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College students in the CARES Act stimulus

Updated: Aug 9, 2020

Through the CARES Act, colleges will receive about $14 billion, roughly $6.3 of which must go to students who are impacted financially by the coronavirus. The amount a college receives is largely based on the number of full-time students who are eligible for Pell Grants, federal scholarships for low-income students. Institutions themselves are supposed to determine who will receive the money, according to the Education Department. The funding was meant to help students pay for course materials, food, housing and health care, among other things.  

Inquire with your Student Financial Aid departments at your school. List of Schools

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