Finance

The Office of Administration & Finance is committed to providing friendly, timely and efficient service to SUNO’s students and its academic and business offices.

We also support the University’s fiscal operations and reporting of its finances that are line with state and federal guidelines and regulations.
Budget & Financial Planning, Financial Accounting Services, Purchasing & Procurement Services, Property Management, Human Resources

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CARES ACT HIGHER EDUCATION
EMERGENCY RELIEF FUND REPORTING

Southern University at New Orleans (SUNO) has signed and returned to the U.S. Department of Education the Certification and Agreement on April 22, 2020.  The certification was submitted for both the student and institution portion of the allocation.  SUNO assures that the funds were used as required in the mandate.  Specifically, 50 percent of the funds received under Section 18004 (a)(1) of the CARES Act were provided as Emergency Financial Aid Grants to students.

Chart 1 shows the total amount of CARES Act - Higher Education Emergency Relief Funds (HEERF) that the institution received from the U.S. Department of Education pursuant to the institution’s Certifications and Agreements for Emergency Financial Aid Grants to Students (Student Portion), Institutional Portion and the HBCU-Emergency Relief Fund.  The link for the quarterly report for the Institutional Portion and HBCU award is below the chart and is for all expenses, including expenses that have not been reimbursed to the University, and is from the date the first CARES Act award was received by the institution through September 30, 2020.

Chart 1 - Q1

CARES Act Expenditures for QTR Reports Support - September 30, 2020 (.pdf)

 

Chart 2 shows the total amount of Higher Education Emergency Relief Funds (HEERF) that the institution received from the U.S. Department of Education pursuant to the institution’s Certifications and Agreements for Emergency Financial Aid Grants to Students (Student Portion), Institutional Portion, and the HBCU-Emergency Relief Fund.  The quarterly report for the Institutional Portion and HBCU award is shown at the link below this chart and is from the date the first HEERF award was received by the institution through December 31, 2020

Chart 2 - Q2

CARES Act Expenditures for QTR Reports Support - December 31, 2020 (.pdf)

 

Chart 3 shows the total amount of Higher Education Emergency Relief Funds (HEERF) that the institution received from the U.S. Department of Education pursuant to the institution’s Certifications and Agreements for Emergency Financial Aid Grants to Students (Student Portion), Institutional Portion, and the HBCU-Emergency Relief Fund.  The quarterly report for the Institutional Portion and HBCU award is shown at the link below this chart and is from the date the first HEERF award was received by the institution through March 31, 2021

Chart 3 - Q3

CARES Act Expenditures for QTR Reports Support - March 31, 2021 (.pdf)


Chart 4 shows the total amount of Higher Education Emergency Relief Funds (HEERF) that the institution received from the U.S. Department of Education pursuant to the institution’s Certifications and Agreements for Emergency Financial Aid Grants to Students (Student Portion), Institutional Portion and the HBCU-Emergency Relief Fund.  The quarterly report for the Institutional Portion and HBCU award is shown at the link below this chart and is from the date the first HEERF award was received by the institution through June 30, 2021

Chart 4 - Q4

CARES Act Expenditures for QTR Reports Support - June 30, 2021 (.pdf)

 

The students were provided with instructions, directions, and/or guidance by the institution concerning the Emergency Financial Aid Grants:  https://www.suno.edu/index.cfm?action=pagebuilder&pageID=what-you-need-to-know-about-your-stimulus-checks

This included background information about the CARES Act and Frequently Asked Questions (FAQs) to guide students in completing their applications.  In addition, students were asked to complete an application to meet requirements to receive the funds, and once completed it was routed to Information Technology for verification and validation and then to Student Accounts for allocation. An email with the application link was sent to all SUNO students enrolled for spring semester 2020 with application instructions for emergency grant funding.

https://www.suno.edu/index.cfm?action=form&formID=covid19-emergency-financial-aid-grants-form

The total amount of Emergency Financial Aid Grants (Student Portion) distributed to students under Section 18004(a)(1) of the CARES Act is a total of $2,481,663 (SUNO-STUDENT $1,240,831 & SUNO-INSTITUTIONAL $1,240,831) at 9/30/2020.  The institution continues to distribute the funds as the students meet the requirements to receive the funds.

The estimated total number of students at the institution who are or could be eligible to participate in the Federal student financial aid programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is 1,584 students.  

The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 1,099 Full-time students and 310 Part-time students.

Undergraduate students who are Pell-eligible and Graduate student received the below:

  • Full-time students - Undergraduate and Graduate students  -  $783.00
  • Part-time students - Undergraduate and Graduate students -  $392.00

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 includes the following:  

(1) The institution determined which students enrolled for Spring 2020 would receive Emergency Financial Aid Grants provided by the Cares Act Funding by using the following information.  In addition, International, Dual Enrollment, Cross enrolled, and 100 % online students were not eligible to receive funding.  

(2) The institution required the students to complete an application to assist in determining eligibility which requires the student to explain how they intend to use the funds received; and

(3) The institution required the Information Technology Analyst to review all eligible students to determine the students' current status prior to the distribution of the funds by the institution prior to routing to Student Accounts for disbursement.


Teresa Hardee, Ed.D.,C.P.A.

Teresa Hardee, Ed.D.,C.P.A.

Vice-Chancellor for Administration and Finance

Email: THardee@suno.edu

Phone: 504-284-5474

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