The latest COVID-19 relief funding sources for higher education

As the end of the spring semester nears, higher education institutions are making challenging decisions about the road ahead in the face of continued uncertainty. New rounds and sources of federal COVID-19 relief funding are providing critical aid to address institutions’ evolving needs, while also raising new questions around the utilization and administration of the funds, especially given the need for institutions to separately account for their use of multiple funds with differences in timelines, use options, and other rules.

Join KPMG LLP for an interactive webcast during which leaders from our government, education, and regulatory practices will discuss lessons learned and strategies for leveraging pandemic relief aid from federal aid packages to date, as well as anticipated funding from the recently enacted American Rescue Plan Act of 2021. Specifically, KPMG panelists will focus on the following funding sources:

• Higher Education Emergency Relief Funds (HEERF) I, II, and III
• Governor's Emergency Education Relief (GEER) Funds I and II
• Coronavirus Relief Fund (CRF)
• Coronavirus Fiscal Recovery Funds (CFRF)
• Provider Relief Fund (PRF)

Key topics include:

• An overview of funding and federal guidance across pandemic related funding to date and ahead, including what’s new, what’s different, and what’s possible
• Leading industry practices and creative insights for utilizing and administering funding to advance your institution’s goals
• Key considerations and strategic approaches to establishing effective internal controls and compliance while enhancing the benefits to both your institution and students
• Q&A with KPMG industry leaders