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By the Numbers: Minority Serving Institutions and Higher Education Emergency Relief in 2021

Summary

A page of the Higher Education Emergency Relief Fund 2021 Annual Performance Report Fact Sheets says Congress provided more than $76 billion through HEERF, and that the American Rescue Plan included $11 billion for Hispanic-serving institutions and about $5 billion for Asian American and Native American Pacific Islander-serving institutions. In 2021, it says, minority serving institutions delivered over $6.7 billion in emergency financial aid grants; one in two MSI students received a grant, with 4.2 million students receiving an average of $1,582 each. MSIs spent $724 million, or 10% of their institutional funds, on additional emergency aid, and 61% of them (357 institutions) spent $635 million on discharging unpaid student balances. Of MSIs, 95% said HEERF let them keep enrolled students who were at risk of dropping out.

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Issuer
Congressional materials
Document type
Department Of Education Minority Serving Institutions By The Numbers Www Ed Gov E0B412Acc6
Case
Department Of Education Minority Serving Institutions By The Numbers Www Ed Gov E0B412Acc6

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“By the Numbers: Minority Serving Institutions and Higher Education Emergency Relief in 2021.” Original at www.ed.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/department-of-education-minority-serving-institutions-by-the-numbers-www-ed-gov-e0b412acc6/, SHA-256 534759e5b2fbc0d3260684980a4727a7455863c769b865f2b28f40ee83f4c138.

Full text

 BY THE NUMBERS: Minority Serving Institutions and Higher
          Education Emergency Relief in 2021
The Higher Education Emergency Relief Fund (HEERF) provided historic funding to institutions of higher
    education (IHEs) and their students to prepare for, respond to, and recover from the COVID-19
pandemic. Through HEERF, Congress provided more than $76 billion in emergency assistance, including
 one of the largest infusions of support ever provided through President Biden’s American Rescue Plan
 (ARP). The ARP included $11 billion to Hispanic-serving institutions, approximately $5 billion to Asian
American and Native American Pacific Islander-serving institutions, and $1 billion to Predominantly Black

                 estimated to have received direct financial aid as a result of HEERF support. 1


                       Here’s how HEERF helped MSIs and their students in 2021:

HEERF Provided Critical Direct Aid to MSI Students
          In 2021, MSIs delivered over $6.7 billion dollars to via emergency financial aid grants to

          One in two MSI students received a grant thanks to HEERF, with a total of 4.2 million students
          receiving an average of $1,582 each.
          MSIs spent $724 million, or 10% of their institutional funds on additional emergency aid to




HEERF Kept MSI Students Enrolled
          95% of MSIs said HEERF allowed them to keep students enrolled who were at risk of dropping

          88% of MSIs stated that HEERF enabled them to keep students enrolled by providing them with

          61% of MSIs (357 institutions) spent $635 million on discharging unpaid student balances.




1
  This total includes the number of students reported to have received funds in 2021 and the projected number of students who will
receive funds in 2022. To get the projected number, the Department used HEERF spending data, including spending from student
aid funds in 2022, the percentage of institutional funds spent by institutions on additional emergency aid grants, and the average
student award. The projected number may include students that received funds in both 2021 and 2022.
Higher Education Emergency Relief Fund: 2021 Annual Performance Report Fact Sheets                                                   4


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