What is HEERF funding?
In March 2020, the federal government passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which authorized the Higher Education Emergency Relief Fund (HEERF), referred to as HEERF I, to provide funding to assist qualifying students with expenses related to disruption of campus operations due to coronavirus. Roseman University of Health Sciences signed and returned to the U.S. Department of Education the Certification and Agreement. The total funds allocated to Roseman University was $446,921, which was fully distributed to 600 students as of April 27, 2020.
In December 2020, Congress passed the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act, which authorized an additional round of funds for students in the same amount, commonly called HEERF II. As of April 27, 2021, Roseman University distributed its entire allocation of $446,921 to 428 students.
The American Rescue Plan Act of 2021 (ARP) authorized additional relief funding to students of higher education institutions, referred to as HEERF III. These funds were made available on May 24, 2021 and will be available through September 30, 2023. Roseman University was allocated $1,159,179 and intends to use the full amount to provide HEERF grants to students.
How was HEERF I funding awarded?
Roseman University had an estimated 1400 students who were eligible to receive Emergency Financial Aid Grants under HEERF I. Not all students applied for funding under this program. Roseman University required students who were affected by the disruption of campus operations from coronavirus to apply for these grants via a one-page scholarship application emailed directly to all current students, as well as posted on the Financial Aid page of our website. Students were required to complete the application confirming that they were affected, provide the allowed reason(s) they were affected, and report the total projected cost to the student. Applications received by the posted deadline were considering in the awarding.
Financial Aid Office staff reviewed applications to confirm that students met the eligibility requirements established by the HEERF that were in effect as of 4/20/20. Students were scored based on several factors and priority was given to the highest scored students. The factors used to score students include their Expected Family Contribution (EFC) from their most recent FAFSA (if no FAFSA was filed, an EFC of 50000 was assigned to the student), federal Pell grant recipients, and their proximity to graduation. Students with a score between 3 and 6 received the highest priority for HEERF funds. Students with the highest score of 7 were awarded grants from Emergency SEOG funds rather than HEERF funds.
The student’s requested amount from the application was compared to the amount the students would receive based on their score. In the event of a difference, the student was awarded the lowest of the two amounts. Therefore, unless the student requested a lower amount, students with a score of 6 were awarded $1384; a score of 5 were awarded $700; a score of 4 were awarded $500; a score of 3 were awarded $300 or $299, with the student’s EFC used as the tie breaker.
How was HEERF II funding awarded?
Roseman University had an estimated 1250 students who were eligible to receive Emergency Financial Aid Grants under HEERF II when awards were made on April 26, 2021. All eligible enrolled students were considered when making awards and no application was required. Students were scored based on several factors with priority was given to students with exceptional financial need, such as those who received Pell Grants. Scores ranged from 0 – 50 based on factors such as Pell grant eligibility, year-round Pell grant eligibility amount (the higher the total Pell year-round award amount, the higher the score), previous HEERF I funding awarded, the Expected Family Contribution (EFC) from their most recent FAFSA compared to their overall need (Cost of attendance minus EFC) as a percent, and proximity to graduation. Awards ranged from $491 – $3,000 based on their total score.
How was HEERF III funding awarded?
HEERF III funding was made available to Roseman University on May 24, 2021. No awards have been issued as of October 10, 2021.
Information about Institutional Portion Expenditures
Quarterly Budget & Expenditure (HEERF I Final Report) July – September 2020
Quarterly Budget & Expenditure (HEERF I and II) January – March 2021
Quarterly Budget & Expenditure (HEERF I, II and III) April – June 2021
Quarterly Budget & Expenditure (HEERF I, II and III) July – October 2021