LC Banner
About LC

HIGHER EDUCATION EMERGENCY RELIEF FUNDS

 

 

CARES Act: Higher Education Emergency Relief Fund

The Coronavirus Aid, Relief, and Economic Security Act or, CARES Act, was passed by Congress and signed by President Donald Trump on March 27th, 2020. This bill allotted $2.2 trillion to provide fast and direct economic aid to the American people negatively impacted by the COVID-19 pandemic. Of that money, approximately $14 billion was given to the Office of Postsecondary Education as the Higher Education Emergency Relief Fund, or HEERF.

 

Laredo College received funding under this Act as follows

Student Portion  CFDA 84.425E 18004(a) (1) $4,463,111

https://www.laredo.edu/cms/LCC/Student_Services/Financial_Aid_Center/CARES_Act_Funding/

 

Institutional Portion CFDA 84.425F 18004(a) (1)$4,463,111

Certification Agreement 18004 (a) (1)

 

Minority Serving Institutions (MSIs) 18004 (a)(2) $568,066

https://www.laredo.edu/cms/LCC/Student_Services/Financial_Aid_Center/CARES_Act_Funding/

Certification Agreement 18004 (a) (2)

 

 

CRRSAA: Higher Education Emergency
Relief Fund (HEERF II)
  

The Higher Education Emergency Relief Fund II (HEERF II) is authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260, signed into law by President Donald J. Trump on Dec. 27, 2020. In total, the CRRSAA authorizes $81.88 billion in support for education, in addition to the $30.75 billion former Secretary DeVos expeditiously provided last spring through the Coronavirus Aid, Recovery, and Economic Security (CARES) Act, Public Law 116-136.

 

Laredo College received funding under this Act as follows:   

Student Portion  CFDA 84.425E 314 (a) (1)  $4,463,111

Institutional Portion CFDA 84.425F 314 (a) (1) $10,576,888

 

Emergency Relief Funds Quarterly Budget and Expenditure Reports:

CARES Act Quarterly Budget and Expenditure Report for Quarter Ending September 30, 2020 

CARES Act Quarterly Budget and Expenditure Report for Quarter Ending December 31, 2020