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!
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 ®
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%.
The Ability to Benefit Program is a federal program that allows students who do not have a high school diploma to receive federal financial aid for post-secondary education. It is a newer program, created in 2015. To learn more about the Ability to Benefit Program and if you may qualify, you can contact our financial aid administrator.
As an alternative to the Dept of Education financial aid options, we recommend Mountain America Credit Union. MACU is a local Salt Lake City Credit Union offering all types of financial products. They offer one-on-one service. Please contact the student loan department at 1-800-748-4302, or visit their website at www.macu.com to find a branch near you.
FOR ANY FINANCIAL AID OR TUITION RELATED QUESTIONS, PLEASE CONTACT US.
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.
So, you’ve scheduled your tour of our school. We can’t wait to meet you! If you feel a bit nervous, we’ve got you. We want you to have a positive and informative experience with us. Here are a few tips that can help you feel a little more prepared and confident when you show up for your tour!
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As soon as you walk through the doors you'll notice a VERY clean school, beautiful furniture and fresh flowers. Their reception area and staff are friendly, fashionable, and professional. You'll also be offered beverage. Once greeted by your service provider a thorough consultation is given by the student alongside with one of the academy's world renowned instructors. The student body are well dressed, professional and knowledgeable. You will love everything that this academy has to offer. Best cosmetology program in the universe hands down.