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American Rescue Plan (HEERF III)

The Higher Education Emergency Relief Fund III (HEERF III) is authorized by the American Rescue Plan (ARP), Public Law 117-2, signed into law on March 11, 2021, providing $39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic.

 

What is the ARP/Higher Education Emergency Relief Fund III (HEERF III)?

When will HEERF III funding be available?

Am I eligible to receive HEERF III funds? How can I check if I am eligible?

How was the disbursement plan formulated?

Why didn't I receive HEERF III funds?

Who should I contact about my eligibility for HEERF III funds?

If I did not qualify to receive HEERF III funds, are there other emergency relief funds available?

Will HEERF III funds be applied to students' outstanding balances?

How will I receive HEERF III funds?

How do I sign up for direct deposit?

Can my HEERF III funds roll over to future semesters?

Are HEERF III funds taxable?


What is the ARP/Higher Education Emergency Relief Fund III (HEERF III)?

The Higher Education Emergency Relief Fund III (HEERF III) is authorized by the American Rescue Plan (ARP), Public Law 117-2, signed into law on March 11, 2021, providing $39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic.  This ARP (a)(#) funding is referred to as Supplemental Support under American Rescue PLan (SSARP). 

SSARP funds are in addition to funds authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260, and the Coronavirus Aid, Recovery, and Economic Security (CARES) Act, Public Law 116-136. Emergency funds available to institutions and their students under all emergency funds total $76.2 billion.

When will HEERF III funding be available?

A portion of HEERF III funds was distributed to a limited population in July 2021. Plans to distribute the remaining funds are being developed. 

Am I eligible to receive HEERF III funds? How can I check if I am eligible?

 Funds will be prioritized based on financial need. If you received a CARES or HEERF II distribution you are likely to receive a HEERF III payment. 

How was the disbursement plan formulated?

 While final plans have not yet been determined, in an effort to distribute emergency grants following federal guidance, W&M will allocate its federal dollars in tiered payments based on financial need.  A committee comprised of campus officials contributed to the various emergency funding plans. 

William & Mary recognizes that the novel coronavirus pandemic may have created financial distress for students who did not have demonstrated financial need in the current school year. Students who did not have financial need in the 2021-2022 academic year may become eligible for aid this fall as a result of changes to their financial circumstances.

Why didn't I receive HEERF III funds?

The final plan for the distribution of HEERF III funding has not yet been determined.  

Who should I contact about my eligibility for HEERF III funds?

Questions may be directed to Financial Aid

If I did not qualify to receive HEERF III funds, are there other emergency relief funds available?

Students who did not meet the criteria for HEERF III Funds (not yet finalized) may be eligible for support via private dollars raised for that purpose. Students may appeal to the Dean of Student's office from the Health Emergency and Resources for the Tribe (HEART) Fund. Eligible categories for funding from the HEART Fund are food, transportation, lodging, healthcare and medications, and educational expenses.

Will HEERF III funds be applied to students' outstanding balances?

 This option will be available with HEERF III funding. 

How will I receive HEERF III funds?

 Once plans are finalized,  funds will be applied to the student's W&M account and then refunded if the student does not wish to have the funds applied to an outstanding balance. 

How do I sign up for direct deposit?

Visit the refunds page in Financial Operations for instructions.

Can my HEERF III funds roll over to future semesters?

No.

Are HEERF III funds taxable?

According to IRS guidelines, emergency payments to students are not taxable. Under current guidance, however, they are reportable on the 1098-T.