“Most institutions by June had disbursed the emergency student relief grants they received from the CARES Act, according to a survey from the National Association of Student Financial Aid Administrators,” Inside Higher Ed reports.
“The association distributed surveys to its member institutions in both May and June. The results show that 72 percent of institutions that responded hadn't yet distributed funds in May, but 94 percent had done so by the June survey.
Of those that said in the June survey they had distributed funds, more than half had distributed 75 to 100 percent of their funds.”
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