Financial Aid is available for those who qualify. Federal Student Aid is awarded on a need basis for each applicant. Need is the difference between the cost of your education (education expenses such as tuition, fees, room, board, books, supplies, and other expenses) and the amount the student and his/her family can afford to pay. This is determined by the standard formula established by the U.S. Department of Education. Need is determined by evaluating the information from the Free Application for Federal Student Aid (FAFSA). Factors such as income, assets and benefits are considered in determining the student’s financial needs. Students can receive a copy of Funding Your Education Beyond High School at: http://studentaid.ed.gov/sites/default/files/2012-13-funding-your-education.pdf
Grants typically do not have to be repaid and are usually need-based. Applying for grants is done by completing the FAFSA application at the Financial Aid department or by visiting, www.fafsa.ed.gov. Two types of grants that may be awarded are the Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG):
Low interest rate loans may be available to students. A completed FAFSA application must be submitted to determine loan eligibility. Subsidized Loans are need-based, while Unsubsidized Loans are non-need based. The school participates in the William D. Ford Direct (Subsidized/Unsubsidized/PLUS)
Federal Assistance is available to help students pay for their education and training. You may receive additional Financial Aid information from the Financial Aid department during office hours.
In order to qualify for financial aid, you must meet the following criteria:
Veterans are admitted on the same basis and criteria as other applicants. Students seeking veteran s educational benefits must contact the Veterans Administration (VA) Certifying Official and/or Financial Aid Representative at the campus. Certification of enrollment is made by the VA Certifying Official. Funding from the Veterans Administration may be paid directly to the students by the Veterans Administration office. For other VA funds such as Chapter 33, the funds are sent directly to the school. The monthly stipend, when students are eligible, is paid directly to the students via a check that may be picked up at the campus in which they are attending or a check is mailed. Below is a list of eligible programs offered by the school:
For a list of required documents for students to apply for VA Educational Benefits at Beauty Schools of America® , please contact your Financial Aid representative and/or VA Certifying official at the campus.
The Scholarships for Children and Spouses of Deceased or Disabled Veterans and Service Members (CSDDV) provides scholarship for dependent children or un-remarried spouses of Florida veterans or service members who died as a result of service-connected injuries, diseases, or disabilities sustained while on active duty or who have been certified by the Florida Department of Veterans Affairs as having service-connected 100% permanent and total disabilities. CSDDV also provides funds for dependent children whose parent is classified as a prisoner of war or missing in action by the Armed Forces of the United States or as civilian personnel captured while serving with consent or authorization of the United States Government during wartime service. CSDDV provides a fixed award amount at an eligible public or private postsecondary institution in Florida.
Beauty Schools of America® (BSA) participates in the William D. Ford Federal Direct Loan Program which includes the Direct Subsidized, Direct Unsubsidized and the Direct Parent PLUS Loans. To comply with the Higher Education Opportunity Act of 2008, the institution follows legislated requirements which prohibit a conflict of interest with the responsibilities of an officer, employee, or agent of the school regarding Title IV loans.
The Code of Conduct establishes that:
For more detailed information about Financial Aid and Fiscal Policies, please visit our online school catalog.