Tag: coronavirus stimulus package

HBCUs

House Democrats’ New Act Proposes $10 Billion for HBCUs, MSIs in Coronavirus Relief

A new coronavirus relief and stimulus package proposal from House Democrats, unveiled Tuesday, calls for the provision of another $10.15 billion for historically Black Colleges and universities (HBCUs) and minority-serving institutions (MSIs). This will be in addition to the $1 billion of federal funds made available to these institutions via the stimulus package under the […]

May 13, 2020

African-American

Amid COVID-19, Doubling Pell Grants is the Next Urgent Need for HBCUs, Says UNCF

The United Negro College Fund (UNCF) is soon going to pitch for doubling Pell Grants so Black and other minority students consider attending college an attractive option despite the widespread economic havoc caused by the coronavirus pandemic.

May 1, 2020

COVID-19

Young Invincibles: Elite Institutions Should Accept Stimulus Funds

Late last week, the University of Pennsylvania joined its rich, elite peers, like Harvard, Princeton, Stanford and Yale universities, in refusing its share of funds from the coronavirus stimulus package. It was a laudable move on the part of these universities, many observers said, but one advocacy group, Young Invincibles, said on Monday these universities shouldn’t refuse the money.

April 27, 2020

COVID-19

DACA College Students Not Eligible For Coronavirus Aid Funds

U.S. Education Department guidelines released Tuesday disallow undocumented and Deferred Action for Childhood Arrivals (DACA) college students from receiving emergency coronavirus federal aid, reported Newsweek. The federal coronavirus stimulus package under the CARES Act allocates some $6 billion in cash grants for college and university students whose educations have been disrupted by the coronavirus pandemic. […]

April 22, 2020

COVID-19

Amid Pandemic, For-Profit Colleges Look to Increase Enrollments

As the coronavirus has shut college campuses and forced them to provide online instruction, several of the country’s largest for-profit colleges are looking to boost enrollments and targeting unemployed workers who may be thinking of going back to school, reported the Associated Press. Many of these for-profits have increased advertising and are offering discounts for […]

April 21, 2020

Latinx

Ensure Emergency Grants to Students Aren’t Taxed: Higher Ed Groups

A host of higher education groups, including the American Council on Education, have written to congressional leaders asking them to ensure that the emergency student financial aid grants authorized by the coronavirus stimulus package, or the CARES Act, are not subject to taxation. Under the act, $6.28 billion was awarded to college and universities “to […]

April 21, 2020

COVID-19

$6.2 Billion From CARES Act Made Available to Colleges and Universities

Secretary of Education Betsy DeVos on Tuesday made available $6.2 billion earmarked for institutional support to colleges and universities under the coronavirus stimulus package called the CARES Act. Passed last month, the Act allocated $14 billion in total for higher education. This latest block of funds is in addition to the $6.28 billion DeVos released […]

April 21, 2020

COVID-19

Large-Scale Debt Forgiveness May Benefit High Income Borrowers: Higher Ed Associations

The American Council on Education and 31 other higher education institutions on Monday wrote to Congress saying it should be careful pursuing any large-scale student debt forgiveness measures in response to the coronavirus pandemic because they may end up benefitting high income and other borrowers who don’t require such help. “… any debt relief program […]

April 20, 2020

News Roundup

After 10 Days, Only $6 Million of $6 Billion in Emergency Grants Has Reached Campuses

Close to 11 days after its disbursal was announced, only $6 million of the $6.28 billion in coronavirus emergency cash grants to college students has reached college campuses, reported Politico on Monday, citing the Education Department. The department is blaming colleges, saying they have been lax in submitting the required applications to access the funds. […]

April 20, 2020

COVID-19

U of Illinois Creates $36 Million Financial Aid Fund With Federal, Other Monies

The University of Illinois said on Thursday it has created a $36 million financial aid fund for students in need, with federal money from the coronavirus stimulus package, institutional funding and private fundraising. The funds will help undergraduate and graduate students cover tuition, housing and other costs at a time when the coronavirus pandemic has […]

April 16, 2020