NASFAA Mention: Congress Set Aside $6 Billion for Emergency Grants for College Students. Here's Who Is Getting the Aid

"College students are finally starting see their share of more than $6 billion in federal funds set aside for emergency financial aid grants. Six weeks after Congress passed its massive coronavirus relief bill, the money has been slow to reach students and won’t be enough to help all those who could use it, experts say," Money reports

...."While the law does say colleges have to give out the money only to students who faced expenses because of campus closures, it doesn’t require students to submit proof of those expenses, says Justin Draeger, president of the National Association of Student Financial Aid Administrators. So a college could decide, for example, that any student who had to move off campus unexpectedly incurred an expense, he says.

Eligible costs may include include food, housing, transportation, course materials, technology to take courses online, health care and childcare. While colleges have a year to spend the money, most are trying to get it to students as soon as possible, Draeger says."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.



Publication Date: 5/14/2020

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