CARES Act Higher Education Emergency Relief Funds

CARES Act Higher Education Emergency Relief Funds
Connect With Us
CARES Act Higher Education Emergency Relief Funds

The Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress and signed into law on March 27, 2020 provides for Higher Education Emergency Relief Fund (HEERF) grants to students for expenses related to the disruption of campus operations due to the coronavirus. SUNY New Paltz has signed and returned to the Department of Education a CARES Act HEERF Certification and Agreement. The certification states that SUNY New Paltz intends to use no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

The total amount of HEERF funds that will be available for Emergency Financial Aid Grants for SUNY New Paltz students is $3,268,704.

SUNY New Paltz has determined that approximately 5,350 students are currently eligible to apply for funding through the CARES Act.

Federal Disclosures

Notification of availability of funds for drawdown was received from SUNY on June 10, 2020. 

30 Day Report 

As of July 10, 2020, SUNY New Paltz distributed $0 to students under Section 18004(a)(1) of the CARES Act. 

45 Day Report 

As of Aug. 25, 2020, SUNY New Paltz distributed $3,146,500 in HEERF Emergency Grants under Section 18004(a)(1) of the CARES Act. 

A total of 1,983 SUNY New Paltz students have received funding under Section 18004(a)(1) of the CARES Act as of Aug. 25, 2020. 

First Quarterly Report 

As of Sept. 30, 2020, SUNY New Paltz distributed $3,146,500 in HEERF Emergency Grants under Section 18004(a)(1) of the CARES Act. 

A total of 1,983 SUNY New Paltz students have received funding under Section 18004(a)(1) of the CARES Act as of Sept. 30, 2020. 

From Aug. 25 – Sept. 30, 2020, no additional HEERF funds were distributed. 

Final Quarterly Report

Since Sept. 30, 2020, an additional $122,204 in HEERF Emergency Grants has been distributed.

As of Dec. 31, 2020, SUNY New Paltz distributed $3,268,704 in HEERF Emergency Grants under Section 18004(a)(1) of the CARES Act.

A total of 2,074 SUNY New Paltz students have received funding under Section 18004(a)(1) of the CARES Act.

 

First Quarterly Report – Institutional Funds

Final Report – Institutional Funds

    

 

****The application period for HEERF Grants made available under the CARES Act has ended.

Questions

Questions regarding CARES Act funding may be submitted to covid19questions@newpaltz.edu