Here’s What Oregon Public Universities, Colleges Will Get in Stimulus Money
Last month, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security Act in order to help offset the impending recession. Now, Oregon colleges will also receive a cut of the money.
The federal stimulus package will provide $12.5 billion in grants directly to higher education institutions nationwide. Out of Oregon’s seven public universities, Portland State University and the University of Oregon will receive the most, totaling over $16 million each.
Of Oregon’s 17 public community colleges, Portland Community College will receive the most with over $12 million. Lane Community College will get the fifth highest amount of $3 million.
Half of each institution’s total grant amount is reserved for emergency student aid. As of now, it is unknown as to when schools will receive their federal stimulus money.