NASFAA Mention: Proposal: $1,200 CARES Act Stimulus Checks for 6.8 Million College Students

"A new bill introduced in the House of Representatives would make low-income college students eligible to receive $1,200 stimulus checks that were distributed as part of the CARES Act," Forbes reports.

..."A survey by the National Association of Student Financial Aid Administrators (NASFAA) showed that while only 28 percent of institutions had distributed aid in May, by June, 94 percent had disbursed their CARES Act emergency grants. However, the required reporting by each institution receiving aid highlights a disparity in the amounts given to students as well as the process used to determine the amounts."

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: 7/2/2020

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