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Guide for the Distribution of the Student and Institutional Portions of the Higher Education Emergency Relief Fund

Guide for the Distribution of the Student and Institutional Portions of the Higher Education Emergency Relief Fund

CECU | Career Education Colleges and Universities

Guide for the Distribution of the Student and Institutional Portions of the Higher Education Emergency Relief Fund
April 13, 2020 (updated July 1, 2020)
Section I – Student Portion
On April 9, 2020, Education Secretary Betsy DeVos announced the U.S. Department of Education (“Department”) was making immediately available to all Title IV postsecondary institutions approximately $6.2 billion for students impacted by the Coronavirus pandemic and authorized in Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).2 This first tranche of funding accounts for the student portion of the Higher Education Emergency Relief Fund (“HEERF”) that must be used to provide emergency financial aid grants directly to students. The second tranche of funding was made available to institutions on April 21, 2020 and is addressed in Section II – Institutional Portion of this Guide.

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