- Return to campus plan
- COVID Challenge Response Team
- CARES Act
- CARES Act 30-day report
- CARES Act 45-day report
- CARES Act 45-day report – 2
- CARES Act 45-day report – 3
- CARES Act 45-day report – 4
- CARES Act final report
- CARES Act institutional report – 30 Sept 20
- CARES Act Institutional Report – 31 Dec 20
- CARES Act institutional report – 31 March 21
- CARES Act FAQ
- Application information
- How to apply
- CARES Act online application
- CRRSAA Grant
- Safe health practices policy
- Quarantine and isolation protocol
Good morning, Tech Family,
And Happy Hump Day, sort of…. I know that its Thursday, but this is the midpoint of our Spring Quarter and we are about over that hump. It’s a good time to assess where you are and whether you need to make any adjustments to ensure that you finish out the Quarter strong. If you are struggling, please use this time to check in with your professors, advisors or counselors. And don’t forget about all of the resources and information that we have provided on our website to help you get the info that you may need in making decisions. https://www.latech.edu/coronavirus/resources/
We have heard a lot about humps and curves over the past few weeks. It looks like our nation and our state may be near the peak of the hump and flattening the curve with COVID-19. The things that we have all done to maintain social distancing, wash hands, stay at home and wear masks in public places are making the difference. But we MUST stay the course! I am more than ready to see all of you back in the classroom and on our campus! And we are eagerly preparing for that day.
Coronavirus Aid Act
On March 27, the Coronavirus Aid, Relief, and Economic Security Act was passed and signed into law, providing $2 trillion in economic relief to help our country with the health and economic impacts of the COVID-19 pandemic. Of those funds, about $14 billion will be distributed to colleges and universities to provide assistance to both students and the colleges and universities that serve them.
Louisiana Tech has established a small number of work groups who are charged with defining the process for these allocations. They are working hard to ensure the funds designated specifically for student assistance are allocated based on identified financial need and according to the guidelines given for those allocations. I look forward to being able to share their work with you in the next week.
The act does more than allocate funds to those organizations impacted by the pandemic. It also puts into place a number of protections for those who have taken out federal student loans to complete their educational goals. Among those measures are:
- Federal student-loan payments will be suspended from March 13 through Sept. 30, 2020.
- There will be no accrual of interest from March 13 through Sept. 30, 2020. Your loan will – in effect – be frozen during this time period.
- If you made a payment or had a payment automatically withdrawn during this time period, you can contact your lender and request those payments be refunded.
- If you wish to continue making payments, the amount will be applied to the loan’s principal balance once all interest accrued before March 13 has been paid.
These measures only impact federal loans – not those obtained from a private lender.
These measures should benefit many members of the Tech Family, and I encourage you to watch for more communication via email, our COVID-19 website (latech.edu/coronavirus), and social media.
As always, please reach out if you have questions. You are surrounded by other members of the Tech Family who are ready to lend a hand.
Have a great Thursday, and let’s finish the week strong.