American Rescue Plan Act 2021 (ARP)/Higher Education Emergency Relief Fund III (HEERF III)
Loyola received federal funding under the American Rescue Plan Act 2021 (ARP) to provide financial aid grants to students that can be used toward any component of the cost of their attendance or emergency costs due to coronavirus such as tuition, food, housing, heathcare (including mental healthcare) or child care. The Department of Education has directed Loyola to "prioritize grants to student with exceptional need, such as students who receive Pell Grants. The required Certification and Agreement documents remain in effect from the original issuance under the CARES Act process. Under the ARP, Congress calculated amounts for the HEERF III funding for each institution of higher education. Loyola was awarded $3,394,927 to be used for financial aid grants to students; and $3,394,769 was awarded for institutional use in responding to the COVID-19 crisis.
ARP Student Eligibility Criteria
The process by which these funds will be disbursed is still being determined. Eligible students will be contacted via email and provided with additional information on the process for disbursements of grants. Additional information will also be posted on this website and in subsequent quarterly reports (also posted on this website) that will include the eligibility criteria, the estimated number of eligible students and the total amount of disbursements processed under the ARP/HEERF III program. Please direct any questions to firstname.lastname@example.org.
Coronavirus Response and Relief Supplemental Appropriations Act 2021 (CRRSAA)/Higher Education Emergency Relief Fund II (HEERF II)
Loyola received federal funding under the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) to “emphasize support for students with exceptional needs” through grants via the Higher Education Emergency Relief Fund II (HEERF II). Students may use the funds for any component of their cost of attendance or emergency costs due to coronavirus such as tuition, food, housing, health care (including mental), and childcare. The required Certification and Agreement documents remain in effect from the original issuance under the CARES Act process.
Under the CRRSAA, Congress calculated amounts for the HEERF II funding for each institution of higher education. The Department of Education provided guidance on the disbursement of these funds. Loyola was awarded a total of $1,306,230 to be used “to emphasize support for students with exceptional need” through emergency relief funds; and $2,494,311 was awarded for institutional use in responding to the COVID-19 crisis.
CRRSAA Student Eligibility Criteria
To support as many undergraduate and graduate students as possible, Loyola will award automatic grants of up to $750 based on the following eligibility criteria:
- Must have a 2020-21 FAFSA or CSS Profile on file as of February 8, 2021;
- Must be enrolled at least-part time as of February 8, 2021;
- Must be a Loyola degree-seeking undergraduate or graduate student;
- Must be a U.S. citizen or eligible non-citizen as verified by the FAFSA; and
- Must have need not exceeding the average cost of attendance as measured by the FAFSA or CSS Profile.
Grant amounts will be disbursed on a sliding scale that reduces the amount granted per student as the estimated family contribution amount increases. And students may use the funds for any component of their cost of attendance or emergency costs due to coronavirus such as tuition, food, housing, health care (including mental), and childcare.
Additional consideration will be given to students who previously completed the COVID-19 Special Circumstances Appeal Form available thru the Office of Financial Aid website but were unable to receive assistance from that process. Upon approval the maximum that a student could receive under the COVID-19 Special Circumstances Appeal program is $750.
Students DO NOT NEED TO APPLY for these funds. Students who meet the eligibility criteria as determined by the office of financial aid, will be notified via email that they will be receiving a grant and payments will be made by check and sent to the permanent/home address on record in WebAdvisor [OR] if the student has elected to receive “Refund, Reimbursement and Payment Deposits” via direct deposit then they will be processed as an ACH bank transfer.
Students will be notified by the end of day Tuesday, April 13, 2021 if they are eligible to receive a grant. The email will be sent from Federal Student Relief Grants (email@example.com).
In order to ensure the timely delivery of grant disbursements, any updates to address information and/or banking information must be completed, and banking information must show as ‘verified’ in WebAdvisor by Friday, April 16, 2021. Any updates to information after this date cannot be guaranteed to be applied prior to the processing of the student’s grant disbursement.
This time is being provided so that eligible students can either make sure their permanent/home address is correct in WebAdvisor [AND/OR] that their banking information is updated/set up and verified to receive “Refund, Reimbursement and Payment” deposits. For more information on how to confirm or update this information please see the links below:
Confirm/update mailing address
Set up/edit banking information for direct deposit
CRRSAA Grant Disbursement Schedule
Grant disbursements will be processed starting on Monday, April 19, 2021 with a projected conclusion by May 31, 2021. If an eligible student does not receive their disbursement by May 31, 2021 they should email firstname.lastname@example.org.
All funds allocated through the CARES Act emergency grant program have been disbursed. The estimated number of students who are eligible to receive these grants is 2,555. A total of 2,555 students have received grants totaling $1,306,230.
The Coronavirus Aid, Relief and Economic Security (CARES) Act/Higher Education Emergency Relief Fund I (HEERF I)
The Coronavirus Aid, Relief and Economic Security (CARES) Act is federal legislation that provides financial support to individuals and organizations affected by the COVID-19 pandemic, including the Higher Education Emergency Relief Fund (HEERF). Funds received by Loyola under the CARES Act were authorized by Congress and signed into law by the President on March 27, 2020. In regard to Loyola University Maryland's eligibility, the institution was allocated two separate grants under this federal program. One was to provide emergency grants to students for unexpected expenses and the second was to assist in covering unexpected institutional costs related to the disruption of campus operations due to the COVID-19 pandemic.
Under the CARES Act, Congress calculated amounts for the HEERF for each institution of higher education. Loyola was awarded a total of $1,306,230 to be used for emergency relief funds for students and $1,306,230 for institutional use in responding to the COVID-19 crisis. Loyola signed and returned the required Certifications and Agreements to the Department of Education. Information on the specifics of how the funds have been disbursed is included in the reports that are linked below.
CARES Act Student Eligibility Criteria
A student was eligible for CARES Act funding through Loyola if they:
- Were enrolled at Loyola on March 13, 2020 as a full-time or part-time undergraduate or graduate student;
- Experienced a financial hardship as a result of the disruption of education due to the coronavirus for expenses included but not limited to: food, housing, course materials, technology, health care, and child-care expenses;
- Are eligible for federal financial aid (this will be determined by either having been approved through the 2019-2020 or 2020-2021 FAFSA process or if you have not completed a FAFSA form, you will be asked to complete an attestation of eligibility of Title IV criteria as per recent rule making by the Department of Education. All information provided via FAFSA or the attestation form will be reviewed by financial aid to confirm eligibility of Title IV criteria; and
- Complete the Loyola certification form via Qualtrics.
Non-degree seeking students; students exclusively enrolled in online courses; and those who withdrew or took a leave of absence prior to March 13, 2020, were not eligible for CARES Act funding.
All funds allocated through the CARES Act emergency grant program have been disbursed. The estimated number of students who were eligible to receive grants under the CARES Act was 4,973. A certification form was necessary in order to receive funds, therefore a total of 1,098 students completed the certification process and received grants totaling $1,306,230.
Allocation and Disbursement Reports
Loyola University Maryland is required to provide regular reporting to the U.S. Department of Education (ED) on the use of funds authorized by the CARES Act, the CRRSAA and the ARP. The first annual report on the Student Emergency Relief Grant Program and the Institutional Relief Grant Program funds that were distributed under the CARES Act was submitted to the Department of Education via an online reporting portal on February 5, 2021.
Student Emergency Relief Grant Program
Reports on the rationale and process for the disbursement of the student emergency grant funds can be found here:
- May 21, 2020
- July 7, 2020
- August 21, 2020
- September 30, 2020
- December 30, 2020
- March 31, 2021 (HEERF I)
- March 31, 2021 (HEERF II)
- June 30, 2021 (HEERF I)
- June 30, 2021 (HEERF II)
- June 30, 2021 (HEERF III)
Institutional Relief Grant Program
The report on the allocation and disbursement of the institutional relief grand funds can be found here:
Frequently Asked Questions
How much will I receive?
Loyola is committed to providing grants to all eligible students to the greatest extent possible with the funds available through the HEERF programs. These emergency grants are subject to eligibility, overall pool of eligible students, and availability of funds, among other things. There is no guarantee that an emergency grant will be available or, if so, available in any particular amount.
How will I receive this money?
Emergency grants will be directly deposited into bank accounts for students who are enrolled in direct deposit (see information above on how to set this up). Students without direct deposit will receive a disbursement check in the mail.
Do I need to repay the money?
No. Students will not need to repay any money received through the HEERF fund.
Does this funding affect my other financial aid?
No. HEERF programs are emergency grants to help students manage unexpected expenses related to the coronavirus, and it will not have any impact on other financial aid a student may be eligible to receive.
What if I still have an account balance?
Both the CARES Act and CRRSSA grants will not be applied to the student’s account. Any outstanding balance owed to Loyola will remain the responsibility of the student.
Are Emergency grants taxable?
The IRS has issued guidance that the grants are not considered taxable income, but you may still need to report this information on your tax returns. Please check with a professional about any tax implications.
For more information, please visit this IRS site - FAQs: Higher Education Emergency Relief Fund and Emergency Financial Aid Grants under the CARES Act (updated March 30, 2021).
I received an email stating that I was approved for a disbursement, however I have not yet received the check or deposit into my bank account. What should I do?
Checks are mailed via the U.S. Postal Service. If a student received an email confirming their eligibility for an emergency grant and were to receive a disbursement in the form of a check, but have not yet received the check in the mail should contact email@example.com so that other arrangements can be made.
Who do I contact if I have additional questions?
Please contact firstname.lastname@example.org.