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The student financial aid programs at Stevenson Academy of Hair Design are designed to assist students who would find it difficult to attend without financial assistance.

Stevenson Academy of Hair Design offers the following types of financial assistance:
• Federal Grants

Stevenson Academy of Hair Design is approved by the United States Department of Education to offer the following Title IV programs for postsecondary education to eligible students:
• Federal Grants
• Federal Supplemental Educational Opportunity Grant (FSEOG) Financial aid eligibility requirements
• Be a U.S. citizen or eligible non-citizen
• Demonstrate financial need
• Hold a high school diploma, a general education diploma (GED)
• Be enrolled or accepted for enrollment as a regular student working toward a certificate in an eligible program
• Have a valid Social Security Number
• Make satisfactory academic progress
• Register with Selective Service
• Sign a Statement of Educational Purpose and a Certification Statement on overpayment and default


How is financial aid determined?

The basis of determining a student's financial need will be an analysis of the financial status of the student's and/or the parents' income. This analysis is accomplished by completing a Free Application for Federal Student Aid (FAFSA) distributed by the U.S. Department of Education. Where can you find financial aid forms?
• In your high school guidance counselor's office
• In the financial aid office at Pivot Point International
• Via the U.S. Department of Education's website - FAFSA on the Web www.fafsa.ed.gov

What factors determine financial need?
• Cost of attendance
• Expected family contribution
• Financial need



What types of student financial aid are available?

FEDERAL PELL GRANT
A Federal Pell Grant, unlike a loan, does not have to be repaid. Generally, Pell Grants are awarded only to undergraduate students who have not earned a Bachelor's or professional degree. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.


FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT
A Federal Supplemental Educational Opportunity Grant is for undergraduates with exceptional financial need – that is, students with the lowest Expected Family Contributions (EFCs) – and gives priority to students who qualify for Federal Pell Grants. An FSEOG does not have to be repaid.


TYPES OF FEDERAL STUDENT LOANS ARE:
Stevenson Academy of Hair Design does not participate in loan programs.


More Financial Aid Resources & Links
– Federal Student Aid Website
– Department of Education - The Student Guide - Federal financial aid information
– The Smart Student Guide to Financial Aid - Scholarship search and financial aid information
– FAFSA site - Apply for FSA User ID and Password
– FAFSA (Federal Application for Student Aid) Online
– School Codes - Look up Title IV school codes for FAFSA
– Loan disputes and problems
– Selective Service System - register online
– Internal Revenue Service - tax information