One thing is for sure, the government took care of our Mosdos and schools.
While the PPP loans made sure that paychecks were not disturbed, another grant from the governments CARES Act gave hundreds of thousands of dollars to help defray the costs that suddenly surged during the COVID-19 pandemic.
Section 18004 of the CARES Act was a unique section that was established the “Higher Education Emergency Relief Fund (HEERF)” that provides eligible institutions of higher education with money for themselves, and direct disbursements to the students under their tutelage.
The Higher Education Emergency Relief Fund, which covers college and seminary years, has a unique requirement that mandates a minimum amount of money that must be disbursed to the student body, and could not be used for any other purpose.
Lets take a look at which Chabad institutions got the grant, and how much they received and must pass on.
- Rabbinical College Of America based in Morristown, NJ received $347,256 from the fund, and is required to give a minimum of $173,628 to the students.
- Yeshiva Ohr Elchonon Chabad – West Coast Talmudical Seminary based in Los Angeles, CA received $286,933 from the fund, and is required to give a minimum of $143,467 to the students.
- Talmudical Seminary Oholei Torah based in Crown Heights received $538,150 from the fund, and is required to give a minimum of $269,075 to the students.
- Associated Beth Rivkah Schools based in Crown Heights received $284,824 from the fund, and is required to give a minimum of $142,412 to the students.
- Central Yeshiva Tomchei Tmimim Lubavitz based in Crown Heights received $743,134 from the fund, and is required to give a minimum of $371,567 to the students.
CrownHeights.info has received confirmation from school administrators that the disbursements of the funds have already begun, with many students already receiving their payments. For those that qualify and have not yet received their allotment, keep an eye out for yours.