Monthly Archives: March 2021
Client Alert: U.S. Department of Education Releases Guidance on the Higher Education Emergency Relief Fund
Last week, the U.S. Department of Education (“ED”) issued much-anticipated guidance to higher education institutions on the Higher Education Emergency Relief Fund (“HEERF”). For an overview of HEERF I, HEERF II, and HEERF III funds, please visit our previous blog posts. The new guidance, issued in three documents, addresses accounting […]
The American Rescue Plan Act and Its Impact to the Higher Education Emergency Relief Fund
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (“ARP”). The ARP is a $1.9 trillion economic stimulus bill intended to speed up the nation’s efforts to recover from the COVID-19 pandemic. For the higher education community, the ARP provides almost $40 billion for colleges […]