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). The University received an additional $25,218,226 through the Federal American Rescue Plan (ARP) in May 2021.
As of September 30, 2021 CSU has disbursed a total of:
$8,840,950 in Emergency Financial Aid CARES Grants to 9,871 students,
$8,773,193 in CRRSAA grants to 6,093 students, and
$19,741,665 in ARP grants to 6,843 students.
The estimated total number of students at CSU with eligibility for these funds is approximately 32,376, based on enrollment through Fall 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).