May 29, 2020
HEERF Information
Colby College HEERF Award Summary | |||
---|---|---|---|
HERF I | Award | Spent | Remaining |
Student | $622,498 | $458,673 | $163,825 |
Institutional | $622,498 | $454,903 | $167,595 |
Total | $1,244,996 | $913,576 | $331,420 |
HEERF II | Award | Carryforward HEERF I | Spent | Remaining |
Student | $622,498 | $163,825 | $786,323 | $0 |
Institutional | $1,181,218 | $167,595 | $1,348,813 | $0 |
Total | $1,803,716 | $331,420 | $2,135,136 | $0 |
HEERF III | Award | Spent | Remaining |
Student | $1,646,688 | $1,646,688 | $0 |
Institutional | $1,646,688 | $1,646,688 | $0 |
Total | $3,293,376 | $3,293,376 | $0 |
Student Awards
HEERF I
Variable student awards up to $1,200, a total of $458,673 was awarded in the spring of 2020.
HEERF II
Grants of $1,000 were made to 788 eligible students for a total cost of $788,000
HEERF III
Grants of $2,000 were made to 859 eligible students for a total cost of $1,718,000
Total funds awarded to students: $2,964,673
Institutional Awards
Colby used the HEERF institutional awards to offset COVID testing expenses in FY2020 and FY2021 for a total of $3,377,415.
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