CARES Act and HEERF funding for students
As part of the federal government’s coronavirus relief and economic stimulus packages, federal funding has been made available to institutions of higher education to be awarded directly to students as emergency financial aid grants. Earlham has applied for and received such funding. The first round of funding, known as the CARES Act or HEERF I, was for the period starting on March 13, 2020. Earlham’s allocation of these funds was fully disbursed by Dec. 9, 2020. The second round of funding, known as HEERF II, covers the period starting on Dec. 27, 2020.
The Higher Education Emergency Relief Fund (HEERF) is federal funding to higher education to provide emergency financial support to individuals and organizations affected by the COVID-19 (novel coronavirus) pandemic.
HEERF I was authorized through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Public Law 116-136, and authorizes $30.75 billion in support for education.
HEERF II was authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260, signed into law on Dec. 27, 2020. In total, the CRRSAA authorizes $81.88 billion in support for education.
Of those funds, a portion must go directly to students in the form of emergency financial aid grants (HEERF-student share).
Eligibility is determined by:
- Completion of the FAFSA
- Making Satisfactory Academic Progress
- Enrollment in a degree-seeking program at Earlham
- U.S. citizen or permanent resident or other eligible non-citizen as determined by the FAFSA
Non-US citizens, those not enrolled in Spring or Fall 2020, and students only enrolled in on-line classes prior to the pandemic are not eligible for CARES HEERF funding per federal ruling. In addition, students only enrolled in on-line classes prior to March 13, 2020, were not eligible for the HEERF I round of funding.
HEERF I (Starting March 13, 2020)
Funding was to be used to cover expenses related to the disruption of campus operations due to coronavirus. This included costs such as food, housing, course materials, unanticipated travel, technology, health care, and child care expenses. In determining how much the disruption has cost them, students were instructed to subtract any cash refunds they already received from Earlham for prorated meals and housing credits.
HEERF II (Starting Dec. 27, 2020)
Funding may be used for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus.
The funds will be allocated based on need as determined by your FAFSA.
On the Qualtrics survey you may select to have your funds direct deposited into your bank account via Paymerang, or have a check mailed to the address you provide us. For HEERF II funds only (beginning Dec. 27, 2020), you may also request that the funds be applied to your student account balance.
Funds will be distributed every Thursday for surveys returned by the previous Sunday until Earlham’s CARES Act grant is fully expended, at which point no further payments will be made.
No, these are grant funds provided by the government for you. You do not need to pay them back.
No, the funds will not affect your financial aid in any way.
CARES Act Reports
- CARES Act Student Aid Report #1 – 5/29/2020
- CARES Act Student Aid Report #2 – 7/13/2020
- CARES Act Student Aid Report #3 – 8/20/2020
- CARES Act Student Aid Report #4 – 9/30/2020
- CARES Act Institutional Portion Report #1 – 9/30/2020
- CARES Act Student Aid Report #5 – 12/16/2020 – FINAL
- CARES Act Institutional Portion Report #2 – 12/16/2020 – FINAL