Moolenaar Announces More Than $30 Million for Mid and Northern Michigan Colleges
Today, Congressman John Moolenaar announced new funding for Michigan colleges and universities that was made available by the Coronavirus Aid, Relief, and Economic Security (CARES) Act that he supported in Congress. It was signed into law by President Trump on March 27.
"This funding gives Michigan colleges additional resources to provide educational opportunities in a safe learning environment, and it will help students pursue their degrees while studying remotely," said Moolenaar.
Here are funding amounts for universities and colleges in the Fourth District:
Alma College: $1,429,939
Central Michigan University: $14,322,194
Ferris State University: $9,146,813
Mid Michigan College: $2,641,059
Saginaw Valley State University: $6,911,064
The Department of Education says:
The CARES Act provides nearly $14 billion to support postsecondary education students and institutions. Colleges and universities are required to utilize the $6.28 billion made available today to provide cash grants to students for expenses related to disruptions to their educations due to the COVID-19 outbreak, including things like course materials and technology as well as food, housing, health care, and childcare. In order to access the funds, the Department must receive a signed certification from the higher education institution affirming they will distribute the funds in accordance with applicable law. The college or university will then determine which students will receive the cash grants.
School allocations are set by formula prescribed in the CARES Act that is weighted significantly by the number of full-time students who are Pell-eligible but also takes into consideration the total population of the school and the number of students who were not enrolled full-time online before the coronavirus outbreak. The Department is utilizing the most recent data available from the Integrated Postsecondary Education Data System (IPEDS) and Federal Student Aid (FSA) for this calculation.
The complete Department of Education press release is available here.
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