Suffolk Beauty Academy is approved for use of Government Grant and Loan Programs as well as VA Benefits.
To apply for Title IV Funding the student must complete the FAFSA Application. The FAFSA application can be completed at Suffolk Beauty Academy Monday-Friday 9A.M. to 5P.M. where an Estimate can be given of what you will qualify for or you can complete the FAFSA online http://www.fafsa.ed.gov. FAFSA CODE 017015
Suffolk Beauty Academy participates in the following Federal Financial Aid programs:
Federal Pell Grants
Maximum Pell Grant per Academic 2015-2016 Year: $5,775.00
Grants are a form of Financial Aid that does not need to be paid back. The Pell Grant is awarded on a need-based scale. Grants factor the cost of education at the school of choice, the student's financial situation and progress toward the completion of the program of study.
Federal Direct Loan
Maximum Subsidized Loan per Academic Year: $3,500.00
Maximum Unsubsidized Loan per Academic Year (for independent students only): $6,000.00
These low-interest loans are issued through the Federal Government. Eligibility for Subsidized and Unsubsidized loans is based on expected contributions from family members and analysis of the student's expenses.
Federal PLUS Loans
Maximum PLUS Loan per Academic Year: Calculated based off total need in dollars minus other financial aid received.
Also issued through the Federal Government, this program exists to help parents pay for the cost of their child's undergraduate education. These funds may be used for tuition, supplies, housing and more.
Whether a grant or a loan, the amount of distribution is determined by the need of the particular student. The school makes an evaluation on the individual based off the application for Federal Student Aid and SBA's Financial Aid application.
$2,500 Cosmetology Scholarship - Awarding $2,500 every 3 months to aspiring students of cosmetology, barbering, esthetics, nail tech, makeup and other beauty disciplines. The annual deadlines are January 31, April 30, July 31 and October 31. This scholarship can be used to attend cosmetology schools, nail technology programs, esthetics schools, laser hair removal training, permanent makeup school and other beauty disciplines.