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Cares Act

  

CARES ACT REPORTING ON EMERGENCY FINANCIAL AID GRANTS TO STUDENTS

On March 27, 2020, the Federal government enacted the Coronavirus Aid, Relief and Economic Security Act (CARES Act), Pub L. No. 116-136, providing funds to institutions from the Higher Education Emergency Relief Fund (HEERF) to make Emergency Financial Aid Grants to Students for expenses related to the disruption of campus operations due to coronavirus, including eligible expenses under student’s cost of attendance, such as food, course materials, technology, health care, and child care. The law requires institutions to report certain information related to the use of these funds. The following information is reported for the period. 04/24/2020 to 05/12/2020.

Levittown Beauty Academy LLC. has signed and returned to the Department of Education 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. 

The total amount of funds that the institution has received from the Department of Education pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students: 111172.00

The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission as of the 30-day Report: 55586.00

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: 30

The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act. 30

The method used by Levittown Beauty Academy LLC. to determine which student’s receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act. 75 percent of total amounts allocated to Students will go to Pell eligible Students and 25 percent will go to non pell eligible Students. 

The purpose of these funds is provide 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).

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