CARES Act to provide $68.8M to N.J. colleges

A total of $68.8 million worth of federal Coronavirus Aid, Relief and Economic Security Act funds has been made available to New Jersey-based public colleges to help them continue to provide educational services during the COVID-19 pandemic.

Funding from the U.S. Department of Education through the Governor’s Emergency Education Relief Fund will give state governors flexibility on how to best meet the needs of their education population.

In New Jersey, Gov. Phil Murphy has allocated the funds to postsecondary institutions.

“The COVID-19 pandemic upended life on campuses throughout New Jersey. Institutions of higher education will be feeling its financial ripple effects not just for months and but for years to come,” Dr. Zakiya Smith Ellis, Secretary of Higher Education, said. “While we urge the federal government for additional funding that could benefit every student in our state, we are pleased this pool of funding will be dedicated to supporting institutions of higher education and students hardest hit.”

The GEER fund is in addition to the $289 million that went toward New Jersey-based public and private nonprofit institutions or higher education, and the $11.9 million that was distributed to minority-serving institutions. Also, the CARES Act Elementary and Secondary School Emergency Relief Fund has provided a total of more than $310 million to the state’s elementary and secondary schools.

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