$99,487 in funds were issued to 164 students from April 2021 to June 2021 based on the allocation listed below.
Awards for active students will range from $315 to $750 according to the following criteria
Awards for students who have graduated will range from $250 to 300 according to the following criteria:
Special Circumstances
Based upon remaining available funds and in limited circumstances, a larger grant may be awarded if approved.
Total funds to be distributed to students: $273,631.00
Total estimated # of students eligible to receive funds: 197 for the first quarter
FIRST QUARTER: the maximum drawdown was limited to 50% or $136,815.50. Our first quarter was completed by August 16, 2021. The 1st quarter grant was allocated as follows:
Currently Attending students as of 6-30-2021.
Graduates as of 6-30-2021
Withdrawals as of 6-30-2021
SECOND & THIRD QUARTERS: The remaining 50% of the grant fund began disbursement on 1-4-2022. Priority was given to currently attending students who have not received any HEERF II Funding prior. The students who fell into this quarter typically have a start date of October 2021 – March 2022.
Allocations:
Total funds to be distributed to students: $
Total estimated # of students eligible to receive funds:
CARES ACT: Student Grant Quarterly Reporting (HEERF I)
CARES ACT: Institutional Quarterly Reporting: Period Ending 9/30/20: OPEID 01209000
CARES ACT: Institutional Quarterly Reporting: Period Ending 12/31/20: OPEID 01209000
CARES ACT: Institutional Quarterly Reporting: Period Ending 3/31/21: OPEID 01209000 FINAL REPORT
CARES ACT: Institutional Quarterly Reporting: Period Ending 9/30/20: OPEID 02223700
CARES ACT: Institutional Quarterly Reporting: Period Ending 12/31/20: OPEID 02223700
CARES ACT: Institutional Quarterly Reporting: Period Ending 03/31/21: OPEID 02223700
CARES ACT: Institutional Quarterly Reporting: Period Ending 06/30/21: OPEID 02223700 FINAL REPORT
CARES ACT: Institutional Quarterly Reporting: Period Ending 9/30/20: OPEID 02528200
CARES ACT: Institutional Quarterly Reporting: Period Ending 12/31/20: OPEID 02528200
CARES ACT: Institutional Quarterly Reporting: Period Ending 03/31/21: OPEID 02528200 – final report
Total funds to be distributed to students: $152,449.00
Total estimated # of students eligible to receive funds: 167
The institution has decided that in the best interest of students with the greater need, as determined by pell grant eligibility, to use a 85% / 15% split.
Total funds to be distributed to students: $200,256.00
Total estimated # of students eligible to receive funds: 187
The institution has decided that in the best interest of students with the greater need, as determined by pell grant eligibility, to use a 70% / 30% split.
Total funds to be distributed to students: $77,263.00
Total estimated # of students eligible to receive funds: 88
The institution has decided that in the best interest of students with the greater need, as determined by pell grant eligibility, to use a 75% / 25% split.
Robert Fiance Beauty Schools is participating in the Higher Education Emergency Relief Funds program under the CARES ACT, Signed by President Donald J. Trump, which provides Emergency Financial Aid Grants to students 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).
The CARES Act Higher Education Emergency Relief Fund-IHE/Student Aid provides funding to institutions to provide emergency financial aid grants to students whose lives have been disrupted, many of whom are facing financial challenges and struggling to make ends meet. Students cannot apply for assistance directly from the U.S. Department of Education but should contact their institutions for further information and guidance. Institutions have the responsibility of determining how grants will be distributed to students, how the amount of each student grant is calculated, and the development of any instructions or directions that are provided to students about the grant.
Robert Fiance Beauty Schools acknowledges that the institution has signed and returned to the Department of Education the Certification & Agreement. Per the Agreement, the institution will 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 school has sent a DocuSign application to all students who meet the criteria above. The application provides guidance and information. Upon receipt of the signed and completed application, the school will review your application to confirm eligibility and then mail a check directly to the student’s address on record.
No. The funds provided by the CARES Act are grants, so they do not need to be repaid.
No. According to the Internal Revenue Service, “Emergency financial aid grants under the CARES Act for unexpected expenses, unmet financial need, or expenses related to the disruption of campus operations on account of the COVID-19 pandemic, such as unexpected expenses for food, housing, course materials, technology, health care, or childcare, are qualified disaster relief payments under section 139.”For more information please visit: https://www.irs.gov/newsroom/faqs-higher-education- emergency-relief-fund-and-emergency-financial-aid-grants-under-the-cares-act.
Emergency financial aid grants to students can be used 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). Please click here for more information about what is included in a student’s cost of attendance.
There is not a fee for receiving the grant funds, however there may be a fee imposed by your bank or retailer when cashing the check.
No, these funds are designated by the U. S. Government to be used by our students for emergency situations caused by COVID-19 and are not to be retained as payment on your account.
You may contact the Financial Aid Department at your campus with additional questions or by email at grants@RobertFiance.edu
If you feel you need additional funds due to COVID-19, we suggest applying even if you are not sure if you are eligible
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