How Higher Education Institutions Can Maximize American Rescue Plan Act Funding
A SAP Concur blog post notes the pandemic exposed weaknesses in higher education institutions' legacy systems, and the American Rescue Plan (ARP) Act provides funding to upgrade administrative functions. It says CARES Act funding must be used by December 31, 2021, while the deadline for ARP Act funds is December 31, 2024. It recommends prioritizing student financial aid and campus safety while also improving the systems back-office teams use. It also recommends following the 'paper' trail by shifting from paper to digital documentation for easier proof of funding use, and moving to the cloud, arguing cloud migration is a way to work more efficiently and securely and maximize funding.
Impact and considerations
The article clarifies the spending deadlines for CARES Act and ARP Act funds and points to IT modernization and cloud migration as funding directions for higher education institutions, offering reference value for finance and administrative managers at such institutions.
Key points
- The pandemic exposed weaknesses in higher education institutions' legacy systems, and the American Rescue Plan (ARP) Act provides funding to upgrade administrative functions.
- CARES Act funding must be used by December 31, 2021, while the deadline for ARP Act funds is December 31, 2024.
- The article recommends prioritizing student financial aid and campus safety while also improving the systems back-office teams use.
- The article recommends shifting from paper to digital documentation for easier proof of funding use and near-real-time tracking of trends and behaviors.
- The article recommends moving to the cloud, arguing cloud migration is a way to work more efficiently and securely and maximize funding.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 13 Sept 2026, 00:38
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog:Working Smarter, Not Harder: How Higher Education Institutions Can Maximize American Rescue Plan Act Funding (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47