be awarded to each applicant is posted here.
Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion
Please view the reports here: 1st Report , 2nd Report
and 3rd Report