An investment in knowledge pays the best interest! - Benjamin Franklin
Deciding to further your education is an important step in achieving future career goals. After making the decision to pursue a career in a focused course of study at American Trade School; your next step will be deciding how to pay for your education. Our financial aid department is here to help!
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). Thehttp://www.fafsa.ed.gov/ purpose of this form is to collect financial information in order to calculate the expected family contribution (EFC). An EFC will determine a student’s eligibility through computer matches with other agencies. Our financial aid administrators are available to walk individuals through the process of applying for financial aid. The FAFSA is available to view online by CLICKING HERE.
Eligibility for federal student aid is based on financial need in addition to several other factors. The financial aid administrators at American Trade School will determine eligibility based on the results of your FAFSA. Most importantly, make sure to enter our school code on your FAFSA: 041748
Federal Pell Grant
Unlike a student load, a Federal Pell Grant does not have to be repaid. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and non-federal sources may be added. In addition, Pell Grants are awarded to undergraduate students who have not previously earned a Bachelor’s or Professional Degree.
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 must be repaid with interest. A federal student loan allows students and their parents, to borrow money for college. This money is available through loan programs supported by the federal government. In addition, the 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|