HEERF Annual Reporting Period Now Open
1/07/2021
Despite limited advanced opportunity for the higher education community to review final reporting forms, the Department of Education has released annual reporting materials for CARES Act Higher Education Emergency Relief Fund (HEERF) aid for the current reporting period.
While ED has a draft version of the form available online for review, colleges and universities should be sure to submit their actual institutional information via the reporting portal that ED has established. Only an institution’s pre-designated submitter is permitted to submit reporting materials. The reporting period opened on January 5, 2021, and runs through February 1, 2021, by which time all institutions receiving any portion of HEERF aid must submit their annual reports.
NACUBO weighed in on early drafts of the annual reporting form in September and is pleased to see that ED heeded much of our advice. Specifically, the addition of a designated line to report “Providing reimbursements for tuition, housing, room and board, or other fee refunds,” which was not included in initial drafts of the form, should make institutional reporting more accurate and less burdensome.