Tricoci University signed and returned the Certification and Agreement for all of its locations to the Department of Education on April 14, 2020 and 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 Tricoci University is eligible to receive from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is as follows:
| Campuses | Student Amount |
|---|---|
| Indianapolis_Lafayette IN | 355,859 |
| Bridgeview IL | 218,452 |
| Rockford IL | 217,890 |
| Highland IN | 198,159 |
| Libertyville_Elgin IL | 186,937 |
| Chicago_Northwest IL | 176,355 |
| Danville_Urbana IL | 161,660 |
| Glendale Heights_Chicago Northeast IL | 151,630 |
| Peoria_Normal IL | 132,902 |
| Bloomington IN | 97,330 |
| Janesville Wi | 34,293 |
| Total | 1,931,467 |
As of June 30, 2021 the total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act is as follows:
| Campuses | Amount distributed |
|---|---|
| Indianapolis_Lafayette IN | 299,804 |
| Bridgeview IL | 199,859 |
| Rockford IL | 198,993 |
| Highland IN | 193,654 |
| Libertyville_Elgin Il | 156,529 |
| Chicago_Northwest IL | 149,445 |
| Danville_Urbana IL | 151,884 |
| Glendale Heights_Chicago Northeast IL | 130,253 |
| Peoria_Normal IL | 121,207 |
| Bloomington IN | 97,330 |
| Janesville WI | 34,293 |
| Total | 1,733,251 |
Tricoci University estimates the following number of students are eligible to participate in program 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.
| Campuses | Estimated No. of Title IV eligible students |
|---|---|
| Indianapolis_Lafayette IN | 250 |
| Bridgeview IL | 200 |
| Rockford IL | 200 |
| Highland IN | 200 |
| Libertyville_Elgin IL | 200 |
| Chicago_Northwest IL | 150 |
| Danville_Urbana IL | 150 |
| Glendale Heights_Chicago Northeast IL | 150 |
| Peoria_Normal IL | 150 |
| Bloomington IN | 100 |
| Janesville WI | 100 |
| Total | 1,850 |
As of June 30, 2021 the number of students who received an Emergency Financial Aid Grant is as follows:
| Campuses | Estimated No. of Title IV eligible students |
|---|---|
| Indianapolis_Lafayette IN | 231 |
| Bridgeview IL | 193 |
| Rockford IL | 122 |
| Highland IN | 200 |
| Libertyville_Elgin IL | 156 |
| Chicago_Northwest IL | 139 |
| Danville_Urbana IL | 100 |
| Glendale Heights_Chicago Northeast IL | 126 |
| Peoria_Normal IL | 106 |
| Bloomington IN | 74 |
| Janesville WI | 54 |
| Total | 1,501 |
Tricoci determined the students who would receive Emergency Financial Aid Grants awards by using the students’ FAFSAs and valid ISIRs on file as an indicator of Title IV eligibility and grant eligibility. 80% of the funds allocated per location were equally awarded as initial grants to students who had established grant eligibility on or before May 6, 2020. The remaining 20% of the funding was reserved for secondary grants to students who had not been identified but who establish(ed) grant eligibility prior to the end the one year anniversary of receipt of grant approval. An application to determine eligibility was required for the remaining amount of the grants.
An initial letter was emailed to all students on April 29, 2020. An additional communication was sent via email confirming award information by campus to each student who received an award.
The Emergency Grant awards could be used for a period of one year from the grant approval of 4/28/2020 which has now expired. No further disbursements will be made.
