HEERF STUDENT PORTION 18004(a)(1) QUARTERLY REPORT (AS OF SEPTEMBER 30, 2020)

1. The Skin Institute, LLC has signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.

2. The total amount of the funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to Students (this includes the student portion only):
$62,418

3. The total amount of the Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of submission (i.e., as of the 30-day report and every quarter thereafter):
$62,408

4. The estimated total number of students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act:
58

5. The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act:
58

6. Student Eligibility: Only students who are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA) may receive emergency financial aid grants. A student that has filed a Free Application for Federal Student Aid (FAFSA) has demonstrated eligibility to participate in programs under Section 484 of the HEA. Students must be actively attending or on an approved leave of absence which started after March 18th, 2020 and is due/related to the coronavirus COVID-19 outbreak.

Determination of award: Each student who was (1) eligible for financial aid (2) currently enrolled at Skin Institute AND (3) currently attending classes at the time of closure due to the coronavirus COVID-19 outbreak received a check. Each student who met all of the above criteria was awarded the same amount ($1,076 each). This amount was determined by taking the total amount received for the student portion divided by the number of students eligible and rounded to the nearest dollar amount.

7. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

Students were given the following written instructions on the private Facebook group page for Skin Institute Students only and they were also given the same instructions verbally from the Financial Aid Director.

“To all students who were attending class on March 18th, 2020 (Important):

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress with overwhelming, bipartisan support and signed into law on March 27th, 2020. As part of the CARES Act, Congress set aside approximately $14.25 billion of the $30.75 billion allotted to the Education Stabilization Fund through the CARES Act for the Higher Education Emergency Relief Fund (HEERF). The Department will award these grants ¬to institutions of higher education (IHE). This will provide emergency funding to higher education and students.

Of the funds that were provided to Skin Institute, half of the funds must go directly to students. Skin Institute will be distributing the student’s portion of the funding evenly to all students who are eligible, enrolled, and attending class as of March 18th, 2020 when Skin Institute closed due to COVID-19. Skin Institute will keep records in student’s files and ledger cards stating the students received the check and the amount.

The Department of Education states that emergency financial aid grants under Section 18004(c) of the CARES Act may only be given to those who are or could be eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA), but emphasizes that that guidance is specific to the distribution of emergency financial aid grants and does not apply to the use of HEERF institutional allocations to cover any costs associated with significant changes to the delivery of instruction due to the coronavirus.

Skin Institute will report to the United States Department of Education within 30 days of the disbursements to the students with the amount each student received.

Who qualifies and how do I receive my check?

-You will receive your check directly from Skin Institute. We have checks written out for every student who was attending classes on March 18th, 2020 when we closed for COVID-19.
-Students who graduated after March 18th, 2020 do qualify and will be receiving a check. If you were on Leave of Absence at the time of closure or currently on leave, you will receive a check.
-If you graduated on March 18th, 2020 you do qualify. If you graduated before March 18th, 2020, you do not qualify.
-If you were in attendance on March 18th, 2020 but withdrew from class, you do qualify.
-You must call the school to make an appointment with Tony to come in to get your check. Please do not just show up. You must come into school to receive your check. We will not mail them out to any student.
-If you are concerned about coming due to COVID-19, Tony can meet you outside to fill out the paperwork.
-No one can pick up the check for you. This check goes only to the student.
-An attestation form must be signed by you before a check is given. We need this for our records. You can request a copy for your records at the time of receiving the check. Students must either complete the Free Application for Federal Student Aid (FAFSA®) or the school will require all eligible students to sign an attestation that they meet the following eligibility requirements:
1. demonstrate financial need (for most programs);
2. be a U.S. citizen or an eligible noncitizen;
3. have a valid Social Security number (with the exception of students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau);
4. be registered with Selective Service, if you’re a male (you must register between the ages of 18 and 25);
5. be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program;
6. be enrolled at least half-time to be eligible for Direct Loan Program funds;
7. maintain satisfactory academic progress in college or career school;
8. sign the certification statement on the Free Application for Federal Student Aid(FAFSA®) form stating that
9. you are not in default on a federal student loan,
10. you do not owe money on a federal student grant, and
11. you will use federal student aid only for educational purposes; and
12. show you’re qualified to obtain a college or career school education by
13. having a high school diploma or a recognized equivalent such as a General Educational Development (GED) certificate;
14. completing a high school education in a homeschool setting approved under state law (or—if state law does not require a homeschooled student to obtain a completion credential—completing a high school education in a homeschool setting that qualifies as an exemption from compulsory attendance requirements under state law);
15. or enrolling in an eligible career pathway program and meeting one of the "ability-to-benefit" alternatives described below.

We hope this grant money will help all of our students during a time of uncertainty. This is not a loan. You do not have to pay this back to Skin Institute or the Department of Education.

Our receptionist will be calling all students who graduated/withdrew or on Leave through out the course of the day.

If you have any questions feel free to email me at [email protected].”

THIS QUARTERLY POSTING IS THE FINAL REPORT THAT COVERS ALL REMAINING HEERF FUND EXPENDITURES FOR SECTION 18004(a)(1) STUDENT PORTION FUNDS.