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Thursday, March 4, 2021

BRIEF: Stimulus in check

The CARES act has authorized the U.S. Department of Education to provide stimulus funding for universities and colleges, including Pierce College, to help navigate this unprecedented time.

According to section 18004 (a) (1) of the CARES act, total allocation that Pierce will be receiving is $7,694,796 with a required minimum of $3,847,398 of that money going towards Emergency Financial Aid Grants.

The federal stimulus package that had been ratified in March is supposed to send out around $14 billion in grants directly to “institutions of higher education.”

Institutions have the complete responsibility of determining how grants will be distributed to students, from how the amount of each student grant is calculated to the development of any instructions or directions that are provided to students about the grant.

Even if they wanted to, students cannot apply for assistance directly from the U.S. Department of Education. They should contact their institution or college for further information and guidance if assistance is needed.

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