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| Any student accepted for admission or currently enrolled at Vatterott College may apply for financial aid. Upon completion of all necessary forms, the Financial Aid Office will determine the financial aid award and will finalize the tuition payment plan. Financial aid is available only to those who qualify. All students, regardless of payment options or funding sources, are ultimately responsible for their tuition, fees, taxes, books, and any other costs associated with their education. Receiving financial aid means you are making a commitment to repay loans regardless of whether or not you complete your chosen program. Company tuition reimbursement may be applied at Vatterott College as it is approved by several employers. It is recommended that you check with the Human Resources office of your particular employer for reimbursement policies. |
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The
Federal Pell Grant Program  |
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| The Federal Pell Grant program provides grants to students for each undergraduate year. The amount of the grant is based upon the financial assets of the student and/or the student's parents. Amount of awards may vary from year to year. |
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| The
SEOG Program |
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| The Federal Supplemental Educational Opportunity Grant (SEOG) program is a pool of limited funds that provides assistance to students with exceptional need. |
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| The
Federal Stafford Student Loan |
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| The Federal Stafford Student Loan enables one to borrow directly from a bank, credit union, savings and loan association, or directly from the U.S. Department of Education. The loan is insured by the Federal Government. Repayment is a minimum of $50.00 per month, starting six months after graduation. The interest on these loans is below market rate, and determined by the Federal Government. There are both subsidized and unsubsidized loans. The government pays the interest on subsidized loans while the student is in school. |
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| Federal
Plus Loans |
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| Federal Plus Loans are for parents who want to borrow to help pay for their children's education. Plus loans provide the funds for educational expenses and are made by a lender such as a bank, credit union, savings and loan association, or the U.S. Department of Education. |
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| Veteran's
Educational Benefits |
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| Veteran's Educational Benefits through the Veteran's Administration may pay monthly educational allowances to qualified students to help defray the cost of tuition and living expenses. For further information, contact the Veteran's Administration or the Admissions Office at Vatterott College. Not all training programs are approved for veterans benefits. PLEASE NOTE THAT STUDENTS ARE RESPONSIBLE FOR THEIR TUITION PAYMENTS, NOT THE VETERAN'S ADMINISTRATION. |
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| Government
and State Sponsored Programs |
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| Government sponsored programs such as Vocational Rehabilitation, Job's Training Partnership Act, The Older American Act, the Trade Readjustment Act, and the Indian Education Bureau are accepted at Vatterott College. |
