News & Resources

The CARES Act: Key Provisions Affecting Colleges and Universities

By Meaghan E. Borys, Eleanor A. Evans, Brad Bedingfield and Arthur B. Page

4/1/2020

https://hembar.com/uploads/1280/image/college_campus_-_small.jpgThe Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27, 2020.

We have put together an overview of the Act's key provisions specifically affecting nonprofit and public colleges and universities, including information on higher education emergency relief funds and flexibility in federal financial aid and grants.


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For information on the regulations announced on April 3, 2020 by The Small Business Administration, please read our alert, "SBA Issues Interim Final Rules on Paycheck Protection Program"

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