Financial Information

The Glen Dow Academy is nationally accredited and Federally funded, using the FAFSA form to apply for financial aid to qualifying students. A copy of the previous year's taxes will be requested as proof of income from the student, and often times, from the parents as well. Students may apply online at www.fafsa.ed.gov. The school code is #009739, or forms are available here at the school.

Unlike many institutions that expect students to find their own way to pay for their education, the staff at Glen Dow Academy will assist you in every way. GDA is only one of a few cosmetology schools in the Inland Northwest that offers Title IV Financial Aid. Dawn Babb in our Financial Aid Department will do everything from guiding you through all the financial aid and loan options, to going over private loan options with you.'

Entrance and Exit Interviews

Completing entrance and exit counseling is a requirement by Glen Dow Academy and The Department of Education. Please visit http://www.studentloans.gov for more information.

Available Financial Aid

Grants

Glen Dow Academy is a school that is approved by the US Department of Education. This means funding can be available through PELL and WSNG Grants to those who qualify. Students must meet certain criteria to be eligible for these grants, which do not have to be repaid.

Stafford Student Loans

These are low interest loans that can only be offered by schools like Glen Dow Academy, which is approved by the US Department of Education. You must begin loan payments six months after you complete your course of study, or terminate it. You have up to 10 years to repay the loan, with payments as low as $50 per month. And you don't need a perfect credit rating to apply!

Parent Plus Loan

If a student is still considered a dependant (younger than 24, no children, not married) and their parents are interested in helping them with school expenses, there are also Parent Plus Loans available. These are low interest loans with up to 10 year repayments. Again, the team at Glen Dow Academy will happily provide you with information and assistance.

Contact Dawn Babb, in our Financial Aid Department if you need further assistance or information.

The minimum enrollment requirements are being of 17 years of age and completion of a high school diploma/GED. As a private school, we do have an application process that includes a school tour, interview, and aptitude test. Appointments can be made with Sara Meddock. She will be your first contact at the school.

Disbursement of Financial Aid

Your tuition and fees are automatically paid from your grant awards and/or student loans, any remaining balance will be paid to you by check. If you stop attending classes or withdraw from all of your classes you may be required to repay a portion of your awards. If you must stop attending classes, we urge you to stop by the Financial Aid Office in person before you withdraw, so we can explain how withdrawal dates affect financial aid eligibility and repayment amounts.

Note

Many schools offer loans at much higher interest rates up to 20%, because the school is not approved by the US Department of Education, so be sure to consider this when selecting your school.

Our Financial Aid Office experiences peak times during the months of June/July and September/August. During this time you may experience a longer wait time for completion of Financial Aid. The average time it takes to complete a students financial aid is 3 to 4 weeks.

Our financial aid year starts July 1st and ends June 30th. Attending some courses may put you in two. (2) financial aid award years.

Links / Contacts

Number for help completing the FAFSA - Call 1-800-433-3243
Website and phone for VA - www.gibill.va.gov - 1.888.442.4551
Sites with good info on FAFSA - http://www.finaid.org/ and www.studentaid.ed.gov
Net price calculator - Net Price Calculator
College navigator site - http://thecollegenavigator.com/
Enterance and exit counseling - www.nslds.ed.gov

Downloads / Forms

Info release form
Verification form independent and dependent

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