CARES Act Website Disclosures
The Lafayette campus of the Academy of Interactive Entertainment (AIE) respectfully publishes information regarding student grant funding in accordance with Section 18004(a) of the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act.
|Received Grant Funds - Students||$44,273|
|Grant Funds Distributed - Students||$44,274|
|Total Eligible to Apply||78|
|Total Students who Applied||55|
|Total Students Eligible to Receive||47|
|Received Grant Funds - School||$44,272|
|Grant Funds Distributed - School||$44,271|
|Total Percentage Distributed||100%|
|A collective effort among the financial aid, student services, marketing, and instructional staff was made to ensure students were informed of the CARES Act and to guide them through the application process. Marketing, student services, and instructional staff were primarily responsible for informing students about the availability of CARES grant funding. Students were required to complete a brief electronic application within a two-week application period from the date of notification to the deadline.
Financial Aid personnel were responsible for organizing the supporting documentation for review and approval by the Heads of School prior to distribution.
Disbursements were completed by the Controller after confirming eligibility records were approved by each Head of School. Each AIE campus disbursed 100% of the first half of CARES funding to eligible students; providing equal payments to approved students. Payments will be made to students no less than 30 days from the end of the application period.
The data that are presented is as of May 22, 2020
CARES Act Quarterly Budget 18004(a)(2) – Final September 30 2020 (Lafayette)
CARES Act Quarterly Budget 18004(a)(2) – June 30 2020 (Lafayette)
CARES Act Quarterly Budget 18004(a)(1) – Final (Lafayette)
July 16, 2020
Section 15011 of Division B of the Coronavirus Aid, Relief, and Economic Security (CARES) Act requires that an institution which receives more than $150,000 report to the U.S. Department of Education (Department) on a quarterly basis. The Academy of Interactive Entertainment (AIE) submits the following content endorsing the use of coronavirus relief aid at its Lafayette, LA campus.
To support the education ecosystem in responding to the challenges of the coronavirus, the Lafayette Campus has used a portion of its CARES funding on education technology and instructional materials. CARES funds were expended to prepare and respond to efforts to prevent the spread of COVID-19, planning for potential long-term campus closures, and management remote learning that provides the most conducive learning environment for students.
Report Date: July 17, 2020