$350 Billion for State and Local Governments Comes at Crucial Time for Higher Education Budgets

The National Association of Student Financial Aid Administrators (NASFAA) examines the $350 billion in stimulus funds to state, local, and tribal governments that were included in the $1.9 trillion American Rescue Plan, which was signed into law last week. Such funding is a critical component of the package and could help support higher education.

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