Summary of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) – Section 18003 – the Elementary and Secondary School Emergency Relief Fund
Summary of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) – Section 18003 – the Elementary and Secondary School Emergency Relief Fund
Rapid Response – March 2020 – PDF
The CARES Act (H.R. 748) was signed into law on Friday, March 27, 2020, providing economic relief to U.S. citizens and public systems affected by the recent COVID-19 (coronavirus) pandemic. The total funding level for the Act is greater than $30B, with a stated purpose to prevent, prepare and respond to the coronavirus, domestically or internationally. The funds will be available through September 30, 2021. While the Education Stabilization Fund as a whole includes four sections, the summary below reflects Section 18003, the Elementary and Secondary School Emergency Relief fund, with an estimated funding level of $13B.
