Education is an investment in your future.

With multiple ways to fund your schooling, ARROJO Academy works with future professionals to assist in the financing their education. we are committed to finding the best solution to get students started with their financial aid process.

Please note: ARROJO Academy is licensed by the state of New York. ARROJO Academy is accredited by NACCAS and approved to offer TITLE IV funding for the Cosmetology, Barbering and Esthetics programs.

Financial Aid Process

Financial Aid is available to those who qualify. Students are strongly encouraged to begin the application process three months prior to the class start date. Students applying for financial aid must complete a Free Application for Federal Student Aid (FAFSA) application at https://studentaid.gov/h/apply-for-aid/fafsa. Please include all verification documents and appropriate school forms to be considered. The school code for ARROJO Academy is 042231.

Before you apply for the free application for Federal Student Aid (FAFSA), you must create a FSA ID & password. apply for your free FSA ID here: https://fsaid.ed.gov/npas/index.htm

You should have the following information and documents with you as you fill out the FAFSA:

Your Social Security number
Your parents’ Social Security numbers if you are providing parent information (Not sure whether you will need to put your parents’ information on the FAFSA? Check out “Am I Dependent or Independent?” at www.studentaid.ed.gov/pubs)
Your driver’s license number if you have one
Your Alien Registration Number if you are not a U.S. citizen
Federal tax returns applicable to the financial aid award year of the FAFSA application, including IRS W-2 forms for you (and your spouse, if you are married) and for your parents if your application requires parents’ information.
Records of your untaxed income, such as child support received, interest income, and veterans’ non-education benefits, for you and for your parents if you are providing parent information.
Information on cash; savings and checking account balances; investments, including real estate but not including the home in which you live; and business and farm assets for you, and for your parents if you are providing parent information.

Within a few days, the US Department of Education will send you your Student Aid Report (SAR) - the result of your FAFSA. Review your SAR and, if necessary, make changes or corrections and submit your SAR for reprocessing. Your complete, correct SAR will contain your Expected Family Contribution (EFC) - the number used to determine your federal student aid eligibility.

ARROJO ACADEMY offers the following types of Financial aid

Federal Pell Grant

Grants are financial aid awards that do not require repayment. Grants are available to eligible students and are usually based upon financial need.

Learn more about Federal Pell Grants here: https://studentaid.gov/understand-aid/types/grants/pell

Direct Subsidized Loan

Direct subsidized loans must be repaid with interest. The U.S. Department of Education pays interest while borrower is in school and during grace and deferment periods. Student must be enrolled at least half-time and have financial need. Visit StudentAid.gov/interest for latest information on interest rates.

Learn more about Direct Subsidized Loans here: http://studentaid.ed.gov/types/loans/subsidized-unsubsidized

Direct Unsubsidized Loan

Direct unsubsidized loans must be repaid with interest. The borrower is responsible for all interest. Student must be enrolled at least half-time; financial need is not required. Visit https://studentaid.gov/understand-aid/types/loans/interest-rates for latest information on interest rates.

Learn more about Direct Unsubsidized Loans here: https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized

Direct Plus Loan

Direct PLUS loans must be repaid with interest. Parents of dependent undergraduate students may apply for Direct PLUS loans up to the total cost of attendance, minus any other financial aid the student receives. The borrower is responsible for all interest. Student must be enrolled at least half-time; financial need is not required. Visit StudentAid.gov/interest for latest information on interest rates.

Learn more about PLUS loans for parents here: https://studentaid.gov/understand-aid/types/loans/plus

Responsibilities

Be enrolled or accepted for enrollment as a regular student in an eligible certificate program
Maintain satisfactory academic progress to receive financial aid (see the ARROJO Academy SAP policy in our Course Catalog)
Sign statements on the Free Application for Federal Student Aid (FAFSA) stating that you are not in default on a federal student loan and do not owe money on a federal student grant and you will use federal student aid only for educational purposes
Be registered with Selective Service, if you’re a male (you must register between the ages of 18
and 25)
Notify the Financial Aid office of any change of name, address, telephone number, Social Security number, or school enrollment status
Notify the Financial Aid office of any changes in your financial situation
Notify the Financial Aid office of any outside scholarships, grants or other source of assistance
Comply with all financial aid deadlines