The Blank School engages Babson community members and leads research to create entrepreneurial leaders.
HEERF III Institutional Portion
This is to acknowledge that Babson College, per the College’s Certification and Agreement under the CRRSAA and ARP (a)(1) and (a)(4) programs, has received additional funds from the Higher Education Emergency Relief Fund III (HEERF III), part of the American Rescue Plan (ARP), Public Law 117-2, signed into law on March 11, 2021.
2. $2,192,421 - The total amount of HEERF III/ARP (a)(1) funds that the institution received from the Department pursuant to the institution’s Certification and Agreement for the institutional portion on May 15, 2021.
3. $0.00 – the total amount disbursed under HEERF III/ARP (a)(1) as of the date of submission. This data is valid through 3/31/2022.
4. The method(s) used by the institution to determine expenditures under HEERF III/ARP (a)(1):
a. Babson College has assessed its institutional needs and is prioritizing the best use of CARES Act, HEERF II and HEERF III institutional funds. $2,433,726 Funds to date have been spent from CARES and HEERF II on reimbursing the college for lost revenues due to the pandemic.
HEERF III Quarterly Institutional Reporting – 6/30/2021
HEERF III Quarterly Institutional Reporting – 9/30/2021
HEERF III Quarterly Institutional Reporting - 12/31/2021
HEERF III Quarterly Institutional Reporting - 3/31/2022
HEERF III Quarterly Institutional Reporting - 6/30/22 -00212100_HEERF_Q42022_070722