Today, Secretary DeVos allotted $6 billion in emergency financial aid to institutions directed to be utilized by students for technology, course materials, food, shelter and health care. In order to receive this aid, institutions must sign an attestation this funding will be used for students in accordance with the law. Department officials do not plan to specifically direct how institutions allocate the funding among their students but it was designed to target students based on need.
DeVos indicated that she will provide information to institutions regarding the $6 billion in CARES Act funding targeting the institutions themselves in the next two weeks.
A copy of the letter to college and university presidents can be found here The allotments to individual institutions are found here