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Get the free CARES Act Section 18004 Reporting - Policies & Procedures

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OMBControlNumber1840NEWExp.XX/XX/XXXXQuarterlyBudgetandExpenditureReportingunderCARESActSections18004(a)(1)InstitutionalPortion,18004(a)(2),and 18004(a)(3),ifapplicable UNCChapel Hill 04/10/2021 CoveringQuarterEnding:___
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Cares act section 18004 is needed by individuals or entities that are eligible for financial assistance or benefits under the CARES Act.
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This section is specifically designed for individuals, businesses, educational institutions, and other eligible recipients to access the financial aid provided by the CARES Act.
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CARES Act Section 18004 provides funding for higher education institutions to assist students during the COVID-19 pandemic, including emergency financial aid grants to students.
Institutions of higher education that received funding under the CARES Act are required to file reports regarding the use of the funds allocated under Section 18004.
To fill out CARES Act Section 18004, institutions must complete a report detailing how funds were allocated and distributed, including the specific amounts given as emergency financial aid to students.
The purpose of CARES Act Section 18004 is to support higher education institutions in responding to the impacts of the COVID-19 pandemic, ensuring students have access to financial resources for their education.
Institutions must report on the total amount of funds received, the amount distributed to students, eligibility criteria used for distribution, and the number of students who received funds.
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