CARES Act: Higher Education Emergency Relief Fund

CARES Act: Higher Education Emergency Relief Fund

The Coronavirus Aid, Relief, and Economic Security (CARES) Act is a legislation passed by Congress to respond to COVID-19. Included in the legislation is the Higher Education Emergency Relief Fund (HEERF), which allocates funds to institutions based on the number of students with high financial need and the institution’s total student enrollment. Of each institution’s HEERF allocation, 50% must be distributed directly to the students in the form of emergency student financial aid grants to cover expenses related to the disruption of campus operations due to COVID-19. The remaining portion of an institution’s CARES Act funding may be used for certain other expenses relating to the disruption of campus operations due to COVID-19. CARES Act established an approximately $14b Higher Education Emergency Relief Fund (HEERF). FXUA was allocated $78,294.00. If you need more information on Cares Act please go to: https://www2.ed.gov/about/offices/list/ope/caresact.html#ins

Public Information Required by the CARES Act

Higher Education Emergency Relief Fund – Student Aid
Posted: 07/27/2020

Higher Education Emergency Relief Fund – Institutional Portion
Posted: 07/27/2020

Click here to read more about Distribution of Funds to Eligible Students.

 

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