Higher Education Relief In The Stimulus Act

The Coronavirus Response and Relief Supplemental Appropriations Act (Stimulus Act), a subpart of the larger Consolidated Appropriations Act, 2021, was signed into law by President Trump on Dec. 27, 2020. The Stimulus Act is the second round of federal coronavirus relief funding since the start of the pandemic. The first round of funding was provided in April 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The Stimulus Act is intended to help individuals and businesses continue to prevent, prepare for, and respond to the COVID-19 pandemic. Like the CARES Act, the Stimulus Act provides regulatory and financial relief for students, schools, educational agencies, and higher education institutions. This bulletin focuses on higher education institutions.