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CARES ACT (CRRSAA) -HIGHER EDUCATION EMERGENCY RELIEF FUNDING FACT SHEETUpdated May 6, 2021Total Amount of Emergency Financial Aid Grant Received for Students: $1,177,258Total Amount of Emergency Financial Aid Grant Distributed to Students as of today: $753,825Total Number of Students Eligible to Receive Emergency Financial Aid Grant: 1053Total Number of Students that Received Emergency Financial Aid Grant: 1053Eligibility Requirements:Student must enrolled in a program at ATA College, ATA College- Cincinnati, ATA College-Tulsa (formerly American Institute of Medical Technology), and/or ATA Career Education at the time of disbursementStudent must be a US Citizen and/or Eligible Non-CitizenValid Social Security NumberRegistered with Selective Service (if applicable)Student must have obtained High School Diploma or GED (Official Transcripts) Student must be enrolled in a class that is currently or was effected by the COVID-19 pandemic. Distribution of Funding:All funding received for Direct Student Payments will apply evenly to all students that meet eligibility requirements. The disbursement schedule will proceed as follows:First Disbursement (Within 30 days of Receiving Funding from G5):All students meeting eligibility requirements will receive 33% of total allocated fundsSecond Disbursement and All Subsequent Disbursements:All students meeting eligibility requirements will receive up to 33% of total allocated funds.Each subsequent disbursement will be issued within 30 days of the start of each subsequent quarter until all funds are exhausted.TENTATIVE Disbursement Schedule (Pending Available Funding):2nd Disbursement: Within 30 days of 03/15/2021 Term3rd Disbursement: Within 30 days of 05/24/2021 Term**The institution signed and returned to the Department of Education, the Certification and Agreement. ATA also acknowledges the assurance the institution has used, or intends to use, 100 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.** ................
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