HEERF III
HEERF III Quarterly Reporting 1
The Federal Emergency
Grants for Fall 2021
The
California Institute of Technology (Caltech) signed and returned the
Certification & Agreement with the Department of Education to accept
allocated funds from the American Rescue Plan (ARP), Public Law 117-2. The ARP
established and funded the Higher Education Emergency Relief Fund III (HEERF
III) to provide emergency financial aid grants. These critical funds help
eligible Caltech students cover expenses related to college costs such as
tuition, food, housing, health care (including mental health care), or any
other needs related to an emergency situation.
Federal Emergency Aid
Grant Reporting
As of
January 10, 2022, Caltech received $1,136,791 for students to fund the Federal
Emergency Financial Aid Grants. The estimated number of undergraduate students
potentially eligible to be considered to receive Emergency Financial Aid Grants
in Fall Quarter 2021 was 987, which was the total number of undergraduate
students enrolled fall term at census date. As of January 10, 2022, $528,000 in
HEER funds has been disbursed to 132 unduplicated students.
Federal Emergency Aid
Grant Criteria and Eligibility
In the first
round of funding, per Department of Education guidance, Caltech prioritized
undergraduate students with exceptional need. Students received an email
notifying them they were eligible for and would be receiving a HEERF grant in
the amount of $4,000. In the email communication students were given
instructions on how to claim the funds.
HEERF III Quarterly Reporting 2
The Federal Emergency
Grants for Winter 2022
The
California Institute of Technology (Caltech) signed and returned the
Certification & Agreement with the Department of Education to accept
allocated funds from the American Rescue Plan (ARP), Public Law 117-2. The ARP
established and funded the Higher Education Emergency Relief Fund III (HEERF
III) to provide emergency financial aid grants. These critical funds help
eligible Caltech students cover expenses related to college costs such as
tuition, food, housing, health care (including mental health care), or any
other needs related to an emergency situation.
Federal Emergency Aid
Grant Reporting
As of April
11, 2022, Caltech received $1,136,791 for students to fund the Federal
Emergency Financial Aid Grants. The estimated number of undergraduate students
potentially eligible to be considered to receive Emergency Financial Aid Grants
in Winter Quarter 2022 was 982, which was the total number of undergraduate
students enrolled winter term at census date. As of April 11, 2022, $742,500 in
HEER funds has been disbursed to 175 unduplicated students.
Federal Emergency Aid
Grant Criteria and Eligibility
In the
second round of funding, Caltech made HEERF III available to enrolled
undergraduate students who were U.S. citizens or eligible non-citizens and had received
some financial aid. Students were sent an email with a link to a HEERF Request
Form. Students used the form to apply for HEER Funding. Award amounts were
based on emergency costs incurred due to the coronavirus or eligible expenses under
a student's cost of attendance, such as food, housing, course materials,
technology, and health care. The maximum award amount was $10,000.
HEERF III Quarterly Reporting 3
Quarter Ending 06/30/2022 Expenditure Report
HEERF III Quarterly Reporting 4
Quarter Ending 09/30/2022 Expenditure Report
Quarterly Budget and Expenditure
Reporting for HEERF III Institutional
Portion
HEERF III Press Release
HEERF Grants
Caltech was awarded $2,273,581 in HEERF III funding as part of the American Rescue Plan Act of 2021 (ARP), Public Law 117-2, signed into law on March 11, 2021. Half of this allocation, $1,136,791, is to be used to award emergency financial aid grants to students.
Students can use these emergency grants for any component of their cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care) or child care. Students determine how they may use their funds within the allowable uses.
Additional
Information
U.S. Department of Education: American Rescue Plan (HEERF III)
IRS: Higher Education Emergency Grants Frequently Asked Questions
FAQ
Who
will receive a HEERF grant?
Domestic
undergraduate students on financial aid enrolled during academic year 2021-2022.
How
do I request a HEERF grant?
If
you are eligible for a HEERF grant you will be sent an email with instructions
on how to apply for these funds.
If
I am not on financial aid, can I receive a HEERF grant?
Maybe, but per the Department of Education guidance, Caltech must ensure domestic undergraduate
students with exceptional need are prioritized in the allocation of these funds.
Do
HEERF need to be repaid?
No,
these are federal grants that do not need to be repaid.
Are
HEERF grants considered taxable income?
No.
Emergency financial aid grants made by a federal agency to a
student because of an event related to the COVID-19 national emergency are not
included in the student's gross income. For more information, please see the
Internal Revenue Service (IRS) bulletin Emergency
aid granted to students due to COVID is not taxable (March 30, 2021).
Will
receiving a HEERF grant affect my financial aid offer?
No,
HEERF grants are not financial aid and will not reduce your aid eligibility. In
addition, they will not be counted as income when calculating your family's
expected contribution.