The Secretary of Education's letter outlines how funds from the CARES Act will provide emergency financial relief for postsecondary students impacted by coronavirus. At least half of the $12.56 billion allocated based on student enrollment must go to grants for expenses like food, housing, technology, and healthcare. While schools have discretion in awarding these funds, the Secretary encourages prioritizing students with greatest need and setting a maximum award of $6,195 per student to distribute the funds as widely as possible. Schools must sign an agreement to access the funds, which will be distributed through the Department's G5 system.