FINANCIAL AID

National Career Institute is eligible to participate in the following Financial Aid Programs:

PELL GRANT
Pell Grants are awarded to help finance tuition and fees while attending National Career Institute. The applicant must be a U.S. citizen, or an eligible non-citizen. You must be enrolled in a program of at least 600 clock hours in duration. You must be registered with Selective Service if you are a male who is at least 18 years old and born after December 31, 1959 and who is not a current member of the active Armed Forces. The applicant cannot be in default on a student loan or owe a repayment on a Pell Grant from a previous institution. Finally, the applicant cannot hold a Bachelors Degree. Students applying for a Pell Grant must meet eligibility requirements in accordance with regulations set forth by the U.S. Department of Education. Awards will depend on both the costs of education and your eligibility index. An index is based on factors such as family income and assets, family size, and number of postsecondary students in your family.

STAFFORD LOANS (DIRECT LOAN)
Stafford Loans (Direct) are for undergraduate, graduate and professional degree students. You must be enrolled as at least a half-time student to be eligible for Stafford Loan. There are two types of Stafford Loans: subsidized and unsubsidized. You must have financial need to receive a subsidized Stafford Loan. The U.S. Department of Education will pay (subsidized) the interest that accrues on subsidized Stafford Loan during certain periods. Financial need is not a requirement to obtain an unsubsidized Stafford Loan. You are responsible for paying the interest that accrues on unsubsidized Stafford Loans. Median loan debt incurred by the student who completes the program is:
Subsidized = $3,500 and Unsubsidized = $5,588.

PLUS LOANS
PLUS Loans are loans parents can obtain to help pay the cost of education for their dependent undergraduate children. In addition, graduate and professional students may obtain PLUS Loans to help pay for their own education.


To apply for Financial Aid online, please visit http://www.fafsa.ed.gov and complete a Free Application for Federal Student Aid.

For estimated net price information use the NET PRICE CALCULATOR