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American Recovery Plan (ARP)- Higher Education Emergency Relief Fund (HEERF) III.
July 8, 2022
Overview
SNU received $5,883,081 from Section 2003(a)(1) and Section 2003(a)(2) of the American Rescue Plan Act of 2021 (ARP). Pursuant to the Certification and Agreement for Emergency Financial Aid Grants to Students, $2,817,602 has been designated to be distributed to eligible students financially impacted by the coronavirus.
The Supplemental Agreements and Frequently Asked Questions for the American Rescue Plan Act of 2021 (ARP) direct institutions receiving funds under Section 2003(a)(1) and Section 2003 (a)(2) of the ARP (Pub. L. 117-2) to comply with applicable quarterly reporting requirements originally implemented through the CARES Act for HEERF I funding. Following this guidance, information on the use and distribution of both the student portion and the institutional portion of SNU’s ARP HEERF III funds will be posted no later than 10 days after the calendar quarter in which federal funds are drawn down.
Student Quarterly Report
The American Rescue Plan, which was signed into law in March 2021, provides economic relief in response to COVID-19. Included in the legislation is the Higher Education Emergency Relief Fund III (HEERF III), which provides funding to higher education institutions across the country to distribute to students with financial need.
Eligible student groups include citizens, permanent residents, international students, refugees, asylum seekers, DACA recipients, other DREAMers and similar undocumented students. The ARP requires that institutions prioritize students with exceptional need and authorizes grants to students enrolled in both campus and online programs.
ARP funds are in addition to funds previously authorized by the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), 2021, and the Coronavirus Aid, Recovery, and Economic Security (CARES) Act, 2020. These grants are separate from additional financial aid students may receive from Southern Nazarene University.
SNU has now awarded all ARP Emergency Relief Grant funds to students.
STUDENT GRANTS QUARTERLY REPORTS
2ND QUARTER 2022 REPORT: ARP 2Q 2022 Student Quarterly Report 06282022 (FINAL REPORT)
1ST QUARTER 2022 REPORT: ARP 1Q 2022 Student Quarterly Report 04052022
Institutional Quarterly Report
SNU received $5,634,200 from Section 2003(a)(1) of the American Rescue Plan Act of 2021 (ARP). Pursuant to the Certification and Agreement for Emergency Financial Aid Grants to Students, $2,817,602 has been designated to be distributed to eligible students financially impacted by the coronavirus. The remaining $2,816,597 may be used to provide additional financial assistance to students, or to relieve pandemic-related expenses incurred by the college.
SNU received $248,881 under Section 2003(a)(2) of the American Rescue Plan Act of 2021 (ARP). The full $248,881 of ARP SIP funds from Section 2003 (a)(2) may be used to provide additional financial assistance to students, or to relieve pandemic-related expenses incurred by SNU.
As of March 31, 2022, SNU had drawn down $2,816,597 of its ARP institutional funds from 2003(a)(1) and $248,881 of ARP SIP funds from 2003(a)(2) to recover expenses related to the pandemic, including lost tuition and fee revenue and lost room and board revenue.
INSTITUTIONAL QUARTERLY REPORTING -
Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA)-Higher Education Emergency Relief Fund (HEERF) II.
July 9, 2021
Overview
The Supplemental Agreements for the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) direct institutions receiving funds under Section 314(a)(1) of the CRRSAA (Pub. L. 116-260) to comply with applicable reporting requirements including those in Section 15011(b)(2) of Division B of the CARES Act. Until further guidance is issued by the U.S. Department of Education, information on the use and distribution of both the student portion and the institutional portion of SNU’s CRRSAA HEERF II funds will be posted no later than 10 days after the calendar quarter.Student Quarterly Report
On January 17, 2021, SNU received $2,957,714 under Section 134(a)(1) of the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), Pub. L. No. 116-260 (December 27, 2020). Under Section 314(d)(5), institutions must use at least the same amount of funding to provide emergency financial aid grants to students as was required under Section 18004(a)(1) of the CARES Act. For SNU, this amount was $907,588.LINK TO FINAL STUDENT QUARTERLY REPORT
Institutional Quarterly Report
On January 17, 2021, SNU received $ $2,957,714 under Section 134(a)(1) of the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), Pub. L. No. 116-260 (December 27, 2020). Pursuant to Section 314(d)(5), the college was required to disburse at least $907,588 as emergency financial aid grants to students. The remaining $2,050,126 of CRRSAA funds may be used to provide additional financial assistance to students, or to relieve pandemic-related expenses incurred by the college.On January 17, 2021, SNU received $124,681 under Section 134(a)(2) of the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), Pub. L. No. 116-260 (December 27, 2020). The full $124,681 of CRRSAA funds may be used to provide additional financial assistance to students, or to relieve pandemic-related expenses incurred by the college.
As of April 2, 2021, SNU had drawn down $2,050,126 of its CRRSAA institutional funds from 134(a)(1) and $124,681 of CRRSAA Institutional SIP funds from 134(a)(2) to recover expenses related to the pandemic, including lost tuition and fee revenue and lost room and board revenue, and to provide additional emergency student grants of $66,267.44.
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Coronavirus Aid Relief and Economic Security (CARES) Act Higher Education Emergency Relief Fund (HEERF)
July 9, 2021
Overview
Section 18004(e) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Pub. L. No. 116-136, 134 Stat. 281 (March 27, 2020), directs institutions receiving funds under Section 18004 of the CARES Act to submit a report to the Secretary of Education describing the use of funds distributed from the Higher Education Emergency Relief Fund (HEERF). In addition to providing this information in a report to the Secretary, participating institutions are required to post information to the public. Therefore, as required by the U.S. Department of Education, this page provides information about SNU’s participation in the CARES Act and the use and distribution of HEERF dollars.On May 6, 2020, the Department of Education released preliminary reporting guidelines for institutions receiving HEERF grants. On August 28, 2020, the Department revised these guidelines, changing the frequency of the report on the student portion of the funds from every 45 days to quarterly. Information on both the student portion and the institutional portion will be posted no later than 10 days after the calendar quarter.
Student Quarterly Report
On May 4, 2020, SNU received $1,815,175 Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Pursuant to the Certification and Agreement for Emergency Financial Aid Grants to Students, half of that amount ($907,588) was distributed to eligible students impacted by campus disruptions due to the coronavirus.LINK TO FINAL STUDENT QUARTERLY REPORT
Institutional Quarterly Report
On May 4, 2020, SNU received $1,815,175 Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Pursuant to the Certification and Agreement for Emergency Financial Aid Grants to Students, half of that amount ($907,588) was distributed to eligible students impacted by campus disruptions due to the coronavirus. The remaining $907,587 of CARES funds may be used to provide additional financial assistance to students, or to relieve pandemic-related expenses incurred by the college.On May 4, 2020, SNU received $89,684 Section 18004(a)(2) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). These funds may be used to provide additional financial assistance to students, to relieve pandemic-related expenses incurred, or to provide reimbursement to SNU for refunds issued to student for tuition, fees, room, and board.
As of September 30, 2020, SNU had drawn down $987,587 of its CARES Act institutional funds from 18004(a)(1) and $89,684 of CARES Institutional SIP funds from 18004(a)(2) to recover reimburse refunds issued to students for room and board from the Spring 2020 academic term.