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Cares Act
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INFORMATION

To our students,

Sharp Edgez Barber Institute has signed and returned the Department of Education’s Certification and Agreement and intends to use no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students. Sharp Edgez has received $109,786 from the Department for distribution to a total of, approximately, 37 eligible students. As of 1/3/2022 we have issued approximately $106,548.84 to 36 students.

The methodology used was simply to divide the funds equally among Title IV eligible students.

Any HEERF funds disbursed from 6/17/20 forward must be disbursed only to students who meet eligibility criteria under Section 484 of the HEA.

Those eligibility criteria include:

Be enrolled or accepted for enrollment at sharp Edgez Barber Institute and:
  • Maintaining Satisfactory Academic Progress (SAP)
  • Not owe a refund on grants
  • Not be in default on any student loans
  • Sign a Statement of Educational Purpose
  • Provide documentation of SSN
  • Be a US Citizen or Eligible Non-Citizen
  • Must not have been convicted on Title IV fraud
  • Cannot be enrolled in an online program
  • student cannot have Unusual circumstances which disqualifies them from financial aid
  • Eligibility dates - must have been enrolled and attending class on March 16, 2020
  • LOA’s prior to COVID - Students who do not return for a reason that is not COVID-19 related do not qualify for the grant.
Grants are first come first serve and these funds will run out. Eligible students have been issued a check by mail.

Regards,

Ahmon Bryant
Director

DOWNLOAD: HEERF Report 9-20-2022 (PDF)

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