Financial Aid

Your’re excited AND you’re nervous. That’s okay because everyone has been there too. Every stylist & aesthetician. Even every educator. Financial Aid, Scholarships, & Grants are available to those who qualify. You can learn more about your options here.

We operate under a Financial Aid Code of Conduct. We publish this so that you can understand how we remain objective to serve you in trying to find the best financial aid options available.If you have questions, we are just a phone call away. Call us at 773.635.7700. We’re here to help.

Financial Aid is available to those who qualify. These are the first steps in applying for federal student aid.

Create or use your FSA-ID (Federal Student Aid ID)
Determine your Dependency Status
Fill out the Free Application for Federal Student Aid
Use our school ID 041370
We will find out if you’re eligible & can help you understand your financial aid options.

Create an FSA ID.

Determine Your Dependency Status.

What is a FAFSA?

How to Fill Out the FAFSA

Now What Happens?

Learn More About Financial Aid

Pell Grants

A Federal Pell Grant, unlike a loan, does not have to be repaid, except under certain circumstances.

How do I apply?

You should start by submitting a Free Application for Federal Student Aid (FAFSA^®) form. You will have to fill out the FAFSA form every year you’re in school in order to stay eligible for federal student aid.

How much money can I get?

Amounts can change yearly. The maximum Federal Pell Grant award is $6,495 for the 2021–22 award year (July 1, 2021, to June 30, 2022).

The amount you get, though, will depend on

your Expected Family Contribution,
the cost of attendance (determined by your school for your specific program),
your status as a full-time or part-time student, and
your plans to attend school for a full academic year or less.

Direct Subsidized Loans (Sub Loans)

Direct Subsidized Loans are loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school.

Who can get Direct Subsidized Loans?

Direct Subsidized Loans are available to undergraduate students with financial need.

How much can you borrow?

Your school determines the amount you can borrow, and the amount may not exceed your financial need.

Who will pay the interest?

The U.S. Department of Education pays the interest on a Direct Subsidized Loan

while you’re in school at least half-time,
for the first six months after you leave school (referred to as a grace period*), and
during a period of deferment (a postponement of loan payments).

Direct UnSubsidized Loans (UnSub Loans)

Direct Unsubsidized Loans are loans made to eligible undergraduate, graduate, and professional students, but eligibility is not based on financial need.

Who can get Direct Unsubsidized Loans?

Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need.

How much can you borrow?

Your school determines the amount you can borrow based on your cost of attendance and other financial aid you receive.

Who will pay the interest?

You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.

Plus Loans

The U.S. Department of Education makes Direct PLUS Loans to eligible parents and graduate or professional students through schools participating in the Direct Loan Program.

Here’s a quick overview of Direct PLUS Loans:

The U.S. Department of Education is your lender.
You must not have an adverse credit history. A credit check will be conducted. If you have an adverse credit history, you may still be able to receive a PLUS loan if you meet additional requirements.
The maximum PLUS loan amount you can receive is the cost of attendance (determined by the school) minus any other financial aid received.
Learn More About Plus Loans

Have More Questions?

Contact our admissions team for more information about how you can afford to take the next step toward your new career.