College students still don’t have access to emergency funds, and some don’t even know that money is supposed to be available to them.
“People keep saying, ‘Here is all this money,’ ” she said. “But it’s not being given out.”And now she feels the same way about this latest round of federal money. It would help, she said, but she is not sure if she will be eligible for it.
Through the CARES Act, colleges will receive about $14 billion, roughly $6.3 of which must go to students who are impacted financially by the coronavirus. The amount a college receives is largely based on the number of full-time students who are eligible for Pell Grants, federal scholarships for low-income students. Institutions themselves are supposed to determine, according to the Education Department.
But the biggest problem? Of the institutions Draeger has spoken to, all have yet to receive it. And they can’t distribute money they do not have. Arizona State University is supposed to receive roughly $32 million for its students — one of the largest amounts of any university in the country. Officials said priority would be given to students with"unforeseen financial changes due to issues such as job loss, income reduction or illness."
Clemson University in South Carolina said it hadn’t made any decisions yet, but a working group would give recommendations to its board of trustees.
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