St. Mary’s University has signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or 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. The University received the funding on April 23, 2020.
The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $1,590,262.
As of October 9, 2020, the total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act is $1,562,730.
- As of October 9, 2020: $1,562,730
- As of August 4, 2020: $1,025,900
- As of June 29, 2020: $1,003,580
- As of May 20, 2020: $942,780
The estimated total number of 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 is 2,300.
The total number of unduplicated students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 1,129.
- As of October 9, 2020: 1,129
- As of August 4, 2020: 1,035
- As of June 29, 2020: 933
- As of May 20, 2020: 798
To determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act, St. Mary’s University requires applications be submitted by students and then award funds based on classification, categories selected and level of need identified on FAFSA.
The instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants:
- Students were sent an email communication outlining the details of fund and guiding them to apply within Gateway, the student portal.
- Gateway housed a page listing a description of the CARES ACT, eligibility guidelines, categories covered, application procedures, deadlines and direct deposit information.
- Students were asked to submit a CARES Act Emergency Fund application. Once the committee made a decision, the students received notifications letting them know whether application was approved or denied.