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American Rescue Plan Act of 2021 (ARP Act)

 

ARP Reporting Requirements 

Congress approved and President Biden signed on March 11, 2021, the American Rescue Plan Act of 2021 (ARP Act).  The ARP appropriated approximately $39.6 billion for the Higher Education Emergency Relief Fund (HEERF) and represents the third stream of funding appropriated for HEERF to prevent, prepare for, and respond to coronavirus.

The U.S. DOE provided the UofM with an electronically signed Grant Award Notification (GAN) on May 27, 2021.

Pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students under the ARP Act Section 2008(a)(1) program, the UofM will receive $47,798,494 of which $24,350,875 will be provided directly to students in the form of emergency grants.

As of March 31, 2022, the total amount of Emergency Financial Aid Grants distributed to students under Section 2008(a)(1) of the ARP Act in two tranches is $13,746,600; $3,196,000 in July 2021 and $10,550,600 in November 2021.

UofM estimated a total of 18,521 as eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 2008(a)(1) of the ARP Act.

As of March 31, 2022, 18,521  students have received an Emergency Financial Aid Grant to students under Section 2008(a)(1) of the ARP Act.

The method used by UofM in June 2021 to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 2008 (a)(1) of the ARP Act is as follows:

  • Student must be currently enrolled in at least half-time status of billable credit hours for the Summer 2021 semester as a degree or eligible certificate seeking undergraduate, graduate, or law student.
EFC Cohort ARP Act Award
$0 $1,000
$1 - $5,711 $800
Non Pell eligible $600

The method used by UofM in November 2021 to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 2008 (a)(1) of the ARP Act is as follows:

  • Student must be currently enrolled in at least half-time status of billable credit hours for the Fall 2021 semester as a degree or eligible certificate seeking undergraduate, graduate, or law student.
EFC Cohort ARP Act Award
$0 $1,000
$1 - $5,846 $800
Non Pell eligible $400

 

All students at the UofM, were advised via email sent on June 30, 2021, about the distribution of the ARP Act funds. 

Dear student, Congratulations! You have been identified as eligible to receive a Federal HEERF III Grant based on the recent American Rescue Plan Act. No action is necessary to receive this grant, but students who have an outstanding balance may opt to apply the grant funds toward their outstanding balance. (An outstanding balance puts a student in jeopardy of having a hold placed on the account. This impacts the ability to register for any future term.) If you have a summer 2021 balance and would like to apply the Federal HEERF III Grant to this balance, please visit the HEERF III Grant Selection page, check the box,k and click "Submit Your Reponse." If you outstanding summer 2021 balance is less than the amount of the HEERF III Grant, you will be refunded the difference. You will need to select an option by 4:30 p.m., Tuesday, July 6th. We expect to begin processing the grants/refunds, as applicable, on Wednesday, July 7th via a paper check or direct deposit. For the most efficient option to receive the funds, ensure that your Direct Deposit is set up by visiting: https://www.memphis.edu/usbs/info/erefund.php. For questions about the HEERF III Grant, please contact the Office of Student Financial Aid by submitting a TigerHelp request. NOTE: Individual grant amounts will be available for you to see beginning Wednesday, July 7th by reviewing your TigerXpress account. For questions regarding the application of grant funds toward your balance and the refund process, please contact University and Student Business Services by submitting a TigerHelp request. Go Tigers!

All students at the UofM, were advised via email sent on November 15th, 2021,  about the distribution of the second tranche of ARP Act funds. 

HEERF III Grant Eligibility Notification (screenshot of email sent November 15, 2021