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CARES Act Funding Disclosure

As part of the CARES Act, the US Department of Education (ED) recently authorized more than $7 billion of emergency funding to colleges and universities across the United States. Madonna University signed and returned the Recipients Funding Certification and Agreement to the US Department of Education to receive funds under Section 18004(a)(1) of the CARES Act. Madonna University has been allocated $1,517,426 in funding under this section of the CARES Act, and at least 50% of that funding, $758,713 must be earmarked for immediate student distribution.

This funding was allocated to institutions of Higher Learning and were based on data from IPEDS Pell Grant Volume data provided by the FSA, was intended for students who are eligible for Title IV federal financial aid as defined by the FAFSA. The funding was provided to offset any expenses that students may have incurred as a result of the disruptions of campus operations due to coronavirus. The formula ED used to determine the funds available for Madonna students was based on the number of Pell-eligible students enrolled and our total enrollment. The CARES Act and ED’s guidance ask us to distribute these funds to those students most in need and use Pell-eligibility as one measure in determining that amount. Eligible students were awarded CARES Act funds based on the following award structure:

Undergraduate students

  • Full-time, Pell-eligible - $850
  • Full-time, not Pell-eligible - $350
  • Part-time, Pell-eligible - $330
  • Part-time, not Pell-eligible - $130

During our assessment of student eligibility, we determined that 1,608 undergraduate students currently enrolled Madonna students met the criteria set by ED. The following metrics were used to determine student eligibility:

Students must have:

  • filed a FAFSA before March 16, 2020,
  • been enrolled for the 2020 winter semester, and
  • been determined to have received Federal Title IV aid or were eligible to receive Federal Title IV aid. 

Madonna disbursed $758,660 to the 1,608 eligible students on August 5, 2020. The CARES Act funds were disbursed to students via the refund preference they had selected through email selection on their Madonna One Card[1]. No CARES Act funds distributed to eligible students were set aside for future use or used by Madonna to pay outstanding balances of the eligible students.                                   

Updated: 10/15/2020

[1] The Madonna One Card is a general debit/credit card whose use is not limited to Madonna University or its business partners.

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

How do I apply for CARES Act funding? 

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.

CARES Act Institutional Quarterly Reporting

The information below is required for quarterly reporting requirements of the CARES Act.

Name of entity receiving award

Madonna University

Amount of award

$758,713.00

Funding agency

US Department of Education

Catalog of Federal Domestic Assistance (CFDA) program number for grants

84.425F

Award title descriptive of the purpose of the funding action 

Education Stabilization Fund, Higher Education Emergency Relief Fund - Institution

Location of the entity (including congressional district)

 Livonia Michigan, MI-11 

Place of performance (including congressional district)

Livonia Michigan, MI-11

Unique identifier of the entity and its parent

Tax ID 381498763

Report

September 30, 2020 CARES Act Report

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