DOE Announces Changes to HEERF Guidance

With the passing of new relief, funding comes additional questions and the need for further guidance.  Finally, on March 19, 2021, the Department of Education (DOE) released guidance on the timing of expenses allowable under the various relief grants, as well as further defining and calculating lost revenue.

Previously, funds received under the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) were only to be used for costs incurred on or after December 27, 2020, which is the date the CRRSAA was signed into law.  On March 19, 2021, the DOE announced that, “Grantees will now have the flexibility to charge costs back to March 13, 2020, the date of declaration of the national emergency.”  Furthermore, the DOE clarified that this guidance applies to all Higher Education Emergency Relief Funds, including unspent from the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), CRRSAA, and American Rescue Plan Act of 2021 (ARP).

In addition to this announcement, the DOE has released the following:

  • HEERF Lost Revenue FAQs – Discusses how institutions may calculate and account for the amount of lost revenue they incurred as a result of COVID-19.  Specifically, lost revenue was defined to include tuition, fees, room and board, enrollment losses, canceled events, food and dormitory service expenses, bookstore revenues, parking fees, and others.
  • Updated FAQs for CRRSAA (a)(1) – Provides guidance on whether HEERF funds may be used to support non-degree seeking, non-credit, dual enrollment, and continuing education students, among others.

Click here to access the DOE’s official announcement.

Schneider Downs also has other articles in this series:

You’ve heard our thoughts… We’d like to hear yours

The Schneider Downs Our Thoughts On blog exists to create a dialogue on issues that are important to organizations and individuals. While we enjoy sharing our ideas and insights, we’re especially interested in what you may have to say. If you have a question or a comment about this article – or any article from the Our Thoughts On blog – we hope you’ll share it with us. After all, a dialogue is an exchange of ideas, and we’d like to hear from you. Email us at [email protected].

Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

© 2021 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

our thoughts on
Persistent Challenges Facing Manufacturing
OMB Releases 2021 Compliance Supplement
IRS Provides Taxpayer-Friendly Guidance for the Employee Retention Credit
What to Know About the Latest Title IX Guidance
Universities Are Exploring New Business Models
Register to receive our weekly newsletter with our most recent columns and insights.
Have a question? Ask us!

We’d love to hear from you. Drop us a note, and we’ll respond to you as quickly as possible.

Ask us
contact us

This site uses cookies to ensure that we give you the best user experience. Cookies assist in navigation, analyzing traffic and in our marketing efforts as described in our Privacy Policy.

×