Funding-SP

Financial Aid is available for those who qualify...

Federal Pell Grants
The federal financial aid program, which is made available by this school, is the Federal Pell Grant Program. Whether a student is eligible for assistance, and how much, is determined by the need of the particular student. The goal of the school is to help every eligible student receive aid through the Federal Pell Grant when qualified. The amounts awarded may change from year to year due to new appropriations made by the US Congress. The award year is July through June, so you must reapply each year. Applications can be submitted by paper or internet. If you are filing on the internet, your first step is to register for a pin number.

Pell Grant Eligibility
Generally speaking, eligibility for the Pell Grant requires:
U.S. citizenship or permanent residence
Attendance at an approved school which this school is.
Family income which represents low-middle income or less
Students from families with higher income should speak with the financial aid officer at the school since it may be possible to receive a grant due to consideration of family size, more than one student in a post-secondary school, emergency expenditures or other factors.

You can access the Free Application for Federal Student Aid (FAFSA) by logging on to www.fafsa.ed.gov
The school code is: 016596.

Scholarships
Students can apply for the Career Academy of Hair Design Scholarship.
Applications can be picked up at the school.

Students can apply for the Joe Francis Foundation scholarship starting in January. In June, the foundation will choose 16 students across the nation to receive $1000.00. You can apply at www.joefrancis.com
Last year 2 of our students received the Joe Francis Scholarship.
Students are informed of other scholarships from suppliers as they become available.

Student Loans
Students attending Career Academy of Hair Design may apply for low interest-rate loans based on credit history. This loan offers deferred payment for up to 12 months, so our students can concentrate on school and not how to pay for it. Repayment options of 5 years or 10 years with no prepayment penalty. A student may apply for our Career Training Loan at SLM Financial or call the school's administrative office for more information.

Rehabilitation Service
If you have, or have had, a physical or emotional disability, please contact the Arkansas Rehabilitation Services office for possible financial assistance. 479-582-1286

Veterans Benefits
Career Academy of Hair Design has met the standards set forth by the Arkansas Higher Education Commission and the Veterans Administration. Eligible students should contact the VA office for details.

Arkansas Workforce Services-WIA program
Our school is approved for Cosmetology training through the Arkansas Workforce Services-WIA program.