As a result of the CARES Higher Education Emergency Relief (HEERF) Certification and Agreement that Colorado State University signed and submitted to the Department of Education in April 2020, Colorado State University received $17,693,711 through the initial Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Of these funds, $8,846,855 was allocated directly to students in the form of emergency financial aid grants for expenses related to the disruption of campus operations due to coronavirus. In January 2021, the University received an additional $8,846,856 in funding for students through the Federal Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA). The University received an additional $25,218,226 through the Federal American Rescue Plan (ARP) in May 2021.
As a result of the university going to an online format after March 25th , 2020, the university also used these funds to reimburse for refunds provided to students for room and board. In total, the university reimbursed $13,468,166 back to students for room and board (including apartment rents) and dining charges to cover the period after online classes started.
The American Rescue Plan (ARP) included additional COVID-19 relief for institutions of higher education. This new COVID stimulus bill included $40 billion, available through September 30, 2023, for higher education institutions and students, using the same Higher Education Emergency Relief Fund (HEERF) model established in the Coronavirus Aid, Relief and Economic Security (CARES) Act.
Quarter 1
Covering quarter ending March 31, 2021
| Estimated number of students potentially eligible for the quarter | 17,339 |
| Number of students who received grants during the quarter | 5,958 |
| Total amount of funds disbursed to students from all HEERF grants for the quarter | $7,960,250 |
As of March 31 st , 2021, a total of $7,960,250 in Higher Education Emergency Relief funds had been disbursed to 5,958 students during quarter 1. The estimated total number of students potentially eligible to receive Emergency Financial Aid Grants in that quarter was 17,339.
Revision date 1/5/2021
Quarter 2
Covering quarter ending June 30, 2021
| Estimated number of students potentially eligible for the quarter | 17,631 |
| Number of students who received grants during the quarter | 79 |
| Total amount of funds disbursed to students from all HEERF grants for the quarter | $99,195 |
As of June 30 th , 2021, a total of $99,195 in Higher Education Emergency Relief funds had been disbursed to 79 students during quarter 2. The estimated total number of students potentially eligible to receive Emergency Financial Aid Grants was 17,631.
Revision date 1/5/2021
Quarter 3
Covering quarter ending September 30, 2021
| Estimated number of students potentially eligible for the quarter | 24,653 |
| Number of students who received grants during the quarter | 6,673 |
| Total amount of funds disbursed to students from all HEERF grants for the quarter | $20,564,415 |
As of September 30 th , 2021, a total of $20,564,415 in Higher Education Emergency Relief funds had been disbursed to 6,673 students during quarter 3. The estimated total number of students potentially eligible to receive Emergency Financial Aid Grants was 24,653.
Revision date 1/5/2021
Quarter 4
Covering quarter ending December 31, 2021
| Estimated number of students potentially eligible for the quarter | 18,136 |
| Number of students who received grants during the quarter | 671 |
| Total amount of funds disbursed to students from all HEERF grants for the quarter | $2,066,890 |
As of December 31 st , 2021, a total of $2,066,890 in Higher Education Emergency Relief funds had been disbursed to 671 students during quarter 4. The estimated total number of students potentially eligible to receive Emergency Financial Aid Grants was 18,136.
Revision date 1/5/2021
Quarter 1
Covering quarter ending March 31, 2022
| Estimated number of students potentially eligible for the quarter | 17,491 |
| Number of students who received grants during the quarter | 3,021 |
| Total amount of funds disbursed to students from all HEERF grants for the quarter | $3,362,645 |
As of March 31 st , 2022, a total of $3,362,645 in Higher Education Emergency Relief funds had been disbursed to 3,021 students during quarter 5. The estimated total number of students potentially eligible to receive Emergency Financial Aid Grants was 17,491.
Revision date 4/7/2022