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CARES Act
Emergency Relief Funds

The CARES Act Higher Education Emergency Relief Fund (HEERF) provides funding to institutions for emergency financial aid grants to students whose lives have been disrupted by the coronavirus pandemic. Below are Institute of Beauty Careers' reports.

Emergency Financial Aid Grants Reports

1

Initial 30-Days Report

May 13, 2020

$0

distributed

0

students

337

eligible

The CARES Act Higher Education Emergency Relief Fund (HEERF) provides funding to institutions for emergency financial aid grants to students whose lives have been disrupted by the coronavirus pandemic. Below is Institute of Beauty Career's initial 30-Day report. With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of May 13, 2020 is $0. 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of May 13, 2020 no students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notify through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks will begin. The next update to the report will be posted here on or before July 8, 2020.
2

45-Days Report

June 28, 2020

$311,750

distributed

290

students

337

eligible

With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of June 28, 2020 is $311,750.00 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of June 28, 2020 290 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks. The next update to the report will be posted here on or before August 12, 2020.
3

Third Report 45 Days After

August 12, 2020

$312,825

distributed

291

students

337

eligible

The CARES Act Higher Education Emergency Relief Fund (HEERF) provides funding to institutions for emergency financial aid grants to students whose lives have been disrupted by the coronavirus pandemic. Below is Institute of Beauty Career's third report 45-Days after. With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of June 28, 2020 is $312,825.00 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of August 12, 2020 291 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks. The next update to the report will be posted here on or before September 27, 2020.
4

Fourth Report 45 Days After

September 27, 2020

$348,300

distributed

304

students

337

eligible

The CARES Act Higher Education Emergency Relief Fund (HEERF) provides funding to institutions for emergency financial aid grants to students whose lives have been disrupted by the coronavirus pandemic. Below is Institute of Beauty Career's fourth report 45-Days after. With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020, with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of September 27, 2020, is $348,300.00 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of August 12, 2020, 304 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks. The next update to the report will be posted here on or before November 11, 2020.
5

Fifth Report 45 Days After

November 11, 2020

$467,625

distributed

305

students

337

eligible

The CARES Act Higher Education Emergency Relief Fund (HEERF) provides funding to institutions for emergency financial aid grants to students whose lives have been disrupted by the coronavirus pandemic. Below is Institute of Beauty Career's fifth report 45-Days after. With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of November 11, 2020 is $467,625.00 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of November 11, 305 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks. The next update to the report will be posted here on or before December 26, 2020.
6

Sixth Report 45 Days After

December 26, 2020

$524,600

distributed

309

students

337

eligible

The CARES Act Higher Education Emergency Relief Fund (HEERF) provides funding to institutions for emergency financial aid grants to students whose lives have been disrupted by the coronavirus pandemic. Below is Institute of Beauty Career's sixth report 45-Days after. With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of December 26, 2020 is $524,600.00 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of December 309 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks. The next update to the report will be posted here on or before February 9, 2021.
7

Seventh Report 45 Days After

February 9, 2021

$531,050

distributed

310

students

337

eligible

With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of February 9, 2021 is $531,050.00 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of February 9, 310 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks. The next update to the report will be posted here on or before March 26, 2021.
8

Eighth Report 45 Days After

March 26, 2021

$791,554.30

distributed

313

students

337

eligible

The CARES Act Higher Education Emergency Relief Fund (HEERF) provides funding to institutions for emergency financial aid grants to students whose lives have been disrupted by the coronavirus pandemic. Below is Institute of Beauty Career's eighth report 45-Days after. With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of March 26, 2021 is $791,554.30 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of March 26, 313 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks. The next update to the report will be posted here on or before May 10, 2021.
9

Ninth Report 45 Days After

May 10, 2021

$791,554.30

distributed

313

students

337

eligible

With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of May 10, 2021 is $791,554.30 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of March 26, 313 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks. The next update to the report will be posted here on or before June 24, 2021.
10

Tenth Report 45 Days After

June 24, 2021

$791,554.30

distributed

313

students

337

eligible

With regard to the CARES Act Section 18004(a) (1), Institute of Beauty Careers acknowledges and assures that: 1. A signed Certification and Agreement was returned to the Department of Education on April 13, 2020 with the intention of using 50% of the funds received to provide Emergency Financial Aid Grants to students. 2. The total amount of funds that Institute of Beauty Careers received for the benefit of students is $791.719. 3. The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the Cares Act as the date of submission of May 10, 2021 is $791,554.30 4. The estimated number of students 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 under Section 18004(a)(1) of the CARES Act is 337. 5. As of March 26, 313 students have received funding. 6. The Institute of Beauty Careers determined that all eligible students who fill out application and acceptance forms according to Emergency Grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance such as food, housing, course materials, technology, health care, and child care) will receive an equal amount of Emergency Financial Aid Grants under Section 18004(a)(1) of the Cares Act into two installments and taking in consideration the requirements for eligibility. 7. The students were notified through their teachers with instructions of who will be eligible for emergency aid and the requirements. Also, to the date that the distribution of the checks.

Quarterly Budget Expenditure Reporting

Under CARES Act Sections 18004(a)(1) Institutional Portion

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