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Skidmore College

Higher Education Emergency Relief Fund (HEERF) Funding Information

HEERF I / Coronavirus Aid, Relief, and Economic Security (CARES) Act Funding

 

May 20, 2021

Institutional Aid - American Rescue Plan Act (HEERF III)

Skidmore College has received $2,087,820 in Institutional Aid as part of the American Rescue Plan Act (HEERF III).

Due to the ongoing health situation, the College and some of our partners made the difficult decision to cancel certain Summer 2021 programs and events, which will result in revenue reductions.  Certain auxiliary revenues will also be negatively impacted during the Fall 2021 semester.  Skidmore plans to use the $2,087,820 in Institutional Aid to partially offset these lost revenues and will draw down these funds when the lost revenue has been fully realized.

The quarterly report covering the quarter ending 6/30/21 was submitted to the Department of Education on 7/12/21 and can be viewed here.

 


May 20, 2021

Student Aid - American Rescue Plan Act (HEERF III)

Skidmore College has received $2,087,822 in Emergency Financial Aid Grants for Students as part of the American Rescue Plan Act (HEERF III).  Skidmore College signed and returned to the U.S. Department of Education the Certification and Agreement and the assurance that the institution has used the applicable amount of funds designated under the American Rescue Plan Act to provide Emergency Financial Aid Grants to Students.

Skidmore has awarded $1,235,066 in HEERF III Grants for Students to 643 students as of July 8, 2021.

These Federal grants are prioritized for students with “exceptional” family financial need (such as students who qualify for the Federal Pell Grant), per Federal guidance.

Block grants to students enrolled in the 2021-22 academic year have been awarded.  Additional block grants will be awarded to the Class of 2021 with exceptional need.  Additional funds will continue to be awarded based on exceptional need.  Contact the financial aid office to be considered or with any questions finaid@skidmore.edu.

 


January 17, 2021

Institutional Aid - Coronavirus Response and Relief Supplemental Appropriations Act (HEERF II)

Skidmore College has received $1,520,536 in Institutional Aid as part of the Coronavirus Response and Relief Supplemental Appropriations Act (HEERF II).

In order to maintain the health and safety of our students, faculty and staff, Skidmore College contracted with the Broad Institute to conduct weekly COVID-19 tests for those working and residing on campus. As part of this program, we also incurred certain nursing and courier costs.  The College also incurred costs at local hotels for certain student-related quarantine measures.  Skidmore used the $1,520,536 in Institutional Aid to partially offset these significant expenditures.

The quarterly report covering the quarter ending 3/31/21 was submitted as a final report to the Department of Education on 7/12/21 and can be viewed here.

 


January 17, 2021

Student Aid - Coronavirus Response and Relief Supplemental Appropriations Act (HEERF II)

Skidmore College has received $820,317 in Emergency Financial Aid Grants for Students as part of the Coronavirus Response and Relief Supplemental Appropriations Act (HEERF II). Skidmore commits to using no less than 50 percent of its total HEERF II funds as Emergency Student Grant Funds. Skidmore College signed and returned to the U.S. Department of Education the Certification and Agreement and the assurance that the institution has used the applicable amount of funds designated under the American Rescue Plan Act to provide Emergency Financial Aid Grants to Students.

Skidmore has awarded $820,317 to 374 students as of March 15, 2021.

The requirements for this Federal eligibility include US Citizenship (or US Permanent Residency status), Title IV Federal student aid eligibility (FAFSA filers, of which Skidmore has 1,341 for 2019-2020), with funding priority based on family financial need (such as qualify for the Federal Pell Grant).

US Citizens and eligible non-citizens who have filed a 2019-2020 FAFSA were sent three emails with a link to the application for funding. All available funding has been awarded. If you have questions please email the financial aid office at finaid@skidmore.edu.

 


January 29, 2021

Skidmore College submitted the required HEERF I Annual Performance Report via the Annual Report Data Collection System on January 19, 2021.

 


October 15, 2020 - Institutional Aid Portion

Skidmore College has received $820,316 in Institutional Aid as part of the Federal CARES Act, and has signed the Certification to the Department of Education.

Due to the initial outbreak of COVID-19, Skidmore made the decision to send the vast majority of our students home to complete the remainder of the semester through virtual learning. Skidmore refunded students in College housing for the remainder of the Spring 2020 semester, an unplanned expenditure (lost revenue) of more than $4 million.

Skidmore used the $820,316 in Institutional Aid to provide reimbursements for room and board to partially offset this significant and unplanned expenditure. The quarterly report covering the quarter ending 9/30/20 was submitted as a final report to the Department of Education on 10/14/20 and can be viewed here.

 


June 23, 2020 - Student Aid Portion

Skidmore College has received $820,317 in Emergency Financial Aid Grants for Students as part of the Federal CARES Act, and has signed the Certification to the Department of Education. Skidmore commits to using no less than 50 percent of its total HEERF funds as Emergency Student Grant Funds.

Skidmore has awarded $820,317 to 399 students as of June 23, 2020.

The requirements for this Federal eligibility include US Citizenship (or US Permanent Residency status), Title IV Federal student aid eligibility (FAFSA filers, of which Skidmore has 1,341 for 2019-2020), with funding priority based on family financial need (such as qualify for the Federal Pell Grant).

US Citizens and eligible non-citizens who have filed a 2019-2020 FAFSA were sent three emails with a link to the application for funding. All available funding has been awarded. If you have questions please email the financial aid office at finaid@skidmore.edu.

 


May 19, 2020 - Student Aid Portion

Skidmore College has received $820,317 in Emergency Financial Aid Grants for Students as part of the Federal CARES Act.

Skidmore has awarded $313,829 to 227 students as of May 14, 2020.

The requirements for this Federal eligibility include US Citizenship (or US Permanent Residency status), Title IV Federal student aid eligibility (FAFSA filers, of which Skidmore has 1,341 for 2019-2020), with funding priority based on family financial need (such as qualify for the Federal Pell Grant).

US Citizens and eligible non-citizens who have filed a 2019-2020 FAFSA have been sent two emails with a link to the application for funding. Applications will continue to be reviewed on a funds-available basis. If you have questions please email the financial aid office at finaid@skidmore.edu.