CARES Act and the Higher Education Emergency Relief Fund (HEERF)

Higher Education Emergency Relief Fund (HEERF)

Erikson values our students, and we are invested in your success. We recognize that the COVID-19 pandemic has created some very challenging circumstances for our students. To assist students who have been impacted financially, Erikson Institute is distributing federal funding from the Higher Education Emergency Relief Fund. In response to the COVID-19 pandemic, the federal government has made funding available to higher education institutions, including funding for emergency financial aid grants to students. Following is information about Erikson Institutes approach regarding these funds.

HEERF I

On March 27, 2020, the federal government enacted the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act includes a Higher Education Emergency Relief Fund (HEERF). A portion of HEERF funds must go directly to eligible students in the form of emergency financial aid grants for expenses related to the disruption of campus operations due to the COVID-19 crisis. Erikson Institute distributed $20,594 of HEERF Student Share Grant Funds to our student community for expenses incurred in the Spring 2020 and Summer 2020 semesters.

HEERF II

In early 2021, the U.S. Department of Education (ED) announced additional funding available to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic. This funding is allocated to the Higher Education Emergency Relief Fund II (HEERF II) by the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), which was signed into law on December 27, 2020, with $20,594 allocated and distributed to Erikson students during Spring 2021.

HEERF III

The Higher Education Emergency Relief Fund III (HEERF III) is authorized by the American Rescue Plan (ARP), was signed into law on March 11, 2021, and represents the third stream of funding for HEERF. A total of $59,683 of HEERF III Student Share Grant Funds were awarded to Erikson. A total of $59,683 of HEERF III Student Share Grant Funds were awarded to Erikson. We are now accepting applications for HEERF III student grants with a deadline of August 25, 2021. Students can complete the application here.

Eligible students:

Must be or have been enrolled at Erikson Institute on or after March 13, 2020.

Unlike with previous emergency student financial aid grants through the CARES Act and CRRSAA, students do not need to be Title IV eligible to receive HEERF III grants. Additionally, undocumented and international students may receive HEERF III grants. This includes refugees, asylum seekers, Deferred Action for Childhood Arrival (DACA) recipients, DREAMers, and similar undocumented students.

Grants can be used for:

Emergency financial aid grants may be used by students for any component of their cost of attendance or for emergency costs that arise due to the coronavirus, such as tuition, food, housing, health care (including mental health care) or child care. Students determine how they may use their emergency financial aid grant within the allowable uses.

Exceptional need:

Under the American Rescue Plan, Erikson Institute is required to prioritize students with exceptional need. The institute utilizes data provided by the most recent FAFSA/ISIR for eligible students.

Quarterly Budget and Expenditure Reporting for HEERF I, II and III
Section (a)(1) Institutional Portion and Section (a)(3)

Quarterly Report ending June 30, 2021
Quarterly Report ending March 31, 2021
Quarterly Report ending December 31, 2020
Quarterly Report ending September 30, 2020