The excitement you feel about going to beauty school can be undermined by the stress of not knowing how you are going to pay for it. Thankfully, financial aid is available to those who qualify. See how you can apply for financial aid as part of your enrollment process to PJ’s College of Cosmetology in Indiana and Kentucky.
Start the financial aid process by filling out the Free Application for Federal Student Aid (FAFSA®). When you fill it out, you will need to enter the code for the school you plan on attending. PJ’s school codes are:
Filling out the FAFSA® will help determine whether you qualify for a grant or loan from the government.
A Federal Pell Grant is money that does not have to be repaid, except under certain circumstances. Qualifying for the Pell Grant is based on financial need. Read more about the Pell Grant.
Federal Direct Subsidized loans are available to undergraduate students who demonstrate financial need. The interest is paid by the federal government while students are in school, and then interest begins accruing at the time students cease full-time enrollment. Regular payments begin six months after the student ceases enrollment. A fixed interest rate is established annually by the U.S. Department of Education. Read more about the Federal Subsidized Loan.
Unsubsidized Direct loans are available for students to borrow for additional education costs. With the exception of demonstrating financial need and undergraduate status, borrowers must meet all eligibility criteria of the Federal Subsidized Direct loan program. Interest payments begin immediately after the loan is fully disbursed or may be added to the principal balance. Generally, you may choose to make interest payments on the loan while you are in school or have the interest added to your principal balance (capitalized) when your repayment schedule begins. Regular payments begin six months after the student ceases enrollment. Interest rates are fixed and established annually by the U.S. Department of Education. Read more about the Federal Unsubsidized Loan.
Federal Parent Loans for undergraduate students provide additional funds for credit-worthy parents to help pay for their student’s educational expenses. If a parent has no credit or poor credit history, they may still qualify for a loan by applying with a credit-worthy endorser. They can be combined with other financial aid resources and cannot exceed the student’s cost of education. Interest rates are fixed and established annually by the U.S. Department of Education. Repayment begins immediately after the loan is fully disbursed. Read more about the Federal Parent Plus Loan.
Scholarships offer money that does not have to be paid back and is used to pay for all or part of a student’s education. Many people may apply for a scholarship, but only a select few will receive it, and the recipient of the scholarship is often chosen based on merit rather than financial need. You can apply for outside scholarships that are related to the beauty industry, such as:
Searching the internet is a good way to find other scholarships that you can apply for.
You can also apply for scholarships that come directly from PJ’s College of Cosmetology. More information can be found on our Scholarships page.
Some people who are enrolling in school may be eligible for veterans benefits. Learn more about applying for VA education benefits or call 1-888-442-4551 to have an application form mailed to you or for additional questions.
Most U.S. citizens or eligible non-citizens with a high school diploma or GED can apply for federal financial aid. Your eligibility is based on several factors, such as financial need, enrollment status, and whether or not you meet the general eligibility requirements outlined by the U.S. Department of Education.
Yes, you may be eligible for financial aid if you are a full-time student or a part-time student. Shorter programs, such as the Nail Technician or Nail Technology program, may not be eligible for financial aid. Contact us if you have questions about financial aid and the program you want to enroll in.
Get information about what scholarships may be available to students who qualify by filling out the form on our Scholarships page.
© 2024 PJ’s College of Cosmetology. All Rights Reserved. Site by Oozle Media Privacy Policy Terms of Use