Page
107
Purchase of library books, periodicals, technical and other scientific journals, microfilm, microfiche, and other educational materials, including telecommunications program materials;
Scholarships, fellowships, and other financial assistance for needy graduate students to permit the enrollment of students in, and completion of a master's degree in mathematics, engineering, physical or natural sciences, computer science, information technology, nursing, allied health, or other scientific disciplines in which African Americans are underrepresented;
Establishing or improving a development office to strengthen and increase contributions from alumni and the private sector;
Assisting in the establishment or maintenance of an institutional endowment to facilitate financial independence pursuant to Section 331;
Funds and administrative management, and the acquisition of equipment, including software, for use in strengthening funds management and management information systems;
Acquisition of real property that is adjacent to the campus in connection with the construction, renovation, or improvement of, or an addition to, campus facilities;
Education or financial information designed to improve the financial literacy and economic literacy of students or the students' families, especially with regards to student indebtedness and student assistance programs under Title IV;
Tutoring, counseling, and student service programs designed to improve academic success;
Faculty professional development, faculty exchanges, and faculty participation in professional conferences and meetings; and
Other activities proposed in the application that are approved by the Secretary as part of the review and acceptance of such application.
Coronavirus Relief Fund (CRF)
Application for funding includes the following guidance:
Eligible Expenditures: US Treasury Site: https://home.treasury.gov/policy-issues/cares/state-and-local-governments
The CARES Act provides that payments from the Fund may only be used to cover costs that:
are necessary expenditures incurred due to the COVID-19 public health emergency;
were not accounted for in the budget most recently approved as of March 27, 2020 for the State or government; AND
were incurred during the period that begins on March 1, 2020, and ends on December 30, 2020.
The following guidance sets forth Treasury's interpretation of these limitations on the permissible use of CRF payments.
Necessary expenditures incurred due to the public health emergency
The requirement that expenditures be incurred “due to” the public health emergency means that expenditures must be used for actions taken to respond to the public health emergency. These may