Washington Hotline

Abstract
COVID-19 relief for academic librariesWhile budget cuts for college and research libraries are taking place at many institutions, ALA continues to advocate for libraries to be included in federal relief packages. The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L.116-136), passed in April, would benefit college and research libraries. The majority of the CARES Act Education Stabilization Fund is reserved for institutions of higher education (IHE) centers around student aid and encourages maximum flexibility. For example, the Department of Education (ED) is suspending payments on federal student loans until September 30, 2020, and no interest would accrue during this period of suspension. However, as much as 49% of the Education Stabilization Fund may be expended (to cover any costs associated with significant changes to the delivery of instruction due to the coronavirus), with only a few constraints.