Higher Education Emergency Relief Fund II Report (HEERF II)
Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA)
Emergency Financial Aid Grants to Students
Neosho Beauty College (OPE ID: 02608000) received education stabilization funds under Section 314 (a)(4) of CRRSAA. This Fund Report applies to the student portion received under the Higher Education Emergency Relief Fund II (CRRSAA) that is designated exclusively for emergency financial aid grants to students.
The institution has received these funds and has distributed them in accordance with CRRSAA and implementing guidance.
The institution is making the below information available for transparency purposes and in compliance with the U.S. Department of Education’s (“Department”) Electronic Announcement of May 13, 2021. For questions or concerns regarding this Fund Report, please contact:
Scott Hill, owner, at email@example.com.
- The institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used the applicable amount of funds designated under the CRRSAA (a)(1) program to provide Emergency Financial Aid Grants to Students.
- 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 under the CRRSAA (a)(4) program is $27,771.
- The total amount of Emergency Financial Aid Grants distributed to students under the CRRSAA (a)(4) program as of the date of submission (i.e., as of the initial report and every calendar quarter thereafter) is $27,771.
- The estimated total number of students at the institution that are eligible to receive Emergency Financial Aid Grants to Students under the CRRSAA (a)(4) program is 20.
- The total number of students who have received an Emergency Financial Aid Grant to students under the CRRSAA (a)(4) program is 20.
- The method used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under the CRRSAA (a)(4) is provided at Attachment A.
Policy and Procedures for the CRRSA Act
The US government has expanded on the emergency funds available to students through the Coronavirus Response and Relief Supplemental Appropriations Act, 2021, also known as the CRRSA Act. The available funds are also known as HEERF II, or Higher Education Emergency Relief Fund II funds.
Neosho Beauty College has currently been authorized to disburse $27,771 to students for any component in the students Cost of Attendance. This includes room, board, transportation and personal expenses or expenses due to COVID. In addition, the funds may be used for tuition and fees but only with the express written consent of the student. The school will accept an email from a student if they want to designate the funds be applied to their tuition and fee account.
Unlike the HEERF I from the CARES Act, 2020; students do not have to be Title IV-eligible to receive HEERF II. Therefore, student eligibility requirements under Section 484 in Title IV of the Higher Education Act of 1965, as amended, do not apply when awarding HEERF II.
Currently the USDE does not interpret undocumented students; Deferred Action for Childhood Arrivals (DACA) students; and international students to qualify as eligible students for CRRSA Act funding. . If the student has not filed for a FAFSA to determine if the student meets citizenship/registered non-citizen status, the student must complete a FAFSA for determination
It is the intent of Neosho Beauty College to administer HEERF II funds to students whom demonstrate exceptional financial need, such as students who receive Federal Pell Grants. Students who are not eligible to receive Federal Pell Grants may still be eligible for the HEERF II funds depending upon the student population; funds available and the schools policy below.
Neosho Beauty College will take the total amount authorized to disburse and divide it equally to students enrolled in all courses and schedules who show exceptional need as determined by Pell Grant eligibility after completing a FAFSA.
Neosho Beauty College will not (1) condition the receipt of financial aid grants to students on continued or future enrollment in the intuition, (2) use the financial aid grants to satisfy a student’s outstanding account balance, unless it has obtained the student’s written (or electronic), affirmative consent, or (3) require such consent as a condition of receipt of or eligibility for the financial aid grant.
CRRSA Act emergency student funding is only available to students that are enrolled and attending classes as of 4/15/2021. Students on an Approved Leave of Absence are also eligible based on the above selection criteria review.
Neosho Beauty College will not discriminate in the awarding of CRRSAA grant funds and will evaluate students based prioritizing Pell Eligible students and all students on their need to cover cost of attendance expenses.
As of the date of this policy and based on the selection criteria above, it is estimated that twenty (20) students will be eligible to receive funding. Divided equally and rounding cents up or down to award in whole dollar amounts, there will be nine (9) students awarded $1388 each, and eleven (11) students awarded $1389 each.
Neosho Beauty College will apply the grant to the student by check, or to the students account for tuition and fees if the student has provided affirmative consent to do so.
NOTE: HEERF grants are not Title IV funds, so Title IV awarding/packaging rules do not apply. It is understood based on released guidance from the USDE that HEERF II grants are not treated as estimated financial assistance (EFA) when packaging students. Likewise, HEERF II grants are not treated as taxable income or untaxed income for Title IV federal student aid purposes