FSU, USM Schools To Receive Funds Through CARES Act
The federal Department of Education announced today the amount that each college and university will receive in stimulus funds as a result of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. TBL previously reported on what the CARES Act could mean for Frostburg and its students.
The full and complete funding allocation announcement can be found online here.
Each college and university in the country will be receiving assistance from the federal government, as promised by Congress. A portion of the funds are reserved for Emergency Financial Aid Grants for students. Below is a break down of allocation for all of the University System of Maryland schools.
| School | Total Allocation | Minimum Allocation to be Awarded for
Emergency Financial Aid Grants to Students |
| Frostburg State University | $3,925,040 | $1,962,520 |
| Bowie State University | $6,596,246 | $3,298,123 |
| Coppin State University | $2,727,906 | $1,363,953 |
| Salisbury University | $5,959,457 | $2,979,729 |
| Towson University | $17,335,851 | $8,667,926 |
| University of Baltimore | $2,325,946 | $1,162,973 |
| University of Maryland, Baltimore | $2,077,903 | $1,038,952 |
| University of Maryland, Baltimore County | $9,315,657 | $4,657,829 |
| University of Maryland, College Park | $21,490,713 | $10,745,357 |
| University of Maryland Eastern Shore | $3,542,365 | $1,771,183 |
| University of Maryland
Global Campus |
$5,210,563 | $2,605,282 |
| TOTAL | $80,507,647 | $40,253,827 |
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