Financial Aid
Financial Aid at International College of Cosmetology is intended to assist students with educational expenses. Financial Aid Funds are awarded primarily on the basis of financial need* and are coordinated to supplement parental support, student employment earnings, savings and assistance from other sources.
This financial need* is what determines the amount of aid. Every student, every family and every financial aid package are different. The Federal Financial Aid Programs available to International College of Cosmetology students include Pell Grants and FSEOG Grants. Our Financial Aid Department will assist every student that needs help with a customized and hands-on approach.
* Financial Need – Federal Student Aid is awarded on the basis of financial need. Financial need is the difference between your cost of education at International College of Cosmetology and an amount (determined by the government) that you and your family are expected to contribute towards your education. A standard formula used for all applicants determines this amount, which is called the Expected Family Contribution (EFC). The information you report on your Free Application for Federal Student Aid Application (www.fafsa.gov) is used to calculate your contribution. The amount remaining after subtraction the expected contribution from your cost of education is considered your financial need*.
This financial need* is what determines the amount of aid. Every student, every family and every financial aid package are different. The Federal Financial Aid Programs available to International College of Cosmetology students include Pell Grants and FSEOG Grants. Our Financial Aid Department will assist every student that needs help with a customized and hands-on approach.
* Financial Need – Federal Student Aid is awarded on the basis of financial need. Financial need is the difference between your cost of education at International College of Cosmetology and an amount (determined by the government) that you and your family are expected to contribute towards your education. A standard formula used for all applicants determines this amount, which is called the Expected Family Contribution (EFC). The information you report on your Free Application for Federal Student Aid Application (www.fafsa.gov) is used to calculate your contribution. The amount remaining after subtraction the expected contribution from your cost of education is considered your financial need*.
How to apply for financial aid
Step 1. Create a student’s FSA ID https://fafsa.gov. This step is critical as the FSA ID gives a student online access for updating, correction and accessing their entire federal financial aid package. If you already have FSA ID, you will not need to do this step.Step 2. International College of Cosmetology will inform you of the many financial aid and financial assistance options available to help you meet your education goals. To apply for financial aid, please go to https://studentaid.gov/h/apply-for-aid/fafsa school code is: 041456
Step 3. Meet with one of our friendly financial aid advisors to discuss your options.
It’s that easy. Should you have any questions, concerns, or need assistance with the process, simply fill out the form to the right with your email and phone number and we will be glad to assist you.
