American Rescue Plan Act Institutional Expenditures
LVC will post required quarterly expenditures here. Please visit here to view the first report.
Is LVC eligible for emergency relief funds to students through the American Rescue Plan Act (ARPA)?
Yes. LVC signed and submitted the certification and agreement form to the United States Department of Education (ED).
How much did LVC receive through the ARPA?
LVC was awarded $3,781,983 million. This amount is based primarily on the number of full-time enrolled students who are eligible for the Federal Pell Grant. $1,891,415 will be awarded as emergency grants to students.
Who is eligible to receive the grant?
Students who were enrolled during the 2021 spring semester, 2021 summer term, and/or 2021 fall semester and incurred emergency expenses in one of the following areas: tuition, fees, housing, meals, personal expenses, transportation, books and supplies, healthcare (including mental) or child care.
International students and non-U.S. citizens/non-permanent residents ARE eligible.
You are not required to file the FAFSA to be eligible; however, filing the 2021-2022 FAFSA will ensure that you are receiving the largest grant possible. This applies to undergraduate students only who are U.S. citizens or permanent residents. Non-U.S. citizens/non-permanent residents are not eligible to file.
What if I did not file the FAFSA?
If you are an undergraduate student, it is not too late. You can file the 2021-2022 FAFSA at studentaid.gov/fafsa. The amount of the grant you receive will be determined based on your expected family contribution (EFC) from the FAFSA that is on file at the end of the application period. You should file the FAFSA as soon as possible. Once processed, go to https://portal.lvc.edu/mylvc/apps/StudentEmergencyGrant/ and log in to certify expenses and confirm your address.
How did LVC determine which students will receive emergency financial aid grants and how much will each student receive?
Based on guidance from ED, the number of eligible students and the allocation LVC received, a committee of staff from the financial aid and business offices developed a methodology that would allow students with the greatest financial need/costs to receive the largest grant amount. Grant amounts are based on the following factors: 1) Degree status (undergraduate vs. graduate), 2) Enrollment status (full-time vs. part-time), 3) Financial need as determined by the expected family contribution (EFC) from the FAFSA – for undergraduate students only. The criteria above will be used for the most recent semester you are enrolled to establish your grant amount.
Below are the EFC bands for undergraduate students. Students with an EFC in the lowest band will receive the largest grant amount with lesser amounts allocated to the higher EFC bands. In addition, part-time students will receive a lesser amount than full-time students in each of the respective EFC bands.
0-5,846 (Pell Eligible)
63,688 and up
Grants for graduate students will be determined based on enrollment status (full-time vs. part-time). Full-time students will receive the largest grant amount because they incurred the highest costs.
How do I apply for a grant?
Students who are eligible to apply were sent an email with instructions. If you did not receive an email, then you are not eligible. To apply go to this link https://portal.lvc.edu/mylvc/apps/StudentEmergencyGrant/ and log in to certify that you incurred expenses and confirm your address. Specifically, you must certify that you incurred expenses in at least one of the following areas: tuition, fees, housing, meals, personal expenses, transportation, books and supplies, healthcare (including mental), or child care.
If I am eligible, when and how will I receive the grant?
At the end of the application period, all applicants will receive payment in approximately 2 to 3 weeks. You will receive a check in the mail.
What is the deadline to receive a grant?
The deadline to apply is Monday, October 11, 2021, at 11:59 p.m. All funds will be exhausted and so it is very important that you apply by the deadline.
Do I have to pay back the grant?
No. Emergency financial aid grants do not require repayment.
How many students and how much has been distributed to students?
All funds will be distributed at the end of the application period.
What is the estimated total number of students at the institution eligible to receive an emergency financial aid grant?
Approximately 2,445 undergraduate and graduate students are eligible.