The CARES Act authorizes ED to allow institutions to ease
certain federal student aid requirements, provide relief for
certain students and borrowers with federally held student loans
and relax certain requirements.
The CARES Act authorizes the US Department of Education (ED) to
allow institutions to ease certain federal student aid
requirements, provide relief for certain students and borrowers
with federally held student loans and relax certain requirements
applicable to foreign institutions, as well as historically black
colleges and universities (HBCUs) and other minority-serving
institutions (MSIs). These regulatory relief provisions supplement
the stimulus funding made available by the CARES Act to
institutions of higher education, which we discussed in a previous
post.