May 11, 2021

Congressman Neguse Announces Over $50 Million in Funding for Colorado State University through the American Rescue Plan

Biden-Harris Administration releases American Rescue Plan funding for local institutions; At least half of the funding will be distributed to students as emergency financial aid

   

Washington D.C. – Today, Congressman Joe Neguse announced more than $100 million in emergency funding for colleges, universities, and students in Colorado’s 2nd Congressional District under the American Rescue Plan. The funding will help local institutions cope with the severe financial fallout from the COVID-19 pandemic and continue serving their students safely. At least half of the funding each institution receives will be distributed in the form of emergency cash assistance grants to students who are facing hunger, homelessness, and other hardship.

 

 Colorado State University will receive $50,135,371 under the American Rescue Plan, with a minimum 25,218,226 set aside for financial aid to students.  

 

“Colorado’s front range is home to world-class universities and labs, which are critical to the success of our students and to the strength of our communities,” said Congressman Neguse. “We are grateful that the American Rescue Plan makes a historic investment that will secure the future of our local colleges and universities and provide struggling students with urgent relief that will allow them to stay on track and complete their education. I am proud that we were able to deliver this critical support for institutions of higher education and I applaud the Biden-Harris Administration for its relentless focus on defeating the pandemic and building back a better economy.”  

 

The American Rescue Plan provides $36 billion for nearly 3,500 public and private, nonprofit colleges and universities nationwide.

 

Students should contact their institutions for more information about how they can apply for an emergency grant. 

 

To read more about emergency education funding under the American Rescue Plan, click here.

###