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CARES Act/Higher Education Emergency Relief Fund
CARES Act/Higher Education Emergency Relief Fund - Student Aid:
Updated 6/4/2024
The CARES Act Higher Education Emergency Relief Fund-IHE/Student Aid provides funding to institutions to provide emergency financial aid grants to students whose lives have been disrupted, many of whom are facing financial challenges and struggling to make ends meet.
Louisburg College has signed and returned to the Treasury Department the Certification and Agreement along with the assurance that the institution has used, or intends to use, the applicable amount of funds designated under the CRRSAA and ARP (a)(1) and (a)(4) programs to provide Emergency Financial Aid Grants to Students.
We will receive or have received $3,172,333 from the Treasury Department according to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students. There were approximately 535 Louisburg College students eligible to receive funds.
As of June 2024, we have distributed $3,172,333 of the Emergency Financial Aid Grants to students under the CRRSAA and ARP (a)(1) and (a)(4); as of the date of submission, 1,856 Emergency Financial Aid Grants have been distributed.
To receive funds from the CRRSAA and ARP programs Louisburg College must have enrolled the students at, on, or after March 13, 2020. The award was formula-based using EFC need and awarded institutional aid. The college used the system to determine the amount of Emergency Financial Aid Grants under the CRRSAA and ARP (a)(1) and (a)(4) programs. Louisburg College also retained a portion of the aid to award students in emergency circumstances.
HEERF I |
|
|
|
|
Total Student Portion of Cares Funding |
$671,352 |
|
||
CARES Act / Higher Education Emergency Relief Fund Distribution |
||||
Attended Both Fall 2019 & Spring 2020 semesters: |
|
|||
Estimated Family Contribution |
CARES Act Amount |
Number of Students |
Total Amount Awarded |
|
$0-$9999 |
$1,500 |
339 |
$508,500 |
|
$10,000-29999 |
$1,000 |
50 |
$50,000 |
|
Over $30,000 |
$750 |
21 |
$15,750 |
|
|
|
410 |
$574,250 |
|
Attended spring 2020 semester only: |
|
|
|
|
Estimated Family Contribution |
CARES Act Amount |
Number of Students |
Total Amount Awarded |
|
$0-$9999 |
$1,200 |
30 |
$36,000 |
|
$10,000-29999 |
$800 |
2 |
$1,600 |
|
Over $30,000 |
$600 |
3 |
$1,200 |
|
|
|
35 |
$38,800 |
|
Total |
|
445 |
$610,550 |
|
Amount to be Award via Application |
|
|
$60,802 |
|
|
||||
HEERF II |
|
|
|
|
Total Student Portion of Cares Funding |
$671,352 |
|
||
EFC Range |
Grant Amounts |
# of Students |
Total Amount |
|
$0 - $1,999 |
$2,100 |
227 |
$476,700 |
|
$2,000 - $3,999 |
$2,000 |
36 |
$72,000 |
|
$4,000 - $5,699 |
$1,800 |
13 |
$23,400 |
|
$10,000 - $19,999 |
$1,000 |
33 |
$33,000 |
|
$5,700 - $9,999 |
$1,600 |
21 |
$33,600 |
|
$20,000 - $40,000 |
$800 |
25 |
$20,000 |
|
$40,000+ |
$500 |
15 |
$7,500 |
|
|
|
370 |
$666,200 |
|
No FAFSA |
$500 |
11 |
$5,500 |
|
Total |
|
381 |
$671,700 |
|
International |
$0 |
7 |
$0 |
|
HEERF III Distribution - Fall 2021 |
|||
EFC |
Grant Amount |
# of Students |
Total Amount |
$0 |
$2,500 |
193 |
$482,500 |
$1 - $4,999 |
$2,300 |
100 |
$230,000 |
$5,000 - $9,999 |
$2,100 |
35 |
$73,500 |
$10,000 - $19,999 |
$1,500 |
16 |
$24,000 |
$0-$20K EFC & Inst Aid > $9K |
$1,000 |
59 |
$59,000 |
$20,000 - $40,000 |
$800 |
29 |
$23,200 |
$40,000+ |
$500 |
27 |
$13,500 |
459 |
$905,700 |
||
No FAFSA |
$500 |
15 |
$7,500 |
International |
$300 |
5 |
$1,500 |
Part-Time |
Varies |
12 |
$6,675 |
491 |
$921,375 |
HEERF III Distribution - Spring 2022 |
|||
EFC |
Grant Amount |
# of Students |
Total Amount |
$0 |
$2,500 |
168 |
$420,000 |
$1 - $4,999 |
$2,300 |
85 |
$195,500 |
$5,000 - $9,999 |
$2,100 |
26 |
$54,600 |
$10,000 - $19,999 |
$1,500 |
13 |
$19,500 |
$0-$20K EFC & Inst Aid > $9K |
$1,000 |
35 |
$35,000 |
$20,000 - $40,000 |
$800 |
20 |
$16,000 |
$40,000+ |
$500 |
22 |
$11,000 |
|
|
||
No FAFSA |
$500 |
12 |
$6,000 |
International |
$500 |
1 |
$500 |
Part-Time |
Varies |
13 |
$7,800 |
Total Disbursed to Students |
395 |
$765,900 |
Please contact FinAid@louisburg.edu for the link to the most recent available funds.
See link below for additional information and resources:
FAQs: Higher Ed. Emergency Relief Fund and Emergency Financial Aid Grants under the
CARES Act
HEERF Reports
2020 Quarter 3
2020 QUARtEr 3 Institutional Portion
2020 Quarter 3 Student Portion
2020 Quarter 4
2020 QUARTER 4 Institutional Portion
2020 Quarter 4 Student Portion
2021 Quarter 1
2021 Quarter 1 Institutional Portion
2021 Quarter 1 STudent Portion
2021 Quarter 2
2021 Quarter 2 Institutional Portion
2021 Quarter 2 Student Portion
2021 Quarter 3
2021 Quarter 3 Institutional Portion
2021 Quarter 3 Student Portion
2021 Quarter 4
2021 Quarter 4 Institutional Portion
2021 Quarter 4 Student Portion
2022 Quarter 1
2022 Quarter 1 Institutional Portion
2022 Quarter 1 Student Portion
2022 Quarter 2
2022 Quarter 3
2022 Quarter 4
2023 Quarter 1
2023 Quarter 2
2023 Quarter 3
2023 Quarter 4
2024 Quarter 1
2024 Quarter 2
ADDITIONAL REPORTING REQUIREMENTS AS OF JULY 09, 2020
COVID Fund HEERF III Acceptance Form
Our Campus & Operations:
For updated communications regarding On-Campus Operations and Guidelines in response to COVID-19 please click the button below:
COVID-19 GUIDELINES FOR ON-CAMPUS OPERATIONS