A stimulus payment of $10,000 will be made available to children who are presently enrolled in college.
Higher Education Emergency Relief Fund
In a recently published article in The U.S. Sun, payouts from the $40 billion Emergency Relief Fund for Higher Education will go to students and institutions around the country. Many institutions have received a share of this money and have begun issuing stimulus payments to students as a consequence.
Meharry Medical College, a historically black medical institution, has awarded grants totaling $10,000 to 956 of its students. Direct deposit recipients should have gotten their paychecks by the end of the week. Students who did not choose for direct deposit may pick up their checks at the Campus Cashier’s office on the 5th floor of the LRC, according to President James Hildreth.
Meanwhile, at Bushnell University, 206 students were awarded $642,674. Be able to “show extraordinary need” by filling out the FAFSA or filling out the online application to qualify for financial aid. Some students earned up to $6,500 in awards on average, while others received $3,120.
Other Schools Across the United States that are Sending Stimulus Checks
However, there may be more to come in the form of subsidies for select students in the near future. Grants of $1,750 or $3,000 will be awarded in December by Duke University. On the basis of “enrollment status and documented need,” the student will get a different amount of financial aid. For the third time, Duke has participated in a round of fundraising.
Additionally, CUNY students who meet the necessary criteria will be awarded grants in December. By mid-to-late November, the city’s university system indicated that students will learn whether they had been awarded a grant. A “minimum base grant amount” will be awarded to students who meet the eligibility requirements.
Meanwhile, the American Rescue Act provided more than $15.5 million to the University of Rhode Island. It was announced that a “block grant” would be disrupted by the institution in late November. An individual’s “anticipated family contribution” and the number of college credits he or she has already earned are taken into account when determining the amount of the grant.