The US government offers a variety of student aid, such as federal grants, work studies, and loans. If you’re ready to apply for federal aid, you must first complete the Free Application for Federal Student Aid (FAFSA).

To receive federal student aid, you will need to:

• Qualify to obtain a college or career school education, either by having a high school diploma or General Educational Development (GED) Certificate or by completing a high school education in a homeschool setting approved under state law.
• Be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program.
• Be registered for Selective Service, if you are a male (you must register between the ages of 18 and 25).
• Have a valid Social Security number unless you are from the Republic of the Marshall Islands, Federal States of Micronesia, or the Republic of Palau.
• Sign certifying statements on the Free Application for Federal Student Aid (FAFSA) stating that (a) you are not in default on a federal student loan and do not owe a refund on a federal grant and (b) you will use federal student aid only for educational purposes.
• Maintain satisfactory academic progress in college or career school.

In addition, you must (a) be a U.S. Citizen or U.S. National, (b) have a Green Card, (c) have an Arrival-Departure Record, (d) have Battered Immigrant Status, or (e) have a T-VISA.

Get free information and help from a Z Hair Academy financial aid representative or the U.S. Department of Education via https://StudentAid.ed.gov or 1-800-433-3243.

To apply for a FAFSA ID, click here.

To fill out the FAFSA, click here.

Once you’ve successfully submitted your FAFSA, you can start looking into your options for federal student aid. They fall into two categories: grants and student loans.

Federal Pell Grant

After your FAFSA is filed, you are automatically considered for a Pell Grant. As a grant, you receive the money with no requirement to repay it. Students must meet specific requirements to receive one. According to the Department of Education, grant amounts vary based on your expected family contribution, the cost of attendance, whether you are a full- or part-time student, and whether you attend school for a full academic year or less. To learn more about Federal Pell Grants, visit their website.

Student Loans

A variety of student loan options are available to you. Unlike grants, student loans accrue interest over time and must be repaid. Generally speaking, you have three main student loan options:

Direct Subsidized Loan

A Direct Subsidized Loan is a low-interest loan with a fixed interest rate in which the federal government pays the interest while the student is in school and during periods of authorized deferment.

Direct Unsubsidized Loan

A Direct Unsubsidized Loan is a low-interest loan with a fixed interest rate in which the student is responsible for the interest, and it accrues while in school, during the grace period and during periods of deferment and forbearance. It is not based on financial need.

Direct Parent Plus Loan

A Direct Parent Plus Loan is a Parent Loan for students. It enables parents with good credit histories to borrow money to pay for their child’s expenses.

Cosmetology School Lee’s Summit

If you need assistance with financial aid, contact the Z Hair Academy Admissions Team! They’re ready to help you over the phone at (913) 999-2377 or through email by filling out the form on our admissions page!