HEERF Funds Reporting-Student Aid

Update 7/15/2020: As of July 14,2020, the entire amount of the  HEERF Funds received for students have been distributed to seventy (70) students in the amount of $1,694.00 each under Section 18004(a)(1) of the CARES Act.

6/23/2020: California Hair Design Academy signed and returned to the Department of Education the CARES Act HEERF Funds Certification and Agreement with the assurance that our institution will 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.

The total amount of funds that the institution has received from the Department of Education for HEERF student grants is $118,560.00.

As of June 23, 2020, HEERF Funds have been distributed to zero students in the amount of $0.00 under Section 18004(a)(1) of the CARES Act. The estimated total number of students at the institution eligible to receive HEERF grant funds is 65.

The funds have not yet been distributed to the students in order to give all students who were enrolled at California Hair Design Academy as of March 13,2020 the opportunity to qualify for the grant funds.  Per the Department of Education, only students who are or could be 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. If a student has filed a Free Application for Federal Student Aid (FAFSA), then the student has demonstrated eligibility to participate in programs under Section 484 the HEA.

The criteria to participate in programs under Section 484 of the HEA include but are not limited to the following:

  • Students must not be enrolled in elementary or secondary school.
  • The student is enrolled in a degree, certificate or other recognized educational credential
  • For currently enrolled students, be making satisfactory academic progress.
  • Not owe an overpayment on Title IV grants or loans.
  • Not be in default on a Title IV loan.
  • Be a U.S. citizen or national, permanent resident, or other eligible noncitizen.
  • Have returned fraudulently obtained Title IV funds if convicted of or pled guilty or no contest to charges.
  • Not have fraudulently received Title IV loans in excess of annual or aggregate limits.
  • Have repaid Title IV loan amounts in excess of annual or aggregate limits if obtained inadvertently.
  • Have Selective Service registration verified.
  • Have Social Security Number verified.
  • Not have a federal or state conviction for drug possession or sale, with certain time limitations.

Students must digitally sign a letter using DocuSign confirming the funds will be used for COVID19 expenses related to Food, Course Materials, Health Care, Housing, Technology and Child Care. This letter must be signed before the funds can be distributed to the students.

All Title IV eligible students who were enrolled at the institution on March 13, 2020, including students on a leave of absence, will receive a disbursement from the HEERF Funds.

Checks will be mailed to students via USPS within three days after the student signs the DocuSign confirmation.

The institution will divide the full amount of the grant ($118,560.00) by the total amount of Title IV eligible students who were enrolled on March 13, 2020 and disburse the funds equally to all eligible students based on that calculation.

The entire amount of Student HEERF Funds will be disbursed directly to the students, the institution will not use any portion of these funds.