CARES Act Funding - Financial Aid

Higher Education Emergency Relief Funds (HEERF)

Federal Reporting - Emergency Financial Grants to Students:

Federal Reporting - Institutional Portion: 9/30/20, 12/31/20, 3/31/21, 6/30/21, 9/30/2021, 12/31/2021, 3/31/2022, 3/31/2022 (amended)

Federal Reporting - Emergency Financial Grants to Students and Institutional Portion combined:
07/08/2022

Announcements

Student Loan Debt Relief Plan: On August 24, 2022, Federal Student Aid and the Biden-Harris Administration announced loan cancelation plans of up to $10,000 in federal student loan debt for Americans earning less than $125,000 per year ($250,000 for couples) and up to $20,000 for borrowers who received Pell Grants while they were in college.

If the U.S. Department of Education doesn’t have your income data – or if you don’t know if the U.S. Department of Education has your income data, the Administration will launch a simple application in the coming weeks.

Borrowers can view their loan balances and check their Pell Grant status by logging into their Federal Student Aid account online at studentaid.gov.

In addition, the student loan payment pause has been extended for one final time through December 31, 2022.

Higher Education Emergency Relief Funds

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Coronavirus Response and Relief Suppplemental Appropriations (CRSSA) Act, and the American Rescue Plan (ARP) Act each provided funding to institutions of higher education through the Higher Education Emergency Relief Fund (HEERF). Learn more here.