2021
- FY 2021 — Q1 Institutional Report
- FY 2021 — Q3 Institutional Report — Revised
- FY 2021 — Q4 Institutional Report — Revised
2022
- FY 2022 — Q1 Institutional Report — Revision 1
- FY 2022 — Q1 Institutional Report — Revision 2
- FY 2022 — Q1 Institutional Report — Revision 3
- FY 2022 — Q1 Student Aid Report — Revised
- FY 2022 — Q2 Institutional Report — Revised
- FY 2022 — Q2 Student Aid Report
- FY 2022 — Q3 Institutional Report
- FY 2022 — Q3 Student Aid Report — Revised
- FY 2022 — Q3 Student Aid Report
- FY 2022 — Q4 Institutional Report — Revised
- FY 2022 — Q4 Institutional Report
This statement provides information to comply with reporting requirements for Alvernia University’s participation in the CARES Act Higher Education Emergency Relief Fund (HEERF).
- On April 9, 2020, in a letter from Secretary of Education Betsy DeVos, Alvernia learned that the university would receive an allocation from the HEERF program of $1,983,784 of which no less than $991,982 must be distributed to eligible students in the form of emergency grants related to disruption of instruction due to the Covid-19 pandemic.
- On April 10, 2020, Alvernia submitted the required grant documents for the first part of the HEERF funds for student emergency grants. Alvernia submitted the required certification document at that time.
- On April 22, 2020, Alvernia submitted the required grant documents for the second part of the HEERF funds for institutional grants. Alvernia submitted the required certification document at that time.
- On April 28, 2020, Alvernia received notice that the HEERF emergency student funds grant of $991,892 was approved and ready for drawdown in the G5 system.
- On May 1, 2020, Alvernia President John R. Loyack issued a notice to all students concerning the availability of the emergency grants and the eligibility requirements. Alvernia opened a website portal to enable students to apply for the grants.
- On May 5, 2020, Alvernia drew down $991,892 in HEERF emergency student grant funds from the G5 system.
- On May 6, 2020, Alvernia disbursed 823 grants totaling $1,008,175 to eligible students. The average grant size was $1,225 and was delivered to Title IV eligible residential students. The total amount meets the 50% minimum required for the HEERF grants.
- On May 7, 2020, Alvernia received notice that the HEERF institutional grant portion of $991,892 was approved and available for drawdown.
- On May 8, 2020, Alvernia made a second set of awards via a student account credit of $1,225 for outstanding balances or as a credit to Summer 2020 or Fall 2020 charges. This brings the total of CARES act funding awarded to students to $1,983,784.
- On May 11, 2020, Alvernia drew down $991,892 in HEERF institutional grant funds from the G5 system.
- On May 15, 2020, Alvernia awarded $99,360 in awards funding to 48 graduating students from the Federal Supplemental Educational Opportunity Grants (SEOG).
- Alvernia estimates that 2,052 Title IV eligible students are enrolled in Spring 2020; the number is based on the number of students who filed a FAFSA for Spring 2020.
- Alvernia has also disbursed $32,566 in emergency grants to 13 students from privately funded sources. These grants were awarded to students who are ineligible for the federal grants, allocated in the same proportions.
- Hence, in total as of May 29, 2020, Alvernia has disbursed $2,115,710 to 871 students (823 CARES eligible + 48 others).
