Updated: Tuesday, Dec. 21, 2021
What is HEERF III?
The Higher Education Emergency Relief Fund III (HEERF III) is authorized by the federal American Rescue Plan (ARP), signed into law on March 11, 2021, providing support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic.
When and how did Monmouth University distribute HEERF III grants to students?
The University notified HEERF III grant recipients of their eligibility on July 26, 2021 via an email containing relevant distribution information. A total of 2,719 students were eligible under the HEERF III guidance. As of August 2, 2021, the University has distributed 2,719 HEERF III grants to students totaling $5,495,750. On September 16, 2021, the University distributed an additional 337 HEERF III grants totaling $623,250 to eligible students who registered and/or filed a Free Application for Student Aid (FAFSA) after August 2, 2021.
Qualifying Pell-eligible part-time students were awarded $1250 HEERF III grants, and qualifying Pell-eligible full-time students were awarded $2500 HEERF III grants. Full-time undergraduate students who are not Pell-eligible but who have unmet need were awarded $1500 HEERF III grants, while part-time undergraduate students who are not Pell-eligible but have unmet need were awarded $750 HEERF III grants. All master’s-level students whose expected family contribution would have qualified them for a Pell grant if they were an undergraduate were awarded $2500 HEERF III grants if they were full-time and $1250 if they were part-time.
On September 24, 2021, the University distributed 1,783 grants in the amount of $222.76 each, of which $397,153 was funded through HEERF III and $28 was funded with institutional funds. This distribution was awarded to all Pell grant recipients, regardless of their level of unmet need and all master’s-level students whose expected family contribution would have qualified them for a Pell grant if they were an undergraduate.
Grant funds were disbursed directly to students either by paper check or by direct deposit to any banking institution so designated by the student.
The following is a breakdown of the 2,719 student awards totaling $5,495,750 distributed in August 2021, as they were allocated against the HEERF II and HEERF III funding: two student awards totaling $2,805 were allocated against the HEERF II grant and 2,717 student awards totaling $5,492,945 were allocated against the HEERF III grant.
What criteria did the University use to determine eligibility for HEERF III grants?
Monmouth University awarded HEERF III grants to undergraduate and graduate students with exceptional need who were enrolled on a full- or part-time basis for the Fall 2021 semester and completed the Free Application for Federal Student Aid (FAFSA) or the New Jersey Alternative Financial Aid Application, and met all Title IV eligibility requirements, as directed by the U.S. Department of Education. Following this guidance, the University awarded HEERF III grants to students meeting the following criteria:
- All Pell grant recipients, regardless of their level of unmet need;
- All master’s-level students whose expected family contribution would have qualified them for a Pell grant if they were an undergraduate (graduate students are not eligible for Pell grants); and
- All undergraduates who filed a FAFSA or New Jersey Alternative Financial Aid Application and had unmet need after all other need-based aid was considered.
How many HEERF III grants has the University awarded and how many of those grants went to Pell-eligible students?
As of September 24, 2021, the University has distributed 4,839 HEERF III grants to 3,056 students totaling $6,516,153. All Pell grant recipients, a total of 1,242 students, received a HEERF III grant.
View the HEERF I, II, & III Institutional Quarterly Budget & Expenditure Report (9-30-21) –
(00261600_HEERF_Q32021_101021)
View the HEERF I, II, & III Institutional Quarterly Budget and Expenditure Report (6-30-21) –
(00261600_HEERF_Q22021_071021-Revised on 100821)
View the HEERF I & II Institutional Quarterly Budget and Expenditure Report (3-31-21)
Whom may I contact with additional questions about HEERF II funding?
Inquiries may be directed to CARESAct@monmouth.edu