Ed Dept to distribute $6B in coronavirus stimulus funding to colleges

The U.S. Department of Education intends to immediately distribute about $6 billion in coronavirus relief funding to colleges, Education Secretary Betsy DeVos said Thursday.  Institutions must use this money to provide emergency grants to students who have been disadvantaged by the virus. They will get roughly $6 billion more at an unknown date to use for their expenses related to the coronavirus.  The higher education sector is due to receive about $14 billion in federal aid, only a fraction of the $50 billion some groups had requested. Congress passed a $2.2 trillion stimulus package last month meant to slow the economic turmoil the coronavirus caused. Of the $14 billion or so the legislation set aside for higher ed, lawmakers dedicated nearly $6.3 billion to colleges to pass on to students most in need.