Higher Education Emergency Relief Funds (HEERF I/II/III) Emergency Financial Aid Grants to Students
The Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020, Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) of 2021, and the American Rescue Plan (ARP) Act of 2021 authorized Higher Education Emergency Relief Funds I, II, and III to help higher education institutions prevent, prepare for, and respond to COVID-19. HEERF includes financial aid grants to students, which can be used for the students’ cost of attendance or for emergency costs that arise due to COVID-19 such as tuition, food, housing, and health care. Institutions receiving HEERF funds are required to post information on the use and distribution of both the student financial aid grant portion and the institutional portion of these funds. The required information is listed below and will be updated quarterly.
Hampden-Sydney College used the following method to determine which students would receive the Emergency Financial Aid Grants and how much they would receive:
- Pell Grant eligible students received $900.
- FAFSA filers with Expected Family Contribution (EFC) above Pell but less than $20,000 received $650.
- FAFSA filers with EFC of $20,000-$40,000 received $400.
- FAFSA filers with EFC above $40,000 and who demonstrate financial need received $200.
- Other amounts based on case-by-case appeals submitted by students.
Quarterly Budget and Expenditure Reporting after 2Q22
The U.S. Department of Education announced an updated HEERF quarterly reporting form starting 2Q22. For reports up to 1Q22, please scroll down to ARP Act Grants to Students - Previous Reports and Quarterly Budget and Expenditure Reporting for HEERF Institutional Portion.
ARP Act Grants to Students - Previous Reports
Quarterly Budget and Expenditure Reporting for HEERF Institutional Portion