About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 1 (July 08, 2020)

handle is hein.crs/govdari0001 and id is 1 raw text is: Ck CARES Act Higher Education Provisions President Donald J. Trump declared a U.S. national emergency on March 13,2020, in response to theCOVID- 19 pandemic. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act; P.L. 116-136) was enactedon March 27,2020, to address income, health, andeconomic security in responseto the national emergency. This In Focus provides brief descriptions ofseveralhigher education provisions included in the law. To provide postsecondary education student relief, several provisions in the CARES Act temporarily modify the requirements of existing student aid programs, such as those authorized under Title IV of the Higher Education Act (HEA). ku ,anpsBa\o,. Fg a,-a, -,,-,, The Federal Supplemental Educational and Opportunity Grant (FSEOG) programand the Federal Work-Study (FWS) programare two campus -based financial aid programs authorized under the HEA. Under the programs, federal funds are awarded to institutions ofhigher education (IHEs) that administer theprograms. Use ofFSEOGfor Emergency Aid Under the FSEOG program, IHEs provide grants to undergraduate students who demons trate exceptional financial need. The CARES Act authorizes expansionofthe FSEOGprogramto allow IHEs to provide emergency grants to undergraduate and graduate students for unexpected expenses and unmet financialneed as aresult of aqualifyingemergency. FWSDuring a QualifyingEmergency. Under the FWS program, IHEs provide part-time employment opportunities for eligible undergraduate, graduate, and professional students. The CARES Act permits IHEs to continue paying students who participated in the FWS programbut were unable to fuIfill their work-s tudy oblig ation due to a qualifying emergency. IHEs are permitted to make payments as a one-tine grant or as multiple payments. Waivers of Campus-BasedAidMatching Requirements. Under FSEOG and FW S, IHEs provide institutional funds to match federal funds received. The CARES Act requires that the Secretary of Education waive the matching requirement under the FSEOG and FW S programs for funds made available for award years 2019-2020 and 2020- 2021, except that private for-profit organizations that employ FWS students continue to berequired to provide a match in funds. IHEs are also permitted to transfer up to 100% of their FW S allocation to the FSEOG program during a period of a qualifying emergency. Updated July 8,2020 ccrwd Skude~nt Losan Loans to support students' postsecondary educational pursuits are currently available under the William D. Ford Federal Direct Loan (Direct Loan) program Loans were previously available through the Federal Family Education Loan (FEEL) programand the Federal Perkins Loan program, and s ome ofthose lo ans remain outstanding. AdjustmentofSubsidized Loan Usage Limits. New borrowers on or afterJuly 1,2013, may only borrow Direct Subsidized Loans for aperiod notto exceed 150% of the published lengthofthe academic programin which they are enrolled. If a borrower remains enrolled beyond this limit, heorshewill lose the interest subsidy on such loans. The CARES Act permits any semester (or equivalent) that the student does not complete due to a qualifying emergency to be excluded from the 150% limits. Temporary Relieffor Student Loan Borrowers. For all Direct Loan programloans andfor FEEL programloans held by the Department of Education (ED), the CARES Act (1) suspends allpayments due andcounts such suspended payments towards specified loan forgiveness programs (e.g., Public Service Loan Forgiveness) and loan rehabilitation, (2) halts interest accrual, and (3) suspends involuntary collections on defaultedloans, through September 30,2020. Institutional Refunds and Student Loan Flexibility. Ifa student withdraws froman IHE before the endofaperiod of enrollment for which HEA Title IV federal student aid funds were disbursed, the IHEand/or the student may be required to return grants and student loans received for that period to ED. The CARES Act requires the Secretary of Education to waive the requirement that IBIs and students do so in the case of students who withdraw fromthe THE as a result of a qualifying emergency. Modifications to Teacher Loan Forgiveness Requirements. The HEA authorizes loan forgiveness of up to $17,500 for borrowers who teach for five consecutive complete years in eligible low-income schools. The CARES Act permits the Secretary to waive requirements that qualifying teaching servicebe completed in consecutive years undertwo conditions: (1) if a recipient's teaching s ervice is temporarily interrupted due to a qualifying emergency, and (2) following such interruption, if the borrower resumes teaching and completes five years of teaching service, including teaching performed before, during, and after the qualifying emergency. ContinuingEducaion at Affected Foreign Institutions. Educationalprograms offered via distance education (e.g., online education)by foreign H-lEs, and those offered in A A '2

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most