Higher Education Emergency Relief Fund
Quarterly Budget and Expenditure Report under CARES Act Sections 18004(a)(1) Institutional Portion
Quarterly Budget and Expenditure Report through 9/30/20 Quarterly Budget and Expenditure Report through 12/31/20
Quarterly Budget and Expenditure Report through 03/31/2021 – FINAL REPORT
STUDENT PORTION – FINAL REPORT
1. The Schilling-Douglas School of Hair Design has 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.
2. The total amount of the 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 (this includes the student portion only):
$99,395
3. The total amount of the 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):
$99,426.00
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:
58
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:
51
6. Student Eligibility: Only students who are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA) may receive emergency financial aid grants. A student that has filed a Free Application for Federal Student Aid (FAFSA) has demonstrated eligibility to participate in programs under Section 484 of the HEA. Students must be actively attending or on an approved leave of absence which started after March 13, 2020 and is due/related to the coronavirus COVID-19 outbreak.
Determination of award: Emergency Financial Aid grant notifications and applications were distributed to all students enrolled in programs who could potentially be eligible for a grant. Each student who indicated they were effected by the disruption of campus operations due to the coronavirus on their application were asked to indicate the situations (areas of need) that they are financially responsible for. The school established the following 6 potential areas of need.
- Food expenses
- Housing Expenses
- Expenses related to course materials to attend school
- Paying for technologies associated with attending online classes
- Responsible for healthcare costs
- Responsible for child care expenses
If a student was effected by the disruption of campus operations due to the coronavirus and deemed eligible, per the eligibility requirements, they were awarded the amount designated per situation (area of need) they indicted they were responsible for. The amount designated per situation (area of need) was based on the number of eligible applications received and the cumulative number of situations (areas of need) students indicated they are responsible for. The total available grant was divided by the cumulative number of situations (areas of need) for all students to determine the per situation (area of need) amount, thus utilizing the full grant. By this calculation, each situation (area of need) was designated an award amount of $438.00. If the student indicated one area of need they were awarded $438, two areas of need they were awarded $876, three areas of need they were awarded $1,314, four areas of need they were awarded 1,752, five areas of need they were awarded $2,190 and six areas of need they were awarded $2,628.
7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
Emergency Financial Aid Grant Student Notification
Emergency Financial Aid Grant Student Application
Applications are no longer being accepted. All funds allotted to the school have been exhausted.