Financial Aid Timeline Title IV Application Procedure

The first step in applying for Title IV Federal Financial Aid is to complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov    The Federal School Code for Elite Cosmetology School is 041754.

Additionally, the student (or parent if applicable) may need to complete any one or all of the following:

Loan entrance counseling (student loan borrowers only)

Authorization form

Promissory note (student loan borrowers only)

Verification worksheet(s)

Upon completion of the FAFSA, the student is given an Expected Family Contribution (EFC) number. The EFC is used to determine how much and what kind of financial aid a student is eligible for. In addition to the EFC, the direct and indirect costs of the program, enrollment status, length of enrollment, and funds available at the Institution will also impact award amounts. The Financial Aid office will provide entrance and exit counseling (as needed) utilizing the Department of Education online website applications at www.studentloans.gov

To complete the FAFSA the Student needs an FSA ID (user name and password) — https://fafsa.ed.gov/ ( Please apply 3 (three) days before you want to file the FAFSA.)
b. If the student is a dependent, then the parent who signs the FAFSA also needs an FSA ID.

Documents Needed: The process of Verification can require documents such as Federal Tax Return, W-2’s, proof of untaxed income and benefits for student, spouse and/or parent, if a Dependent student.

When to Apply:
Earliest date to apply is October 1st

What type of Financial Aid is Available with the FAFSA?

Federal Pell grant

Federal Supplemental Educational Opportunity Grant (FSEOG)

Federal Direct Stafford Loan

FSEOG Grant

You can view the complete list of student eligibility requirements on the Department of Education’s website  www.studentaid.ed.gov

How do I remain eligible for Financial Aid?

1. Maintain a cumulative Grade Point Average ABOVE 70%

2. Maintain a cumulative attendance rate ABOVE 67%

3. Complete degree within 150% of published time frame

** Failure to meet Satisfactory Academic Progress requirements, may result in the loss of (Title IV) Financial Aid.

For additional information, please see: Satisfactory Academic Progress (SAP)  located in your school catalog.

ROOM & BOARD

While Elite Cosmetology School does not offer any on campus or off campus housing, Elite is required to utilize state estimated room and board expenses (living expenses) in order to determine a cost of attendance for Financial Aid packaging purposes.

Students can view the Estimated Room and Board expenses here.

Terms and conditions of Federal Student Loans (Direct and Direct PLUS Loans) are listed on the Master Promissory Note signed by the borrower accepting the loan here.

 Rights and responsibilities of students receiving financial assistance here.

MILITARY TA & the GI Bill® GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at https://www.va.gov/education/how-to-apply/.

The Military Liaison/Financial Aid specialist office is located in the Administration office. The Institutions Military Liaison can assist those Service members seeking information on the TA Program, Title IV funding, and VA education benefits. In addition, the Military Liaison is able to assist Service members with information on academic/ financial aid counseling and advising, along with access to information relating to disability counseling, completion of course and job search support (placement). The administrative office may be reached at (760) 365-8222.

All Active-Duty military applicants are directed to receive approval from their ESO, military counselor or Service, PRIOR to enrollment.

Find out how to apply for the GI Bill® and other VA education benefits as a Veteran, service member, or qualified family member.

Military Tuition Assistance Program (TA)

The Military Tuition Assistance program is available to active duty, National Guard and Reserve Component service members. Your service branch pays your tuition directly to the school. Service members need to first check with an education counselor for the specifics involving TA by visiting their local installation education office or by going online to a virtual education center.

To be eligible for TA, an enlisted service member must have enough time remaining in service to complete the course for which he or she has applied. After the completion of a course, a Service member using TA must fulfill a service obligation that runs parallel with – not in addition to – any existing service obligation. Each military branch has its own TA application form and procedures.

To find out how to get started, visit your local installation education center, go online to a virtual education center.

Prior to your course enrollment, you may be required to develop an education plan or complete TA orientation. 

Your service’s education center must approve your military tuition assistance before you enroll in a course. Tuition Assistance Steps

MyCAA Scholarship Program

Military spouses meeting the following criteria are eligible to participate in the MyCAA Scholarship program: Spouses of service members on Active Duty, under Title 10 orders Spouses of service members with pay grades of E-1 through E-5, W-1 through W-2, O-1 through O-2.

Your MyCAA application, required orientation and MUST be completed and approved prior to your desired start date.

My Career Advancement Account Scholarship Program Basics

Who is eligible to participate in the My Career Advancement Account Scholarship program

What the My Career Advancement Account Scholarship funding does and does not pay for

How to establish a My Career Advancement Account Scholarship program account

How to provide feedback to the My Career Advancement Account Scholarship program

How to get additional information and assistance

MyCAA FAQs

Military Service education portals

https://www.navycollege.navy.mil/

https://www.forcecom.uscg.mil/Our-Organization/FORCECOM-UNITS/Voluntary-Education/

https://usmc-mccs.org/services/education/voluntary-education/

https://www.airforce.com/education/college

https://www.goarmyed.com/

Should you have any questions regarding your Financial Aid package, Department of Education Title IV funding, Military educational benefits, or any other issue please do not hesitate to contact the Financial Aid office to schedule an appointment.

FINANCIAL AID STAFF is available by appointment as follows:

Monday – Thursday 9:00 am – 5:30 pm & Friday 9:00 am – 4:00 pm * The office is closed for all Federal and school observed Holidays.

Meagan McKenney – Financial Aid Specialist

meagan@eliteschools.edu / P: (760)-365-8222

Melissa Ramirez – Director of Financial Aid & Compliance

melissa@eliteschools.edu / P: (760)774-3688