COVID-19 Emergency Funds Have Been Exhausted
Contact Financial Aid Office
Walk-ins: In person at the Financial Aid Office located at both Coon Rapids and Cambridge Campus
Monday – Friday 8:00 AM – 4:30 PM
In late March, federal legislation was passed to provide economic relief to individuals and organizations dealing with the ramifications of the coronavirus (COVID-19) pandemic. This legislation—titled the Coronavirus Aid, Relief and Economic Security Act (or CARES Act)—established a Higher Education Emergency Relief Fund (HEERF) for colleges and universities in the United States.
The CARES Act directed that 50% of HEERF money must go toward emergency student financial assistance for various expenses related to disruptions of campus operations and changes in instruction method.
CRRSAA HEERF II
In December 2020, the federal government passed the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) Higher Education Emergency Relief Fund II (HEERF II), which allocated funds to higher education institutions across the nation. Similar to the Coronavirus Aid, Relief, and Economic Security (CARES) Act with HEERF I funds, the HEERF II funds are distributed in grants with appropriate use stipulations and requires institutions to disburse a portion of these funds in direct support to eligible students. The funds must be used to cover expenses related to students’ cost of attendance or for emergency costs that arise due to COVID-19, such as tuition, food, housing, health care (including mental health care), child care, course materials, or technology. Institutions cannot require students to use funds to pay tuition or past due balances; however, students may choose to apply the funds toward tuition.
ARP 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. This Plan has created emergency financial aid grants to assist students with exceptional need. These grants can be used toward educational costs and other emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care), or child care. ARP requires institutions to prioritize students with exceptional need, such as those who receive Federal Pell Grants, when awarding this grant. However, students do not need to be a Pell Grant recipient or student who is eligible for Federal Pell Grants to receive this funding. ARP funding is limited, so not all applicants will receive funding.