If you are unable to meet educational costs on your own, financial assistance is available to those who qualify. The American College of Healthcare and Technology Financial Aid Department can explain several tuition financing options, including federal and state grants and loans.

Our team will help you from start to finish with understanding your financial aid options.

To apply for financial aid under the federal programs listed below, a student needs to complete and submit a Free Application For Federal Student Aid either online, by PDF or by paper.

Click HERE to submit a FAFSA online.

American College of Healthcare and Technology is designated as an eligible institution by the U.S. Department of Education (“DOE”) for participation in the following federal financial aid programs:

  • Grants – Financial Aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund)
  • Loans – Borrowed money for college or career school; you must repay your loans, with interest
  • Work-Study – A work program through which you earn money to help you pay for school

Read additional information below or go to http://studentaid.ed.gov for more detailed information. Once again, we recommend stopping by our campus to discuss your possible financial aid options.

Federal Pell Grant Program

The Federal Pell Grant Program is intended to allow eligible students financial access to the school or college of their choice. For eligible students, Federal Pell Grants are the “floor” or base upon which all other federal student financial aid is built. Current year awards range from $400 to $5,000+. The amount a student may receive depends on the student’s family’s financial situation, the student’s full- or part-time enrollment status and how much of the student’s remaining education at the school falls within the current federal award year (July 1 through June 30). In order to be eligible for a Federal Pell Grant, a student may not have previously received a bachelor’s degree from any institution.

Federal Supplemental Education Opportunity Grant (FSEOG) Program

The Federal Supplemental Educational Opportunity Grant Program (FSEOG) provides assistance to exceptionally needy undergraduate students. A priority must be given to Pell Grant recipients with the lowest expected family contributions (EFCs). The federal rules permit an eligible student to receive a FSEOG award of $100 to $4,000 for each of the student’s academic years of study. A student’s eligibility for FSEOG funds is determined annually.

Direct Subsidized Federal Stafford Loan Program

These loans are available to eligible students enrolled at least half-time in an eligible institution, and are based on the financial need demonstrated by each student. An undergraduate student may borrow up to $3,500 for the first academic year and $4,500 for the second academic year. The loan amounts will be pro rated for academic years of less than nine months. A student must repay his or her Direct Subsidized Federal Stafford Loans based on the amount borrowed, but no less than $50 per month, beginning six months after graduation or termination of studies.

Direct Unsubsidized Federal Stafford Loan Program

These loans are available to eligible students enrolled at least half-time in an eligible institution and who do not demonstrate financial need. Under this program, an undergraduate student who is classified as:

(a) independent or (b) dependent and whose parents fail to qualify for a Direct Federal PLUS Loan, may borrow up to: $3,500 combined of Direct Subsidized and/or Unsubsidized Federal Stafford Loans, plus $6,000 additional Direct Unsubsidized Federal Stafford Loan for the first academic year; $4,500 combined of Direct Subsidized and/or Unsubsidized Federal Stafford Loans, plus $6,000 additional Direct Unsubsidized Federal Stafford Loan for the second academic year; or dependent and whose parents are not rejected for a Direct Federal PLUS Loan may borrow up to: $3,500 combined of Direct Subsidized and/or Unsubsidized Federal Stafford Loans, plus $2,000 additional Direct Unsubsidized Federal Stafford Loan for the first academic year; $4,500 combined of Direct Subsidized and/or Unsubsidized Federal Stafford Loans, plus $2,000 additional Direct Unsubsidized Federal Stafford Loan for the second academic year.

This loan was created so that any student, regardless of income, would be able to obtain a Federal Stafford Loan. The terms and conditions of the unsubsidized loan, including deferments and loan charges, with few exceptions, are the same as the Direct Subsidized Federal Stafford Loan described above. However, a student must pay the interest on any Direct Unsubsidized Federal Stafford Loan during the time that the student is in school and during any deferment period.

Direct Federal PLUS Loan Program

Direct Federal PLUS Loans are for parent borrowers. Direct Federal PLUS Loans enable parents to borrow the cost of the student’s education, less other aid received by the student. Direct Federal PLUS Loan borrowing is limited to parents with a favorable credit history.

Need Help Completing your Free Application for Federal Student Aid (FAFSA)?

The Financial Aid Office at American College of Healthcare and Technology offers FREE one-on-one assistance with completing your FAFSA. Make an appointment today by contacting us. It only takes a small amount of time to make a big impact on getting your application started.