CARES Act Funding for The Salon Professional Academy, Grand Junction CO
Through the recently passed Federal CARES Act, which allocates emergency relief funding for eligible college students across the country to address pressing needs of students due to the disruption of campus operations, The Salon Professional Academy, Grand Junction CO (TSPA) is able to offer financial assistance to students.
TSPA acknowledges that the institution has signed and returned to Department of Education the Certification and Agreement and that the institution intends to use no less than 50% of total funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid.
TSPA has designed this disbursement, from the U.S. Department of Education as part of the CARES Act Higher Education Emergency Relief Fund (HEERF), to assist all currently enrolled Title IV eligible students and ensure that funds are distributed as widely as possible.
The total amount of funds that the institution has received from the Department of Education for HEERF emergency student grants is $71,353.00
Each recipient must have a Free Application for Federal Student Aid (FAFSA) on file with the Financial Aid Office for the current 19/20 Award year. The FAFSA application will determine both Title IV eligibility and HEERF Student Grant eligibility. All students have been directed and encouraged to complete the 19/20 FAFSA if they have not already done so.
TSPA is dispersing the funds to each eligible student automatically with no additional application required. The estimated total number of students at the institution eligible to participate in programs and eligible to receive HEERF emergency student grants is 30. Students will receive automatic distributions.
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 10/29/2020 is $71,353.00
The total number of students who have received an HEERF Emergency Financial Aid Grant are 30 as of 10/29/2020.
Students must be an active student or on an approved Leave of Absence (LOA) as of 5/1/2020 and have graduated or are still enrolled as of September 30, 2020. The Student must be eligible for Title IV disbursements (i.e. maintaining Satisfactory Academic Progress, be on Financial Aid Warning, or have submitted a successful appeal when on Financial Aid probation) and submitted a self-certification form indicating that she or he has been impacted by COVID 19 and will use the funds for related expenses. Students have the opportunity to forego the payment if they have not been affected and funds will be reallocated to other students.