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  • Home / News / Ursuline College's use of CARES Act federal grant funding | Ursuline College - Liberal Arts Education in Ohio

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    Ursuline College's use of CARES Act federal grant funding

    June 23, 2020

    Updated January 8, 2021

    In May 2020, Ursuline College was notified that it would receive federal funding made available by the CARES Act (Coronavirus Aid, Relief, and Economic Security), to help the College and students who have incurred expenses due to the disruption of campus operations because of the pandemic.

    As of January 8, 2021, the College reports the following regarding CARES Act funding:

    • Ursuline College signed and returned to the Department of Education the Certification and Agreement and the institution intends to use no less than 50 % of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
    • The total amount of funds that Ursuline College has received from the Department pursuant to the institution’s Certification and Agreement for Higher Education Emergency Relief Fund is $673,311, of which at least half ($336,656) will be provided as direct funds to students. The college received an additional amount of $33,641 under Section 18004(a)(2).
    • The estimated total number of students at Ursuline College 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 approximately 730.
    • Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act are as follows:

    Report Date

    Total Amount Awarded (Cumulative)

    Total Number of Students (Cumulative)

    June, 12, 2020 $274,177 233
    July 8, 2020 $274,177 233
    August 21, 2020 $274,177 233
    October 4, 2020 $275,677

    234

    November 17, 2020 $275,677

    234

    December 4, 2020 $336,656

    307

    FINAL AMOUNT $336,656

    307

    • Ursuline College provided funds to eligible students that met the criteria and who had submitted the application below by published deadlines of May 20 and November 16. Awards were granted to eligible students based on the applications received.

    A quarterly report as of September 30, 2020, of the institutional portion of the CARES Act funding may be reviewed here.

    A quarterly report as of December 31, 2020, of the institutional portion of the CARES Act funding may be reviewed here.

    Communications to students, in addition to the news release posted on May 7, 2020, were: