HEERF III Student Report as of June 30, 2021

American Rescue Plan, 2021 (ARP) Student Portion

Higher Education Emergency Relief Fund
Emergency Student Financial Aid Grants
Report as of June 30, 2021

On March 11, 2021, the President of the United States signed the American Rescue Plan, Public Law 117-2 which, among other things, provided $39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic. These funds are referred to as the Higher Education Emergency Relief Fund (HEERF III).

As a recipient of HEERF III funds, the following information is provided to comply with guidance from the Department of Education.

  1. On April 13, 2020, 老王论坛 (the 鈥淐ollege鈥) signed and returned to the Department of Education (鈥淒oE鈥) the Certification and Agreement associated with the Emergency Financial Aid Grants to Students under the Coronavirus Aid, Relief, And Economic Security Act (the 鈥淐ARES Act鈥). 老王论坛 received its HEERF III Grant award notification on May 18, 2021; signing an additional agreement to receive this funding allocation was not required. In keeping with the terms of acceptance of these funds, 老王论坛 will use no less than $1,319,093 to provide Emergency Financial Aid Grants directly to students.
     
  2. 老王论坛 was allocated $1,319,093 under Section 2003(a)(1) of the ARP which is specifically designated to be provided directly to students.
     
  3. Through June 30, 2021, $12,225 of the Emergency Financial Aid Grant under Section 2003(a)(1) of the ARP was distributed to eligible students.
     
  4. The estimated number of students enrolled at the institution as of March 21, 2021 eligible to receive HEERF III Emergency Financial Aid Grants was 1,565.
     
  5. Through June 30, 2021, the total number of students who received an Emergency Financial Aid Grant to students under Section 2003(a)(1) of the ARP is 10. All of those grants were distributed on or about April 12, 2021.
     
  6. These ARP Funds were provided to eligible undergraduate students, regardless of citizenship status, enrolled in the Spring 2021 semester who had demonstrated financial need and were not eligible for HEERF I or HEERF II grants. Students with greater demonstrated financial need were provided larger amounts while those with less demonstrated financial need were provided smaller amounts. Undergraduate students whose institutionally-calculated estimated family contribution (EFC) was less than $10,000 for the year received up to $1,325; those whose institutional EFC was between $10,001 and $25,000 received up to $900; and other eligible students with institutional EFCs over $25,000 (but less than the cost of attendance) received up to $300.

    As of June 30, 2021, $1,306,868 of the student allocation was undistributed.
     
  7. Information about HEERF III funds will be sent to students via e-mail in early September, 2021.