As Election Day approaches, colleges and universities are engaging students with virtual watch parties and dinners, voter registration competitions and free stamps.

How students handle the disappointment in having to continue courses online rather than in person speaks volumes about how well they will handle other crises that will surely enter their lives.

The 'Gen 10' recipients of the prizes - $1 million total over the next 10 years - will come from underserved backgrounds, with each university granting its own award.

Here's what qualifies a higher ed institution for disaster relief funds and what steps can be taken to prepare for receiving them.