Formula Grant P425E205907

Award Date 4/19/21
Completion Date 8/25/22
Dollars Obligated $9M
Federal Grant Program
84.425
Assistance Type
Formula Grant
Place of Performance
Cambridge, MA 02139, USA

The Massachusetts Institute of Technology (MIT) received a $8,955,163 Formula Grant award from the U.S. Department of Education under the Education Stabilization Fund program (CFDA 84.425). The grant funding will support MIT's delivery of student aid and services under the Higher Education Emergency Relief Funds II program from April 2021 through August 2022. This federal program provides funding to institutions of higher education to prevent, prepare for, and respond to the coronavirus pandemic through support for students and institutions. The grant funds will aid MIT's efforts to provide financial support directly to students and ensure continued operations and quality of educational services during the ongoing national emergency.

Generated 1/7/24, 6:42 AM