Collectiv Academy is recognized by the U.S. Department of Education as a Title IV participant school. This means we will be able to help students obtain government grants and loans. We know that paying for school is a major obstacle for students. Now virtually every prospective student will be able to attend our program!
Most students are eligible to receive financial aid from the federal government to help pay for college or career school. Your age, race, or field of study won’t affect your eligibility for federal student aid. While your income is taken into consideration, it does not automatically prevent you from getting federal student aid.
The Federal Pell Grant Program provides need-based grants to low-income students. Pell Grants do not need to be repaid! Grant award amounts are determined by factors such as: Parent income (if student is dependent), student income (if student is independent), family’s household size, and other factors. Qualifying students can receive up to $11,280 for our full program!
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Here at Collectiv Academy we are proud to support our veterans and their education. At our academy, we offer U.S. Veterans Affairs educational benefit programs, including the GI Bill®. The GI Bill® was created to help veterans pay for an education after they give service to our country.
Collectiv Academy is not involved in determining eligibility for GI Bill® benefits. All approvals, applications, and correspondence should go through your local Veterans Affairs (VA) office. They will be able to help you determine if you are eligible, what benefits are available to you, and how you could take advantage of them.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs®
*Currently available at our Utah, Cranston, Braintree, and Worcester location
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Students and/or parents can borrow money through the Dept of Ed’s loan programs. These loans are not credit based; everyone qualifies for the loans regardless of credit history. The interest on the loans are paid for by the government while the student is attending classes. No payments are due until 6 months after graduation. The current interest rate on these loans is 6.8%.
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A scholarship is awarded money that pays either some or all your tuition. One of the biggest advantages of scholarships is that they are awarded independently, which means that even if you don’t qualify for other financial aid options, there may still be industry scholarships out there for you!
COLLECTIV Academy offers an Essay Scholarship, applications are available through the admissions office to qualifying students. Scholarships are subject to terms and conditions.
Collectiv Academy is fully accredited and participate in Federal Student Aid programs. To find out what you qualify for, students need to fill out the Free Application for Federal Student Aid (FAFSA). Visit www.fafsa.ed.gov to get started. You will need our SCHOOL CODE: 017313 . Once the FAFSA is complete, a student’s information will be sent to our school. We will then contact you to let you know what options you will have.
FOR ANY FINANCIAL AID OR TUITION RELATED QUESTIONS, PLEASE CONTACT US.
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