The federal stimulus package enacted last month will send about $14 billion in grants directly to institutions of higher education. The law was passed as college leaders continued to grapple with the financial consequences of moving instruction online as well as the broader economic fallout of the coronavirus pandemic.
On Thursday the U.S. Department of Education released new information about how a majority of that money, or $12.5 billion, would be distributed across the sector. (The remaining share of the stimulus money will be directed to minority-serving institutions and smaller colleges.)
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