IWP CARES Act Quarterly HEERF Report (12/31/2020)

Acknowledgement that the Institution signed and returned to the Certification Agreement

On April 20, 2020, the Institute of World Politics (IWP) signed and submitted the Certification and Agreement Emergency Financial Aid Grants to Students under the Coronavirus Aid Relief, and Economic Security (CARES) Act to the Department of Education.

The Total of funds the Institution has received from the Department of Education for funds to students

The total amount of funds that the institution received from the Department pursuant to the institutions Certification and Agreement for Emergency Financial Aid Grants to Students was $18,768.

Total Amount of Federal Aid Distributed to Students

As of December 31, 2020, a total of $17,194.50 has been distributed to students under Section 18004(a)(1) of the CARES Act.

Estimated number of students eligible to participate under Section 484 in TIV of the Higher Education Act of 1965

There are approximately 73 students at the Institute of World Politics eligible to participate in programs under Section 484 in the TITLE IV of the Higher Education Act of 1964 and thus eligible to receive Emergency Financial Aid Grants to students under section 18004(a)(a) of the CARES Act.

Total number of students who have received Emergency Financial Aid Grants to students under section 18004(a)(1) of the CARES Act

Approximately 12 students have received an Emergency Financial Aid Grant under section 18004(a)(1) of the CARES Act as of 12/31/2020.

Methods used by The Institute of World Politics (IWP) to determine student’s eligibility and amount of Emergency Financial Aid Grant under section 18004(a)(1) of the CARES Act

The factors determining student eligibility for CARES Act Emergency Funding from the Institution of World Politics were as follows:

  • Students must be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965. The student must have a valid 2019-2020 FAFSA application on file with the institution.
  • Student must be enrolled at least half time.
  • Student must be a United States citizen.
  • Student must be meet Satisfactory Academic Progress.

A lump sum of $1,500 was determined by the committee to be an adequate amount that could be evenly distributed as close as possible to the allocated funds (as of 6/30/2020). After 6/30/2020, a lump sum of $1,321.50 was determined by the committee to be an adequate amount that could be evenly distributed to 3 students who had aid distributed as of August 21, 2020 for the disbursement to be as close as possible to the allocated funds.

The following instruction has been provided to students at The Institute of World Politics (IWP) regarding the CARES Act Emergency Grants to students

The college sent the following communication to students:

  • A “Notice to Students” went out on 5/7/2020 advising students of the CARES Act funding, criteria for applying, and contact information.
  • Upon receipt of the student’s request, and supplemental documentation, students received the link to an electronic application to the IWP Cares Act Information Request Form to provide certification of eligibility and method to payment to receive funds.
  • Students who were not eligible for the CARES Act funds received written notification from the CARES Act Emergency Grants committee that they were not to receive funding.
  • Students who were approved for payment were advised that funds would be disbursed as early as 6/16/2020.

IWP CARES Act Quarterly HEERF Report (10/29/2020)

PDF: Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion, 18004(a)(2), and 18004(a)(3), if applicable

IWP CARES Act Quarterly HEERF Report (9/30/2020)

Acknowledgement that the Institution signed and returned to the Certification Agreement

On April 20, 2020, The Institute of World Politics (IWP) signed and submitted the Certification and Agreement Emergency Financial Aid Grants to Students under the Coronavirus Aid Relief, and Economic Security (CARES) Act to the Department of Education.

The Total of funds the Institution has received from the Department of Education for funds to students

The total amount of funds that the institution received from the Department pursuant to the institutions Certification and Agreement for Emergency Financial Aid Grants to Students was $18,768.

Total Amount of Federal Aid Distributed to Students

As of September 30, 2020, a total of $17,194.50 has been distributed to students under Section 18004(a)(1) of the CARES Act.

Estimated number of students eligible to participate under Section 484 in TIV of the Higher Education Act of 1965

There are approximately 73 students at The Institute of World Politics eligible to participate in programs under Section 484 in the TITLE IV of the Higher Education Act of 1964 and thus eligible to receive Emergency Financial Aid Grants to students under section 18004(a)(a) of the CARES Act.

Total number of students who have received Emergency Financial Aid Grants to students under section 18004(a)(1) of the CARES Act

Approximately 12 students have received an Emergency Financial Aid Grant under section 18004(a)(1) of the CARES Act as of 9/30/2020.

Methods used by The Institute of World Politics (IWP) to determine student’s eligibility and amount of Emergency Financial Aid Grant under section 18004(a)(1) of the CARES Act

The factors determining student eligibility for CARES Act Emergency Funding from the Institution of World Politics were as follows:

  • Students must be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965. The student must have a valid 2019-2020 FAFSA application on file with the institution.
  • Student must be enrolled at least half time.
  • Student must be a United States citizen.
  • Student must be meet Satisfactory Academic Progress.

A lump sum of $1,321.50 was determined by the committee to be an adequate amount that could be evenly distributed to 3 students who had aid distributed as of August 21, 2020 in order for the disbursement to be as close as possible to the allocated funds.

The following instruction has been provided to students at The Institute of World Politics (IWP) regarding the CARES Act Emergency Grants to students

The college sent the following communication to students:

  • A “Notice to Students” went out on 5/7/2020 advising students of the CARES Act funding, criteria for applying, and contact information.
  • Upon receipt of the student’s request, and supplemental documentation, students received the link to an electronic application to the IWP Cares Act Information Request Form to provide certification of eligibility and method to payment to receive funds.
  • Students who were not eligible for the CARES Act funds received written notification from the CARES Act Emergency Grants committee that they were not to receive funding.
  • Students who were approved for payment were advised that funds would be disbursed as early as 6/16/2020.

IWP CARES Act Quarterly HEERF Report (6/23/2020)

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Under the Act, the Department of Education distributed relief funds to higher education institutions, including IWP. At least 50% of the funds were designated for emergency financial aid grants to students who faced financial difficulties because of the pandemic. The Department of Education requires institutions to post the information about the program on their websites.

1. An acknowledgement that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

IWP signed and returned the Certification and Agreement to the Department and intends to use no less than 50% of the funds to provide Emergency Financial Aid Grants to students. The distributions are termed IWP CARES Grants.

2. The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students.

IWP received a total of $37,536 and intends to use at least $18,768 for IWP CARES Grants.

3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day Report and every 45 days thereafter).

As of June 23, 2020, IWP has distributed $13,500 as IWP CARES Grants to students.

4. The estimated total number of students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

IWP’s total student enrollment is approximately 185. Approximately, 177 students completed FAFSA forms for the 2019-2020 school year. We lack data on the number of students who may have faced financial difficulties as a result of the pandemic.

5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act.

As of June 23, 2020, fewer than ten students have received an IWP CARES Grant.

6. The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.

IWP has informed all students about the availability of IWP CARES Grants and the application process. Requests from interested students are reviewed by an IWP CARES Grant Committee consisting of 6 senior administrators. The Committee determines, on a nondiscriminatory basis, who will receive grants and in what amounts. Highest priority goes to students facing hardship in meeting housing and food costs. Other areas for support include utilities, family care, and education expenses such as technology, fees, and books.

7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

  1. On May 7, 2020, IWP issued a notice to all students explaining the program; how to apply for a grant; and how IWP will process the requests.
  2. The IWP Cares Grant Committee consulted by electronic means, reviewed all applications already submitted, made a preliminary determination to award a grant to each student who had requested support in the amount of $1500.
  3. On June 2, 2020, IWP contacted each student who had applied for a grant. Each student was asked to complete a simple online form, to confirm their current contact information, and to indicate whether they preferred payment via a paper check or an ACH transfer.

Copies of the materials provided to students are available upon request to IWPCares@iwp.edu.