Vermont’s colleges, universities and other higher education institutions have received $24.4 million as of June 1, 2020 from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act. The Act established the Education Stabilization Fund, which includes direct payments to higher education institutions. These institutions are required to provide at least 50 percent of this funding to students for emergency financial aid grants.
Source: US Department of Education, https://www2.ed.gov/about/offices/list/ope/allocationstableinstitutionalportion.pdf
| Northern VT University | $2,026,558 |
| Castleton University | $1,842,930 |
| Community College of VT | $1,553,753 |
| Vermont Technical College | $1,019,244 |
