CARES/COVID Grant Funds

On March 27, 2020, the federal government enacted the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) to provide resources for higher education institutions, like Southwestern College. These funds were granted to alleviate the impact of the COVID-19 pandemic on our students and our college. The CARES Act distributed funds from the Higher Education Emergency Relief Fund (“HEERF”), and also in Southwestern College's case, included a Minority Serving Institutions (MSI) allocation.

The CARES Act requires institutions to use no less than 50 percent of the 2020 HEERF allocation to provide Emergency Financial Aid Grants to students for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance, such as food, housing, course materials, technology, health care, and child care). For information on the student aid portion of CARES funds, please visit the Student Emergency Funds page under Financial Aid.

Southwestern College accepted the funding and submitted the Certification and Agreement form on June 2, 2020. In accordance with the CARES Act, we are required to summarize the use of the institutional portion of the HEERF I, II, III funds through quarterly reports, which are posted below.

CARES Act Quarterly Budget & Expenditure Reports

2022Summary of CARES Act Distributions infographic with text description below

2021

2020

 

HEERF Annual Reports

Description of Expenditures

Amount

Financial Aid Emergency Grants to Students

$36,641,515

Payments to/for Students
(Vaccine incentives, free shipping for learning materials, & fee refunds.)

$4,112,680

On-Site Readiness for Social Distancing
(Campus safety & sanitation, instructional equipment, etc.)

$2,963,357

Technology & Equipment
(Hardware to students, internet for faculty/students, etc.)

$931,964

Transition to Remote
(Equipment for online instruction, training for distance education, etc.)

$8,654,120

Discharge of Student Debt
(Replace lost revenue related to student debt.)

$4,097,985

Replace Lost Revenue
(Free parking, closed food services, fitness center, etc.)

$10,141,978

Total HEERF Expenditures

$67,543,599