Colorado Technical University Intends to Commit 100 Percent of CARES Act Funds to Campus-Based Students
Perdoceo Education Corporation (PRDO)
Last perdoceo education corporation earnings: 2/19 04:14 pm
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Source: PR Web
COLORADO SPRINGS, Colo. (PRWEB) April 16, 2020 On April 16, 2020, Colorado Technical University announced that it intends to commit 100 percent of funds received from the Coronavirus Aid, Relief and Economic Security (CARES) Act directly to eligible Colorado campus-based students as it becomes available. The University is looking to relieve the financial burden of campus students impacted by the COVID-19 public health crisis as they transition from CTU's physical campuses to online learning.The Education Stabilization Fund, included in the CARES Act legislation, is targeted towards campus closures affected by COVID-19. Although the Act requires colleges and universities to distribute at least 50 percent of federal funds received directly to students for financial assistance, CTU has committed to providing 100 percent of the CARES Act funds it receives directly to current Colorado Springs and Aurora campus-based students to help relieve the financial burdens associated with transition
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News
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PRDO
Earnings
- 5/1/24 - Beat
PRDO
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/30/24 - Form 4
- PRDO's page on the SEC website