An investment in knowledge pays the best interest! - Benjamin Franklin
Deciding to further your education is an important step in achieving future career goals. Once you have made the decision to pursue a career focused course of study; your next step will be deciding how to pay for your education.
American Trade School participates in the Federal Pell Grant and Federal Student Loan programs through the Department of Education.
To be considered for federal student aid, prospective students must complete and submit a Free Application for Federal Student Aid (FAFSA). The purpose of this form is to collect financial information in order to calculate the expected family contribution (EFC). The EFC is used to determine a student’s eligibility through computer matches with other agencies. The 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 in addition to several other factors. The financial aid administrator at American Trade School will determine your eligibility based on the results of your FAFSA. It is important to enter the 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 already earned a Bachelor’s or Professional Degree. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and non-federal sources may 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. These loans have low interest rates and offer flexible repayment terms, benefits, as well as other 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|