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CARES Act Report

The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed by Congress and signed into law to provide economic relief from COVID-19.

Higher Education Emergency Relief Funds

One section of the CARES Act established the Higher Education Emergency Relief Fund (HEERF) and awarded money for schools to use for emergency financial aid grants directly to students for expenses related to the disruption of campus operations due to the COVID-19 pandemic.

Awarded Money for schools

Pivot Point Academy CARES Act Quarterly Budget and Expenditure Reporting June 2021 – Final Report

Pivot Point Academy CARES Act Quarterly Budget and Expenditure Reporting March 2021

Pivot Point Academy CARES Act Quarterly Budget and Expenditure Reporting December 2020

Emergency Financial Aid Grants to Students

Pivot Point Academy Emergency Relief Funds

Pivot Point Academy has acknowledged, signed, and returned to the Department the Certification Agreement and the assurance that Pivot Point Academy intends to use no less than 50% of the funds received under Section 18004(A)(1) of the Cares Act to provide emergency Financial Aid Grants to students.
$82,824

The amount that Pivot Point Academy has been approved for by the Department is pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to students.
$82,824

The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of 09/12/2020.
79

Is 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.
79 students

Is the total number of students who have received an Emergency Financial Aid Grant under Section 18004(a)(1) of the CARES Act as of 09/12/2020.

Note: All HERF funds allocated to the institution have been fully disbursed and these disclosures are final.

The institution determined that 79 eligible students that were enrolled in an approved Title IV program were equally affected by the COVID-19 pandemic.

These programs include:

  • Cosmetology
  • Barber
  • Esthetics
  • Teacher Training 1000 hours

The method used by Pivot Point Academy for the purpose of determining the amount students should receive from the Emergency Financial Aid Grants was calculated by the total of the funds available for students divided by the number of eligible students.

Based on this calculation each student could receive up to $1048.41 under the CARES Act.

Student Guidance

These funds will be made available to ALL active students eligible to receive financial aid, that has incurred costs related to the disruption of campus operations due to the coronavirus pandemic.

To be eligible for these funds, you MUST have completed a 2019/2020 FAFSA, OR complete one to determine your eligibility.

Once your 2019/2020 is completed and your eligibility is confirmed, you will be emailed a form requesting reimbursement of costs related to the disruption of on-site education due to the COVID-19 pandemic.

Note: If you are already receiving financial aid, you will be emailed a form requesting reimbursement for submittal.

Testimonials

  • I was recently at your Bloomingdale location this past Saturday.  Christopher cut my hair as well as did a color correction w/high lights.  Even though I was there for 5 hours he took his time to make sure that the job was being done right and asked instructors for feedback etc when needed.

    Well, the outcome came out FANTASTIC. I posted my picture on my Facebook as well as my personal weight watchers profile and I was bombarded with so many likes saying how cute the color/cut came out and how it complements my newly thinned out features.   I went drastic with a modified pixie cut and I went for it 🤣!!

    I’m hoping that Christopher is available the next time I go for a trim and touch up 😊😊

    Linda B.

    I chose pivot point intentionally because I’ve always loved makeup. Going through all the phases and learning all the curriculum I’ve never been so happy to become a well-rounded hairstylist knowing all techniques and learning all different hair types. I’ve never been so blessed to be working at Sharon Daniel Salon to further my career and make everyone feel beautiful!

    Alissa M.
  • I chose Pivot Point because of its professional but fun atmosphere. I feel that they took cosmetology as seriously as I did but everyone was still warm and welcoming! I am now working at a Redken elite salon in Chicago and I feel like I’ve found a home in my rising salon!

    Mikey D.

    Pivot Point Academy is not only a school, it is a home. This place helped me branch out into a whole different person. I tried things I never knew I would try and accomplished so much more than I would’ve ever thought. Pivot Point allowed me to find another home at Sorelle Salon in Bartlett. I am a full-time stylist now doing hair, makeup, spray tans, lash extensions, lash lifts, and nails! This industry offers so much and Pivot Point helped me realize beauty is unstoppable!

    Gabby B.
  • I chose Pivot Point Academy because I wanted a supportive, family-like school. I knew from the minute I toured the academy; I was home. The educators were amazing, my classmates were always cheering me on and the rest of the team always had my back. I knew going to Pivot Point I would have the best cosmetology education and opportunities following graduation. I was given all of that, plus so much more.

    Savannah F.

    I chose Pivot Point because it had always been highly recommended to me and frankly; no other school compared. I felt welcomed and at home right away, so I knew it was the right choice. After graduating from Pivot Point, I was able to come across an amazing job opportunity at The Mixx Hair Salon where I am now a full-time hairstylist and lead makeup artist.

    Nathaly L.