American Rescue Plan (ARP) Act’s Higher Education Emergency Relief Fund (HEERF III).
The Higher Education Emergency Relief Fund III (HEERF III) is authorized by the American Rescue Plan (ARP), Public Law 117-2, 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), Public Law 116-260, and the Coronavirus Aid, Recovery, and Economic Security (CARES) Act, Public Law 116-136. Emergency funds available to institutions and their students under all emergency funds total $76.2 billion.
Eligible expenses include:
- any component of their cost of attendance
- emergency costs that arise due to coronavirus, such as: tuition, food, housing, health care (including mental), and childcare.
Institutions are required to prioritize grants to students with exceptional financial need, such as those who receive Pell Grants.
LRSC American Rescue Plan (ARP) Act’s Higher Education Emergency Relief Fund (HEERF III) Awarding & Disbursement Policy Phase I
- Eligible students must be enrolled for the summer 2021 semester as of June 12, 2021
- Must be a degree-seeking student
- LRSC will distribute HEERF III funds to students with exceptional needs.
- Students receiving Pell grants will receive a block grant in the amount of $1,000. This block grant will be awarded to prioritize those students with exceptional financial needs.
Phase II is to be determined.