Financial Aid

Applicants who are accepted into the Academy programs may apply for Federal Financial Aid to cover their educational costs. With some basic information, the Financial Aid Director can tell you if you qualify for financial aid. You may be eligible for the following financial aid programs:

Pell Grant

Money given to you by the Federal Government to help you pay for your tuition. Since these are grants, they do not have to be repaid.

Qualifications & Terms

Pell Grants are available for undergradute and vocational students enrolled or accepted in participating schools.

  • The maximum amount is $5350.
  • Must be accepted into current school year to apply.

Student Loans

The Stafford Loan is a Federally guaranteed, subsidized student loan. These are long term, low interest loans.

Qualifications & Terms

Every loan offer is based on an individual basis and need.

  • The maximum amount is $3500.
  • The Unsubsidized Stafford Loan has a maximum of $6,000.00 per academic year.
  • You make no payments on these loans until you have been out of school for six months.

Parent PLUS Loan

The Federal Parent PLUS Loan helps parents and guardians with good credit borrow up to the cost of attendance for their undergraduate children.

Qualifications & Terms

Parent PLUS Loan funds can be used for tuition, supplies, housing, and more.

  • The maximum amount is up to the cost of attendance.
  • Flexible repayment options and deferred payment for financial hardship
  • 0.25% interest rate discount when enrolled in auto-debit

Private Educational Loans

These loans are for students who do not qualify for all or part of the Federal programs. These loans are credit based, and have similar repayment options as the Federal loan programs.

Qualifications & Terms

If you are in a continuing education program to further your education or enhance your career

  • Students may need a co-signer to qualify for these loans.
  • Low interest rates and fees.
  • Flexible repayment options.

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