The new Consolidated Appropriations Work, 2021 (CAA)-the new COVID-19-associated stimuli regulations signed towards the legislation on the -makes available nearly $81.9 mil into the Degree Stabilization Loans (ESF), at which $twenty-two.7 mil is determined aside due to the fact save investment as distributed by the You.S. Agency from Degree (ED) in order to IHEs through the Higher education Emergency Recovery Funds (HEERF). Point 311(a). These types of fund are in introduction into recovery capital allocated around the brand new Coronavirus Aid, Relief, and you may Economic Security (CARES) Act, since the revealed here this is when, and will will always be available through , for IHEs to get rid of, get ready for, and you can address new COVID-19 to your postsecondary height.
While doing so, this new CAA provides $54.3 million into the further recovery having K-a dozen education from Elementary and you will Secondary school Emergency Recovery Financing (ESSER) and you may $cuatro.step one billion into Governor's Disaster Studies Save Funds (GEERF), including available as a consequence of , to stop, prepare for, and address the fresh COVID-19 online installment loan Louisiana to the county and you will college region levels. Read more