Stimulus Bill Money For Schools

The stimulus bill that passed in late march known as the coronavirus aid relief and economic security act or cares act earmarks 30 7 billion under an education stabilization fund for states to spend on education including 13 2 billion for the elementary and secondary school education relief fund and 14 billion for higher education emergency relief fund.

Stimulus bill money for schools. The 900 billion stimulus package congress passed in december which biden has described as a down payment provided 54 billion to k 12 schools that they can use on a variety of. Led by senator jack reed d ri the. School budgets have been severely crippled by the pandemic and left some of the most vulnerable students in dire academic and financial straits.

The bill also provides 4 billion to governors to spend on education and 1 billion for native american schools. The stimulus package released in full monday has 82 billion for schools including 22 7 billion earmarked for colleges and universities and 54 3 billion for elementary and secondary education. Another 3 billion went to the governors emergency education relief fund which governors can use for significantly impacted.

The bill provides 82 billion for education. The nearly 900 billion stimulus package hammered out by congress this weekend and attached to a regular spending bill includes a total of 82 billion for education. Congress passed a stimulus bill on monday agreeing to spend 900 billion on a coronavirus aid package including 23 billion for colleges and universities.