Flair Beauty College, Valencia, California

May 25, 2020

Flair Beauty College received education stabilization funds under Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), Public Law No: 116-136. This Fund Report applies to the student portion received under the Higher Education Emergency Relief Fund that is designated exclusively for emergency financial aid grants to students.

The institution appreciates that Congress and the President have made these critical funds available for eligible students who have expenses related to the disruption of campus operations due to the coronavirus pandemic. We take receipt of these federal funds seriously and are distributing them in accordance with the CARES Act and implementing guidance.

The institution is making the below information available for transparency purposes and in compliance with the U.S. Department of Education’s (“Department”) Electronic Announcement of May 6, 2020. For questions or concerns regarding this Fund Report, please contact Nick Niknejad, Administrator, at flairbeautycollege@sbcglobal.net

1. The institution signed and returned to the Department the Certification and Agreement [for] Emergency Financial Aid Grants to Students. 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 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 is $65,382.00 The total amount of emergency financial aid grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of this Fund Report is $65,382.00

3. 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 under Section 18004(a)(1) of the CARES Act, as of the date of this Fund Report is 42

4. HEERF I, received on April 25, 2020 for amount of 65,382.00 to all eligible 42 students on the guidelines of the funds and support during COVID. Funds were not to be used to pay the school in any way.

HEERF II, received on February 27, 2021 for amount of $65382 to all eligible 61 students on the guidelines of the funds and support during COVID. Funds were not to be used to pay the school in any way.

HEERF III June 17, 2021 for amount of $43235, to all eligible students. 35 eligible students have received $25,000 as of Dec 31,2021 and from January first 2022 to March 31 2022, eligible of 26 students have received $13,382. 28 eligible students have received $18753,as of April 1, 2022 to June 30, 2022, on the guidelines of the funds and support during COVID. Funds were not to be used to pay the school in any way.

5. The methods used by the institution to determine which students receive emergency financial aid grants and how much they would receive under Section 18004(a)(1) of the CARES Act are provided at https://www2.ed.gov/about/offices/list/ope/caresact.html