How Much Are Students Getting From The Cares Act. In total, the state’s institutions received $173.3 million from the cares act — $144.5 million for public institutions and $28.8 million for privately operated schools. What to know about the cares act deposits and calculate how much you will get.
The coronavirus aid, relief, and economic security act or, cares act, was passed by congress on march 27th, 2020. We estimate that the average rebate amount among all filers will be $1,729. According to scott linzey, scad’s vice president for student financial services, the cares act requires half of the money go directly to students.
Ucf will award more than $3.5 million to the more than 3,800 students who met eligibility criteria and completed the second application for the cares act.
We estimate that the average rebate amount among all filers will be $1,729. Secretary of education betsy devos announced the first $6.28 billion for emergency financial aid grants for students in a letter to college and university presidents on april 9. Tuition ranges from $6,115 to $7,158 depending on the program. The maximum emergency fseog grant allowed would be the maximum pell grant for the award year (currently $6,195).