HEERF institutional grant funding 10/30/2020
July 13, 2020 Fund Report Update
Crave Beauty Academy signed and submitted to the Department of Education the Recipient’s Funding Certification and Agreement for the Student portion Higher Education Emergency Relief Fund Formula Grants Authorized by Section 18—4 (a)(1) of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. For the student portion of the funds on May 8, 2020.
Crave Beauty Academy takes receipt of these federal funds seriously and are distributing them in accordance with the CARES Act and implementing guidance.
The institution is making the below information available for transparency purposes in compliance with the U.S. Department of Education.
Crave Beauty Academy assures no less than 50% of funds received under Section 18004 (a)(1) of the CARES Act to provide Emergency Financial Aid Grants will be distributed to students.
The total amount of funds that the institution will receive or has received from the Department pursuant to the institutions Certification and Agreement for Emergency Financial Aid Grants to students is $113,969.00. The total amount of emergency financial aid grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of this FUND report is $113,969.00.
The number of students that received the Emergency Financial Aid Grant and eligible to participate in programs under Section 484 in the title IV of the Higher Education Act of 1965, and thus eligible to receive Emergency Financial Aid Grants under Section 18004(a)(1) of the CARES Act as of this Fund Report is 129.
The total number of students who have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act as of the date of this Fund Report is 117.
https://ifap.ed.gov/electronic-announcments/050620HigheredEmergencyReliefFundRptg
https://studentaid.gov/understand-aid/eligibility/requirements
Exhibit I – CARES ACT EMERGENCY FINANCIAL AID GRANT FUNDS STUDENT APPLICATION
REQUEST FOR EMERGENCY FINANCIAL AID GRANT FUNDS
Under the CARES Act, Pub. L. No. 116-136
Students Name: ________________________________ Student ID#:______________________
Street Address at which I am sure to receive my Grant check: ____________________________
City, State and Zip Code:__________________________________________________________
Phone Number:_________________________ Email:__________________________________ 1.
Have you incurred expenses related to the disruption of campus operations due to coronavirus(COVID-19) such as food, housing, course materials, technology, health care and/or childcare expenses? ______ Yes_______ No
- I am interested in receiving any emergency funds that I may qualify to receive. Yes _____ No
_____ (answering NO is stating you are NOT interested in receiving any emergency funds from the
academy based on the CARES Act information and criteria)
I hereby attest that the information provided above is true and correct. I understand I am requesting an Emergency Financial Aid Grant to assist me with costs that I have incurred related to the COVID-19 pandemic.
I further acknowledge that while my school will attempt to assist me to the greatest extent possibly, I understand funds are limited and are to be shared among all eligible students. And, as with any financial information, this is private, personal and confident information and should not be discussed.
I further acknowledge the funds awarded and disbursed are based on criteria and
guidelines from my FAFSA application.
Students Signature: ___________________________________ Date: _____________________
______________________________________________________________________________ FOR SCHOOL USE ONLY: Applicants, please do not enter information in this section. Total Grant Amount Approved $____________________________ check # ________________
___________________________________________________ ___________________
Signature and Title of School Representative Date
Crave Beauty Academy * 3804 W. Douglas * Wichita, KS 67203 * 316-943-5516
14858 Manchester Rd * Ballwin, MO 63011 * 636-394-7335
Exhibit II – LETTER TO STUDENT ACCOMPANING THE EMERGENCY FINANCIAL AID GRANT FUNDS CHECK DISBURSEMENT
Dear Student,
The Emergency funds per the Cares Act Authorized by Section 18—4 (a)(1) of the Coronavirus Aid, Relief, and Economic Security (CARES) Act for the student portion of the funds have been received and are being released.
Students eligible for said funds meet the criteria of the following:
- Currently attending Crave Beauty Academy as of 5/28/2020
- Enrolled in a program approved for Title IV funding
- Completed the Crave Beauty Academy grant application
Student checks are being mailed out today and the next couple of days. The student checks will be mailed to the address listed on your grant application. The amount of the student check is $975.00 or $974.00. The whole amount differs due to “rounding” per the Department of Education guidelines.
As previously discussed, and stated on the grant application, eligible expenses for these funds include expenses under a student cost of attendance such as food, housing, course materials, technology, health care and childcare.
If you have any questions, please contact your campus director.
Be safe and stay healthy!
Sincerely,
Kim McIntosh
Kim McIntosh
President
