Financial Aid Information

HEERF III REPORTING – ARP

The American Rescue Plan (ARP) was signed in to law on March 11, 2021. The ARP provides for education stabilization through emergency funding to institutions of higher education through Higher Education Emergency Relief Funds (HEERF III). Institutions accepting ARP funding must commit to providing at least 50% of the funds in the form of financial aid grants to students, which can be used for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus. Cowley’s minimum required allocation to students is $2,576,229.

HEERF Quarterly Reports

  1. 2021 HEERF Quarter 2 Report – 112221
  2. 2021 HEERF Quarter 3 Report – 112221

AWARDING GRID FOR SUMMER 2021:

Hours Award Amounts
6+ Hours, FAFSA, Pell eligible $800
1-5 Hours, FAFSA, Pell eligible $650
6+ Hours, FAFSA, Non-Pell $600
1-5 Hours, FAFSA, Non-Pell $450
6+ Hours, No FAFSA $450
1-5 Hours, No FAFSA $300
High School Students $200
  1. AWARDING GRID FOR FALL 2021:

Hours Award Amounts
12+ Hours, FAFSA, Pell eligible $1,200
6+ Hours, FAFSA, Pell eligible $900
1-5 Hours, FAFSA, Pell eligible $500
12+ Hours, FAFSA, Non-Pell $800
6+ Hours, FAFSA, Non-Pell $600
1-5 Hours, FAFSA, Non-Pell $300
12+ Hours, No FAFSA $500
6+ Hours, No FAFSA $300
1-5 Hours, No FAFSA $200
High School Students $200
  1. REPORTING TIMELINE:

  2. Reports are due quarterly and must be posted on the institution’s primary website no later than 10 calendar days after the calendar quarter on January 10, April 10, July 10, and October 10.
  3. Once funds are fully spent, the institution may indicate that this is the institution’s final quarterly posting and that it covers all remaining HEERF fund expenditures for that specific HEERF Student Portion of funding. After posting, no more quarterly public reporting of Student Portion funds is required.
QUARTERLY REPORT DATES TOTAL FUNDS DISBURSED PERCENT OF FUNDS DISBURSED TOTAL STUDENTS AWARDED
Q2 2021: due July 10th
Date of Report: 7/7/21
$0.00 0.00% 0
Q3 2021: due October 10th
Date of Report: 10/4/21
$448,100 17.4% 941
Q4 2021: due January 10th
Date of Report:
     
Q1 2022: due April 10th
Date of Report: