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Get the free CARES Act Institutional Report No. 4 - 09302021 - REVISED 0225202253.docx

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OMB Control Number 18400849 Expires 3/31/2024Quarterly Budget and Expenditure Reporting for The ERF I, II, and III (a)(1) Institutional Portion, (a)(2), and (a)(3), if applicable Institution Name:
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Who needs cares act institutional report?

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Higher education institutions who have received funding through the CARES Act.
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The CARES Act institutional report is a report that institutions of higher education must submit to the Department of Education detailing how they used funds provided by the CARES Act.
All institutions of higher education that received funds from the CARES Act are required to file the institutional report.
To fill out the CARES Act institutional report, institutions must provide information on how the funds were used, including expenditures on emergency financial aid grants to students.
The purpose of the CARES Act institutional report is to provide transparency on how institutions are utilizing funds provided by the CARES Act.
Institutions must report on the total amount of funds received, the amount distributed to students as emergency financial aid grants, and any other uses of the funds.
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