Students who will be enrolled at Spoon River College in a minimum of six credit hours for Fall 2021 may be eligible for at least $500 in emergency funds through the Higher Education Emergency Relief Fund II (HEERF II), authorized by the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA).
To receive funds, students must be enrolled in at last six credit hours for Fall 2021 by August 23. They must also be a U.S. citizen, a permanent resident, or an eligible non-citizen, complete and have on file at SRC the 2021-2022 Free Application for Federal Aid (FAFSA), and complete the College HEERF II application.
High school students taking dual credit courses at the high school are eligible for $25 per credit hour and must complete the Dual Credit HEERF II application. High school students taking at least six (6) credits of dual credit courses online or on campus at SRC are eligible for the $500 incentive and must complete the College HEERF II application. High school students do not need to complete the FAFSA.
The offer is for Fall 2021 credit classes only and is available until funding is exhausted. Awards will be based on registered hours for Fall 2021 at the end of the business day on September 3, 2021, and will be applied to student accounts after that date. Any Nelnet payment plans will be reduced by the amount awarded after funds are applied to student accounts. Awarding may take up to ten days.
The more hours you are enrolled in, the more funds you are eligible to receive. These funds are in addition to financial aid, scholarships, or other external funding sources. The applications can be accessed at https://www.src.edu/freemoney.
Applications will be reviewed on a weekly basis to ensure students meet eligibility requirements, and will be processed on a first-come, first-serve basis. Students will be notified of the HEERF II award through MySRC email. Students can only receive HEERF II funds once.
HEERF II funds do not have to be reported as income when filing a FAFSA, and is not considered financial aid when calculating financial aid and award eligibility. All awards must adhere to the federal statutory and regulatory requirements. The federal tax treatment of these funds is still uncertain, and information will be updated on the SRC website as it becomes available.
The Higher Education Emergency Relief Fund II (HEERF II) is authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260, signed into law on Dec. 27, 2020. In total, the CRRSAA authorizes $81.88 billion in support for education, in addition to the $30.75 billion expeditiously provided last spring through the Coronavirus Aid, Recovery, and Economic Security (CARES) Act, Public Law 116-136.