An investment in knowledge pays the best interest! - Benjamin Franklin
Choosing to further your education is an important step in achieving your future career goals. Once you have made the decision to pursue a career focused course of study, your next step is to decide how you will pay for your education.
American Trade School participates in the Federal Pell Grant and the Federal Student Loan programs.
To be considered for federal student aid, a student must complete and submit a Free Application for Federal Student Aid (FAFSA). It collects financial and other information used to calculate the expected family contribution (EFC) and to determine a student’s eligibility through computer matches with other agencies. A FAFSA can be completed at American Trade School with a financial aid administrator or online at: www.fafsa.ed.gov
Eligibility for federal student aid is based on financial need and on several other factors. The financial aid administrator at American Trade School will determine your eligibility based on the results of your FAFSA. Make sure to enter our school code when completing your FAFSA: 041748
Federal Pell Grant
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or a professional degree. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and non-federal sources might be added.
Federal Student Loans
Will you need a loan to attend American Trade School? If so, you may consider federal student loans. Federal loans are borrowed funds that you must repay with interest. A federal student loan allows students and their parents to borrow money to help pay for college through loan programs supported by the federal government. They have low interest rates and offer flexible repayment terms, benefits, and options.
Beginning July 1, 2010, all new Stafford and PLUS loans will be made under the William D. Ford Federal Direct Loan Program (Direct Loan programs). In the Direct Loan, the U.S. Government is the lender, and loan funds are provided to students through the school.
American Trade School participates in the following federal student loan programs:
|Direct Subsidized Loans||Direct Unsubsidized Loans|
|Direct Plus Loans for Parents||Information on Interest Rates|