The Department of Education requires quarterly reporting for CARES Act (HEERF I), CRRSA Act (HEERF II) and ARP (HEERF III) funds received for both Student Emergency Grant Funds and for Institutional support. Effective for the fiscal quarter ending 9/30/2020, Puget Sound will publish by the 10th of the month following each quarter-end subsequent to 9/30/2020 a quarterly report of HEERF I, HEERF II and HEERF III for Institutional funding expenditures made under Section 18004(a)(1):
Quarterly Reporting 09-30-2020
Quarterly Reporting 12-31-2020
Quarterly Reporting 03-31-2021
Quarterly Reporting 06-30-2021 (original report for 6/30/2021; revised report for 6/30/2021)
Quarterly Reporting 09-30-2021 (original report for 9/30/2021; revised report for 9/30/2021)
Quarterly Reporting 12-31-2021
Quarterly Reporting 03-31-2022
Effective for the fiscal quarter ending 9/30/2020, Puget Sound will publish by the 10th of the month following each quarter-end subsequent to 9/30/2020 a quarterly report of HEERF I, HEERF II and HEERF III for Student Emergency Grant Fund expenditures made under Section 18004(a)(1). The format for reporting expenditures for student emergency grants is different from that of the institutional portions of these grants. Below is information in chronological order for each round of HEERF funding granted to Puget Sound.
- CARES Act 30- and 45-Day Fund Report
- CRRSAA (HEERF II) Reporting 6-30-2021
- CRRSAA (HEERF II) Reporting 9-30-2021
- ARP (HEERF III) Reporting 12-31-2021
HEERF III Quarterly Report – March 31, 2022
Certification and Agreement: The University of Puget Sound signed and returned to the Department of Education the Certification and Agreement for Emergency Financial Aid Grants to Students, GAN P425E200187 for Project 84.425E, on April 10, 2020. The Certification and Agreement covers CARES Act (HEERF I), CRRSAA Act (HEERF II) and ARP Act (HEERF III), funding allocations. All allocations received for Emergency Financial Aid Grants for Students have and are being distributed directly to students as emergency funding to support their education related and/or pandemic related expenses.
Total Funds Received: The total amount allocated to the University under GAN P425E200187 for Project 84.425E is $3,295,010:
- The university received and fully expended to students $709,028 under the CARES Act (HEERF I), details for which can be found under the CARES ACT Reporting link above.
- The university received and fully expended to students an additional $709,028 under the CRRSAA Act (HEERF II), details for which can be found under the CRRSAA Reporting link above.
- The university received and has, as of March 31, 2022, fully expended to students $1,876,954 under the ARP Act (HEERF III).
Funds Disbursed: Between January 1, 2022 and March 31, 2022 The University distributed $488,580.93 in ARP Act (HEERF III) funding support directly to students.
Eligible Students: 2,129 students were eligible to receive ARP Act (HEERF III) funds.
Students Receiving Grants in Reporting Period: 424 received grants during the March 31 quarter.
Methodology to Determine Funding:
Method 1: Students sought support by completing a simple online application, the link to which was published on the Student Financial Services web page and through a HEERF Application link on the Consumer Information and Disclosure page of the university’s website.
- In the application students identified the reason for their need of support and could select from a range of $100 to $2500 as the amount of support sought
- Staff members in Student Financial Services evaluated the applications, approving requested amounts.
- Students were limited to $2500 in total HEERF support, so in some cases, multiple applications by the same student may not have been approved for the full amount requested.
- . The application method for HEERF support closed February 15, 2022. $190,402 in HEERF III funding was distributed under Method 1 in the March 31 quarter
Guidance to Students: Email communications to students were sent periodically by Student Financial Services to remind students, faculty and staff of the funding support and the simple application process. Staff in Student Financial Services reviewed applications once per month, communicated to students about application decisions via email, awarded and disbursed funding directly to students via e-deposit to student’s bank accounts when possible, or by paper check through the university’s Accounts Payable system.
Method 2: After the conclusion of February disbursements, enrolled students who had completed the FAFSA but who had never received HEERF I, II or III support, were identified and ranked in ascending EFC order. The remaining $298,178.93 in HEERF III funding was distributed in $1000 award amounts following the ascending EFC order to the extent possible.
Guidance to Students: Students identified to receive funding were emailed about the award. Those students who did not have an existing E-Refund profile established were asked to create one in order to deliver funding to them. A reminder, with a deadline for action, was also sent. Students failing to respond were removed from the distribution list, and other students were selected, following the ascending EFC rank order. All funds were fully disbursed by March 31, 2022.