Satisfactory academic progress requirements for students and teachers working towards teacher loan forgiveness will have their requirements waived.Roughly $13 billion is allotted from the CARES Act to go directly to higher education institutions. If you have questions concerning this program, please submit them via e-mail to The funding opportunity number is ED-GRANTS-043020-002. On March 27, the President signed into law the CARES Act, a $2 trillion emergency economic relief package that seeks to stem the economic fallout from the coronavirus pandemic. CARES Act College Funding: Cash for Students. If you have questions concerning this program, please submit them via e-mail to The funding opportunity number is ED-GRANTS-043020-003. Following up on yesterday’s post. The CARES Act, signed into law on March 27, allocated about $14 billion to American colleges and universities, of which approximately $6.3 billion must go to students … Colleges and universities are getting $14 billion in grants, and $6 billion will immediately help students impacted by the COVID-19 pandemic. As the unemployment rate climbs to its highest level since the Great Depression, more than 38 million Americans have filed new unemployment claims in the last three months. President Trump just signed a $2 trillion bill aimed at providing relief for those impacted by coronavirus.As businesses close nationwide, and a record 3.3 million Americans file for unemployment, according to the Department of Labor, Congress worked to pass the CARES Act.According to NPR, the legislation is aimed at speeding “relief across the American economy… during an unprecedented freeze on the majority of American life.” The source reports that groups like individuals, small businesses and big corporations are subject to various forms of relief.Students with existing federal debt can expect “temporary student loan relief.”The source reports that “all loan and interest payments will be deferred through Sept. 30 without penalty to the borrower for all federally owned student loans.”According to Forbes, students that drop out mid-semester due to the pandemic may be subject to a cancelation in federal loans “for the current academic term.” Additionally, the Department of Education has also “waived the normal rules for the return of ‘unearned’ federal student aid, such as the Federal Pell Grant, if a student withdraws because of the coronavirus pandemic.”“If a student drops out of college, the subsidized Stafford loans and Pell Grants received during the academic term will be excluded from their respective duration limits.”The DEA has also “issued guidance to colleges that students who have been affected by the coronavirus pandemic may appeal for more financial aid.”According to NPR, the bill also allows “schools to turn unused work-study funds into supplemental grants and continue paying work-study wages while schools are suspended.”Funding for various universities and institutions in areas such as the arts is also included. LOUISVILLE, KY (WAVE) - Stimulus checks have been rolling out. I think that college students will be the most affected by COVID-19 and are receiving virtually no help, especially those who are dependents.”Rodriguez said that he believes Governor Cuomo should look into other forms of relief, such as freezing rent and mortgages, as well as cable, internet and phone bills in order to boost the effectiveness of the $1,200 relief check. "It's too early to say but, it will be financially need based. You can read more here:“Jiggy By Nature initially started out as ‘just clothes,’ but the brand has grown to become more than that.”
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