Financial Report

The federal government approved three rounds of emergency funds for students with exceptional financial need related to the COVID-19 pandemic:

• CARES (Coronavirus Aid, Relief, and Economic Security) Act in April 2020 (HEERF I)
• CRRSAA (Coronavirus Response and Relief Supplemental Appropriations Act) 2021 in December 2020 (HEERF II)
• ARP (American Rescue Plan) Act 2021 in April 2021 (HEERF III)

The above acts are also known collectively as the Higher Education Emergency Relief Funds (HEERF).

The total amount of HEERF funds awarded to CityU to be used as financial aid grants directly to students impacted by the pandemic is $1,360,697. The total amount of HEERF funds awarded to CityU as institutional funds is $1,783.051.

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Please click for reporting on financial aid grants awarded and disbursed to students.

Please click for the January 10, 2021 report on institutional funds.

Please click for the April 10, 2021 report on institutional funds.

Please click for the June 30, 2021 report on institutional funds.

Please click for the September 30, 2021 report on institutional funds.

Please click for the January 10, 2022 report on institutional funds.

Please click for the April 10, 2022 report on institutional funds.

Please click for the June 30, 2022 report on institutional funds.