Stafford Loans.
Apply online for a student loan at www.studentloans.gov. A Master Promissory Note (MPN) must be completed and loan recipients are required to attend loan entrance and loan exit counseling sessions. Entrance counseling must be completed prior to the student receiving the loan proceeds. Exit counseling must be completed prior to the final loan disbursement or when a student leaves school. Loan counseling can be completed at the website listed above. Contact the financial aid office prior to applying for a student loan for more information. Loans are either subsidized or unsubsidized.
Direct Subsidized Stafford Loan - Based on need and repayment normally beings six months after you leave school. No interest is charged while the student is in school. Maximum amount is $3,500 (1st year) for both independent and dependent students.
Direct Unsubsidized Stafford Loan - Not need based and repayment normally begins six months after you leave school. Borrower is responsible for interest during entire life of the loan. Maximum amount is $9,500 (1st year) less any subsidized money for independent students and $5,500 (1st year) less any subsidized money for dependent students.
Interest Rates - For loans disbursed between 7/1/11 and 6/30/12
Subsidized - 3.4% fixed
Unsubsidized - 6.8% fixed
Interest rates change every year on July 1. For more information contact the Financial Aid Administrator or refer to the website listed above.
Workforce Investment Act funds.
Apply through the One-Stop located in your county. Funds are disbursed according to agency policy.You can apply online at www.onestopohio.com, or call your local One Stop at the number listed below for more information.
Mahoning County One Stop 330-965-1787
Columbiana County One Stop 330-420-9675
Trumbull County One Stop 330-675-2179
Veteran's training.
Career Development Programs are eligible for Veterans Educational Benefits for students who qualify for these benefits. Apply online at www.gibill.va.gov. Paper applications are available in the Financial Aid Office or at area One Stop locations. Once the VA application has been processed and the student enrolled in an approved program, the Financial Aid Office will process a school certification.
Consumer Information:
Information on the school policies regarding a student's rights and responsibilies, available financial assistance, institutional policies, completion/graduation rates, campus security and drug/alcohol abuse policy is available to each new student during the required orientation session. A copy can be requested from the Financial Aid Office. The handbook is also linked from the home page of this website. Click here to view the handbook.
Refund Policy:
Career Training Programs: Upon written notification of withdrawal, students will be refunded the full amount, less a $15.00 withdrawal fee, up to the first class session. During the first week of class, upon written notification of withdrawal, 90% of the tuition will be refunded. During the second week of class, upon written notification of withdrawal, 50% of the Tuition will be refunded. No tuition will be refunded after the first day of the third week of class.
The financial aid administrator is available to answer your questions by calling 330.729.4100
Allow 4-6 weeks to process applications and related paperwork connected with financial aid. |