CARES Act Emergency Relief Fund Higher Education
Emergency Relief Fund (HEERF) Student Portion Allocation Belle Academy of Cosmetology LLC
November 30, 2020 Last Review Date – December 10, 2020
FINAL REPORT - EXPENDITURES COMPLETE – December 10, 2020
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1. An acknowledgement that the institution 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 Belle Academy of Cosmetology LLC acknowledges that the College has signed and returned to the Department of Education the Certification and Agreement for CARES HEERF Emergency Financial Aid Grants. Additionally, Belle Academy of Cosmetology LLC 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.
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2. 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. Belle Academy of Cosmetology LLC received $12,106.00 for Emergency Financial Aid Grants to Students.
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3. 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 submission (i.e., as of the 30-day Report and every 45 days thereafter). Belle Academy of Cosmetology LLC is disbursing $12,106.00 for Emergency Financial Aid Grants to Students under Section 18004(a)(1) of the CARES Act.
4. 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. Belle Academy of Cosmetology LLC determined there were, Six (6) eligible students under Section 484 in Title IV of the Higher Education Act of 1965.
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5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act, Six (6) students will receive an Emergency Financial Aid Grant from CARES HEERF funds.
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6. The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act. Belle Academy of Cosmetology LLC determined that the HEERF Emergency Financial Aid Grant funds would be distributed to Title IV eligible, undergraduate, program-active and/or degree-seeking students CARES Act Emergency Relief Fund Higher Education Emergency Relief Fund (HEERF) Student Portion Allocation.
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Belle Academy of Cosmetology LLC – November 30, 2020 Last Review Date December 10, 2020 based on current enrollment as of March 13, 2020, when Belle Academy of Cosmetology LLC normal operations were interrupted by COVID-19. Belle Academy of Cosmetology LLC weighted nine categories of students depending on the defined categorical status and number of enrolled students in Spring 2020, with two subsections of credit types. Only students eligible to receive Title IV aid are included below.
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7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.” A letter accompanied the check that was mailed to students indicating the following: You have been identified as a spring 2020 emergency relief recipient from Higher Education Emergency Relief Fund (HEERF) created by Coronavirus Aid, Relief and Economic Security (CARES) act.
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The HEERF fund provided money to institutions for emergency financial aid grants to college students whose lives have been disrupted by the COVID-19 pandemic, many of whom are facing financial challenges and struggling to make ends meet. The emergency funds must be used to cover expenses such as food, housing, course materials, technology, health care, and childcare.
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By endorsing the enclosed check, you are acknowledging you will use the funds to cover the allowable expenditures listed above. Students who receive funding from their institutions are not required to record or track how it is spent.
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All Aid has been fully distributed as of December 11, 2020
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