HEERF Quarterly Report—Quarter Ended June 30, 2022
Effective with this 2nd Quarter 2022 HEERF report, the DOE has issued an updated quarterly reporting form OMB Control Number 1840-0849 which combines both Student COVID Grant fund award distributions along with Institutional COVID grant expenses. Taylor University had previously reported that the institutional portion of funds awarded under HEERF I, II, & III had all been reported effective with the 4th Quarter 2021 HEERF Report, which was marked as final.
Effective 2nd Quarter 2022, all Student COVID grant payments under HEERF I, II & III have been awarded and this new quarterly report form is marked as final.
This link is being provided so that the public may view Taylor University’s HEERF Annual Report for calendar year 2021 which provides details of HEERF Funds awarded to students, spending detail of HEERF institutional funds spending and other details.
To view the 2nd Quarter 2022 HEERF Report, please click on the link provided:
HEERF Quarterly Report—Quarter Ended March 31, 2022
Student Grant Distributions under ARPA (HEERF III)—Quarter Ending March 31, 2022
The total amount of student relief funds granted to Taylor University under ARPA is $1,601,982. Taylor University received the grant notification from the Department of Education on 5/20/2021. All previous grant funds received for students under the CARES Act (HEERF I) and CRRSAA (HEERF II) have been awarded. During the quarter ended March 31, 2022, no draws were made but $31,725 was awarded to 10 eligible students. A final draw and any final distributions will occur during the 2nd quarter of 2022. Eligible students could file an online application for emergency grant relief due to their specific circumstances. These applications were reviewed by an administrative team and paid upon approval by the team. Eligible students were notified of approval and have received these grants via check payments, or by ACH direct deposits to the student’s bank account. Taylor University’s financial aid department had notified all students who filed a FAFSA that they should contact the financial aid department to receive consideration for additional financial aid due to a recent unemployment of a parent who may have been listed on the FAFSA.
Institutional Distributions under ARPA (HEERF III)—Quarter Ending March 31, 2022
There were no Institutional distributions under ARPA for the quarter ending March 31, 2022. Final distributions of ARPA Institutional grant funds were awarded during the 4th quarter 2021, and reported on the 4th quarter 2021 Institutional funds report which was marked as a final report.
HEERF Quarterly Report—Quarter Ended December 31, 2021
Student Grant Distributions under ARPA (HEERF III)—Quarter Ending December 31, 2021
The total amount of student relief funds granted to Taylor University under ARPA is $1,601,982. Taylor University received the grant notification from the Department of Education on 5/20/2021. All previous grant funds received for students under the CARES Act (HEERF I) and CRRSAA (HEERF II) have been awarded. During the quarter ended December 31, 2021, $1,100,000 was drawn and $150,015 was awarded to 320 eligible students. The difference between the amount drawn and the amount awarded during the 4th quarter relates to amounts awarded in previous quarters. Eligible students could file an online application for emergency grant relief due to their specific circumstances. These applications were reviewed by an administrative team and paid upon approval by the team. Eligible students were notified of approval and have received these grants via check payments. Taylor University’s financial aid department had notified all students who filed a FAFSA that they should contact the financial aid department to receive consideration for additional financial aid due to a recent unemployment of a parent who may have been listed on the FAFSA.
Institutional Distributions under ARPA (HEERF III)—Quarter Ending December 31, 2021
Institutional distributions under ARPA for the quarter ending December 31, 2021 are as summarized on the following template link:
HEERF Quarterly Report—Quarter Ended September 30, 2021
Student Grant Distributions under ARPA (HEERF III)—Quarter Ending September 30, 2021
The total amount of student relief funds granted to Taylor University under ARPA is $1,601,982. Taylor University received the grant notification from the Department of Education on 5/20/2021. All previous grants funds received for students under the CARES Act (HEERF I) and CRRSAA (HEERF II) have been awarded. During the quarter ended September 30, 2021, $850,000 was drawn and $750,401 was awarded to 1,876 eligible students. This included $377,700 in mass distributions to eligible students, including incoming freshmen, transfer students and returning students with award amounts ranging from $100 to $450. Eligible students could also file an online application for specific emergency grant relief due to their specific circumstances. These applications were reviewed by an administrative team and paid upon approval by the team. Eligible students were notified of approval and have received these grants via check payments. Taylor University’s financial aid department had notified all students who filed a FAFSA that they should contact the financial aid department to receive consideration for additional financial aid due to a recent unemployment of a parent who may have been listed on the FAFSA.
Institutional Distributions under ARPA (HEERF III)—Quarter Ending September 30, 2021
Institutional distributions under CRRSAA for Quarter ending September 30, 2021 are as summarized on the following template link:
HEERF Quarterly Report—Quarter Ended June 30, 2021
Student Distributions under HEERF I
Taylor University has distributed funds to eligible students for financial relief through the Coronavirus Aid, Relief and Economic Security Act (CARES Act), also referred to as HEERF I. Taylor University received $536,656 on April 28, 2020 specifically for student grants through the CARES Act for financial relief caused by disruption of studies due to the COVID-19 pandemic. Taylor University used all of these funds for emergency financial aid grants to students, and this amount represented at least 50% of the total funds received under Section 18004 (a) (1) of the CARES Act. Taylor University signed the Certification and Agreement on April 14, 2020 and the Department of Education approved the agreement on April 24, 2020.
Taylor University identified 1,340 students who were eligible based on DOE guidelines. Potentially eligible students who had not filed a FAFSA were notified of the opportunity to receive assistance once they have filed their FAFSA. Eligible students could also file an online application for specific emergency grant relief due to their specific circumstances. These applications were reviewed by an administrative team and paid upon approval by the team. Eligible students were notified of approval and have received these grants via check payments. Additionally, Taylor University made distributions of $300 per student on June 22, 2020 to all students who had filed their FAFSA at that time. Other grants distributed to students during the first quarter of 2021 completed the full distribution of the total $536,656 received under HEERF I.
Institutional Distributions under HEERF I
Taylor University received $536,655 on May 27, 2020 specifically for institutional support under the CARES Act, of which the entire amount has been applied toward housing and food credit adjustments made to student accounts during the spring semester 2020.
Student Grant Distributions under CRRSAA (HEERF II)—Quarter Ending June 30, 2021
Taylor University received $536,656 specifically for student grants through CRRSAA for financial relief caused by disruption of studies due to the COVID-19 pandemic. Taylor University had made distributions of $450 per student to 284 Pell grant recipient students and $225.00 per student to 1,368 Non-Pell grant recipient students on March 22, 2021. During the quarter ending June 30, 2021, distributions totaling $50,183 were made to 65 students who were eligible based on DOE guidelines, which completed the full distribution of the $536,656 CRRSAA student portion. Additionally, eligible students filed online applications for emergency grant relief due to their specific circumstances. These applications were reviewed by an administrative team and paid upon approval by the team. Eligible students were notified of approval and have received these grants via check payments.
Student Grant Distributions under ARPA (HEERF III)—Quarter Ending June 30, 2021
The total amount of student relief funds granted to Taylor University under ARPA is $1,601,982. During the quarter ended June 30, 2021, $687,583 had been drawn and awarded to 585 eligible students who had filed online applications for emergency grant relief due to specific circumstances.
Institutional Distributions under CRRSAA (HEERF II) and ARPA (HEERF III)—Quarter Ending June 30, 2021
Institutional distributions under CRRSAA for Quarter ending June 30, 2021 are as summarized on the following templates links:
HEERF Quarterly Report—Quarter Ended March 31, 2021
Student Distributions under HEERF I
Taylor University has distributed funds to eligible students for financial relief through the Coronavirus Aid, Relief and Economic Security Act (CARES Act), also referred to as HEERF I. Taylor University received $536,656 on April 28, 2020 specifically for student grants through the CARES Act for financial relief caused by disruption of studies due to the COVID-19 pandemic. Taylor University used all of these funds for emergency financial aid grants to students, and this amount represented at least 50% of the total funds received under Section 18004 (a) (1) of the CARES Act. Taylor University signed the Certification and Agreement on April 14, 2020 and the Department of Education approved the agreement on April 24, 2020.
Taylor University identified 1,340 students who were eligible based on DOE guidelines. Potentially eligible students who had not filed a FAFSA were notified of the opportunity to receive assistance once they have filed their FAFSA. Eligible students could also file an online application for specific emergency grant relief due to their specific circumstances. These applications were reviewed by an administrative team and paid upon approval by the team. Eligible students were notified of approval and have received these grants via check payments. Additionally, Taylor University made distributions of $300 per student on June 22, 2020 to all students who had filed their FAFSA at that time. As of December 31, 2020, Taylor University had distributed $510,500 in grants to 1,340 students. Additional grants distributed to students in the first quarter of 2021 totaled $26,156, completing the full distribution of the total $536,656 received under HEERF I.
Institutional Distributions under HEERF I
Taylor University received $536,655 on May 27, 2020 specifically for institutional support under the CARES Act, of which the entire amount has been applied toward housing and food credit adjustments made to student accounts during the spring semester 2020.
Student Grant Distributions under CRRSAA—Quarter Ending March 31, 2021
Taylor University will receive $536,656 specifically for student grants through CRRSAA for financial relief caused by disruption of studies due to the COVID-19 pandemic. During the quarter ending March 31, 2021, distributions totaling $486,519 were made to 1,652 students who were eligible based on DOE guidelines. Taylor University made distributions of $450 per student to Pell grant recipient students and $225.00 to Non-Pell grant recipient students on March 22, 2021. Eligible students could also file an online application for emergency grant relief due to their specific circumstances. These applications were reviewed by an administrative team and paid upon approval by the team. Eligible students were notified of approval and have received these grants via check payments. Taylor University has drawn CRRSAA student grant funds totaling $425,000 as of March 31, 2021.
Institutional distributions under CRRSAA for Quarter ending March 31, 2021 are summarized here.