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Code · BILL · 117th Congress · H.R. 1319 (Reported in House) — To provide for reconciliation pursuant to title II of S. Con. Res. 5. · Sec. 2002

Sec. 2002. Higher education emergency relief fund

458 words·~2 min read·/bill/117/hr/1319/rh/section-2002

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In addition to amounts otherwise available, there is appropriated to the Department of Education for fiscal year 2021, out of any money in the Treasury not otherwise appropriated, $39,584,570,000, to remain available through September 30, 2023, for making allocations to institutions of higher education in accordance with the same terms and conditions that apply to the Higher Education Emergency Relief Fund of the Education Stabilization Fund for funding appropriated for fiscal year 2021, except that— 91 percent of such funds shall be allocated to each institution of higher education as defined in section 101 or section 102(c) of the Higher Education Act of 1965 ( 20 U.S.C. 1001 , 1002(c)), and shall be apportioned using the same formula used to apportion funds to each such institution under such Higher Education Emergency Relief Fund; 1 percent of such funds shall be allocated to institutions of higher education as defined in section 102(b) of the Higher Education Act of 1965 ( 20 U.S.C. 1002(b) ), and shall be apportioned using the same formula used to apportion funds to each such institution under such Higher Education Emergency Relief Fund; an institution shall solely determine which students receive emergency financial aid grants under this section; an institution receiving an allocation— under paragraph
(1)shall use not less than 50 percent of such allocation to provide emergency financial aid grants to students; and under paragraph
(2)shall use 100 percent of such allocation to provide emergency financial aid grants to students; an institution receiving an allocation under paragraph
(1)shall use a portion of such allocation to— implement evidence-based practices to monitor and suppress coronavirus in accordance with public health guidelines; and conduct direct outreach to financial aid applicants about the opportunity to receive a financial aid adjustment due to the recent unemployment of a family member or independent student, or other circumstances, described in section 479A of the Higher Education Act of 1965 ( 20 U.S.C. 1087tt ); notwithstanding paragraph (4)(A) or paragraph (5), an institution receiving an allocation under paragraph
(1)a portion of which is apportioned according to a relative share (based on full-time equivalent enrollment or total number) of students who were Pell grant recipients and who were exclusively enrolled in distance education courses prior to the qualifying emergency shall use 100 percent of such portion to provide emergency financial aid grants to students; and institutions required to remit payment to the Internal Revenue Service for the excise tax based on investment income of private colleges and universities under section 4968 of the Internal Revenue Code of 1986 for tax year 2019 shall not be subject to restrictions related to the amount of allocations or uses of funds applicable to such institutions under such Higher Education Emergency Relief Fund.
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