ED Issues Guidance on Coronavirus Stimulus Funds for Emergency Grant Aid
The Department of Education has announced it is ready to begin releasing more than $6 billion in CARES Act funds for colleges and universities to make emergency grants to students.
ED Announces Additional CARES Act Aid Disbursement Guidance
The Department of Education shared information on how institutions can draw down their share of the emergency aid appropriated to colleges and universities in the Education Stabilization Fund and provided additional clarification on the requirements for grant aid for students.
ED Clarifies Title IV Requirement for CARES Act Grants to Students
The Department of Education has published an interim final rule that codifies the agency’s position that only Title IV-eligible students can receive emergency grants provided under the CARES Act. The requirements contained in the rule are effective June 17, 2020.