How might colleges benefit from the coronavirus stimulus package?

How might colleges benefit from the coronavirus stimulus package?

To remedy financial losses nationwide, Congress passed a $2.2 trillion stimulus package last week that included billions of dollars for higher ed. … Congress earmarked nearly $14 billion for higher ed in the legislation, which is called the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Almost all of that sum, about $12.5 billion, will go to institutions directly, according to the National Association of Student Financial Aid Administrators. … Public universities projected to receive the most funding … University of California, Irvine – $39,067,000 …