Secretary of Education Betsy DeVos announced Thursday more than $6 billion will be distributed immediately to colleges and universities so that the institutions can provide direct emergency cash grants to their students.
Congress passed two weeks ago a $2.2 trillion aid package bill, known as CARES Act, in an effort to ease the economic stress on Americans amid the pandemic. Of the $14 billion the CARES Act allocated for higher education, $6.3 billion has been made available to colleges and universities to provide cash grants to help students cover expenses related to disruptions to their educations because of the CCP virus outbreak, including course materials, technology, food, housing, health care, and childcare.
