The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes an Education Stabilization Fund of $30.75 billion. Funding is available until September 30, 2021 and is intended to assist states as well as educational institutions and entities responding to COVID-19. The purpose of this memorandum is to outline the higher education provisions in the appropriations (Part I) and authorization (Part II) portions of the stimulus package.
All NGA COVID-19 memos can be found here, or visit COVID-19: What You Need To Know for current information on actions States/Territories are taking to address the COVID-19 pandemic; as well as advocacy, policy, and guidance documents for protecting public health and the economy.