FINANCIAL AID INFORMATION

FINANCIAL AID

Headlines Academy wants to help you achieve your goal in pursuing a career. We have the ability to offer Federal Aid Programs, which include Pell Grants, Direct Stafford Loans and the Direct PLUS Loans for those who qualify. To find out what financial aid options you qualify for, your first step should be filing your Free Application for Student Aid (FAFSA) form. By doing so, you will be activated within the government system and your eligibility for grants will be determined. While you are filling out your financial aid application our FAFSA Code is: 016231

After we have received a copy of your student financial aid information, and have created an award letter stating what student loans, pell grants, and school scholarships you are eligible for we will contact you. Notify the school of any outside scholarships, or funding you will be receiving at that time.

William D. Ford Federal Direct Loan Program Student loans, unlike grants, are borrowed money (monies) that must be repaid with interest. Loans made through this program are referred to as Direct Loans. Eligible students and parents borrow directly from the U.S. Department of Education. For more information visit William D. Ford Federal Direct Loan Program.

There are three types of loans in the program:
• Subsidized Stafford Loan – A student can borrow this type of loan to cover some or all of their school expenses. The U.S. Department of Education pays the interest while you’re in school at least half time. You will start accruing interest as soon as you graduate. The amount of the loan cannot exceed a student’s financial need. For more information visit Subsidized Stafford Loan.

• Unsubsidized Stafford Loan – A student can borrow this type of loan to cover some or all of their school expenses. The U.S. Department does not pay interest on unsubsidized loans. A student is responsible for paying the interest that accrues on the loan from the time the loan is disbursed until it’s paid in full. The fixed interest rate of 6.8 percent can be paid while attending school, during a period of deferment or forbearance or it can be accrued and the interest added to the principle amount of the loan. For more information visit Unsubsidized Stafford Loan.

• PLUS Loans- Parents of dependent students can borrow from the PLUS Loan program. The terms and conditions of this type of loan include a requirement that the applicant not have an adverse credit history, a repayment period that begins on the date of the last disbursement of the loan and a fixed interest rate of 7.9 percent for the Direct Loan. For more information visit PLUS Loans.

Scholarship Opportunities: Headlines Academy awards scholarships to students that fulfill the application requirements to find out more about applying for a scholarship, please contact our admissions department.

After submitting your enrollment application and recommendation forms, call us to schedule an interview.

You must be at least 17 years of age for Cosmetology and 18 years of age for Massage, have a valid birth certificate, and a high school diploma or G.E.D. equivalent. The application process must be completed 30 days prior to the beginning of the next class session you wish to enroll in. Cosmetology, Esthetics, and Nail Technology students must pass state board exams and be licensed before seeking employment.

Massage students must pass the national certification exam to be eligible for a South Dakota Massage License.


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COSMETOLOGY LATEST NEWS
June 5, 2017

Visit Our Recruiting Table for the Chance to Win Scholarships

It’s the only place in town where you’ll find mannequin heads and a skeleton hanging out together at one table. […]

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