Disbursement Formula/Funds Distributed

 
Approximately 50 students are eligible for this grant out of a total of 70 students.  Total amount of grant awarded to New York School of Esthetics & Day Spa, Inc was $35,792.00.  Each student covered under the CARES Act will receive $715.84.
 
       How did New York School of Esthetics & Day Spa, Inc. determine which students would receive an Emergency Financial Aid grant under Section 1800(a)(1) of the CARES Act and the amount they would receive?
Given the demographics of our student population and our location in communities hardest hit by the pandemic, New York School of Esthetics & Day Spa, Inc. determined that all of our eligible students had significant need for financial relief, so the Grant was equally distributed and a check was mailed out on July 1, 2020.