As a result of the CARES Higher Education Emergency Relief (HEERF) Certification and Agreement that Colorado State University signed and submitted to the Department of Education in April 2020, Colorado State University received $17,693,711 through the initial Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Of these funds, $8,846,855 was allocated directly to students in the form of emergency financial aid grants for expenses related to the disruption of campus operations due to coronavirus. In January 2021, the University received an additional $8,846,856 in funding for students through the Federal Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA).
As of June 30, 2021 CSU disbursed a total of $8,736,450 in Emergency Financial Aid CARES Grants to 9,161 students. An estimated total of 15,782 students at CSU are eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act. An additional $8,054,945 in CRRSAA grants were granted to a total of 5,997 students as of June 30, 2021.
As a result of the university going to an online format after March 25th, 2020, the university also used these funds to reimburse for refunds provided to students for room and board. In total, the university reimbursed $13,468,166 back to students for room and board (including apartment rents) and dining charges to cover the period after online classes started.
The American Rescue Plan (ARP) included additional COVID-19 relief for institutions of higher education. This new COVID stimulus bill included $40 billion, available through September 30, 2023, for higher education institutions and students, using the same Higher Education Emergency Relief Fund (HEERF) model established in the Coronavirus Aid, Relief and Economic Security (CARES) Act.
Information about the HEERF I, II, or III legislation can be found on the Department of Education’s website at CARES Act: Higher Education Emergency Relief Fund (HEERF I), CRRSAA: Higher Education Emergency Relief Fund (HEERF II), or ARP: American Rescue Plan (HEERF III).