The U.S. Department of Education has made emergency financial aid grants available to students of Gene Juarez Academy who are in need of financial support for their expenses related to the disruption of campus operations due to coronavirus.

CARES ACT FAQS

The Coronavirus Aid, Relief and Economic Security (CARES) Act provides economic relief from COVID-19. One section of the CARES Act established the Higher Education Emergency Relief Fund (HEERF) and allocated money for schools to use for emergency financial aid grants to students for expenses related to the disruption of campus operations due to the pandemic.

Students who were enrolled on March 13, 2020, the date of the President’s Declaration of National Emergency and who meet basic eligibility criteria for federal financial aid will be considered for these funds initially. A supplemental application will be available to all enrolled students as of October 31, 2020

No. A student only needs to be eligible to file a FAFSA. If Gene Juarez Academy does not have a valid FAFSA on file for you, you will be required to complete an attestation regarding your eligibility along with your application for the emergency financial aid grant.

When the application is available, a link and instructions will be emailed to all eligible students. Applications will be reviewed as they are received, and students will be notified of the status of their application generally within five business days after the due date.

The initial emergency financial aid grant amount will be for $800. The supplemental emergency financial aid grant amount will be calculated after the application is closed. The remaining HEERF allocation will be divided evenly between all eligible applicants.

The emergency financial aid grant checks will be available for pick up at the student’s campus. The student will be required to sign an Award and Acknowledgement form upon receipt of the check. If the student is unable to come into the campus, the student will be required to sign the Award and Acknowledgement form via electronic means and the check will be certified mailed to the student’s address on the application.

Not at all! You just need to have an interest in learning to do hair, meeting new people, and having fun!

The following is a list of expenses that can be considered for the CARES Act emergency financial aid grant if they were incurred in “direct relation to the disruption of campus operations due to the coronavirus.”

  • Food
  • Housing
  • Technology – expenses associated with attending online classes
  • Health care
  • Childcare

The CARES Act stipulates that the emergency financial aid grants cannot be used to pay for student expenses that are not directly related to the disruption of campus operations due to the coronavirus pandemic.

The full amount of the emergency financial aid grants will be given directly to the student, and Gene Juarez Academy will not hold the funds to pay any outstanding balance owed.

No. This funding is not Title IV financial aid, it is emergency relief funding from Congress.

The Internal Revenue Service has released a FAQ which indicates the funds are not taxable since they are “qualified disaster relief payments.”   Please visit the FAQ for additional tax guidance.

CARES HEERF FUND DISCLOSURES

Federal Direct Loan repayment information:

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