HEERF Reporting
Higher Education Emergency Relief Funds ReportingThe Higher Education Emergency Relief Fund (HEERF) provides financial support to higher education institutions. A portion of each institution’s allocation must be awarded to students in the form of emergency financial aid grants for expenses related to the disruption of campus operations due to the COVID-19 crisis. The other portion must be used to defray institutional expenses associated with the reporting virus.
HEERF required reporting is below.
Student Emergency Grant
In distributing these funds, Valencia has followed, and will follow, the instructions
and guidance provided by the CARES Act, the CRRSAA Act, the ARP Act, the U.S. Department
of Education, Federal Student Aid, and the Certification and Agreement completed by
the College. That guidance provides institutions with discretion to develop their
own systems and processes for determining how to allocate these funds, subject to
certain limitations on student eligibility and expense eligibility.
HEERF I: Cares Act
Coronavirus Aid, Relief, and Economic Security Act
Valencia College has received $27.6 million from the Department, provided under Section 18004(a)(1) of the CARES Act. Of that amount, at least $13.8 million will be used for emergency student aid.
Round 1: June 1 – June 15, 2020
Round 2: July 6 – July 20, 2020
Round 3: Oct. 7 – Oct. 20, 2020
HEERF II: CRRSAA
Coronavirus Response and Relief Supplemental Appropriations Act
Valencia College has received $59.5 million from the Department, provided under Section 18004(a)(1) of the CRRSAA Act. Of that amount, at least $13.8 million will be used for emergency student aid.
Round One: April 7 - April 20, 2021
Round Two: July 14 - July 27, 2021
HEERF III: ARP
American Rescue Plan
Valencia College has received authorization from the US Dept of Education to receive $102.4 million from the Department, provided under Section 2003(a)(1) of the ARP Act. Of that amount, at least $52.9 million will be used for emergency student aid.
Round 1: November 5- November 16
Required Reporting
Valencia College reports the following amounts of distributions of HEERF grants to the following numbers of students as of the dates indicated:
| Date | Reporting |
|---|---|
| May 5, 2020 | HEERF 1 grant funds were awarded on May 5, 2020. |
| June 3, 2020 | On June 3, 30 days after funds were awarded, Valencia College had distributed $0 to 0 students. |
| July 17, 2020 | On July 17, 2020, Valencia College had distributed $14,094,750 of HEERF I funds to 18,793 students. |
| August 30, 2020 | On August 30, 2020, Valencia College had distributed $14,495,250 of HEERF I funds to 19,327 students. |
| October 10, 2020 | On October 10, 2020, Valencia College had distributed $14,495,250 of HEERF I funds to 19,327 students. |
| October 23, 2020 | Quarterly Budget and Expenditure Reporting under CARES Act Sections 18004(a)(1) Institutional Portion, 18004(a)(2) Minority Serving Institution |
| January 10, 2021 |
On January 10, 2021, Valencia College had distributed $18,534,080 of HEERF I funds to 24,169 students. |
| January 10, 2021 | |
| March 17, 2021 |
HEERF II grant funds were awarded on March 17, 2021. |
| April 10, 2021 |
On April 10, 2021, Valencia College had distributed $18,527,360 of HEERF I funds to 24,149 students. |
| April 10, 2021 | |
| May 30, 2021 |
On May 30, 2021, Valencia College had distributed $6,370,900 of HEERF II funds to 16,073 students. |
| June 9, 2021 | |
| June 9, 2021 | |
| July 10, 2021 |
On July 10, 2021, Valencia College had distributed $24,896,760 of HEERF funds to 28,575 students. |
| July 10, 2021 | |
| October 10, 2021 |
On October 10, 2021, Valencia College had distributed $35,807,660 of HEERF funds to 60,245 students. |
| October 10, 2021 | |
| January 10, 2022 |
On January 10, 2022, Valencia College had distributed $76,798,050 of HEERF funds to 85,371 students. |
| January 10, 2022 | |
| April 10, 2022 |
On April 10, 2022 Valencia College had distributed $76,787,950 of HEERF funds to 85,363 students. |
| April 10, 2022 | |
| July 11, 2022 |
Effective with the quarter end June 30, 2022, the updated HEERF Quarterly Budget and Expenditure Report now includes reporting of Student Aid portion. As a result, the separate narrative regarding the distribution of HEERF funds to students shown in previous reporting periods is no longer required. |
| October 10, 2022 | |
| January 10, 2023 | |
| April 7, 2023 | |
| June 15, 2023 |
This report represents the final Valencia College HEERF Quarterly Budget and Expenditure Report. All funds have been expended. |