Cares act: higher education emergency relief funds under section 18004(a)(3)

The Board of Cooperative Education received a $394,766 formula grant award from the U.S. Department of Education's Office of Postsecondary Education under the Education Stabilization Fund program (CFDA 84.425). The grant period runs from March 1, 2021 through February 28, 2022. The funding will support efforts by the Board to prevent, prepare for, and respond to the coronavirus pandemic at the postsecondary education level in Watertown, New York. Specifically, the $394,766 in grant funds will be used to provide direct emergency financial aid grants to students at the Board's member institutions for expenses related to the disruption of campus operations due to COVID-19, such as course materials and technology as well as food, housing, health care, and childcare. The award was made under the Higher Education Emergency Relief Fund established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act to address the impact of COVID-19 on students and institutions of higher education.