Financial Aid

Financial Aid can assist in making the career you've been dreaming of a reality. With so many financial aid options available to those who qualify, choosing the option that works best for you can be a bit overwhelming.  Our Financial Aid Officers are here to guide you every step of the way: from understanding the choices available, to which forms are necessary to fill out.  We are committed to helping you find and navigate every avenue that will assist you in financing your education.

Federal Pell Grant
The Federal Pell Grant Program provides needs-based grants to low-income undergraduate students to promote access to postsecondary education.  All students are entitled to apply for a Federal Pell Grant.  Financial need is determined by the U.S. Department of Education using a standard formula, established by Congress, to evaluate the financial information reported on the Free Application for Federal Student Aid (FAFSA) and to determine the family EFC.

Federal Supplemental Educational Opportunity Grant (SEOG)
This is awarded to those with financial need who have not yet received a bachelor’s degree. Priority is given to students who are already receiving a Pell Grant.

Federal Supplemental Education Opportunity Grant Program (FSEOG)
The FSEOG Program provides need-based grants to low-income undergraduate students to promote access to postsecondary education.  Financial need is determined by the US Department of Education, using a standard formula, established by Congress, to evaluate the financial information reported on the FAFSA and to determine the family’s EFC.

Various Military Financial Educational Assistance
Those who have served in the US Armed Forces have a variety of ways to receive financial educational assistance. For those who meet their requirements, these programs can help with tuition and its affiliated costs, such as books and supplies.  Listed below are some of the available options for assistance to those who have served:

• Montgomery GI Bill – Active Duty (MGIB-AD)
• Montgomery GI Bill – Selected Reserve (MGIB-SR)
• Post 9/11 GI Bill
• Reserve Educational Assistance Program (REAP)
• Veterans Educational Assistance Program (VEAP)
• Survivors’ and Dependents’ Educational Assistance Program (DEA)

Federal Stafford Loans
The Federal Stafford Loan is available through the Federal Family Educational Loan (FFELP).  The student loans program (FFELP) makes higher education affordable and accessible to millions of students and their families.  The FFELP is a public-private partnership created by Congress in 1965 to deliver and administer guaranteed education loans.  The FFELP provides the following types of loans for postsecondary education and training:

• Stafford Loans: This loan represents the largest component of the FFELP, supplying more than $54 billion in aid for education each year.  Subsidized Stafford loans are available to students who demonstrate financial need.  The federal government pays the interest on these loans while the student is in school, during a six-month grace period after the student leaves the school, LDA (last day of attendance), and during authorized periods of deferment.  Unsubsidized Stafford loans are available to students regardless of their financial need; however, the student is responsible for all interest that accrues on the loan.
• PLUS Loans:  Parents can borrow up to the total cost of their children’s undergraduate education, less financial aid from other sources.  Graduates and professional students also may take out PLUS loans. The FFELP annually supplies $9.2 billion in PLUS loans to parents, graduates, and professional students.
  

Florida Prepaid College Board (does not endorse any particular educational institution)

The Florida Prepaid College Plan allows families to prepay the cost of college tuition, required fees and dormitory housing – guaranteed!  The plan covers the actual cost at any Florida public college or university, or you can transfer the value plan to the majority of colleges in Florida, technical schools, and out-of-state colleges.



Vocational Rehabilitation

Vocational Rehabilitation (VR) is a federal-state program that works with people who have physical or mental disabilities to prepare for, gain or retain employment.  VR is committed to helping people with disabilities find meaningful careers.  VR approves the curriculum at Beauty Schools of America^®  to assist students with their financial needs.



Private Loans

There are various private institutions that offer educational loans to help relief the cost of tuition, books, and any additional cost related to your education.  A co-signer may be required by the institution to meet all their requirements.  Interest rates are variable and are usually based on the prime rate or the Treasury Department (inquire with various financial institutions, such as banks for rates).



Payment Plans

Interest free, in-house payment plans are available to assist you in making your education more affordable. 

*NOTE: Some of the aforementioned financial aid assistance available have deadlines that must be met in order to qualify.  For further information please call and make an appointment with one of our Financial Aid Officers.