You’re committed to pursuing a creative education. And we’re committed to supporting you every step of the way. That includes doing everything we can to help make your schooling as affordable as possible. A one-on-one meeting with a Student Financial Services officer is the first step toward working your way through a process than can seem daunting. Schedule an appointment to receive individualized financial aid counseling that’ll answer all your questions and get you started toward a future where you do what you love.
Financial aid process
Your application for federal financial aid must include the FAFSA code that the federal government uses to identify The Art Institutes location of your choice. Write down the code below to complete your application. (U.S. students only)
FAFSA Code: 007236
Free application for federal student aid (FAFSA)
Because you need to re-apply for financial aid each year, you can use the Federal Student Aid site at fafsa.ed.gov for help managing your financial aid throughout your education.
Financial aid is available to those who qualify. The following links will help you understand the process and complete the FAFSA form to receive federal financial aid:
- Gather the documents you need.
- Print a FAFSA on the Web worksheet.
- Check your eligibility for federal financial aid.
- Understand important deadlines.
Financial aid options
At The Art Institutes, we don’t want financial challenges to hinder your academic success. That’s why we offer a number of financial aid options to help meet your expenses. These types of federal financial aid may be available to those who qualify:
- Federal Grant Programs
- Federal Loan Programs
- Federal Work-Study
Contact your Financial Aid Officer to see if you qualify.
In addition to the options above, some Art Institutes locations offer institutional aid, or operate in states where you may apply for state grants. We have also included the Financial Aid Guide for specific information on possible awards, requirements, and application processes.
Important note: Financial aid options for Canadian residents attending The Art Institute of Vancouver differ from those in the U.S. To see those options, select The Art Institute of Vancouver/Canadian residents from the dropdown below. The Financial Aid process and free application for federal student aid (FAFSA) sections do not apply to you.
- Do not have to be repaid.*
- Not available for those who have received a bachelor's degree.
- Based on financial need.
*Students might have to pay back all or part of a Pell Grant if he/she withdraws from school before finishing an enrollment period (for example, a quarter).
Federal Pell Grant
Full-time eligible students can receive up to $5,920 per academic year. Eligible part-time students will receive smaller amounts.
Federal Supplemental Educational Opportunity Grant
Eligible students typically receive $200-$1,200 each academic year.
- Do not have to be repaid.
- Available in eligible states.
- Based on financial need.
The Art Institute of Sacramento participates in eligible California state grant/aid programs. See http://www.csac.ca.gov/doc.asp?id=48 for potential programs and further information.
Federal Direct Loans
- Not credit-based.
- Fixed interest rates.
- Federal student loan repayment begins 6 months after you graduate, leave school, or drop below half-time enrollment.
- Student loans can be costly and default can have serious consequences.
Federal Direct Student Loan*
Federal Loan Limits
|Year||Dependent Undergraduate Student||Independent Undergraduate Student|
|First Year||Up to $5,500||Up to $9,500|
|Second Year||Up to $6,500||Up to $10,500|
|Third and Beyond (each year)||Up to $7,500||Up to $12,500|
Federal Direct Parent Loan for Undergraduate Students
- For parents of dependent students.
- Endorser option.
- If approved, PLUS loan can cover the total balance after all other financial aid has been applied.
- If denied, student can receive up to an additional $4,000 in Federal Direct Loans.
- Monthly and quarterly payment options.
- Required down payment is equivalent to your monthly payment as determined by your Financial Aid officer. This is applied toward the overall program cost, and will lower future payments.
Through the Federal Work-Study program, you have the opportunity to earn part of your educational expenses by working part-time, on or off school premises, including possibly working in a community service position, depending on availability. A limited number of jobs are available, with priority given to students with the greatest need as determined by the results of the FAFSA.
The maximum a student can earn through this program is the amount of unmet need—the difference between the student's educational costs and the total amount of their other financial aid. Wages from this program may be paid directly to you as you earn them or as a credit to your school account with your authorization. As with any job, several weeks may pass before you receive your first paycheck, so you will need to cover your own expenses initially. Students are paid every two weeks.
Contact Student Financial Services for more details.
Other Possible Resources
- Institutional Aid/Outside Scholarships
- Art Institutes Local and National Scholarships
- Veterans Education Act
- Department of Defense
- Vocational Rehabilitation