By Wissam Melhem | Arizona Mirror
The largest single payout of COVID-19 aid money to a higher education institution will go to Arizona State University, which will receive a $63.5 million grant as part of the behemoth $2 trillion CARES Act.
And among for-profit institutions, Grand Canyon University will receive the largest grant in the nation at $22.4 million.
In all, Arizona colleges and universities will receive almost $200 million from the fund. The money comes out of a $14 billion emergency aid appropriation to higher education.
The package is divided with public colleges and universities receiving $8.9 billion, private nonprofit institutions receiving $2.5 billion and for-profits receiving $1.1 billion.
U.S Secretary of Education Betsy DeVos said in a letter to the presidents of universities and colleges that they are required to allocate at least 50% of the money for emergency grants for students to help them cover expenses such as living costs, technology needs and child care.
