Harvard University said it would not accept the federal funds allocated to it under the CARES Act Higher Education Emergency Relief Fund, one day after declining to do so following President Trump's call for the university to return the funds
Even though the university did not apply for, request, receive or access the nearly $9 million in funding allocated to it, Harvard said that the attention it was getting around the money was becoming counterproductive to the relief it was designed to provide.
"When Trump initially called on Harvard to not accept their funds, the university held firm, writing in a statement released Tuesday,"Harvard did not apply for, nor has it received any funds through the U.S. Small Business Administration's Paycheck Protection Program for small businesses. Reports saying otherwise are inaccurate. President Trump is right that it would not have been appropriate for our institution to receive funds that were designed for struggling small businesses.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HHS Announces Additional Allocations of CARES Act Provider Relief FundPresident Donald J. Trump signed the bipartisan CARES Act legislation to provide relief to American families, workers, and the heroic healthcare providers on the frontline of the COVID-19 outbreak. $100 billion is being distributed by the Administration to healthcare providers, including hospitals battling this disease.
Read more »
What the Second Round of CARES Act Funding Means for RestaurantsThe Paycheck Protection Program ran out of funds on April 16, and is now being replenished. FWPro
Read more »
HHS Announces Nearly $1 Billion in CARES Act Grants to Support Older Adults and People with Disabilities in the Community During the COVID-19 EmergencyToday, the Department of Health and Human Services (HHS) is announcing $955 million in grants from the Administration for Community Living (ACL) to help meet the needs of older adults and people with disabilities as communities implement measures to prevent the spread of COVID-19.
Read more »
Harvard says it will no longer accept federal emergency fundsThe US coronavirus outbreak has altered daily life in almost every way. Here's the latest updates on US Covid-19 cases, deaths, reopening efforts, the government response, unemployment and more.
Read more »