Madonna University has signed and returned to the Department of Education the Certification and Agreement required for the CARES ACT. Madonna intends to use no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. Madonna has received $758,713.00 from the Department pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students. Madonna will be updating the information on this page 30 days within receipt of the funds, and at a minimum every 45 days thereafter.
As of May 24, 2020, $0 of Emergency Financial Aid Grants have been distributed to students under Section 18004(a)(1) of the CARES Act, as the university defines the exact criteria and method for releasing these funds.
Madonna University estimates that there are 1944 students at the institution 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.
As of May 24, 2020, no students have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act, as the university defines the exact criteria and method for releasing these funds.
Madonna is currently establishing a strategy to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.
Instructions for Students and Frequently Asked Questions concerning the Emergency Financial Aid Grants
FAQ 1: How do I apply for CARES Act funding?
Answer: Madonna University administration is currently determining the strategy on how the CARES Act funds will be applied to students. The University President will continue to update students as the strategy develops.
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