HOW TO APPLY FOR FINANCIAL AID

Financial Aid Eligibility Requirements

To be eligible for federal financial aid, you must be: 1) A citizen of the United States or eligible permanent resident. 2) Enrolled in an eligible program. 3) Making satisfactory academic progress toward graduation. 4) Not in default on a financial aid loan nor owe a refund to a financial aid grant received at any postsecondary college or institution. 5) Registered with the U.S Selective Service: If applicable.

First Time Applicants

Completing the Free Application for Federal Student Aid (FAFSA) is the first step in applying for federal and state aid programs. The FAFSA includes all the information necessary to determine your expected family contribution or "EFC". Aid administrators use the EFC to determine your eligibility for financial aid programs. The FAFSA must be completed electronically via the Internet.

FAFSA on the Internet

Beginning January 1, 2003, you may access the electronic version of the FAFSA on the Internet. We recommend that you apply electronically. This process is fast, simple, and hassle-free. Go to www.fafsa.ed.gov.

Renewal Applicants

If you filed a FAFSA, you will be mailed a PIN Mailer (containing your PIN number which can be used to access your renewal application through Renewal FAFSA on the Web), or a PIN Reminder email (if you supplied a correct email address and already have a PIN) or a Paper Renewal FAFSA sent to your permanent address.

Use the PIN number to facilitate filing your Renewal Application on-line. The PIN can be used as an electronic signature for filing the renewal FAFSA, the FAFSA, and for Corrections on the Web. Parents can now apply for a PIN to use as an electronic signature for FAFSA on the web.

PIN Number

Using your PIN allows you (and your parent, if they have a PIN and you're a dependent student) to electronically "sign" your FAFSA. Parents' signatures are now accepted electronically by the federal processor.

If you or your parents do not have a PIN number and would like to file your renewal application on-line, go to www.pin.ed.gov and request that a PIN number be sent to you.

Financial Aid

Primarily, financial aid eligibility is determined on the basis of financial need established by the Free Application for Federal Student Aid (FAFSA) and is used to assist with both direct and associated costs of your education. Financial aid may consist of funding from one or several sources, including federal, state and private agencies. Most financial aid recipients receive a combination "package" comprised of more than one type of assistance.

Federal School Codes:

Career Networks Institute 03242300

View the Financial Aid code of conduct

The school participates in the following Title IV Federal Financial Assistance programs under authorization of the U.S. Department of Education:

Pell Grant (FPELL)
Federal Pell grants are awarded to students who have not earned a bachelor's or professional degree. Because they are grants, funds are not typically repaid (unless you withdraw from school prior to the end of the award period). Eligibility is determined according to need, number of hours in the academic program, and the cost of attendance.

Federal Supplemental Education Opportunity Grant (FSEOG)

The FSEOG is available to new students with financial need and who also qualify for the Federal Pell Grant. Because this is a grant, students are not typically responsible for repayment. The amount of the grant and the number of students who may receive it vary each year depending on the availability of funds from the U.S. Department of Education.

Stafford Loans- William D. Ford Federal Direct Loans

The Stafford Loan program provides educational loan(s) that must be repaid, with interest, even if you do not complete your academic program. Loans may be obtained from the William D. Ford Federal Direct Loan Program. Generally, all students who complete a FAFSA and have not defaulted on any previous federal student loan(s) are eligible for the program. Loans obtained through this program are lower fixed interest rate loans that are insured by the U.S. Department of Education. A student can apply for Stafford Loans through the school's financial aid department.

Federal Subsidized Stafford Loan

The Subsidized Stafford Loan is awarded to students who demonstrate financial need. Subsidized loans do not charge the borrower with interest on the amount borrowed while in school and up through a six month grace period after leaving school. During these periods, interest is paid to the lender by the U.S. government.

Federal Unsubsidized Stafford Loan

The Federal Unsubsidized Stafford Loan allows students to borrow a Federal Stafford Loan who did not demonstrate sufficient financial need for the subsidized version. The same terms and conditions as the Subsidized Stafford Loan apply, except that the borrower is responsible for interest that accrues while she/he is in school and after leaving school. Generally, you may choose to make interest payments on the loan while you are in school or have the interest added to your principal balance (capitalized) when your repayment schedule begins (six months after leaving school).

Federal Parent PLUS Loans

The Federal Parent PLUS loan is available to parents of dependent students with good credit to help pay their child's educational expenses. PLUS loans are not based on need. They can be combined with other financial aid resources and cannot exceed the student's cost of education. Because PLUS loans are unsubsidized, the borrower will be charged interest during periods of deferment (while the student is in school and through the six month grace period after leaving school) and if you choose not to pay interest as it accrues, it will be capitalized (added to your outstanding principal balance).

Alternative (Private) Loans

Students who have exhausted their federal financial aid and who require additional assistance may apply for alternative (private) loans from lending institutions.

Please see the financial aid office or FinAid.org for additional information.

Student Guide

Institutions are required to provide basic information on financial aid programs to all prospective students and currents students. The use of these USDE annual publications by the institution would be in compliance.
http://studentaid.ed.gov/students/publications/student_guide/index.html

Sept 17 Constitution day, reference materials at teaching the constitution

http://www.loc.gov/law/help/constitution-day.php