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.

As of the June 30, 2022, report, $2,681,854 of Emergency Financial Aid Grants have been distributed to students under Section 18004(a)(1). HEERF I: $515,528 HEERF II: $515,528 HEERF III: $1,650,798.

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 HEERF I: 434 HEERF II: 184 HEERF III: 276.

The estimated total number of students at Cardinal Stritch University who are eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act is 1,130.

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. Preference has been given to students with extreme need. The committee has determined this by Pell eligibility and/or EFC, and in some cases description of extreme situations. 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 during Spring of 2020, 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.

An application for Emergency Financial Aid Grants is available here.

Quarterly Budget and Expenditure Reporting - 2020 Quarter 3

Quarterly Budget and Expenditure Reporting - 2020 Quarter 4

Quarterly Budget and Expenditure Reporting - 2021 Quarter 1

Quarterly Budget and Expenditure Reporting - 2021 Quarter 2

Quarterly Budget and Expenditure Reporting - 2021 Quarter 3

Quarterly Budget and Expenditure Reporting - 2021 Quarter 4

July 6, 2022