HEERF
HEERF Quarterly Report for quarter ending June 30, 2021
HEERF Quarterly Report for quarter ending March 31, 2021
HEERF Quarterly Report for quarter ending Dec 31, 2020
HEERF Quarterly Report for quarter ending Sept 30 2020
HEERF Funding for ISSA Students
Under the CRRSAA and ARP(a)(1) Student Grant Programs, International Salon and Spa Academy (ISSA) is able to offer financial assistance to students which may be used for any component of the student’s cost of attendance or for emergency costs that arise due to coronavirus, such as tuition, food, housing, health care (including mental health care), or child care.
ISSA is very grateful to have the opportunity to deliver extra financial support to qualifying students during this very difficult pandemic with funds provided by the U.S. Federal Government.
ISSA acknowledges that the institution has signed and returned to Department of Education the Certification and Agreement and that the institution intends to use the total funds received under the CRRSAA and ARP(a)(1) and (a)(4) programs to provide Emergency Financial Aid grants to Students.
The total amount of funds that the institution will receive from the Department of Education pursuant to the institutions Certification and Agreement for Emergency Financial Aid Grants to Students under the CRRSAA and ARP(a)(1) and (a)(4) programs is $471,451.00
Total amount of Emergency Financial Aid Grants distributed to students under the CRRSAA and ARP(a)(1) and (a)(4) programs as of 09/30/2022 is $451,518.00
ISSA is dispersing the funds to each eligible student automatically with no additional application required. The estimated total number of students at the institution that are eligible to receive Emergency Financial Aid Grants to Students under the CRRSAA and ARP(a)(1) and (a)(4) programs is 317. Students will receive distributions in the form of an Institutional issued check.
The total number of students who have received an Emergency Financial Aid Grant under the CRRSAA and ARP(a)(1) and (a)(4) programs for this quarter are 133 as of 09/30/22.
ISSA has designed this disbursement, from the U.S. Department of Education as part of the CRRSAA Higher Education Emergency Relief Fund (HEERF II), to assist all currently enrolled Title IV eligible students and ensure that funds are distributed as widely as possible.
Each recipient must have a Free Application for Federal Student Aid (FAFSA) on file with the Financial Aid Office for the current 20/21 Award year. The FAFSA application will determine both Title IV eligibility and HEERF Student Grant eligibility. The Institution will then prioritize grants to students with exceptional need using 3 categories based on FAFSA EFC and program length, with larger disbursements awarded to those in the highest need categories.
All students have been directed and encouraged to complete the 21/22 FAFSA if they have not already done so.
CARES Act Funding for International Salon and Spa Academy Students
Through the recently passed Federal CARES Act, which allocates emergency relief funding for eligible college students across the country to address pressing needs of students due to the disruption of campus operations, International Salon and Spa Academy (ISSA) is able to offer financial assistance to students.
ISSA is very grateful to have the opportunity to deliver extra financial support to qualifying students during this very difficult pandemic with funds provided by the U.S. Federal Government.
ISSA acknowledges that the institution has signed and returned to Department of Education the Certification and Agreement and that the institution intends to use no less than 50% of total funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Ai
ISSA has designed this disbursement, from the U.S. Department of Education as part of the CARES Act Higher Education Emergency Relief Fund (HEERF), to assist all currently enrolled Title IV eligible students and ensure that funds are distributed as widely as possible.
The total amount of funds that the institution has received from the Department of Education for HEERF emergency student grants is $237,725.00
Each recipient must have a Free Application for Federal Student Aid (FAFSA) on file with the Financial Aid Office for the current 19/20 Award year. The FAFSA application will determine both Title IV eligibility and HEERF Student Grant eligibility.
All students have been directed and encouraged to complete the 19/20 FAFSA if they have not already done so.
ISSA is dispersing the funds to each eligible student automatically with no additional application required. The estimated total number of students at the institution eligible to participate in programs and eligible to receive HEERF emergency student grants is 166. Students will receive automatic distributions.
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 5/29/2020 is $58,016.23
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 6/30/2020 is $210,839.47
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 7/31/2020 is $213,669.53
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 8/31/2020 is $220,744.68
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 9/30/2020 is $223,574.74
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 12/31/2020 is $224329.74
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 03/31/2021 is $236859.97
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 04/15/2021 is $237725.00
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 9/30/2021 is $267,480.00
Total amount of HEERF emergency student financial aid grants distributed to students under section 18004(a)(1) as of 12/31/21 is $292,248.00
The total number of students who have received an HEERF Emergency Financial Aid Grant are 41 as of 5/29/2020.
The total number of students who have received an HEERF Emergency Financial Aid Grant are 149 as of 6/30/2020.
The total number of students who have received an HEERF Emergency Financial Aid Grant are 151 as of 7/31/2020.
The total number of students who have received an HEERF Emergency Financial Aid Grant are 156 as of 8/31/2020.
The total number of students who have received an HEERF Emergency Financial Aid Grant are 158 as of 9/30/2020.
The total number of students who have received an HEERF Emergency Financial Aid Grant are 159 as of 12/31/2020.
The total number of students who have received an HEERF Emergency Financial Aid Grant are 169 as of 03/31/2021.
The total number of students who have received an HEERF Emergency Financial Aid Grant are 135 as of 09/30/2021.
The total number of students who have received an HEERF Emergency Financial Aid Grant are 16 as of 12/31/2021.