The Lone Star College System board of trustees discussed potential federal financial aid it will receive in 2021 and how the funds might be used during a Feb. 4 meeting.
During the meeting, LSCS Chancellor Stephen Head said at the moment, the college is estimated to receive around $63 million in stimulus funding for 2021 with the new Coronavirus Response and Relief, Supplemental Appropriations Act currently being discussed at the federal level, though the number is not finalized.
Head said the college system will be required to use at least $14 million of the aid money for student aid, though he would like to see more distributed to students.
"We want to give two or three times that much," Head said. "We are trying to get some clarity on what we can use the institutional money for ... but we are thinking we are going to give $35 [million]-$40 million in financial aid. We can handle the other parts with the cuts we have made. ... If we had not received this money, we would still be OK."
