Higher Education Emergency Relief Fund (HEERF)

The Federal CARES Act Higher Education Emergency Relief Fund-IHE/Student Aid provides funding to institutions to provide emergency financial aid grants to students whose lives have been disrupted by the Coronavirus (COVID-19), many of whom are facing financial challenges and struggling to make ends meet. Albertus Magnus College has received $1,362,920 in Higher Education Emergency Relief Funding (HEERF) by the Department of Education pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students. The College signed and returned the required Certification and Agreement to the Department of Education to receive the allocated funds on April 13, 2020. The College’s funding became available on April 20, 2020. The College assures that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act ($681,460) to provide Emergency Financial Aid Grants to students.

Albertus Magnus College has created an application for 2019-2020 HEERF funding in compliance with the Federal CARES Act. The application can be found on the Financial Aid tile of the myAlbertus Portal. Please note that emergency funding is limited and that completion of the application does not guarantee funding. To qualify for HEERF funding, students must be eligible to receive emergency financial aid grants, and only students who are or could be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA), may receive emergency financial aid grants. Students must also not be a part of a fully online program. The Financial Aid Office encourages all students to complete the Free Application for Federal Student Aid (FAFSA) and the HEERF Application as institutional funding may be available to assist students who do not qualify for federal emergency financial aid grants.

Eligible students will receive HEERF funds based on the following awarding matrix:

*Expected Family Contribution

As of April 5, 2021, the total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Federal CARES Act as of the date of submission is $681,500 to 1,180 students.

The estimated total number of students at the College eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the Federal CARES Act is 1,250.

For more information on HEERF, please visit the Department of Education’s CARES Act: Higher Education Emergency Relief Fund page.

In compliance with public reporting requirements, below are links to Quarterly Reports for the College's Section 18004(a)(1) and (a)(2) expenditures:

1. Quarterly Report covering the period from first award through September 30, 2020
2. Quarterly Report covering the quarter of October 1 to December 31, 2020
3. Quarterly Report covering the quarter of January 1 to March 31, 2021
4. Quarterly Report covering the quarter of April 1 to June 30, 2021
5. Quarterly Report covering the quarter of July 1 to September 30, 2021
6. Quarterly Report covering the quarter of October 1 to December 31, 2021

If you have any questions regarding the FAFSA, HEERF Application, or the awarding matrix, please contact the Financial Aid Office at (203) 773-8508 or at financial_aid@albertus.edu.

To determine if your BankMobile refund selection is accurate, please review your choice online or contact the Business Office at bursar@albertus.edu.