Financial aid is available to all those who qualify.

Arizona Academy of Beauty administer Federal Programs of student assistance. Grants and loans are available from a wide variety of government sources. Here are some of the most utilized programs: Pell Grant Program; Supplemental Educational Opportunity Grant Program; Direct Subsidized and Unsubsidized Loans and Direct Parental Loans. If you are enrolled or accepted for enrollment, and are a citizen or permanent resident of the United States, you are eligible to apply for assistance under these programs. Remember! Grants are “gifts”….Loans must be repaid. For more information and application forms, talk to the Financial Aid office. We encourage students to get in touch as soon as possible, at least 2 to 4 weeks before beginning classes.

Federal Pell Grants

Are available for qualifying students to assist them with their tuition costs. The school’s computerized system will calculate the amount of need you are eligible to receive. The maximum grant available for the 2010-2011 award year is $5,550.00.

Federal Supplemental Educational Opportunity Grants

Can supplement the Pell grant and is awarded to students with exceptional financial need. Your eligibility can be determined after review of your PELL eligibility and amount of Direct Loans.

Federal Direct Subsidized Loans

Allows all students to borrow funds to be used towards the cost of attending an Accredited postsecondary school. Loan amounts may differ, depending upon the individual personal need of each applicant. Your eligibility can be determined by the Financial Aid Officer. Repayment is based on the rate of $50.00 per month beginning 6 months from your last date of attendance.

Federal Direct Unsubsidized Loans

Allows all students, regardless of income, to be able to obtain a student loan. The interest rate and loan limits are the same as for the Federal Family Education Loan Program. The borrower may be responsible for interest that accrues throughout the life of the loan including in-school and deferment periods.

Federal Direct Plus Loans

Allow parents to obtain a parental loan. The parent is the borrower. Applicants must sign a consent to allow for a credit check. The loan amounts are dependent upon the individual need of each applicant. Your eligibility can be determined by the Fianancial Aid Officer. Repayment if based on the amount that is borrowed beginning 45 days after the final disbursement on the loan. This loan will begin repayment while the student is still in school.