海角社区

Compliance Reporting

Section 18004(e) of the Coronavirus Aid, Relief, and Economic Security Act (鈥淐ARES Act鈥 or the 鈥淎ct鈥), Pub. L. No. 116-136, 134 Stat. 281 (March 27, 2020), directs institutions receiving funds under Section 18004 of the Act to submit (in a time and manner required by the US Department of Education鈥檚 Secretary) a report to the Secretary describing the use of funds distributed from the Higher Education Emergency Relief Fund (鈥淗EERF鈥). The following information is designed to satisfy the reporting requirements as established by the Secretary:

On April 11, 2020聽 Metropolitan State University of Denver (海角社区) signed and returned to the US Department of Education via grants.gov the CARES Act Higher Education Emergency Relief Fund Certification and Agreement for the minimum student allocation of emergency financial aid grants to students under Section 18004(a)(1) and 18004(c) of the CARES Act. Per the HEERF Certification and Agreement, 海角社区 was allocated $14,390,083 and has already initiated awarding these funds with the intention to use no less than 50% of the funds under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. On April 22, 2020, 海角社区 received via G5 the institution鈥檚 minimum student allocation of HEERF funds, totaling $7,195,042 . On May 06, 2020, 海角社区 received via G5 the institution鈥檚 HEERF funds, totaling $7,195,041. Lastly, 海角社区 received via G5 $1,056,379 HEERF 18004(a)(2) HSI/MSI funds on June 08, 2020.

Quarterly Budget and Expenditure Reporting