New HEERF Institutional Reporting Form Released

By Michael T. Wherry, CPA | October 2, 2020

The Department of Education (ED) on September 28 announced the implementation of the quarterly public reporting requirement for the institutional portion of the Higher Education Emergency Relief Fund (HEERF), as well as a new reporting form.

The form includes sections for institutional dollars provided for emergency financial aid grants or tuition reimbursements, tuition discounts, additional technological hardware, the cost of high-speed internet to students, off-campus housing costs or food service. The form is organized based upon the CARES Act statutes under which the HEERF grants were provided. The HEERF grants provided to institutions were under Section 18004(a)(1), 18004(a)(2), or 18004(a)(3), and this statute section is listed on the Recipient’s Funding Certification Agreement.

Importantly, an institution must publicly post its first report, which covers the period from the date of its first institutional HEERF grant award through September 30, to its website by October 30.

You can find the new reporting form here and check out these resources for more assistance:

For more information on HEERF reporting and CARES Act-related questions, please feel free to reach out to McClintock & Associates here.

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