Emergency Financial Aid Reporting
Emergency Financial Aid Grants to Students Fund Reporting
HEERF I
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law, providing emergency relief funds to organizations and individuals affected by the coronavirus pandemic. The Higher Education Emergency Relief Fund (HEERF), found in Section 18004 of the CARES Act, provides funding to institutions of higher education “to prevent, prepare for, and respond to coronavirus.” This report provides details on the first award Soka University of America received under the HEERF I, the funds for Emergency Financial Aid Grants to students under Award No. P425E200700.
Certification
Soka University of America (SUA) signed and returned to the Department of Education the Certification and Agreement for ED-GRANTS-041020-003 on April 13, 2020, and we received our grant award notification on May 13, 2020. SUA will use no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
Award
Soka University of America will receive a total of $351,126 under Section 18004(a)(1) of the HEERF. At least $175,563 will be distributed directly to students impacted by campus disruptions due to the coronavirus. These funds being from the Department of Education and pursuant to our Certification and Agreement for Emergency Financial Aid Grants to Students.
Funds Distributed
As of 6/30/21, Soka University of America had distributed $343,756 in Emergency Financial Aid Grants to eligible students under Section 18004(a)(1) of the CARES Act.
Student Eligibility
Soka University of America (SUA) has an estimate of 212 students eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act. As of 07/15/20, SUA has distributed Emergency Financial Aid Grants to 212 students under Section 18004(a)(1) of the CARES Act.
Method Used to Determine Students Eligibility
Tiers representing students Expected Family Contribution (EFC) are used to determine how much funds students are to receive. Below are the tiers with the amounts. Students did not have to apply with an application.
- Tier 1 EFC $0-5,100, Award $2,135 for the term
- Tier 2 EFC $5,101-15,000, Award $1,548 for the term
- Tier 3 EFC $15,000-51,000, Award $1,250 for the term
- Tier 4 EFC > $51,001, Award $1,005 for the term
- Tier 5 Students who did not already apply for aid but can verify eligibility for Title IV funding within the awarding disbursement period, Award $705 for the term
Instructions/Directions Given to Students
Instructions, directions and guidance provided to students regarding these Emergency Financial Aid Grants can be found on the Soka Financial Aid FAQ page.
HEERF II
On December 27, 2020, the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) was signed into law, providing emergency relief funds to colleges, universities and students affected by the coronavirus pandemic through the Higher Education Emergency Relief Fund II (HEERF II). This summary provides details on the second award Soka University of America received under the HEERF II, the funds for Emergency Financial Aid Grants to students under Award No. P425E200700-20A.
Certification
Soka University of America (SUA) signed and returned to the Department of Education the Certification and Agreement for ED-GRANTS-041020-003 on April 13, 2020, and we received our original grant award notification P425E200700 on May 13, 2020. We received our supplemental grant award notification P425E200700-20A on January 19, 2021.
Award
Soka University of America will receive a total of $175,563 under HEERF II which will be distributed directly to students impacted by campus disruptions due to the coronavirus.
Funds Distributed
As of 6/30/21, Soka University of America has distributed $175,563 in Emergency Financial Aid Grants to Title IV eligible students.
Student Eligibility
Soka University of America (SUA) has an estimate of 201 students eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965.
Method Used to Determine Students Eligibility
Tiers representing students Expected Family Contribution (EFC) are used to determine how much funds students are to receive. Below are the tiers with the amounts. Students did not have to apply with an application.
- Tier 1 EFC $0-999, Award $1,650 for the term
- Tier 2 EFC $1,101-4,999, Award $1,400 for the term
- Tier 3 EFC $5,000-6,499, Award $1,200 for the term
- Tier 4 EFC $6,500-11,999, Award $775 for the term
- Tier 5 EFC $12,000-19,999, Award $660 for the term
- Tier 6 EFC $20,000-25,999, Award $600 for the term
- Tier 7 EFC $26,000-49,999, Award $275 for the term
- Tier 8 EFC > $51,000, Award $200 for the term
Instructions/Directions Given to Students
Instructions, directions and guidance provided to students regarding these Emergency Financial Aid Grants can be found on the Soka Financial Aid FAQ page.
HEERF III
On March 11, 2021, the American Rescue Plan (ARP) was signed into law, providing emergency relief funds to organizations and individuals affected by the coronavirus pandemic through the Higher Education Emergency Relief Fund III (HEERF III). This summary provides details on the third award Soka University of America received under HEERF III, the funds for Emergency Financial Aid Grants to students under Award No. P425E200700-20B.
Certification
Soka University of America (SUA) signed and returned to the Department of Education the Certification and Agreement for ED-GRANTS-041020-003 on April 13, 2020, and we received our original grant award notification P425E200700 on May 13, 2020. We received our supplemental grant award notification P425E200700-20B on May 20, 2021.
Award
Soka University of America will receive a total of $459,114 under HEERF III which will be distributed directly to students impacted by campus disruptions due to the coronavirus.
Funds Distributed
Soka University of America plans to distribute these funds as Emergency Financial Aid Grants to full-time students for the 2021-22 academic year.
Student Eligibility
All full-time students at Soka University of America (SUA) will be considered for eligibility.
Method Used to Determine Students Eligibility
The methodology and disbursement levels are currently under development.
Instructions/Directions Given to Students
Instructions, directions and guidance provided to students regarding these Emergency Financial Aid Grants will be provided upon completion of methodology.
HEERF Quarterly Budget and Expenditure Reporting
Quarterly Budget and Expenditure Reporting for HEERF I, II, and III (a)(1) Institutional Portion, (a)(2), and (a)(3)
Institution Name: Soka University
Date of Report: 7/1/2021
Covering Quarter Ending: 6/30/2021
PR/Award Numbers: P425F200284, P425N200044
Total Amount of Funds Awarded
- Section (a)(1) Institutional Portion: $970,190
- Section (a)(2): NA
- Section (a)(3): $148,874
Final report? No
| Category | Amount in (a)(1) institutional dollars | Amount in (a)(2) dollars, if applicable | Amount in (a)(3) dollars, if applicable | Explanatory Notes |
|---|---|---|---|---|
| Providing additional emergency financial aid grants to students | $168,193 | |||
| Providing reimbursements for tuition, housing, room and board, or other fee refunds. | ||||
| Providing tuition discounts. | ||||
| Covering the cost of providing additional technological hardware to students, such as laptops or tablets, or covering the cost of technology fees. | ||||
| Providing or subsidizing the costs of high-speed internet to students or faculty to transition to an online environment | ||||
| Subsidizing off‐campus housing costs due to dormitory closures or decisions to limit housing to one student per room; subsidizing housing costs to reduce housing density; paying for hotels or other off‐campus housing for students who need to be isolated; paying travel expenses for students who need to leave campus early due to coronavirus infections or campus interruptions. | ||||
| Subsidizing food service to reduce density in eating facilities, to provide pre‐packaged meals, or to add hours to food service operations to accommodate social distancing. | $7,370 | |||
| Costs related to operating additional class sections to enable social distancing, such as those for hiring more instructors and increasing campus hours of operations. | ||||
| Purchasing, leasing, or renting additional instructional equipment and supplies (such as laboratory equipment or computers) to reduce the number of students sharing equipment or supplies during a class period and to provide time for disinfection between uses. | ||||
| Replacing lost revenue from academic sources. | ||||
| Replacing lost revenue from auxiliary services source (i.e., cancelled ancillary events; disruption of food service, dorms, childcare or other facilities; cancellation of use of campus venues by other organizations, lost parking revenue, etc.) | $335,513 | $148,874 | ||
| Purchasing faculty and staff training in online instruction, or paying additional funds to staff who are providing training in addition to their regular job responsibilities. | ||||
| Purchasing additional equipment or software to enable distance learning, or upgrading campus Wi‐Fi access or extending open networks to parking lots or public spaces, etc. | ||||
| Campus safety and operations | ||||
| Other Uses of (a)(1) Institutional Portion funds | ||||
| Other Uses of (a)(2) or (a)(3) funds, if applicable | ||||
| Quarterly Expenditures for each Program | $511,076 | $148,874 | ||
| Total of Quarterly Expenditures | $659,950 |