Dear Commons Community,
The federal stimulus package enacted last month will send about $14 billion in grants directly to institutions of higher education. The law was passed as college leaders continued to grapple with the financial consequences of moving instruction online as well as the broader economic fallout of the coronavirus pandemic.
Late last week, the U.S. Department of Education released new information about how a majority of that money, or $12.5 billion, would be distributed across the sector. (The remaining share of the stimulus money will be directed to minority-serving institutions and smaller colleges.)
The Chronicle of Higher Education has compiled a sortable table showing how much of the $12.5 billion each college is in line to receive. Half of each institution’s total grant amount is reserved for emergency student aid. That portion of the money, the USDOE said in a news release, will be distributed “immediately.”
Tony
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