CARES Act Relief for Students of Christine Valmy International School of Esthetics & Cosmetology
Christine Valmy International School of Esthetics & Cosmetology (“the School”) has signed and returned a Certification & Agreement statement that assures the School is granting the funds received under Section 18004(a)(1) of the CARES Act to provide emergency financial aid grants to its students who were attending temporary distance education classes as of March 23, 2020. Students enrolled in our Cosmetology & Hairstyling and Skin Care courses were deemed eligible for this emergency relief.
The total amount the School has received from the Department pursuant to the signed Certification & Agreement for emergency financial aid grants for students: $59,006.00.
The total amount distributed to students as of July 8, 2020: $37,800.00
The total amount distributed to students as of August 8, 2020: $59,006.00 – disbursements have been completed.
The total number of students at the School eligible for Section 484 Title IV of the Higher Education Act of 1965, who are thus eligible for this emergency financial aid grant to students under Section 18004(a)(1) of the CARES Act (Phase One): 108.
The total number of students with exceptional need based on their 2019/20 FAFSA who qualified for phase two of the emergency financial aid grant funds: 38.
The method used by the School to determine which students received emergency financial aid grants under Section 18004(a)(1) of the CARES Act: Phase One: The School took the total amount of award for students and immediately disbursed 64% of the total amount to all eligible* students enrolled in its Title IV programs attending temporary online classes as of March 23, 2020, to provide emergency relief for essential items of daily living (child care, food and shelter, utilities, etc.) The amount allotted per student was an equitable $350. The School distributed a form for each eligible student to complete and return to the Financial Aid Office in order to receive his/her grant allotment via Paypal/company check. Phase Two: The balance 36% of funds are being retained by the School in anticipation of the exceptional needs specific families will face in the coming months with their household finances or possible health impact on specific student families due to COVID-19
Instructions or guidance for students in attendance at the School as of March 23, 2020 regarding this emergency award grant through the CARES Act: In order to receive your portion of the grant funding (Phase One), please return your signed certification form to Ms. Giovanna Navarro ([email protected]) as soon as possible. Read the form in its entirety and save a copy for your records. The financial aid department will assess the needs of those students who might require additional aid (Phase Two), based on their submitted FAFSAs to the school, and allot additional monies as warranted.
*eligible students is defined as students & recent graduates that were US citizens or permanent legal US residents who were eligible to submit a FAFSA & were enrolled in one of our Title IV programs (Skin Care and Cosmetology & Hairstyling), receiving temporary online education as of 3/23/2020. These prerequisites were required in order to qualify for the CARES Act emergency grant funds.
For information on uses of funds from Institutional Portion of Section 18004(a)(1) of the CARES Act, please see here for 9/30/20 and here for 12/31/20. Please click here for the final quarterly report ending 3/31/2021.Back to NJ School