CRRSAA required reporting

April 28, 2021 – Second student notification

Dear [Student name],

As a New River Community and Technical College student during the spring 2021 semester, you will receive $ [insert amount] in emergency grant funds from the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), under section 314(a)(1). The funds will be distributed to you based on the refund distribution preference that the College has on file for you. The allocation of emergency grant funds was determined based on credit hours and financial need, with those who have record of financial need receiving an additional amount.

To be eligible to receive grant funds through the CRRSAA, a student must have been enrolled at New River CTC on March 22, 2021 as a first-time freshman, returning student, transfer student, or in a workforce education program.

Thank you,

New River Community and Technical College

Business Office

April 23, 2021 – Student notification

Dear [Student Name],

As a New River Community and Technical College student during the spring 2021 semester, you will receive $ [insert amount] in emergency grant funds from the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), under section 314(a)(1). The allocation of emergency grant funds was determined based on credit hours and financial need, with those who have record of financial need receiving an additional amount.

New River CTC will begin distributing funds on April 28, 2021. If you have previously signed up for direct deposit, we will deposit the funds into your account. If you have not signed up for direct deposit, we will mail a check to the address we have on file for you. You may also choose to have the grant applied to your New River CTC account balance. If you would like for your funds to be applied to your balance, please visit https://www.newriver.edu/wp-content/uploads/2021/04/Authorization-Form-to-Apply-CRRSAA.pdf to print, complete and return the form to the College by May 7, 2021

To be eligible to receive grant funds through the CRRSAA, a student must have been enrolled at New River CTC on March 22, 2021 as a first-time freshman, returning student, transfer student, or in a workforce education program.

Thank you,

New River Community and Technical College

Business Office

April 19, 2021 – Distribution of CRRSAA Student Funds

The federal government awarded New River CTC $344,491 to distribute to students as part of the CRRSSAA legislation.

The following generally summarizes how this money is to be distributed.

  1. CRRSAA expands student eligibility beyond the limitations of CARES Act. Eligible students include workforce students, fully online students, and to those not eligible for federal financial aid. Incarcerated students and students who are still in high school are not eligible for funds.
  2. The CRRSSA legislation did require Colleges to pay particular attention to those students with high financial need.
  3. Students may apply received funds to balances owed the College. They are not required to do so and must notify the College in writing if they wish to do so; otherwise, they will receive a check or funds through direct deposit.
  4. Students are free to use this money as they see fit.
  5. The funding is not taxable income nor will it reduce any future federal financial aid.

The following general rules will apply to New River CTC’s distribution of student funds.

  • Students with high financial need were identified in two ways: for credit students—by their Expected Family Contribution score on their federal financial aid application or for workforce students by receiving funding through the State’s workforce development program.
  • Transient students will not receive funding because they will receive funding from their home institutions.
  • Students must have been enrolled at New River CTC on March 22, 2021 to receive funding. This was the date that the federal funds arrived in the College’s account.

The College developed the following three-tier funding model based on billable hours for credit students.

  • Tier One: 1-6 credit, billable hours–$150 to each student or $210 to each high financial need student
  • Tier Two: 7-11 credit, billable hours–$300 to each student or $375 to each high financial need student
  • Tier Three: 12+ credit, billable hours–$450 to each student or $550 to each high financial need student

The College developed the following three-tier funding model based on billable hours for workforce students.

  • Tier One: 4 workforce hours–$150 to each student or $200 to each high financial need student
  • Tier Two: 9 workforce hours–$300 to each student or $375 to each high financial need student
  • Tier Three: 12+ workforce hours–$450 to each student or $550 to each high financial need student

Under this plan, 803 students will receive some funding to help their economic situation.

April 10, 2021

New River Community and Technical College (New River CTC) received an allocation on March 19, 2021, from the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), under section 314(a)(1) in the amount of $1,567,267.

New River CTC returned to the Department of Education the signed Certification and Agreement and the assurance that the institution has used, or intends to use, no less than $344,491 of the funds received under section 314(a)(1) of CRRSAA to provide financial aid grants to students.

As of March 31, 2021, $0 funds have been distributed to New River CTC students. An estimated 804 students are eligible to participate in the program.