Here is an overview of what qualifying students may be eligible for:
Federal Pell Grant
Up to $4310; does not have to be repaid, based on federal "need" formula
(results from FAFSA).
Federal SEOG (Supplemental Education Opportunity
Grant)
Up to $4000 (depending on availability at the school); does not have to
be repaid.
Federal Subsidized Student
Loans
A low interest loan based on need, government pays interest while student
is enrolled "at least half time status" - 6 months grace period before
payments start after student graduates, withdraws or becomes a less than
half-time student - interest free if paid off within the 6 months grace
period; Ten year standard repayment plan - $3500 first year student.
Federal Unsubsidized Student
Loan
Low interest loan for Independent students, interest accrues while student
is in school - same repayment plan as above; $4000 for first year students.
Federal PLUS (Parental Loan
for Undergraduate Students)
Low interest loan; amount can be up to the Cost of Attendance.
Various Private Funding Options
The next step is to Contact Cortiva Institute and let the Financial Aid
department assist you!
Tuition Funding Sources
Not all sources are available at all locations; please check with your
financial aid representative for more information on what programs are
available at your location.
This is a brief description of some of the more common sources of tuition
funding that may be available for those who qualify. A combination of
sources can be used to help students develop a complete tuition payment
plan. Students will be awarded financial aid based on their individual
eligibility. The financial aid representative can help you with applications
and questions.
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scholarships, grants, & gift aid
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federal and private loans
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payment plans
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Federal Grants
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Stafford Federal Subsidized Student Loan
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A student payment plan option is provided for students who have balances
remaining after all other financial aid options have been pursued. Break
down your remaining balance into interest - free monthly payments over
the length of your program.
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Pell and FSEOG grants are based on government and institutional financial
"need" formulas.
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A low interest loan awarded based on need. No interest or payments while
in-school and for 6 months after (grace period). No credit check.
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Federal Work Study
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Stafford Federal Unsubsidized Student Loan
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Funds that are earned through parttime employment to assist students in
financing the cost of tuition. Financial need is determined by the U.S.
Department of Education.
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A low interest loan, NOT awarded on the basis of need, in which interest
accrues immediately but payments that can be deferred until 6-months after
graduation. No credit check.
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Scholarships
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Parent Loans
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Employers
Churches
Clubs
Unions
Foundations
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A low-variable interest loan available to parents of students for Tuition,
Books, Fees, Living Expenses, etc. Credit check required. Co-signer may
be used.
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Agencies
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Sallie Mae
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Veterans Administration Department of Labor Bureau of Rehabilitation Services
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"Career Training Loan" Available to cover Tuition, Books, Fees, etc. Interest
rates vary based on credit history. Co-signer may be required.
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Employer
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Teri Loan
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Reimbursement Some employers will reimburse students for a portion of
tuition costs.
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Available to cover Tuition, Books, Fees, etc. Interest rates vary based
on credit history. Co-signer may be required.
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Documents that will be helpful:
- Your Social Security Number
- Your Driver's License (if any)
- Your w-2 Forms and other records of money earned
- Your (and your spouse's, if you are married) Federal Income Tax
- Return form 1040, 1040A, or 1040EZ, foreign tax return, or tax return
for Puerto Rico, Guam, Samoa, the U.S. Virgin Islands, the marshall Islands,
or the Federated States of Palau
- Your parents' Federal Income Tax Return (if you are a dependent student)
- Your untaxed income records: Social Security, Temporary Assistance to
Families, welfare, or veteran's benefits records
- Your alien registration number or permanent residence card (if you are
not a U.S. citizen)
