Cares Act Information

COVID-19 Information

Because the Coronavirus Pandemic, our schedules and plans have all changed rapidly.  They continue to evolve as our leaders at all levels evaluate how to keep citizens safe. Texas College of Cosmetology will use this page for all updates and information as things change.

As part of the Coronavirus Aid, Relief and Economic Security Act, the Higher Education Emergency Relief Fund (HEERF) provides colleges with emergency grants for their students.

Covid-19 Campus Data

Section 18004(a)(1) Student Portion Public Reporting

January 10, 2021: Quarterly Budget and Expenditures Reporting for Cares Act-Student Portion

-All funds have been dispersed

October 10, 2020: Quarterly Budget and Expenditures Reporting for CARES Act- Student Portion

- All funds have been dispersed.

July 10, 2020:  Quarterly Budget and Expenditures Reporting for CARES Act - Student Portion

- All funds have been dispersed.

May 28, 2020

EMERGENCY RELIEF FUND REPORTING-EMERGENCY FINANCIAL AID GRANTS TO STUDENTS

1.  On May 28, 2020 Texas College of Cosmetology signed and retuned to the Department the Certification and Agreement and the assurance that the institution has not used, or intends to use, no less than 50 percent of the funds received under Section 1800(a)(1) of the CARES Act to provide Emergency Financial Aid to Students.

2.  Texas College of Cosmetology received $241,750 from the Department pursuant to the institution's Certification and Agreement for Emergency Financial Aid Grants to Students.

3.  Texas College of Cosmetology  has or will distribute the following amount of Emergency submission (i.e., as of the 30 -day report and every 45 days thereafter).

4.  Texas College of Cosmetology estimated a total 181 students at the institution(s);(Abilene, San Angelo, Lubbock) who are, or could be, eligible to participate in the Federal student financial aid programs under Section 484 of the Higher Education Act of 1965, as amended, and thus are eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

5.  181 students at Texas College of Cosmetology have or will receive an Emergency Financial Aid Grant to under Section 18004(a)(1) of the CARES Act.

6.  The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants under Section 18004(A)(1) of the CARES Act are listed below.

a. Must have been enrolled in a Title IV eligible programs as of February 21, 2020

b. Students who took a "Leave of Absence" on or after February 21 are eligible.

c. Students who were on a "Leave of Absence" prior to February 21, 2020 and retuned to school after June 1st, 2020 are eligible.

d.  Students who withdrew from the program after February 21, 2020 are eligible if the reason for the withdrawal was related to COVID-19

7.  Texas College of Cosmetology distributed the funds in one disbursement and divided the funds available equally among each student who met the criteria in line 6

a.  Date of original disbursement: June 10, 2020

b.  Total Amount of funds Texas College of Cosmetology received $241,750

c.  Disbursement amount per student: $1,340

d.  Total number of students receiving a disbursement: 181

8.  Each student receiving disbursement has or will also receive a CARES Act acknowledgement letter stating the reason and eligibility to receive such funds.

Section 18004(a)(1) Institutional Portion Public Reporting

Jan 10 2021:    Quarterly Budget and Expenditures Reporting for CARES Act-Institutional Portion

Oct 30, 2020:  Quarterly Budget and Expenditures Reporting for CARES Act-Institutional Portion

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