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Tag: American Rescue Plan Act
COVID-19
Philadelphia Fed’s Webinar Focuses on Financial Impact and Challenges of COVID-19 on Higher Ed Institutions
Last year, campus-wide shutdowns resulted in financial reimbursement for students and employee furloughs at higher education institutions across the country. To provide support, the federal government passed several relief packages including the Coronavirus Aid, Relief, and Economic Security (CARES) Act and American Rescue Plan Act. However, even as colleges and universities plan to reopen their campuses for in-person learning, the economic effects of COVID-19 will continue to linger. To further understand the economic and overall impact of the pandemic, the Philadelphia Fed hosted a virtual webinar on Wednesday titled, “Symposium on Institutions of Higher Education: Financial Viability and COVID-19.
May 12, 2021
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