7/7/2020

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 7/7/2020 we have issued approximately $50,442.23 to 17 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