CARES Act Website Disclosures

Lafayette Campus

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.

LAFAYETTE CAMPUS
Total Funds Received $44,273
Total Funds Distributed $44,273
Total Eligible to Apply 78
Total Students who Applied 55
Total Students Eligible to Receive 47
DISTRIBUTION NARRITIVE
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