Coronavirus Response and Relief Supplemental Appropriations Act, 2021
Higher Education Emergency Relief Fund II (HEERF II)
Reporting for Emergency Financial Aid Grants to Students
The Higher Education Emergency Relief Fund II (HEERF II) is authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260 (December 27, 2020) to provide monetary support for education. Be Aveda Institutes was allocated education stabilization funds under section 314 (a)(4) of CRRSAA.
This Fund Report applies to the student portion received under the Higher Education Emergency Relief Fund II (CRRSAA) that is designated exclusively for emergency financial aid grants to students. The Institute will make these emergency financial aid grants available to students with exceptional need for expenses related to any component of a student’s cost of attendance or emergency costs that arise due to the coronavirus, such as tuition, food, housing, health care (including mental health care) or childcare.
- Be Aveda Institutes acknowledges it has signed and returned to the Department the Certification and Agreement and the assurance that the institution will use the applicable amount of funds designated under the CRRSAA (a)(4) program to provide Emergency Financial Aid Grants to Students.
- Be Aveda Institutes has been allocated $434,458 for OPEID 04119400 cohort group and $588,567 for OPEID 04134800 cohort group.
- Be Aveda Institutes has not distributed any HEERF II grant funds as of June 30, 2021.
- There are 506 estimated total number of students in OPEID 04119400 cohort group and462 estimated total number of students in OPEID 04134800 cohort group that are potentially eligible to participate in Emergency Financial Aid Grants to Students under the CRRSAA (a)(4) program.
- The methodology that will be used by our institution to determine student eligibility to receive the Emergency Financial Aid Grants will be for any student that demonstrates exceptional financial need, such as students who receive Federal Pell Grants. Students who are not eligible to receive Federal Pell Grants may still be eligible for the HEERF II funds depending upon the student certifying that they have been affected by COVID-19 and have need.
- The methodology that will be used to determine the grant amount will be the allocation amount for each OPEID cohort divided by the ultimate number of eligible students under that OPEID cohort.
- Be Aveda Institutes students should contact the Director of their home campus for determinations on the student’s eligibility to receive Emergency Financial Aid Grants and detailed guidance on how to claim their grant funds.