• About Us
    • Join CAPPS Email List
    • What is Private Postsecondary Education
    • About ICEPAC
  • News
    • Legislation / Advocacy
  • Events
    • Allied Member Vendor Showcase ~ Presenter Contact Information
    • CAPPS Legislative Policy Conference April 22-23, 2021
    • 2021 CAPPS Sponsorship Opportunities
    • 37th Annual Conference
    • Educational Advisors ~ Event Calendar
  • Resources
    • Classifieds
    • Professional Online Training Center
    • State and Federal Resources
    • Accreditors
    • Boards
    • Associations
  • CAPPS Member Portal & Archives
    • CAPPS Membership Directory
    • Conference Archives
    • Member Only Webinar
    • Webinar Archives
    • Workshop Archives
    • CAPPS Member Portal
      • CAPPS Legislative Watch
      • BPPE Sunset Report
    • Featured Members
    • Select Allied or School Benefits – Why be a CAPPS Member?
      • School Membership Application & Renewal Form
      • Allied Membership Application & Renewal Form
  • Awards
    • CAPPS Memorial Scholarships
    • Excellence in Community Service Awards
    • CAPPS Hall of Fame STAR Awards
    • Norma Ford Financial Aid Professional of the Year
    • School of the Year
    • Allied Member of the Year
California Association of Private Postsecondary Schools                        
916-447-5500
Email
        Login
CAPPS
  • About Us
    • Join CAPPS Email List
    • What is Private Postsecondary Education
    • About ICEPAC
  • News
    • Legislation / Advocacy
  • Events
    • Allied Member Vendor Showcase ~ Presenter Contact Information
    • CAPPS Legislative Policy Conference April 22-23, 2021
    • 2021 CAPPS Sponsorship Opportunities
    • 37th Annual Conference
    • Educational Advisors ~ Event Calendar
  • Resources
    • Classifieds
    • Professional Online Training Center
    • State and Federal Resources
    • Accreditors
    • Boards
    • Associations
  • CAPPS Member Portal & Archives
    • CAPPS Membership Directory
    • Conference Archives
    • Member Only Webinar
    • Webinar Archives
    • Workshop Archives
    • CAPPS Member Portal
      • CAPPS Legislative Watch
      • BPPE Sunset Report
    • Featured Members
    • Select Allied or School Benefits – Why be a CAPPS Member?
      • School Membership Application & Renewal Form
      • Allied Membership Application & Renewal Form
  • Awards
    • CAPPS Memorial Scholarships
    • Excellence in Community Service Awards
    • CAPPS Hall of Fame STAR Awards
    • Norma Ford Financial Aid Professional of the Year
    • School of the Year
    • Allied Member of the Year

News

  • Home
  • News
  • A Lifeline for Higher Ed Associations

A Lifeline for Higher Ed Associations

  • Posted by Capps Events
  • Date

Inside Higher Ed

Lindsay McKenzie
July 10, 2020
Dozens of struggling higher education associations have been awarded tens of millions of dollars in forgivable loans as part of a $660 billion government relief package designed to prevent layoffs at small businesses due to the COVID-19 pandemic.
Between $20.35 million and $45.85 million in forgivable loans were approved to retain more than 1,200 jobs at 38 national higher education associations, according to an analysis by Inside Higher Ed that examined a selection of major associations receiving loans valued at more than $150,000.
The American Council on Education, a leading higher education membership group and influence on education policy, secured a PPP loan of between $2 million and $5 million — one of the largest amounts so far awarded to a national higher education association, according to data published by the Small Business Administration Monday.
ACE was one of many organizations that suffered immediate financial losses due to the COVID-19 pandemic, said Jonathan Riskind, assistant vice president of public affairs at ACE, in an email. The organization lost revenue when it was forced to cancel its annual meeting in San Diego in mid-March, as well as other face-to-face events, said Riskind.

CONTINUE READING

  • Share:
author avatar
Capps Events

Previous post

Breaking News: New ASR Deadline for 2020

Next post

U of California Picks Michael Drake as Next President

You may also like

Forbes
For-Profit Higher Ed’s Renaissance: The Case Of Coursera
21 April, 2021
Inside Higher Ed
McCann to Office of the Under Secretary
20 April, 2021
POLITICO
How Biden’s infrastructure plan may fracture the nation’s colleges
20 April, 2021

Search

Memorial Scholarship Information
Donate to ICEPAC
Become an Allied Member
Become a School Member
CAPPS Events

ABOUT US

  • What is Private Postsecondary Education
  • CAPPS Memorial Scholarships
  • Upcoming Conferences

MAILING ADDRESS:
California Association of
Private Postsecondary Schools
2520 Venture Oaks, Suite 170
Sacramento, CA  95833
info@cappsonline.org
www.cappsonline.org    

CappsOnlineMorpho Web Design.

2020 All Rights Reserved CappsOnline.org