Education Department Releases Institutional Portion of CARES Act Higher Education Emergency Relief Fund

April 24, 2020
College savings

This week, the U.S. Department of Education (ED) released the “Institutional Portion” of the Higher Education Emergency Relief Fund (HEERF) established by the CARES Act to provide financial support to colleges, universities, and students facing educational challenges related to COVID-19.

Continue reading for a brief summary of the provisions governing these institutional funds, as well as an overview of the related application process.

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