How Much Are Students Getting From The Cares Act. Secretary of education betsy devos announced the first $6.28 billion for emergency financial aid grants for students in a letter to college and university presidents on april 9. On thursday, the department of education released details about how that money would be allocated.
To ensure students with the greatest need have access to the same support, pitt is directly awarding those students without a fafsa on file who fall into one or more of those five categories. Signed on march 27, the cares act provides almost $14 billion to postsecondary education students and institutions across the country. According to scott linzey, scad’s vice president for student financial services, the cares act requires half of the money go directly to students.
That’s thanks to the $2.2 trillion coronavirus aid, relief, and economic security — cares — act, approved by congress on march 27, which allocated $30.75 billion for an “education.
There is also aid through the cares act. On june 2, the university opened cares act funding applications for students enrolled during the spring 2020 semester. This is all part of the cares act, according to our news partners at the times daily. Ucf will award more than $3.5 million to the more than 3,800 students who met eligibility criteria and completed the second application for the cares act.