Higher Education Emergency Relief Fund III (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. Albertus Magnus College has received $2,003,763 in HEERF III funding by the Department of Education pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students. The College’s funding became available on May 12, 2021. The College assures that the institution has used, or intends to use, no less than 100 percent of the funds distributed to students under Section 18004(a)(1) of the CARES Act ($2,003,763) to provide Emergency Financial Aid Grants to students.
To qualify for HEERF III funding, students must have been enrolled in eligible terms. HEERF III funding is available to all students, not just those 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). The Financial Aid Office encourages all students to complete the Free Application for Federal Student Aid (FAFSA) as institutional funding may be available to assist students who do not qualify for federal emergency financial aid grants. Students will be reviewed based on each eligible term enrolled as of each term’s consensus: Spring 2020, Summer 2020, Fall 2020, Spring 2021, Summer 2021, and Fall 2021.
Eligible students will receive HEERF III funds based on the following awarding matrix:
| EFC* from 0 to 5711 | EFC* from 5712 to 999,999 | |
| Full-Time Students | $400/eligible term | $300/eligible term |
| Less-Than-Full-Time Students | $200/eligible term | $150/eligible term |
*Expected Family Contribution
Higher Education Emergency Relief Fund III (HEERF III) – Spring 2022
Enrolled students who have experienced financial hardships due to the COVID-19 Pandemic are encouraged to complete the Higher Education Emergency Relief Fund III (HEERF III) Spring 2022 Funding Application** to see if they qualify for any emergency funding. Funds can be used to cover remaining tuition and fee balances and current out of pockets.
Applications are reviewed on a first-come, first-served basis. Award offers will vary depending on enrollment and financial need considerations. Eligible students will receive HEERF III funding for the Spring 2022 term based on the following awarding matrix:
| EFC* from 0 to 5846 | Award Range $250-$2,500 |
| EFC* from 5847 to 999,999 | Award Range $200-$2,000 |
*Expected Family Contribution
**Please note: The HEERF III Spring 2022 Funding Application is now closed.
Higher Education Emergency Relief Fund III (HEERF III) – Fall 2021
Enrolled students who have experienced financial hardships due to the COVID-19 Pandemic are encouraged to complete the Higher Education Emergency Relief Fund III (HEERF III) Fall 2021 Funding Application** to see if they qualify for any emergency funding. Funds can be used to cover remaining tuition and fee balances and current out of pockets.
Applications are reviewed on a first-come, first-served basis. Award offers will vary depending on enrollment and financial need considerations. Eligible students will receive HEERF III funding for the Fall 2021 term based on the following awarding matrix:
| EFC* from 0 to 5846 | Award Range $250-$2,500 |
| EFC* from 5847 to 999,999 | Award Range $200-$2,000 |
*Expected Family Contribution
**Please note: The HEERF III Fall 2021 Funding Application is now closed.
As of May 24, 2022 the total amount of Emergency Financial Aid Grants disbursed to students under ARP on the date of submission is $2,003,763 to 2,119 students.
As of April 4, 2022 the total amount of Emergency Financial Aid Grants disbursed to students under ARP on the date of submission is $1,977,090 to 2089 students.
As of February 11, 2022 the total amount of Emergency Financial Aid Grants disbursed to students under ARP on the date of submission is $1,903,113 to 2059 students.
As of January 4, 2022 the total amount of Emergency Financial Aid Grants disbursed to students under ARP on the date of submission is $1,705,149 to 2044 students.
As of November 24, 2021 the total amount of Emergency Financial Aid Grants disbursed to students under ARP on the date of submission is $1,694,956 to 2049 students.
As of 9/14/21 the total amount of Emergency Financial Aid Grants distributed to students ARP on the date of submission is $1,340,050 to 1,914 students.
The estimated number of students at the College eligible to receive Emergency Financial Aid Grants to students under ARP will vary based upon the consensus figures for each term: Spring 2020 1,343 students, Summer 2020 354 students, Fall 2020 1,384 students, Spring 2021 1,293 students, Summer 2021 405 students, and Fall 2021: TBD. Unduplicated student total is 2,032 as of 6/29/21.
For more information on HEERF III, please visit the Department of Education’s ARP: American Rescue Plan Higher Education Emergency Relief Fund (HEERF III) website page.
In compliance with public reporting requirements, below are links to Quarterly Reports
for the College’s ARP expenditures will be posted to this website page by required
deadlines:
1. Quarterly Report covering the quarter of April 1 to June 30, 2021
2. Quarterly Report covering the quarter of July 1 to September 30, 2021
3. Quarterly Report covering the quarter of October 1 to December 31, 2021
HEERF III funds can be applied towards any component of a student’s costs of attending
Albertus as well as any emergency costs incurred due to the coronavirus pandemic,
such as tuition and fees, room and board, living, personal, and transportation expenses.
Albertus students who are awarded emergency grants will receive a direct payment via
their BankMobile account. Students who do not have a BankMobile account should set up an account, and students who already have an account must verify
that the information is accurate and current. Please contact the Bursar's Office for assistance via email, phone at (203) 773-8504 / 8532, or visit the Business Office
in person.
Additionally, please note that students who receive grants may request that Albertus apply the funds to their outstanding balance, including charges prior to December 27, 2020. Eligible students can contact the Bursar's Office to authorize that payment be applied to their student account. As a reminder, any unpaid balances on a student’s account must be paid in order to register for the next semester or, for graduating seniors, to participate and walk at this coming May’s Commencement Ceremony. These HEERF III funds provide a unique opportunity to assist Albertus students with unpaid balances.
Have you or your parents been impacted by the COVID-19 pandemic? The Financial Aid
Office accepts appeals for Special Mitigating Circumstances, including Involuntary
Loss of Income, Death of a Wage Earner, and High Medical Expenses, and encourages
families who have experienced a demonstrated hardship due to COVID-19 to consider
pursuing an appeal if they have not done so already. If you plan to appeal for the
2021-2022 academic year, please submit all appeal documentation by July 30, 2021.
If you have any questions regarding HEERF III eligibility, please contact the Financial Aid Office.