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Financial Aid Facts
Earning a diploma or an advanced degree is the best investment you can make in yourself and your future. A diploma or degree can open the door to more career choices and increase your earning potential. Allied Health Institute is committed to helping you find every avenue for financing your education. We offer students competitive tuition rates and numerous financial aid options, federal, state, and county aid as well as military funding and self pay options.
- Federal Financial aid is available to all those who qualify.
- Federal Financial Aid is comprised of Federal grants, loans, or a combination thereof.
- The total of all resources of aid, scholarships, grants, loans, etc., cannot exceed the total cost of attendance, and in some cases, is limited by need.
- Military funding is available to those who qualify.
Military Financial Aid
Allied Health Institute is an approved for various types of Military Aid. Click here to link to AHI Military Section for further information regarding different military financial aid programs.
Types of Financial Aid
You may benefit from federal financial aid as an eligible student pursing your education beyond high school. The Federal Financial Aid plan is available to those who qualify. The different types of federal funding include federal grants and federal loans for tuition in an eligible degree or certificate program.
Federal Student Financial Aid Penalties for Drug Law Violations
The Federal Government is serious about the war on drugs and that why the FAFSA addresses this particular topic directly. Just because you might have made a mistake in the past does not automatically exclude you from receiving Federal Aid. If you aren’t sure if you are disqualified because of your past drug offense history, please see the attached Federal Worksheet.
Federal Pell Grant
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded usually only to undergraduate students who have not earned a bachelor’s or a professional degree. (In some cases, however, a student enrolled in a post-baccalaureate teacher certification program might receive a Pell Grant.) Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added.
Direct Subsidized Stafford Loans
Direct Subsidized Loans are for students with financial need. Allied Health Institute’s Financial Aid Office will review the results of your Free Application for Federal Student Aid (FAFSA) and determine the amount you can borrow. You are not charged interest while you’re in school at least half-time and during grace periods and deferment periods. Grace periods are length of six months after last day of attendance or drop below half-time status.
Direct Unsubsidized Stafford Loans
You are not required to demonstrate financial need to receive a Direct Unsubsidized Loan. Like subsidized loans, Allied Health Institute Financial Aid Office will determine the amount you can borrow. Interest accrues (accumulates) on an unsubsidized loan from the time it’s first paid out. You can pay the interest while you are in school and during grace periods and deferment or forbearance periods, or you can allow it to accrue and be capitalized (that is, added to the principal amount of your loan). If you choose not to pay the interest as it accrues, this will increase the total amount you have to repay because you will be charged interest on a higher principal amount.
Direct PLUS Loans for Parents
Parents of dependent students may apply for a Direct PLUS Loan to help pay their child’s education expenses as long as certain eligibility requirements are met.
FAFSA Free Application for Federal Student Aid
FAFSA (Free Application for Federal Student Aid) is a web based form that will help determine your financial aid eligibility. There are many factors that are involved in determining your financial aid package and FAFSA is the only way to apply for Title IV aid. In order to access the FAFSA please go to www.fafsa.gov and begin the application process. The federal school code for Allied Health Institute is 041359. In order to help the process along, click here to access the FAFSA worksheet.