Higher Education Emergency Relief Fund (HEERF) Application

The U.S. Department of Education established the American Rescue Plan Act of 2021 (ARP) to provide emergency financial aid grants to students who experienced unexpected expenses related to the COVID-19 pandemic. These grants are part of the ARP Higher Education Emergency Relief Fund (HEERF III). The University has prioritized extending HEERF III funds to eligible students with exceptional financial need as recommended by the U.S. Department of Education. Students with exceptional financial need who met the eligibility criteria received a message on November 5 about their HEERF III financial aid grant (check your spam filter in case it went there). If you experienced exceptional financial need related to COVID-19 and did not receive a grant, you can apply for a HEERF III grant.

 

Tax implications

IRS Frequently Asked Questions clarify that emergency financial aid grants paid to students under HEERF III for unexpected expenses related to the COVID-19 pandemic are not included in students’ income because the amounts are qualified disaster relief payments under section 139 of the Internal Revenue Code. Students should consult their individual tax advisors for additional information regarding this exclusion.

Questions

Please use this form to submit questions.

We know that COVID has caused many disruptions in the lives of Wake Forest students. We hope that this HEERF III funding helps alleviate some of the financial pressures that you may have experienced.