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Financial Aid For Medical Career Training: is available to those who qualify! Overview: Healthcare Training Institute understands that education is a valuable investment for your career. That is why the office of financial aid for medical career training is available to encourage students to make the right investments for their future. Healthcare Training Institute supports its students by creating financial assistance plans to cover the cost of their education. The plans may consist of federal grants, student loans, alternative funding, HTI-payment plans, plus agency funding or the combination of several plans. The Office of Financial Aid for medical career training will assist you through multiple options to choose a suitable mode of payment for your education. FINANCIAL AID ELIGIBILITY In order for students to be eligible: In order for students to be eligible for and to receive Financial Aid, they must abide by certain policies. Students are cautioned, however, that since federal regulations and statutes change frequently, these policies are subject to change without notice. In general, students may be eligible for or continue to receive Federal Aid if he or she:
Students who do not meet the requirements stated in section 4 (above) will be placed on Financial Aid Probation. Continued dereliction will result in the student being placed on Financial Aid Suspension and thus ineligible for any future financial aid consideration. APPLYING FOR FINANCIAL AID In order to apply for student financial aid such as grants and loans from the federal government, eligible students are required to submit a Free Application for Federal Student Aid (FAFSA). You must submit the FAFSA (or the shorter Renewal FAFSA) every year that you will be seeking financial aid. While the FAFSA is available in both paper and electronic formats, it is highly recommended that you complete the on-line version at http://www.fafsa.ed.gov or by scheduling an appointment with the financial aid officer who can also provide you with the paper version. The electronic version is generally more accurate thereby enabling you to receive your Student Aid Report (SAR) quicker provided you supply a valid email address. It is recommended that, prior to completing the FAFSA, both you and your parents (if you are a dependent) obtain individual U.S. Department of Education Personal Identification Numbers (PINs) at http://www.pin.ed.gov PINs are required in order to electronically "sign" the FAFSA. In order for your financial aid information to be provided to Healthcare Training Institute, you must identify HTI by utilizing Title IV School Code 038033. Upon receipt of the SAR, you should review it carefully, provide any requested information or documentation and make any necessary corrections in accordance with the instructions. The financial aid officer can assist you in submitting the changes to the federal processor. Remember to retain a copy of the SAR for your records. After your file has been reviewed and financial aid eligibility (if any) determined, the financial aid officer will provide you with an official offer of financial aid. VERIFICATION REQUIREMENTS All students that are selected by the Department of Education or the school for verification will be required to provide additional documentation which demonstrates the accuracy of the data which was previously submitted on the financial aid application. Students will be allowed 10 days to provide the information once it is requested. Failure to complete the verification process will result in the cancellation of financial aid which has been awarded. For additional information for financial aid programs or questions, please contact the financial aid office at (908) 851-7711 Ext. 12. H T I Payment Plan: At the Healthcare Training Institute, we believe in helping students by advising them about the right choices. Their payments can be made in: Cash, Check, Money Order, or Credit Card. Please note that while making payments to HTI, there will be NO interest charged using this plan (HTI-Plan). Options: A) 100% at start B) 30% deposit day of start C) Equal monthly payments over the course of the program D) Bi-Weekly or Weekly payments over the course of the program Healthcare Training Institute provides financial aid for medical career training by offering numerous payment plans to help its students. Title IV Funding: (Available to Qualified Applicants) Title IV funding is Federal Financial Aid, including Pell grants, Stafford and Plus loans. In a lot of cases grants and loans will cover the cost of the program. In other cases a balance remains and the student must arrange to pay it through the HTI- plan while attending school. Student loans are designed for students and parents. They feature special interest rates that can be paid back in ten years. Pell grants do not have to be paid back but, vary in amount depending on financial need. Private Funding: Private funding can be used to supplement your Title IV financial aid. You can also choose private funding as your primary source to cover your school financing. Example: NJ class loans. Agency: Healthcare Training Institute accepts all outside agency funding. This also varies, depending on agency type and available funds. Example: Unemployment, Work Force, DVR, TRA, MOET, VA, Private Company or employer, or private organization. TO APPLY for a Loan Of Financial Aid for Medical Career Training: For your information: HTI-School Code # 038033 Links: Fasfa on the web: www.Fafsa.Ed.gov Entrance/Exit Counseling Entrance counseling can be visited at https://studentloans.gov Exit counseling can be visited at http://www.nslds.ed.gov |
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