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 10/5/2020 we have issued approximately $97,917.24 to 34 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.