Friday, April 17, 2020

These 10 colleges are receiving the most federal bailout money

These 10 colleges are receiving the most federal bailout money
Image result for free money guy"Thousands of colleges across the country are being infused with billions of dollars in cash after they were forced to close their campuses and move classes online amid the coronavirus pandemic.
The Higher Education Emergency Relief Fund is part of the $2 trillion CARES Act that was passed by Congress and signed into law by President Donald Trump.
...adding that at least 50 percent of the money to each institution "must be reserved to provide students with emergency financial aid grants to help cover expenses related to the disruption of campus operations due to coronavirus."
Campus Reform identified the ten universities receiving the most money from the Higher Education Emergency Relief Fund, courtesy of the American taxpayer.
1. Arizona State University- $63.5 million
2. Pennsylvania State University- $54.9 million
3. Rutgers University- $54.1 million
4. University of Central Florida- $51 million
5. Miami Dade College- $49 million
6. Georgia State University- $45.2 million
7. California State University-Northridge- $44.6 million
8. The Ohio State University- $42.8 million
9. California State University- Long Beach- $41.7 million
10. California State University- Fullerton- $41 million
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