News & Analysis as of

CARES Act Title IV

Venable LLP

An Independent School's Guide to Evaluating Federal Financial Assistance

Venable LLP on

Generally, independent schools intentionally refrain from participating in the majority of federal funding programs, preserving their ability to ensure the educational program is provided in a manner that is reflective of...more

Lathrop GPM

DOE Issues Additional Guidance and Interim Final Rule Regarding CARES Act Grants

Lathrop GPM on

On June 17, 2020, the U.S. Department of Education issued an interim final rule (IFR) aligning student eligibility for CARES Act funds with eligibility requirements for Title IV student aid. Effective immediately, higher...more

Sheppard Mullin Richter & Hampton LLP

CARES Act Loans Available for National Security Businesses

The US Treasury Department is accepting CARES Act Title IV loan applications from national security businesses to provide liquidity to offset covered losses, which include losses incurred directly or indirectly as a result of...more

Sheppard Mullin Richter & Hampton LLP

Main Street Lending Program Summary

On April 9, 2020, the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy. This blog focuses on the Main Street Lending Program, which is a $600 billion loan program, that...more

Akin Gump Strauss Hauer & Feld LLP

CARES Act Summary – Title IV—Economic Stabilization and Assistance to Severely Distressed Sectors of the U.S. Economy

The law provides $500 billion to Treasury’s Exchange Stabilization Fund to provide liquidity to eligible businesses, states and municipalities related to losses incurred as a result of coronavirus by providing loans, loan...more

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