Texas colleges and universities receive $ 2 billion in federal stimulus money. Half should go directly to students with difficulties.

Texas colleges and universities receive $ 2 billion in federal stimulus money.  Half should go directly to students with difficulties.

The Department of Education is directing schools to prioritize giving money to struggling students. They can also use the money to retain and reengage students who have dropped out of college, by providing mental health support and help with classes, or to cancel student debt at their institution that was accrued during the pandemic. Schools can also use the funding to cover costs related to COVID-19, reimbursement for lost revenue and technology upgrades. “Something that the students have really appreciated is the ability to have access to recordings of lectures, even in traditional setting of a class, so they can go back and reference it,” he said. “So investing in those type of resources that will help students and their learning environment.” Colleges and universities must also use part of the award to help prevent the spread of COVID-19, either to fund testing centers or to spread vaccine awareness and set up vaccination sites. Schools can also use the money to provide paid time off to staff to allow them to get vaccinated.

This is the third round of funding released to two- and four-year schools by the federal government during the pandemic. Texas received around $1 billion in the first round of funding under the CARES Act, which was primarily used to combat abrupt losses from meal and housing reimbursements and canceled events as the pandemic began. The $36 billion released across the country Tuesday as a part of the American Rescue Plan Act was allocated to schools based on a formula that included the number of low-income students enrolled. Four-year public universities in Texas will receive the largest share of funding, with the University of Houston, Texas A&M University and the University of Texas Rio Grande Valley getting more than $100 million each. Public community colleges in Texas will get an additional $430 million, including nearly $38 million for the Texas State Technical College campuses.

A university spokesperson for the University of Houston said this new funding will continue to offset revenue losses and recoup costs of measures related to COVID-19. Joseph Pettibon, Texas A&M University vice president for enrollment and academic service, said the flagship university plans to use the money to invest in more technology in the classroom and enhance broadband service on campus as more students rely on personal devices to do their work. “We applaud the Department of Education’s decision to include undocumented students in federal higher education funding,” said Jonathan Feinstein, Texas state director for The Education Trust. “We hope that Texas colleges and universities will take full advantage of the policy to get this critical support to all students and maintain our long-standing commitment to the academic success and economic opportunity of undocumented students.”

“It’s really designed to be used as one-time money, not pay for ongoing personnel and operations,” he said. Currently, House and Senate versions of the budget maintain the 5% cuts to four-year universities enacted last year due to the pandemic, while the House version includes some additional funding for state financial aid that would help maintain current funding levels for state grants. Pettibon said these federal dollars are meant to help address the effects of the pandemic and cannot be used for areas like personnel and salaries, which are often among the largest parts of a university budget.

“The Coordinating Board continues to underscore to our state legislators the important role Texas colleges and universities play,” Texas Higher Education Commissioner Harrison Keller said in a statement. “They are the tip of the spear for both near-term recovery and long-term economic competitiveness.” The influx of funding comes as the Texas Legislature is debating how much money to put toward higher education in the state budget for the next two years. Texas higher education leaders said the one-time influx of funding will help students continue to enroll and complete college despite the challenges of the pandemic, but more investment is welcome.

The News Highlights

  • Texas colleges and universities receive $ 2 billion in federal stimulus money. Half should go directly to students with difficulties.
  • Check the latest News news updates and information about business, finance and more.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
Investor financing activity growing consistently

Investor financing activity growing consistently

“The decline in first-home buyer activity also reflects a tapering in government assistance. The HomeBuilder scheme, which was popular for its compatibility ...
The New Channel of First Resort

Echo Dot smart speaker on sale ahead of Prime Day 2021

First up, there’s the third-generation Echo Dot, which is available for 13% off its list price of $39.99 at $34.99. The newer fourth-generation model is also ...
Encina Appoints Florian Jardin as Director of  News Development and Product Manager, Europe

Encina Appoints Florian Jardin as Director of News Development and Product Manager, Europe

Source www.businesswire.com Encina Development Group implements solutions to produce circular chemicals from waste plastics. Encina’s basic circular chemical ...
The 8 Best Data Analytics Laptops for Data Science to Consider in 2021

In an EA hack, hackers stole 780GB of data, including the FIFA 21 source code

“We are investigating a recent incident of intrusion into our network where a limited amount of game source code and related tools were stolen… No player ...
This $2,700 robot dog will carry a single bottle of water for you

Energy Experts Explain Why Texas Is Facing Energy Shortages Again

Still, ERCOT said it was “unlikely” it would need to implement blackouts this time around. “I don’t have any potential reasons that I can share at this ...
Former Finance Minister testifies as libel suit enters final phase

Former Finance Minister testifies as libel suit enters final phase

“Did you base your libel on the fact that Simon Busuttil did not say in his tweet that the court decision was subject to appeal,” asked the respondent’s ...
Polydex Pharmaceuticals Issues First Quarter Financial

Polydex Pharmaceuticals Issues First Quarter Financial

Polydex Pharmaceuticals Limited, based in Toronto, Ontario, Canada, is engaged in the manufacturing of bulk pharmaceutical intermediates for the worldwide ...
There have been changes in mental health in the last year, in fact it is being called the “Shadow Pandemic”

There have been changes in mental health in the last year, in fact it is being called the “Shadow Pandemic”

You can get in touch with LifeLine by calling 801-936-4000 or visiting lifelineutah.com. So here are some things parents should be looking for: Loss of ...
California Fully Reopens After First Closed in Pandemic |  national news

California Fully Reopens After First Closed in Pandemic | national news

Source roanoke.com “We’re excited — and a little confused,” said Tom La Torre, owner of Sabella & La Torre Restaurant at Fisherman’s Wharf in San ...
Trouble Trading for Beginners, Cubs Make Money, Value of Depth Players, More

Trouble Trading for Beginners, Cubs Make Money, Value of Depth Players, More

We’ve already discussed Kyle Gibson – in terms of someone who can eat innings this and next season (and be acquired at a relatively low cost), I think he’s ...
Show next
Compsmag - Latest News from tech, business and health
Logo