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HEERF CARES ACT 2020

HEERF Cares Act 2020


P.B. Cosmetology Education Centre is participating in the Higher Education Emergency Relief Funds

program under the CARES ACT that provides Emergency Financial Aid Grants to the students for

expenses related to the disruption of campus operations due to the coronavirus. Eligible expenses

under a student’s cost of attendance are food, housing, course materials, technology, health care and

child care.


P.B. Cosmetology Education Centre acknowledges that it has signed and returned to the Department of Education the required Certification and Agreement with the intent to use no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide the Emergency Financial Aid Grants to the students.


The total funds to be received by P.B. Cosmetology Education Centre from the Department as per the Certification and Agreement for Emergency Financial Aid Grants to Students is $61,454.00. The total amount of Emergency Financial Aid Grants to be distributed to the students under section 18004(a)(1) of the CARES act as of November 23, 2020 is $61,454.00.


The estimated number of students at the institution eligible to participate in programs under Section 484 in Title IV of the higher Education Act of 1965 is 92, and no distributions have been made at this time.


P.B. Cosmetology Education Centre will distribute emergency financial aid grants from the Grant Fund equally to all eligible students who were actively enrolled on October 31, 2020. An actively enrolled student includes all students currently attending school on October 31, 2020 and all students who were on an approved Leave of Absence due to COVID on October 31, 2020.


There is no application process necessary to receive these funds, P.B. Cosmetology Education Centre will contact those students eligible for these funds.


Upon receiving the emergency financial aid grant disbursement each student will complete a

Disbursement Certification acknowledging they meet the eligibility requirements, they understand what the funds may be used for and receipt of their grant funds.


Student Eligibility


Eligibility is limited to students who meet all of the following qualifications:


 Actively enrolled on October 31, 2020

 Enrollment in a Title IV eligible program of 600 clock hours or more

 U.S. citizen or eligible on-citizens (permanent residents/green card holders)

 Possession of a High School Diploma or GED

 Possession of a valid social security number

 Registration with the Selective Service for males

 Non-default status with Federal Financial Aid

 Be eligible to apply for Financial Aid by meeting the qualifications above. If you

do not have a FAFSA on file with PB Cosmetology and you are unsure of

whether you may for Title IV financial aid, please complete a FAFSA online to

determine your eligibility. If you are receiving Financial Aid loans and/or grants,

you are probably eligible for the HEERF grants.


Frequently Asked Questions


1. Do I have to repay the emergency financial aid grant I received from my school through

the CARES Act? 


No. The funds provided by the CARES Act are grants, so they do not need to be repaid. 


2. I am a student who received an emergency financial aid grant from my school through the 

CARES Act. Is this grant includible in my gross income? 


No. According to the Internal Revenue Service, “Emergency financial aid grants under the

CARES Act for unexpected expenses, unmet financial need, or expenses related to the disruption

of campus operations on account of the COVID-19 pandemic, such as unexpected expenses for

food, housing, course materials, technology, health care, or childcare, are qualified disaster relief

payments under section 139. For more information please visit: https://www.irs.gov/newsroom/faqs-higher-education-emergency-relief-fund-and-emergency-financial-aid-grants-under-the-cares-act


3. What can emergency financial aid grants provided by the CARES Act be used for? 


Emergency financial aid grants to students can be used 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.


4. Can I use the funds to pay my outstanding balance to the school?


No. The funds are to be used by students for emergency situations caused by COVID-19 and are

not to be used as payment on your account.


Get In Touch

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Phone

1-800-336-HAIR


Address

110 Monmouth St,

Gloucester City, NJ 08030


Hours

Monday: 9am - 9:30pm

Tuesday: 9am - 9:30pm

Wednesday: 9am - 9:30pm

Thursday: 9am - 9:30pm

Friday: 9am - 4pm

Saturday: 9am - 4pm