Much of the CARES Act's more than $14 billion for higher education is being distributed according to the number of full-time low-income students a college serves, which is measured through federal Pell Grants. The $350-million unmet-need fund followed a different formula. Miller says for this particular pot, schools that did not receive $500,000 or more from other available CARES Act funds were given the difference between what they did receive and $500,000 limit.
"So the result is that the smaller you are and the less money you've already gotten, the more you get from this program," Miller says. But $350 million can only go so far. Education Secretary Betsy DeVos was given the discretion to choose which schools would benefit from the fund, and by how much.
Shari Sheppard on 21 Jul 11Though the economy may be on the road to recovery, public school funding is not. Across the nation, schools are being asked to make do with less money in an effort to control school district debt caused by funding cuts at both the state and national levels. School funding and its issues have been heard at the polls as voters must decide whether or not to approve tax increases or changes in distribution of tax revenues in order to help stem the tide of massive budget cuts. In Ohio this past spring nearly 44% of the tax issues on the ballots were for schools. School funding issues are a major concern for administrators and educators.
