Types of Financial Aid

The Art Institute of Phoenix participates in federal, state and other financial aid programs.

Financial aid is divided into three general categories:

Gift Aid - these are grants, scholarships, and other benefits that do not have to be repaid. Most grants are based on financial need, as determined by a federal formula, and are given by the federal or state governments; most scholarships are based on criteria such as grades or affiliations or other criteria, and may or may not also include a financial need component; most benefits are based on a combination of criteria. For more information about Gift Aid, click here. (to view this document you will need the Adobe Acrobat Reader)

Federal Pell Grant
Federal SEOG (Supplemental Education Opportunity Grant)
Arizona State Grants
Art Institute Scholarships
Other scholarships
Vocational Rehabilitation
Veterans' Benefits
Tax Benefits

Loans - loans do need to be re-paid; repayment can usually be delayed until several months after the student leaves school. Some loans, such as Federal Stafford Loans and Federal Perkins Loans, are given to students in their own names; some loans, such as Federal PLUS Loans, are given to parents of dependent students. Some loans are based on the student's financial need; some loans require a credit check; some loans are available regardless of income. There are alternative education loans, given by private lenders to students, that may or may not require a co-signer. For more information about loans, click here. (to view this document you will need the Adobe Acrobat Reader)

Federal Subsidized Stafford Loan
Federal Unsubsidized Stafford Loan
Federal PLUS Loan (Parent Loan for Undergraduate Students)
Federal Perkins Loan
Creative Education Loan
Home Equity Loan

Work - some students choose to work to help to pay their living expenses while attending school. The Art Institute of Phoenix participates in the Federal Work-Study program, and also assists students to find part-time jobs in the community. For more information about work programs, click here. (to view this document you will need the Adobe Acrobat Reader)

Federal work-study
Part-time job assistance

For more detailed information about all of the Financial Aid programs, click here. (to view this document you will need the Adobe Acrobat Reader)

For Important Financial Aid Information & Links to online applications click here.