Morehouse School of Medicine students each receive $ 6,300 through COVID-19 relief bill
The legislation initially provided $ 14 billion for U.S. colleges and students, through the Higher Education Emergency Assistance Fund, or HEERF. Federal officials added $ 21.2 billion to HEERF in January. An additional $ 39.6 billion was added in March as part of the US bailout. The Morehouse School of Medicine received $ 56.4 million as part of this plan.
The Morehouse School of Medicine, a private institution located near the Mercedes Benz Stadium in downtown Atlanta, is one of the few medical schools established nationwide to serve black students. About 90% of its students receive some form of need-based financial aid, which Rice says “identifies the exceptional needs of our student body.”
Another historically black medical school, Meharry Medical College, located in Nashville, last month used CARES law funds to donate $ 10,000 to each of its 956 students.
Colleges and local governments sometimes found themselves scrambling to find ways to spend CARES Act funds. The Atlanta Journal-Constitution reported last year how some Atlanta-area county governments rushed to use the funds by December 31, after which the federal government demanded that the unused dollars be returned to the treasury. . DeKalb County officials, for example, had only allocated about $ 5 million of the $ 15 million they planned to provide to small businesses.
Last summer, several colleges and universities in Georgia used federal coronavirus relief funds to clear student account balances from the previous school year, citing the financial hardships many students were facing.
Jay Greene, an education policy expert at the Heritage Foundation, said by email: “The fact that Morehouse (School of Medicine) is simply shifting its CARES funding to its students suggests that the federal government did not need to provide it and other universities with such large grants.
He later added: “I think (the school) made better use of taxpayer money by giving it directly to intended beneficiaries than the less productive uses chosen by other institutions, although it would have. It was more appropriate that the taxpayers did not provide these funds at all.