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ARTICLE · 27 APRIL 2020

Institutional Relief Under The CARES Act

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...

United StatesConsumer Protection

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.

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