"The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed on March 27, 2020 with the goal of providing more than $2 trillion in relief and aid for businesses and American families. Major components of the act included the Paycheck Protection Plan (PPP), stimulus checks for Americans whose incomes were below specific thresholds, and extended unemployment benefits. For many, these programs have been the difference between keeping the lights on and food on the table or simply going without," Forbes reports. 

..."While a FAFSA form is not listed as a requirement for funding, having one on file would be the “only practicable way” for schools to determine if a student is eligible to participate in the Title IV programs according to the National Association of Student Financial Aid Administrators (NASFAA)."

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: 6/3/2020