CORONA UPDATE TO NFPT TRAINERS AND ASPIRING TRAINERS

We are closely following developments, making adjustments and bringing you new information to support the fitness industry and professional trainers.

One thing is CERTAIN: Life still happens, and we can’t stop everything that we do (we just have to do it a little differently, at least for now). As trainers, and aspiring trainers, we can use this time to be productive and come out on the other side of this with more knowledge and more resource than ever before – stay positive. Know that the struggle which stretches us now, builds us up for later.

This page is a resource for:

Addressing the Coronavirus for FitPros

When you are communicating with your clients, or friends and family, about the affects of this virus, be sure to understand it so that you can approach the conversation with knowledge, not conjecture. In this article, learn more about what it is, how to communicate about it, and what best practices are for now and the future.

READ THIS ARTICLE

Immune System Boost

Protect yourself, and explain it to your clients, friends and family, the why’s and how’s when it comes to boosting the immune system. Our body’s go through a 5 phase immune response, and there are definite, researched, and scientifically based methods for building it up in order that it be better prepared to fight!

READ THIS ARTICLE

How and Why to Get Certified at this Time

If you’ve been thinking about being a trainer, now is probably a good time to hunker down and study. You can get through the course and come out on the other side equipped with a credential that will get you farther, faster. As a nation, as a planet of people, we WILL get back to life as normal before we know it – and there will be people who crave community and who have missed being active – this is where you come in!

We want to help you get started, without being a burden to finances, so we started a STAY-AT-HOME SAVINGS with two different options to get started.

NOTE: NFPT test sites are scheduled to re-open on April 17th; however, due to the uncertainty in an official re-open date, NFPT is transitioning to remote exam administration – meaning you can take the test in your home! This is currently underway with an anticipated April 13th availability. Start studying now, and take your exam in your home!

STANDARD PACKAGE DISCOUNTS

OPTION #1: $69 to start. With a no-obligation down payment, we will open your account with all of the Standard Package exam prep resources so that you can start studying. Pay the remainder of your balance ($170) anytime over the next year.  When remote exam administration is available, or the physical exam sites re-open (April 17th 2020), and your balance has been paid, you can set your exam date for either remote testing in your home or physical location administration – the choice is yours!

OPTION #2: $100 OFF of the Standard Package. Choosing this option means that you pay for the package, get the materials, and don’t pay for anything else – including the test, it will already be paid for when you take your test.

We hope this helps and also gives you a positive focus. Contact us at [email protected] with any questions. We look forward to welcoming you to our trainer family!

What to do if you are Ready to Take the CPT-Exam Now

In an effort to keep you safe, and maintain compliance with CDC recommendations, NFPT’s test partner and exam host network (Prometric) will be closing all sites until April 17, 2020, or until further notice.

UPDATE: TEST IN YOUR HOME IS ON THE WAY! We are transitioning to remote proctoring in your home! At this time, we anticipate remote testing by or around April 13th.

If you scheduled your exam before the stay-at-home orders, then you have been emailed by our test vendor with information regarding cancellations and re-scheduling. Of course, you will not be charged for any rescheduling of test dates.

If you have not scheduled your exam already, no worries! We’re giving you more time and not requiring that any of our aspiring trainers take the exam before July 7th 2020. You may schedule your exam as soon as our testing sites are up and running again, or take the exam in your home after we are fully transitioned, you will be notified. Note that you are not penalized for going over your test due date and you will have until July 7th 2020 to reschedule.

CARES Act and SBA Relief Loans

Understand these economic relief options and how to apply.

CARES Act = Coronavirus Aid, Relief and Economic Security Act

News as of April 2nd 2020: The CARES Act is a new federal law that directs $2 trillion in funding COVID-19 relief efforts. This fund may be able to offer you, your business, or your employer with financial assistance. The CARES Act provides assistance to the Individual and to the Small Business in different ways.

NOTE: FOR MOST AMERICANS, no action by application or request is necessary to receive federal government relief funds. The IRS will use data from the most current tax returns or Social Security data to provide a rebate, either via direct deposit (if the information is available) or through a paper check in the mail to the last address on file.

FOR INDIVIDUALS

  • Most individuals earning less than $75,000 will receive $1,200. For married couples earning less than $150,000, each partner will receive a $1,200 check.
    An additional $500 will be given for each child.
  • Direct cash payments will arrive within approximately three weeks via direct deposit if you have set up a direct deposit account with the IRS. The IRS will be communicating about payments via mail, so keep an eye on your mailbox.
  • Payments will decrease for those earning more than $75,000 and will phase out completely for individuals making more than $99,000 and for married couples making more than $198,000.
  • Individuals whose previous income makes them ineligible but who have recently lost their job are not currently eligible to receive the payment. These individuals should be eligible for the expanded unemployment benefits.
  • Any adult who is claimed as a dependent is ineligible to receive a payment. This is often the case for college students.
  • A valid Social Security number (SSN) is required to be eligible. If a spouse or a child uses an individual taxpayer identification number (ITIN) instead of a SSN, the entire family is ineligible for the payment. There is an exception for members of the military.
  • Payments are based on either your 2018 or 2019 tax filings. People who receive Social Security benefits but don’t file a tax return are still eligible.
  • $260 billion is directed to expand unemployment insurance programs.
  • New job seekers and workers who are able to continue working from home are not covered.
  • It also expands unemployment insurance to cover those who are self-employed, freelancers, and “gig economy” workers.
  • The CARES Act extends unemployment benefits for an additional 13 weeks
  • Federal benefits will increase $600 per week through July 2020. This is may be in addition to your State’s current weekly benefit maximum. Check your State’s Unemployment page! All States have response and relief information and are waiting on guidelines from the Federal Government for how to distribute funds.
  • Private insurance plans are required to cover COVID-19 treatments and vaccination when it becomes available.
  • All COVID-19 tests are free.
  • All federal loan and interest payments are deferred through September 30, 2020, without penalty.
  • The package allows schools to convert work-study funds to grants and to continue to pay work-study wages while school is suspended. Check with your school to see if you are still eligible for work-study.

FOR SMALL BUSINESSES

  • This loan helps businesses maintain cash-flow and keep workers on payroll. If payroll is maintained, loans can be forgiven.
  • This program offers up to eight weeks of payroll forgiveness, no Small Business Administration (SBA) fees, and at least six months of deferral with maximum deferrals of up to a year.
  • Businesses impacted by COVID-19 can apply for loans through June 30, 2020, and loans are retroactive to February 15, 2020, in order to help bring back workers that may have already been laid off.
  • Eligible businesses include for-profit businesses and 501(c)(3) organizations with 500 or fewer employees, as well as sole proprietorship’s.
  • This program will provide immediate relief to small businesses with non-disaster SBA loans, in particular 7(a), 504, and microloans.
  • Under it, SBA will cover all loan payments on these SBA loans, including principal, interest, and fees, for six months.
  • This relief will also be available to new borrowers who take out loans within six months of the President signing the bill into law.
  • These grants provide an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL).
  • To access the advance, you first apply for an EIDL and then request the advance.
  • The advance does not need to be repaid under any circumstance and may be used to keep employees on payroll, to pay for sick leave, meet increased production costs due to supply chain disruptions, or pay business obligations, including debts, rent and mortgage payments.
  • The Employee Retention Credit for Employers Subject to Closure or Experiencing Economic Hardship provides a refundable payroll tax credit for 50 percent of wages paid by eligible employers to certain employees during the COVID-19 crisis. The credit is available to employers, including non-profits, whose operations have been fully or partially suspended as a result of a government order limiting commerce, travel or group meetings. The credit is also provided to employers who have experienced a greater than 50 percent reduction in quarterly receipts, measured on a year-over-year basis. The credit is not available to employers receiving assistance through the Paycheck Protection Program. The credit is provided through December 31, 2020.
  • The Delay of Payment of Employer Payroll Taxes allows taxpayers to defer paying the employer portion of certain payroll taxes through the end of 2020, with all 2020 deferred amounts due in two equal installments, one at the end of 2021, the other at the end of 2022. Payroll taxes that can be deferred include the employer portion of FICA taxes, the employer and employee representative portion of Railroad Retirement taxes (that are attributable to the employer FICA rate), and half of SECA tax liability. Deferral is not provided to employers receiving assistance through the Paycheck Protection Program.
  • Resource partners including Small Business Development Centers (SBDC), Women’s Business Centers (WBC), or SCORE mentorship chapters will receive additional funds to expand their reach and better support small business owners with counseling and up-to-date information regarding COVID-19.
  • There will soon be a joint platform that consolidates information and resources related to COVID-19 in order to provide consistent, timely information to small businesses.

RESOURCE DOCUMENTS FOR COVID-19 RELIEF

WHO CAN APPLY?

SMALL BUSINESSES include ALL Businesses with 500 or fewer employees:

  • For-profits and Nonprofits
  • Veteran Organizations
  • Tribal Business Concerns
  • Sole Proprietorship’s
  • Self-Employed and Independent Contractors

WHERE CAN I APPLY?

With any SBA Lender or Federally Insured Credit Union. Note: we use a Huntington Bank PDF download for illustration purposes only, we do not endorse any one source of lending institution.

WHEN CAN I APPLY?

  • Starting April 3, 2020, small businesses and sole proprietorships can apply for and
    receive loans to cover their payroll and other certain expenses through existing SBA
    lenders.
  • Starting April 10, 2020, independent contractors and self-employed individuals can
    apply for and receive loans to cover their payroll and other certain expenses through
    existing SBA lenders.
  • Other regulated lenders will be available to make these loans as soon as they are
    approved and enrolled in the program.

IMPORTANT NOTES:

  • Fill out the CARES BORROWER APPLICATION in order to be prepped and ready to go when you apply with your bank/financial institution (the more prepared you are the better off you will be)
  • You can apply for both an Economic Injury Disaster Loan (through the SBA) and a Payroll Protection Program Loan, but there may be no duplication in the use of funds.
  • The maximum loan amount is 2.5 times your monthly payroll, with a maximum interest
    rate of 4%.
  • A portion of the loan can be forgiven. Subject to certain restrictions, the portion of the loan eligible for
    forgiveness can include payments made during an eight-week period following your loan funding (the
    eight weeks cannot go beyond June 30, 2020) for the following: payroll and benefits, interest payments on
    mortgages, rent payments, health insurance, and utility payments.
  • These will be unsecured loans that do not require personal guarantees.
  • You may be able to defer payments up to 12 months.
  • It is our understanding that these loans are on a first come first serve basis (when the allocated relief funds run out, it may no longer be possible to apply for these SBA relief loans)
  • The Tax Foundation has very specific and detailed FAQs that cover many different scenarios and links to respective state resources
SBA RELIEF LOANS AVAILABLE
CARES LENDER INFO SHEET
PROCEDURES FOR LOANS SECURITY
PAYCHECK PROTECTION INFO SHEET
CARES BORROWER APPLICATION

How To Do Virtual In-Home Training

We are bringing you a webinar series and additional resources for incorporating in-home training into your new routine. This is something that you can offer temporarily, or consider it as an add-on to your training services when we’re all out of crisis mode.

Here’s what we have available to you, please keep checking back for new and updated resources:

WEBINAR SERIES

PERSONAL TRAINERS: HOW TO COME OUT ON TOP

WEBINAR #1: The Basics of Personal Training from Home

WEBINAR #2: Specific Fitness Program Design for the Home

WEBINAR #3: The Business of Online Personal Training

WEBINAR #4: How To Market Your Online Personal Training Services

At this time, we are opening up all of these resources and more to you and your fellow fitness trainers.

Please share the knowledge. Stay safe. Stay well. Stay Positive!

SEE THESE RESOURCES

We’re rooting for you! We’re praying for the industry that we love! And, together, we will get through this – fitness isn’t a trending business, it’ll be here long after this is history. We hope that you and your loved ones are safe and able to find reasons, blessings, and encouragements that turn frowns into smiles.

Stay healthy, stay strong – and stay positive!

attitude