“A new survey from the National Association of Student Financial Aid Administrators (NASFAA) offers some insight into how many colleges have started distributing federal emergency grants to students affected by the coronavirus,” Education Dive reports.
“The Education Department began releasing more than $6 billion in CARES grant money earmarked for students in early April.
… But the drama around the CARES funding has seemingly not stopped colleges from handing out the grants. About 94% of colleges said they had distributed any amount of CARES funds, according to NASFAA's survey. This is an increase from a month ago, when the group found only 28% of responding colleges had started distributing the money."
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: 6/17/2020