Financial aid for students
If you’re a person who wants to study information technology, and you don’t want to obtain a two or four-year college degree, this article is for you.
Vocational schools who are accredited by an accrediting agency affiliated with the US Department of education can offer financial aid. The financial aid to students who want to train and certify for a career in the field of information technology can receive federal financial aid. This financial aid comes from the government and this aid is distributed through the FAFSA or Free Application for Federal student Aid. A typical FAFSA application will provide the option to obtain a federal Pell grant, which is money that doesn’t have to be paid back to the government. Pell grants are given to students who can qualify for the funding provided they meet a set of requirements established by the US Department of Education. Programs offering federal financial aid will have a set number of hours of required study ranging between 600 and 900 hours.
In addition to Pell grants, many states offer training funds through Workforce Opportunity Employment grants. The state workforce grants are in truth money given back to a worker because that worker had a portion deducted from their check to meet state withholding payment requirements.
If we combine the money from the Pell grant with state funding, many students find that 100% of their tuition costs for training, books and supplies is covered.
A good vocational school will also provide job placement assistance, which if used properly will help a student find employment after graduation.
In addition to the funds described above, state departments of rehabilitation have federal money set aside for students who have a disability. State vocational rehabilitation departments have many sources of funding for students with disabilities. If you have a disability, it would be an excellent idea to give your state rehabilitation department a call. A counselor will help you through the process of getting funds for training in the occupation of your choice.
If all grant and state options fail, the government provides loans, which can be spread over a 20 year period. The loan payments are very affordable and if you believe you can work in the information technology industry, this is an excellent way to get started on your new career.
If you need any help contact ABCO Technology