Emergency Financial Aid for Students: New College Grant Program
This act establishes an emergency grant program for college students facing unexpected financial hardships. It aims to help them continue their studies by covering education-related costs or other urgent expenses. These funds will not affect other benefits or tax obligations.
Key points
Students can receive non-repayable financial aid in emergency situations, such as issues with tuition, housing, or food costs.
Colleges will be responsible for processing applications and quickly disbursing funds, prioritizing students with the greatest financial need.
Grants received will not be counted as income for other federal benefits or tax purposes, ensuring they do not impact other forms of support.
Colleges will be required to inform students about the availability of these grants and other federal assistance programs they may be eligible for.
Expired
Additional Information
Print number: 117_S_3794
Sponsor: Sen. Smith, Tina [D-MN]
Process start date: 2022-03-10