CARES Act: Higher Education Emergency Relief Fund information
On April 29, 2020, Cardinal Stritch University signed and returned to the Department of Education the Certification and Agreement and the assurance that the institution intends to use 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to Students.
Cardinal Stritch University has received $515,528 from the Department of Education pursuant to the University's Certification and Agreement [for] Emergency Financial Aid Grants to Students.
As of the 90-Day Report, $412,099 of Emergency Financial Aid Grants have been distributed to students under Section 18004(a)(1).
The estimated total number of students at Cardinal Stritch University who are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is 963.
The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 435.
Cardinal Stritch University used the following method to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act: An application was created and made available to students to fill out. A committee reviewed the applications and ensured the funds were allocated for expenses associated with the disruption to campus due to COVID-19. In addition, Stritch recognized that our Pell eligible students are extremely needy and were adversely impacted by the disruption to campus due to COVID 19. Stritch decided to give all Pell eligible students enrolled in the Spring of 2020 $1,000 in an Emergency Financial Aid Grant. We also recognized that students that were living on campus, but that were from out of state, were greatly impacted by having to leave the residence halls. All students in this category, but out of Pell range, also received $1,000 in an Emergency Financial Aid Grant.
Any instructions, directions, or guidance provided by Cardinal Stritch University to students concerning the Emergency Financial Aid Grants. An application for Emergency Financial Aid Grants is available here.
August 21, 2020