Education Department Provides $1.4 Billion in Funding to Schools for Minorty and Low-Income Students
The U.S. Department of Education is providing “nearly $1.4 billion” in funding to institutions serving minority and low-income students. Historically Black Colleges and Universities (HBCUs) will collectively receive $577 million.
Funding is intended to be used “to cover the cost of technology associated with a transition to distance education”, during the COVID-19 pandemic. Such distance education costs might include “costs of attendance for eligible students, and faculty and staff trainings.”
Additionally, funds may be used to cover lost revenue, reimbursements for prior expenses, and payroll.