Originally posted on July 10, 2021
Updated on September 22, 2021
Updated October 11, 2021
Updated January 10, 2022
American Rescue Plan: Higher Education Emergency Relief Fund (HEERF III)
The Higher Education Emergency Relief Fund III (HEERF III), authorized by the American Rescue Plan (ARP), was signed into law on March 11, 2021, providing $39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic. ARP funds are in addition to funds authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) and the Coronavirus Aid, Recovery, and Economic Security (CARES) Act. Emergency funds available to institutions and their students under all emergency funds total $76.2 billion. Castleton University was awarded $5,383,641, of which $2,697,016 was allocated to help students with expenses incurred as a result of disruptions caused by COVID-19.
On August 5, 2021, Castleton University awarded $500 HEERF III grants to students enrolled in summer courses. The university awarded these funds to a total of 370 students (245 undergraduates and 125 graduates). This totaled $185,000 awarded out of the total $2,697,016 that Castleton was awarded. The remaining $2,512,016 will be disbursed in the current academic year.
On October 1, 2021, Castleton University awarded HEERF III grants to all matriculated students enrolled in the Fall 2021 semester. Upon review, changes were made to student awards on October 8, 2021 to more accurately reflect awarding criteria. These funds were sent directly to students and were not to be applied against their student account. Undergraduate students were awarded based on need as demonstrated by the FAFSA while graduate students were awarded based on part-time/full-time status – the breakdown of categories is below. This award totaled $2,157,500 out of the $2,697,016 that Castleton University was given to disburse to students. Given the $185,000 that was distributed in the summer, there is now $354,516 remaining that will be disbursed to students in the Spring 2022 semester.
|
MASTER SUMMARY - 21FA/21FAK |
|||
|
Categories |
Award Amount |
Number of Students |
Total Awarded |
|
Undergrad 0-5846 EFC |
$1,750 |
594 |
$1,039,500 |
|
Undergrad 5847 - 15000 EFC |
$1,500 |
275 |
$412,500 |
|
Undergrad 15k+ EFC No FAFSA |
$750 |
786 |
$589,500 |
|
Graduate Part-Time |
$500 |
84 |
$42,000 |
|
Graduate Full-time |
$1,000 |
74 |
$74,000 |
|
|
|||
|
Master Totals |
|
1813 |
$2,157,500 |
|
MASTER SUMMARY - 21FA/21FAK |
|||
|
Categories |
Award Amount |
Number of Students |
Total Awarded |
|
Undergrad 0-5846 EFC |
$1,750 |
594 |
$1,039,500 |
|
Undergrad 5847 - 15000 EFC |
$1,500 |
275 |
$412,500 |
|
Undergrad 15k+ EFC No FAFSA |
$750 |
808 |
$606,000 |
|
Graduate Part-Time |
$500 |
84 |
$42,000 |
|
Graduate Full-time |
$1,000 |
75 |
$75,000 |
|
|
|||
|
Master Totals |
|
1836 |
$2,175,000 |