Highlander Ryan Poon /The Highlander At the beginning of 2020, UCR lost its designation as a Hispanic-Serving Institution after a filing omission occurred under UCRâs Office of Planning, Budget and Administration that caused them to miss the filing deadline for 2020. UCR estimates that it lost $2.4 million in Higher Education Emergency Relief Fund and Coronavirus Aid Relief and Economic Security Act funding due to losing its HSI designation. The university has officially regained its status as a HSI after approval from the U.S. Department of Education. Hispanic-Serving Institutions are defined under Title V of the U.S. Department of Educationâs Higher Education Act as an institution of higher education with a full-time equivalent undergraduate student enrollment that is at least 25% Hispanic. HSIâs must have an enrollment of students in need where at least 50% of an institutionâs students received financial assistance under the Federal Pell Grant, the Federal Supplemental Educational Opportunity Grant, Federal Work Study or the Federal Perkins Loan Programs.