How much will NC receive from the Education Stabilization Fund in the CARES Act?

The Education Stabilization Fund is composed of (1) a Governor’s Emergency Education Relief Fund, (2) an Elementary and Secondary School Emergency Relief Fund, and (3) a Higher Education Emergency Relief Fund.  The overall appropriation for education is $30.750 billion.

According to the Congressional Research Service, North Carolina will receive an estimated:

K-12 schools: $396.3 million

Higher education: $365.2 million

Governors’ emergency education relief grants: $95 million

Total: $856.5 million

Terry Stoops / Vice President for Research and Director of Education Studies

Terry Stoops is the Vice President for Research and Director of Education Studies at the John Locke Foundation. Before joining the Locke Foundation, he worked as the progra...

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