July 2020
Federal COVID-19 Funds by Higher Education Segment
(In Millions)
Funds | California Community Colleges | California State University | University of California | Other public institutions | Private nonprofit institutions | Private for-profit institutions |
Total |
Higher Education Emergency Relief Funda | |||||||
Formula-Based Grants: Student Aid | $289.8 | $262.7 | $130.0 | $2.2 | $83.8 | $85.0 | $853.6 |
Formula-Based Grants: Institutional Relief | 289.8 | 262.7 | 130.0 | 2.2 | 83.8 | 85.0 | 853.6 |
Minority-Serving Institutions | 33.4 | 38.3 | 7.4 | — | 4.5 | — | 83.6 |
Institutions With Unmet Needb | 0.4 | — | — | 5.3 | 27.0 | — | 32.8 |
Subtotals | ($613.5) | ($563.7) | ($267.5) | ($9.7) | ($199.2) | ($170.0) | ($1,823.6) |
Coronavirus Relief Fundc | $54.0 | — | — | — | — | — | $54.0 |
Totals | $667.4 | $563.7 | $267.5 | $9.7 | $199.2 | $170.0 | $1,877.5 |
aFunds were allocated by the U.S. Department of Education directly to institutions in spring 2020 to help them respond to the effects of COVID-19. Institutions have one year to spend the funds. Excludes CARES Act funding that higher education institutions might have received for other purposes, such as research and development. | |||||||
bExcludes funds ($28 million nationally) that will be awarded through a competitive process. As of October 2020, recipients have not yet been announced. | |||||||
cFunds were allocated as part of the state's 2020-21 budget package. Colleges have until December 30, 2020 to spend these funds. | |||||||
COVID-19 = coronavirus disease 2019. CARES = Coronavirus Aid, Relief, and Economic Security Act. |