To provide financial aid grants to students affected by covid-19

The Academy of Cosmetology, Inc., doing business as The Salon Professional Academy-Melbourne, received a $201,073 Formula Grant award from the U.S. Department of Education's Office of Postsecondary Education on February 3, 2021 to provide financial aid grants to students affected by the COVID-19 pandemic through February 2, 2022.

The grant was awarded under the Education Stabilization Fund's Coronavirus Aid, Relief, and Economic Security (CARES) Act program to prevent, prepare for, and respond to the COVID-19 public health emergency. As a Formula Grant, the funding supports providing financial assistance to students for expenses related to the disruption of campus operations due to the coronavirus in accordance with the CARES Act. The grant will aid students at The Salon Professional Academy-Melbourne campus located in Melbourne, Florida during this period of pandemic-related impacts.