
The
Federal Pell Grant Program (FPELL) - The Federal Pell Grant Program provides grants to students who do not have a Bachelor’s degree. The amount of the grant is dependent upon the financial condition of the student, their spouse or their parent(s) if dependent and the student’s enrollment status. Amounts of the award may vary from year to year.
The
Federal Supplemental Educational Opportunity Grant Program (FSEOG) - The Federal Supplemental Educational Opportunity Grant Program (FSEOG) is awarded from a pool of very limited funds provided by the Federal government each year that provides assistance to extremely financially needy students.
The Federal Stafford Student Loan Program (FFELP) - The Federal Stafford Student Loan enables one to
borrow directly from a bank, credit union, savings and loan association,
or directly from the U.S. Department of Education. The loan is insured
by the Federal Government. Repayment is a minimum of $50.00 per month,
starting six months after graduation. The interest on these loans
is below market rate, and determined by the Federal Government. There
are both subsidized and unsubsidized loans. The government pays the
interest on subsidized loans while the student is in school.
The Federal Parent Loan for Undergraduate Study (FPLUS) Loan Program - The Federal Parent Loan for Undergraduate Study (FPLUS) Loan Program Federal PLUS loans are for parents who want to borrow to help pay for their dependent children’s education. PLUS loans provide the funds for educational expenses and are made by a lender such as a participating bank, credit union, or savings and loan association. Whereas, the bank does evaluate the parent’s credit, the evaluation is more limited than a normal commercial loan.
Parents can click on the following link to do a pre-application to try the evaluation and see if their application would be approved. Parent PLUS
Veteran’s Education Benefits - Veterans Educational Benefits through the Veteran’s Administration may pay monthly educational allowances to qualified veterans or dependents of veterans to help defray the tuition and other costs. For further information, contact the Veteran’s Administration or the Admissions Office at Vatterott College. Not all training programs are approved by the Veteran’s Administration for Veteran’s Benefits. Check with the Financial Aid Office at your campus. PLEASE NOTE: THE STUDENT IS RESPONSIBLE FOR PAYMENT OF THEIR TUITION, NOT THE VETERAN’S ADMINISTRATION.
For more information on the above programs, please click here.
Government
and State Sponsored Programs - Government sponsored programs such as Vocational Rehabilitation, Work Incentive Act, Job Training Partnership Act, The Older American Act, the Trade Readjustment Act, and the Indian Education Bureau are accepted at Vatterott College.
More Government and State Sponsored Programs
Other Scholarships and Financial Aid resource
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