ARP Act Higher Education Emergency Relief Fund (HEERF III) Emergency Financial Aid Grants to Students

September 30, 2021

Grant: P425E202159

The American Rescue Plan Act of 2021 (ARP), signed into law on March 11, 2021, authorized the third Higher Education Emergency Relief Fund (HEERF III) to help higher education institutions prevent, prepare for, and respond to COVID-19. Similar to HEERF I established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and HEERF II established by the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), HEERF III 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. ARP also requires institutions making HEERF III financial aid grants to prioritize students with exceptional need.

Institutions receiving HEERF III 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. 

  1. FUNDING CERTIFICATION AND AGREEMENT
    Prior to receiving HEERF I, Hampden-Sydney College signed the Funding Certification and Agreement and returned it to the Department of Education. The College intends to use $879,937, the applicable amount of funds designated under the ARP (a)(1) program, to provide emergency financial aid grants to students.

  2. FUNDS RECEIVED
    Hampden-Sydney College received $879,937 from the Department of Education pursuant to the institution's Certification and Agreement for Emergency Financial Aid Grants to Students under the ARP (a)(1) program. The College has received $1,559,845 total in HEERF I (CARES Act), HEERF II (CRRSAA), and HEERF III (ARP) funds to provide emergency financial aid grants to students.

  3. FUNDS DISTRIBUTED
    As of September 30, 2021, the total amount of HEERF III Emergency Financial Aid Grants distributed to students under the ARP (a)(1) program was $17,478. The combined amount of financial aid grants distributed to students from HEERF I, II, and III totals $581,832.

  4. STUDENT ELIGIBILITY
    As of September 30, 2021, Hampden-Sydney College is distributing the Emergency Financial Aid Grants to Students under the ARP (a)(1) program based on case-by-case appeals. Therefore, we do not have an estimate of the total number of students eligible to receive the student grants.

  5. NUMBER OF STUDENTS RECEIVING FUNDS
    The total number of students who have received an Emergency Financial Aid Grant under the ARP (a)(1) program as of September 30, 2021 is 4.

  6. METHOD USED TO DETERMINE ELIGIBILITY
    As of September 30, 2021, Hampden-Sydney College is distributing Emergency Financial Aid Grants under the ARP (a)(1) program based on a case-by-case basis, based on appeals submitted by the student. The amount distributed to each student is also based on individual appeals.

  7. GUIDANCE PROVIDED TO STUDENTS
    The Financial Aid Office directly communicates with students with appeals about the HEERF III Emergency Financial Aid Grants and what costs the financial aid grants can cover. Students receiving the Emergency Financial Aid Grants are asked to complete an authorization form to indicate whether the funds should be credited to their student account or mailed as a check. Students who choose to receive a check will also be asked to provide their current mailing address.

ARP Act Grants to Students - Previous Reports

Student Aid Report 6/30/21
Student Aid Report 6/18/21

Quarterly Budget and Expenditure Reporting for HEERF Institutional Portion
Grant: P425F200976

Quarterly Budget and Expenditure Report 9/30/21 (final)
Quarterly Budget & Expenditure Report 6/30/21