Federal Student Aid Information
FEDERAL PELL GRANT
Grants are financial aid awards that do not require repayment. Grants are available to eligible students and are usually based upon financial need.
DIRECT SUBIDIZED LOAN
Direct subsidized loans must be repaid with interest. The U.S. Department of Education pays interest while borrower is in school and during grace and deferment periods. Student must be enrolled at least halftime and have financial need. Current interest rate is 4.29%. Visit StudentAid.gov/interest for latest information on interest rates.
DIRECT UNSUBSIDIZED LOAN
Direct unsubsidized loans must be repaid with interest. The borrower is responsible for all interest. Student must be enrolled at least halftime; financial need is not required. Current interest rate is 2.75%. Visit StudentAid.gov/interest for latest information on interest rates.
DIRECT PLUS LOANS
Direct PLUS loans must be repaid with interest. Parents of dependent undergraduate students may apply for Direct PLUS loans up to the total cost of attendance, minus any other financial aid the student receives. The borrower is responsible for all interest. Student must be enrolled at least halftime; financial need is not required. Current interest rate is 5.3%. Visit StudentAid.gov/interest for latest information on interest rates.
Important Links
FAFSA (FREE APPLICATION FOR FEDERAL STUDENT AID)
Students must complete a FAFSA to determine their eligibility for Pell Grants and/or Federal Student Loans. When completing the FAFSA, you must put our School Code on it, in order for your information to be sent to the Financial Aid Office at our School. Our School Code is: 010903.
*You must first create a FSA User ID and Password in order to complete the FAFSA, you can create this by going to:
STUDENT LOAN INFORMATION / MASTER PROMISSORY NOTE / LOAN COUNSELING
This website is utilized to get information regarding student loans, to sign a MPN (Master Promissory Note) and to complete Loan Counseling. Students must sign a MPN and complete Loan Counseling in order to receive a Direct Student Loan. Parents must also complete a MPN, if they are choosing to take out a Direct Plus Loan for Parents. Students and parents must use their personal FSA User ID and Password to log in and complete these processes.
DEPARTMENT OF EDUCATION
This website provides students and parents additional information regarding Federal Direct Student Loans, Direct Plus Loans for Parents, as well as Federal Pell Grants.
NET PRICE CALCULATOR
The Net Price Calculator is a tool that you can use to estimate your “net price” to attend a particular college or university. Net price is the difference between the “sticker” price (full cost) to attend a specific college, minus any grants and scholarships for which you may be eligible.
CAMPUS SECURITY POLICY / CRIME STATISTICS
Our annual School’s report regarding campus crime and fire data.
SEXUAL MISCONDUCT POLICY
Our School’s policy and procedure, should an incident of sexual misconduct occur on campus.
Sexual misconduct is a form of discrimination based on sex or gender that violates Federal Title IX regulations.
STANDARD OCCUPATIONAL CODE (SOC CODE)
For information regarding Hairdressers, Hairstylists, Cosmetologists, and Skincare Specialists occupations please visit the links below:
Cares Act Quarterly Budget and Expenditure Reporting
CARES Act – HEERF Student Grant Disclosure
HEERF II Grant Funds for Students
HEERF III Grant Funds for Students
HEERF Quarterly Budget and Expenditure Reporting
Responsibilities
- Be enrolled or accepted for enrollment as a regular student in an eligible certificate program
- Maintain satisfactory academic progress to receive financial aid (see the School Catalog, link below)
- Sign statements on the Free Application for Federal Student Aid (FAFSA) stating that you are not in default on a federal student loan and do not owe money on a federal student grant and you will use federal student aid only for educational purposes
- Notify the Financial Aid office of any change of name, address, telephone number, Social Security number, or school enrollment status
- Notify the Financial Aid office of any changes in your financial situation
- Notify the Financial Aid office of any outside scholarships, grants or other source of assistance
- Comply with all financial aid deadlines
- Be registered with Selective Service, if you’re a male (you must register between the ages of 18 and 25)