FINANCIAL AID
Introduction
Welcome and thank you for choosing to further your education at Summit Salon Academy – Gainesville. The financial aid page will guide you on completing the required steps and information for completing your financial aid application to see if you qualify for federal student aid. We hope this helps you navigate through the financial aid process and please feel free to contact us with any questions or concerns you may have. Our financial aid staff is always readily available to assist you with all your financial aid needs during normal business hours Monday through Friday.
Eligibility Requirements
Your financial need determines your eligibility for financial aid. Generally, to qualify for federal, state, and/or institutional assistance, you must:
- Have a high school diploma or General Education Development (GED) certificate
- Have a valid Social Security Number
- Demonstrate financial need based on the results of the FAFSA
- Confirm eligibility if you have been convicted of possessing or selling illegal drugs by submitting Student Aid Eligibility Worksheet in your FAFSA application
- Be enrolled in and attending classes. Most financial aid programs require at least half-time enrollment
- Be attending a financial aid eligible certificate program
- Register with the Selective Service System if required
- Maintain Satisfactory Academic Progress in your course of study
- Document any Unusual Enrollment History
- Not be in default on any state or federal grant or loan received at any institution
- Be a citizen or permanent resident of the United States or trust territories
- Certify that you will use federal student aid only for educational purposes
Types of Financial Assistance
The amounts and types of financial aid you receive are determined through federal, state and institutional guidelines. Most federal financial aid is based on financial need. For additional information on Financial Aid Programs go to https://studentaid.ed.gov.
Grants
Are awarded through federal, state and institutional sources and are based on financial need. Grants are regarded as “gift” aid and do not need to be repaid. The Financial Aid Office will verify your eligibility based on the information you provide on your Free Application for Federal Student Aid (FAFSA), the first step in applying for any financial aid.
Scholarships
Are provided through various organizations and corporations, private donors, and sometimes the school itself. Scholarships are regarded as “gift” aid and do not need to be repaid.
Loans
Are offered at low interest rates and can be repaid over an extended period of time. The Financial Aid Office will verify your eligibility based on the information you provide on your Free Application for Federal Student Aid (FAFSA), the first step in applying for any financial aid.
Veterans Benefits
If you served on Active Duty, you might be eligible for education benefits offered by the Department of Veterans Affairs.
For example, the Post-9/11 GI Bill® provides financial support for educational and housing expenses to individuals with at least 90 days of aggregate service after September 10, 2001, or individuals discharged with a service-connected disability after 30 days. You must have received an honorable discharge to be eligible for the Post-9/11 GI Bill®.
If you are currently serving in the military, you may be eligible for funding offered through the Department of Defense Tuition Assistance program. Check your eligibility status and the amount for which you qualify with your Service prior to enrolling.
If you are the spouse or child of a service member who is serving on active duty Title 10 orders in the paygrades of E1-E5, O1-O2, or W1-W2, you may be eligible for financial assistance from the Department of Defense for education, training, and/or the occupational license and credentials necessary for a portable career.
If you are the spouse of child of a service member, you may be eligible for transfer of the service member’s Post-9/11 GI Bill® benefits to you.
For Post 9/11 GI Bill® (Ch 33) students and VA Vocational Rehabilitation and Employment (Ch 31) students, our tuition policy complies with 38 USC 3679(e) which means Post 9/11 and Vocational Rehabilitation and Employment students will not be charged or otherwise penalized due to a delay in VA tuition and fee payments. For eligibility consideration, a Post 9/11 GI Bill® student must submit a VA Certificate of Eligibility (COE) and a Vocational Rehabilitation Student must provide a VAF 28-1905 form. [Please list all additional requirements your school will ask a student to satisfy which are permitted under 38 USC 3679(e)] Please see 38 USC 3679(e) for complete details.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at www.benefits.va.gov/gibill