HEERF III Emergency Aid Fund Reporting
American Rescue Plan Act (ARPA) of 2021
On March 11, 2021, the American Rescue Plan (ARPA) Act of 2021, which provides additional relief to address the continued impact of the COVID-19 pandemic, was enacted and signed into law. The ARPA appropriated approximately $39.6 billion for the Higher Education Emergency Relief Fund (HEERF) and represents the third stream of funding appropriated for HEERF to prevent, prepare for, and respond to coronavirus. Rose-Hulman Institute of Technology is reviewing ARPA guidance recently released by the Department of Education and will provide updates to this website as they become available.
ARPA/HEERF III INSTITUTIONAL PORTION REPORTING
ORIGINAL REPORT DATE: 9/30/21
ARPA/HEERF III STUDENT EMERGENCY AID FUND REPORTING
Updated Report: 12/31/21 (final)
An acknowledgment that the institution signed and returned the Certification and Agreement form & the assurance that the institution has used, or intends to use, no less than the required amount of funds received to provided HEERF grants to students.
Rescue Plan Act of 2021 (ARPA), to provide Emergency Financial Aid Grants directly to students. Institutions who received HEERF I grant funds under the CARES Act were not required to submit an application for the HEERF II or HEERF III grants. Rose-Hulman Institute of Technology received its HEERF III Grant Award Notification on May 24, 2021. In keeping with the terms of acceptance of these funds, Rose-Hulman Institute of Technology will use no less than $1,470,147 in accordance with section 2003(7) of the ARPA.
The total amount of funds that the institution will receive or has received from the Department of Education.
RHIT has been allocated, $1,470,147 in Higher Education Emergency Relief Fund- Emergency Financial Aid Grants to Students (HEERF III)
The total amount of Emergency Financial Aid Grants distributed to students under the ARPA as of the date of submission (ie. as of the initial report and every calendar quarter thereafter.)
As of 7/16/2021, $85,500 has been disbursed to students from this program.
As of 11/9/2021, all of the allocated funds totaling $ 1,470,147 have been disbursed to student from this program as an emergency financial grant.
The total number of students who have received a HEERF III grant.
As of 7/16/2021, 57 students received emergency grants from this program.
Additional determinations of students to receive funds, and the method by which those determinations will be made have yet to be made.
On 11/9/2021, an additional 2000 students received emergency grants from this program.
The method(s) used by the institution to determine which students receive HEERF III grants and how much they would receive.
Currently enrolled students who filed a FAFSA for the 2021-22 academic year and demonstrated financial need (defined as Estimated Family Contribution less than Rose-Hulman’s cost of attendance) received an Emergency Financial Aid Grant. For this disbursement, students with an EFC of zero received an Emergency Grant of $1,500.
In November, all currently enrolled undergraduate students were considered for an Emergency Financial Aid Grant. Students who filed a FAFSA for the 2021-22 academic year and demonstrated financial need (defined as Estimated Family Contribution less than Rose-Hulman’s cost of attendance) received an Emergency Financial Aid Grant. Grant amounts ranged from $500-$1500 based on demonstrated need for 1461 students with demonstrated need. A total of 6 students received grants ranging from $1523 - $7500 due to COVID related special circumstances. The 533 students who did not have a FAFSA on file were awarded a $250 Emergency Financial Aid Grant.
The 57 students that were awarded a grant in July, did not receive an additional grant.
In total, 2057 enrolled undergraduate students were assisted by these Emergency Financial Aid Grants.
- The 57 students who received a grant received the communication below by email on July 16, 2021.
Rose-Hulman will be disbursing financial grants to students from the Higher Education Emergency Relief Fund III (HEERF III) as authorized by the American Rescue Plan Act of 2021 (ARP). As a result, you will be receiving a disbursement in the amount of $1500. This grant is intended to help you with the cost of your attendance at Rose-Hulman, or for emergency costs that arise due to coronavirus such as food, housing, health care (including mental health care), or child care.
The total amount of emergency grant funding allocated to Rose-Hulman was determined by a funding formula based on the percentage of Full-Time Enrolled (FTE) students who are Pell Grant and non-Pell Grant recipients. Your emergency financial grant amount was determined according to the formula established by Rose-Hulman based on your demonstrated financial need through information obtained from your Free Application for Federal Student Aid (FAFSA).
If you have a direct deposit account established with Rose-Hulman, your emergency relief grant will be deposited into that account. If you do not have a direct deposit account, your emergency relief grant will be issued via check.
If you have questions about this grant, please contact the Office of Student Financial Services at:
- Inside Indiana: 812-877-8296
- Outside Indiana: 1-800-248-7448 Ext. 8296
All Rose-Hulman Institute of Technology students for the Academic Year 2021-22 received the following email and postcard via USPS in July.
The Higher Education Emergency Relief Fund (HEERF III) directs Rose-Hulman to inform all students about its Special Circumstances process. This allows students and families to inform the RHIT Financial Aid Office about a loss of income due to recent unemployment or other circumstances.
To participate in this process, students must download the Special Circumstances form from the Rose-Hulman Financial Aid Website: https://www.rose-hulman.edu/admissions-and-aid/financial-aid/financial-aid-forms/pdfs/2021-2022-Special-Circumstance.pdf
Once all documents have been completed and received by the Financial Aid Office, a committee will review the forms and accompanying materials. Appropriate adjustments to financial assistance will be communicated via email and updated award notifications.
If you have any questions about this process, please contact the Financial Aid Office at 812-877-8838.
On November 3, 2021, students who were determined to receive an Emergency Financial Aid Grant received the following communication to their student email account.
Next week, Rose-Hulman will be disbursing financial grants to students from the Higher Education Emergency Relief Fund III (HEERF III) as authorized by the American Rescue Plan Act of 2021 (ARP). Under the plan, RHIT is required to prioritize students with exceptional need. The emergency financial grant amount provided to students was determined by Rose-Hulman based on financial need. You are receiving this email because you will receive a grant.
The quickest way to receive these funds is by direct deposit into your bank account (versus a check). If you have a direct deposit account established, your emergency relief grant will be deposited into that account. If you do not have a direct deposit account, we ask that you consider setting up a direct deposit account by this Friday, November 5th. The instructions can be found on the Student Financial Services area site on My Rose-Hulman. https://rosehulman.sharepoint.com/sites/sfs/SitePages/Home.aspx
If you do not set-up a direct deposit account, your emergency relief grant will be issued via check.
Should you have questions about this grant, please contact the Office of Student Financial Services at:
- Inside Indiana: 812-877-8296
- Outside Indiana: 1-800-248-7448 Ext. 8296