Higher Education Emergency Relief Fund Report – 

Emergency Financial Aid Grants to Students 

March 25, 2021 

Summit Salon Academy 04166800 received education stabilization funds under Section  18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), Public  Law No: 116-136. This Fund Report applies to the student portion received under the Higher  Education Emergency Relief Fund that is designated exclusively for emergency financial aid  grants to students.

The institution appreciates that Congress and the President have made these critical funds  available for eligible students who have expenses related to the disruption of campus operations  due to the coronavirus pandemic. We take receipt of these federal funds seriously and are  distributing them in accordance with the CARES Act and implementing guidance.

The institution is making the below information available for transparency purposes and in  compliance with the U.S. Department of Education’s (“Department”) Electronic Announcement of May 6, 2020.1 For questions or concerns regarding this Fund Report, please contact Dana,  Financial Aid Officer, at dpurnia@summitsalonacademy.com.

1. The institution signed and returned to the Department the Certification and Agreement [for] Emergency Financial Aid Grants to Students. 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.
2. The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $50,380.00.
3. 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 this Fund Report is $50,380.00.
   
4. 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 under Section 18004(a)(1) of the  CARES Act, as of the date of this Fund Report is 47.
5. The total number of students who have received an emergency financial aid grant under Section 18004(a)(1) of the CARES Act as of the date of this Fund Report is 47.
6. The methods used by the institution to determine which students receive emergency financial aid grants and how much they would receive under Section 18004(a)(1) of the CARES Act are…
   • The Academy will prepare a roster of eligible actively enrolled students as of November 20,  2020. The total student grant award amount for each eligible student will be determined by  dividing the Grant Fund equally among the roster. 
   • Students that have filed a Free Application for Federal Student Aid (FAFSA) and for which the  Academy has a current Institutional Student Information Record (ISIR) will be considered Title  IV eligible. Students that have not filed a FAFSA may still demonstrate Title IV eligibility and  thus eligibility for emergency federal student aid grants under this policy upon proof of: 
     • US citizenship or that the student is an eligible noncitizen; 
     • a valid Social Security number; 
     • registration with Selective Service (if the student is male); 
     • a high school diploma, GED, or completion of high school in an approved  homeschool setting; and that student is not delinquent with respect to any outstanding federal student loans.
7.  Any instructions, directions, or guidance provided by the institution to students concerning the emergency financial aid grants are provided at Attachments A and B.

Attachment A 

March 25, 2020

Dear Student,

Please return this attestation statement to the Academy as soon as possible but no later than  December 7, 2020. Failure to return this attestation statement by this date may result in your  grant award being forfeited and those funds being used to make additional grants to other  students. 

I accept the grant award provided to me from funding made available to the Summit Salon  Academy under the CARES Act.

I certify the following:

• All information provided in this Attestation is true and correct to the best of my  knowledge.
• I am eligible for Title IV Federal Financial Aid.
• I understand that any money awarded from this grant is to be used for expenses  related to the disruption of campus operations due to coronavirus. These expenses  include eligible expenses under a student’s cost of attendance in the calculation of  Federal Financial Aid, such as food, housing, course materials, technology, health  care, and childcare. The money I am receiving is intended to cover my expenses  related to the disruption of campus operations.

I would like to receive my grant amount (choose one):

_____ Pick Up at Academy _____ Mailed to me

Please provide accurate address and phone number to reach you:

I understand that if I choose to have my grant check mailed to me it will be mailed to the address  listed above. I will immediately notify the Academy if at any time my address changes. I further  understand that if the Academy is unable to locate me and/or distribute any part of my grant  award after making reasonable efforts that I will forfeit such funds and that the Academy may  use those funds to make additional grants to other students.

_________________________________ __________________

Student Signature Date

Attachment B 

March 25, 2020

Re: Student Emergency Relief Grant

Dear Student,

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides emergency  assistance for students who are in need of financial support for expenses related to the disruption  of campus operations due to the coronavirus pandemic. Under the CARES Act, the Summit Salon Academy has received grant funding from the U.S. Department of Education for the  purpose of making emergency financial aid grants to its students.

Enclosed please find an emergency financial aid grant check in the amount of $1071.92. This is a  grant, which means that this amount does not need to be repaid. Your acceptance of these grant  funds is conditioned upon your agreement to use the funds for the purposes allowed under the  CARES Act and as agreed upon by you in the attestation statement that you previously provided  to the Academy. In particular, you understand that the money awarded from this grant is to be  used for expenses related to the disruption of campus operations due to coronavirus. These  expenses include eligible expenses under a student’s cost of attendance in the calculation of  Federal Financial Aid, such as food, housing, course materials, technology, health care, and  childcare. The money you are receiving is intended to cover your expenses related to the  disruption of campus operations.

We hope that you and your family and friends are safe and healthy. Please do not hesitate to  contact us if you have any questions.

Best wishes,

Jessica, Jennifer, and your Summit Salon Academy Team

Summit Salon Academy Student Emergency Financial Aid Grants Reporting 

• The academy will distributed to qualified students all the funds, $50,380.00 allocated by the Emergency Financial Aid Grants under Section 18004(a)(1) of the  CARES Act.
• Of the 47 students active and considered to qualify for the grant, 47 qualify.

Attachment C

September 21, 2021

Download the Quarterly Budget and Expenditure Reporting