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ARTICLE · 27 APRIL 2020

ED Issues Instructions To Higher Ed To Obtain CARES Act Funds

Earlier this afternoon, the U.S. Department of Education sent a letter to institutional leaders detailing the process for securing the first round of relief funds under the Coronavirus Aid, Relief, and Economic Security ("CARES") Act.

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Earlier this afternoon, the U.S. Department of Education sent a letter to institutional leaders detailing the process for securing the first round of relief funds under the Coronavirus Aid, Relief, and Economic Security ("CARES") Act. Institutions can access this information by clicking here. The Department has included a breakdown of the funds each institution will receive under the Higher Education Emergency Relief Fund, as well as a Certificate of Agreement that must completed. The Department has indicated that funds will be disbursed through the Department's G5 system. This initial round of funding is to be used exclusively for emergency assistance to students, and represents 50% of the total allocation for each institution.

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