COVID-19 and Federal Funds for Hispanic-Serving Institutions (HSIs) This page includes an ongoing analysis on how Latino students and the institutions they attend are funded by the CARES Act. Excelencia in Education's analysis found the formula used to allocate funds reinforces funding inequities for Hispanic students and the institutions that enroll them. Return to HSIs and the Changing Landscape Main Page GRAPHIC 1: The CARES Act appropriated $3.5 billion in emergency relief funding to 539 HSIs. A breakdown of the funding is described within. GRAPHIC 2: The CARES Act set aside an additional $1 billion for Minority-Serving Institutions (MSIs). HSIs represent a significant majority of MSIs and received about 20% of the funding. GRAPHIC 3: HSIs enroll more part-time students and Pell Grant recipients than non-HSIs. This matters as the allocation for the CARES Act is based on full-time enrollment (FTE) and to calculate an FTE, it takes 3 part-time students to equal one FTE. GRAPHIC 4: While HSIs received more funds from the CARES Act, on average, than non-HSIs using full-time equivalent (FTE) as a count, more students at HSIs attend part-time. When counting for each student enrolled, HSIs received less funds per head count than non-HSIs. Download Resources Graphic 1 -Hispanic-Serving Institutions (HSIs) CARES Act Funding (PDF) Graphic 2 - Hispanic-Serving Institutions (HSIs) and Minority-Serving Institution (MSI) Funding (PDF) Graphic 3 - Hispanic-Serving Institutions (HSI) enrollment of part-time students and Pell Grant recipients (PDF) Graphic 4 - Hispanic-Serving Institutions (HSIs) vs non-HSIs Funding (PDF) Graphic 1 -Hispanic-Serving Institutions (HSIs) CARES Act Funding (JPG) Graphic 2 - Hispanic-Serving Institutions (HSIs) and Minority-Serving Institution (MSI) Funding (JPG) Graphic 3 - Hispanic-Serving Institutions (HSI) enrollment of part-time students and Pell Grant recipients (JPG) Graphic 4 - Hispanic-Serving Institutions (HSIs) vs non-HSIs Funding (JPG)