The Office of Financial Aid
The Financial Aid staff is ready to help you understand your options for paying for school.
Before you start your classes, you’ll meet with your Financial Aid Advisor. During the meeting, you’ll learn about financial aid programs, applications, and review all of your options.
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FAFSA & Student Loans
Because trade school is a major decision, it’s important to understand your options. There are many different ways to pay for your education. And the most common methods are Federal Grants and Federal Loans.
The differences between these programs are briefly explained below:
Federal grants are issued by the government and do not need to be repaid. Grants are distributed based on financial needs. Types of grants include:
- Federal Pell Grants;
- Federal Supplemental;
- Educational Opportunity Grants;
- Iraq & Afghanistan Service Grants;
- Teacher Education Assistance for College & Higher Education Grants.
Loans can come from the federal government, private sources, or other organizations. These loans must be repaid after graduation. Types of loans include:
- Subsidized Loans
- Unsubsidized Loans
- PLUS Loans
- Consolidation Loans
FAFSA School Code: 041851
Read about other ways you can easily lower your tuition bill.
Visit our blog: Pay For School With These Free Programs
Common FAFSA Questions
FAFSA stands for “Free Application for Federal Student Aid”. It is filled out every year by current and future students.
Filling out your FAFSA is the first step in the financial aid process. And, it’s mandatory in order to receive federal grants or loans.
Financial aid is available to any student who is enrolled in an eligible program at NTI, and meets the basic requirements. Students applying for financial aid must:
- Demonstrate financial need;
- Be a US citizen or an eligible noncitizen;
- Have a valid Social Security number;
- Be registered with Selective Service;
- Be enrolled at least half-time;
- Maintain satisfactory academic progress;
- Sign the certification statement;
- Show they’re qualified to obtain a career school education.
The FAFSA process can be confusing and time-consuming. That’s why NTI’s Financial Aid Advisors are ready to answer any questions. You’ll also find a summary of the process below:
Complete your FAFSA and submit
Fill out and submit your FREE application online through the FAFSA Website. An official FAFSA application is mandatory for anyone who wishes to receive federal grants or loans.
NTI’s FAFSA School Code is 041851
- Review & accept your financial aid offer
Once your application has been processed, you’ll receive details about your financial aid package. This will include information about grants, scholarships, or loans that have been awarded to you.
- Complete your entrance counseling
Students receiving a loan for the first time must complete these forms in order to be eligible to receive their aid package. You will learn about loans and how they can repay them.
- Receive your financial aid
When all forms are completed your financial aid will be disbursed directly to the school associated with your application. Any funds over the cost of tuition and course materials will be released directly to the student.
FAFSA School Code: 041851
GI Bill® & Veterans
Veterans of the Armed Services are eligible for educational benefits from the U.S. Department of Veterans Affairs (VA). The student must apply for benefits directly with the VA. Then, NTI will certify the student’s enrollment and academic progress to the VA.
During the education portion, the VA makes monthly payments to the student or school that are based upon that certification.
Veterans with a service-connected disability and children/dependents of veterans who were disabled or killed in the line of duty may be eligible for even more generous benefits.
For more information about VA educational benefits, please contact the Department of Veterans Affairs at 1-888-GI BILL-1 (1-888-442-4551) or visit their website at: VA Educational Benefits webpage.
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 Web site at https://www.benefits.va.gov/gibill/.
The GI Bill® has been helping those in America’s armed services pay for higher learning since 1944. The GI Bill® can be used for trade school education and on-the-job training programs offered at NTI.
Schedule an admissions interview to learn more about how NTI helps veterans find life-long careers.