ARP
Act Funding (MSI)
The Financial Aid Emergency Grant
Application is now available for qualified students who are eligible to receive
funding from the APR Act Grant-Minority Serving Institution (MSI). Laredo
College students who were enrolled and were impacted by the COVID -19 pandemic,
can submit this online application.
Laredo College has received an
allocation of $1,401,147.00 funded by the American Rescue Plan Act (MSI) under
the Higher Education Emergency Relief funds, which was passed by Congress and
signed into law in March 11, 2021.
ARP (MSI) emergency funds may be
used for any component of the student’s cost of attendance or for emergency
costs that arise due to the COVID-19 pandemic, such as tuition,
housing, food, health care (including mental health care) or childcare.
The ARP (MSI) funds will be
distributed to eligible students that meet certain criteria set by the
Department of Education. Laredo College will prioritize students with exceptional need, such as students who
receive Federal Pell Grants, SEOG in awarding (HEERF III) grants to students;
beyond PELL eligibility such as loss of employment, reduced income, or food or
housing insecurity. These grants will be used to assist Title IV and Non-Title
IV eligible students due to the ongoing COVID-19 pandemic.
Eligible students will meet the
following requirements:
- Students must have been enrolled at least one credit
hour on or after March 13, 2020
- Demonstrate exceptional financial need
Financial Hardship Allowable
Expenses:
- Any component of cost of attendance
- Tuition
- Books
- Lack of educational support
(including technology)
- Food
- Housing Health Care Child Care
- Transportation & Personal
Expenses
Laredo College Higher Education Emergency Relief Fund
Report
1. An
acknowledgement that the institution signed and returned to the Department the
Certification and Agreement and the assurance that the institution devote the
maximum amount of funds possible to student grants under the ARP Act (MSI)
funds.
2. The total amount of
funds that the institution will receive or has received from the Department
pursuant to the institution’s Certification and Agreement [for] Emergency
Financial Aid Grants to Students under The American Rescue Plan (MSI).
- Laredo College has received the
U.S. Department of Education Higher Education Emergency Relief Funds
(HEERF) under the American Rescue Plan (MSI), Laredo College received a
total amount $1,401,147.00 to be distributed to eligible students affected
by the COVID-19 pandemic.
3. The total
amount of Supplemental Higher Education Emergency Relief Funds (HEERF III)
distributed to students under Section 314(a)(2) of the HEERF III (ARP) as of
the date of submission (i.e., as of the 30-day Report and every 45 days
thereafter).
- As of 08/2021, Laredo College
has distributed $1,401,147.00.
4. The
estimated total number of students at the institution eligible to participate
under the American Rescue Plan Act (ARP) Funding to students under Section
314(a)(2) of the HEERF III.
- Laredo College has identified
approximately 1,235 eligible students to receive the ARP Act
Funding.
5. The total
number of students who have received the American Rescue Plan Act (ARP) Funding
(HEERF III) to students under Section 314(a)(2).
- Out of 1,235 eligible students 990
have received American Rescue Plan (MSI).
6. The
method(s) used by the institution to determine which students receive the
American Rescue Plan Act (MSI) and how much they would receive under
Section 314(a)(2) of the HEERF III (ARP). As required by ARP, Laredo College
prioritize students with exceptional
need.
- Laredo College awarded:
- $1,700.00 to students who had an EFC of Zero (0).
- $1,400.00 to students who had an EFC of 1 – 5700.
- $1,100.00 to students with no FAFSA 20-21 or EFC
higher than 5700.
Please check your LC Email and/or
the Financial Aid Website: http://www.laredo.edu/cms/fa/ for details and updates. In addition, stay tuned for communications from Laredo
College regarding the distribution of Higher Education Emergency Relief Fund
(HEERF) Grants.
For further information or
questions, please email finaid@laredo.edu or call 956-721-5361/956-794-4360.