"Harvard decided not to apply for their $9 million share of the $2.2 trillion CARES Act - the Coronavirus Aid, Relief, and Economic Security Act, after President Donald Trump brought the issue into the national limelight. Princeton followed suit.
The other Ivies are still deciding whether to accept up to $62.9 million in CARES money — despite their collective endowment of $140 billion. However, our auditors at OpenTheBooks.com discovered that these funds are just the tip of the iceberg.
We scoured the backend of the U.S. Department of Education website and found the full database: 5,137 colleges and universities that were awarded $12.5 billion in coronavirus relief. None of it has to be paid back." …