{"id":279,"date":"2019-07-26T18:05:09","date_gmt":"2019-07-27T01:05:09","guid":{"rendered":"https:\/\/www.invictuscc.edu\/?page_id=279"},"modified":"2019-12-04T17:09:25","modified_gmt":"2019-12-05T01:09:25","slug":"financial-aid","status":"publish","type":"page","link":"https:\/\/www.invictuscc.edu\/fr\/student_catalog\/financial-aid\/","title":{"rendered":"Aide financi\u00e8re"},"content":{"rendered":"<h2 class=\"wp-block-heading\"><strong>RESOURCES<\/strong><\/h2>\n\n\n\n<p>Education is a big investment. The\ntraining you\u2019ll receive at Bucker Barber School increases your chance of\nfinding a great career. And it decreases your chance of being unemployed. You\nwill be more likely to find an interesting, rewarding career in a field that\noffers a lot of opportunity. When you graduate from BBS, you stand a better\nchance of finding a job and making more money than your peers with less\neducation. Combine that with greater opportunities for job satisfaction, and\nyour BBS training becomes an investment that is hard to beat. Below are some of\nthe resources available to students to help with the cost of their education.<\/p>\n\n\n\n<p><strong>Financial Aid is available to those who qualify;<\/strong><\/p>\n\n\n\n<p><strong>FEDERAL PELL GRANTS<\/strong>\nare monies given to people to help pay for school awarded based on financial\nneed.<\/p>\n\n\n\n<p><strong>DIRECT LOANS<\/strong> are\nborrowed monies through the U.S Department of Education that must be repaid\n(with interest)<\/p>\n\n\n\n<p><strong>DIRECT SUBSIDIZED LOANS<\/strong>\nare awarded to student who show financial need and don\u2019t accrue interest while\nthe student is in school. You have six months grace period after you graduate,\nwithdraw or drop below half-time.<\/p>\n\n\n\n<p><strong>DIRECT UNSUBSIDIZED LOANS<\/strong> are available to all student, regardless of financial need. Interest\ndoes accrue on this loan while the student is in school.<\/p>\n\n\n\n<p><strong>DIRECT PLUS LOANS<\/strong> are\nonly available for parents of Dependent Student. Financial need is not a\nconsideration, but a credit check is required.<\/p>\n\n\n\n<p><strong>PRIVATE\/ALTERNATIVE LOANS<\/strong> can provide additional funding to assist student with their education.\nThese are generally provided by banks and credit unions and other private\nlending institution. Information on these loans can be found on the web at a\nsite like <a href=\"http:\/\/www.fastweb.com\"><strong>www.fastweb.com<\/strong><\/a><strong>.<\/strong><\/p>\n\n\n\n<p><strong>SCHOLARSHIPS<\/strong> are\nprovided by some companies, professional associations, and religious groups to\nindividuals or their family members seeking assistance paying for their\neducation. Searching the internet is a great way to see what might be available\nto you.<\/p>\n\n\n\n<p><strong>STATE GRANTS<\/strong> are available\nthrough the Texas Department of Assistive &amp; Rehabilitation Services (DARS)\nwhich assists people who have disabilities prepare for, find and keep jobs. To\nlocate an office in your area visit: <a href=\"http:\/\/www.dars.state.tx.us\">www.dars.state.tx.us<\/a> or call 1-800-628-5115.<\/p>\n\n\n\n<p>\u201cAll options above are not available for every student. Please contact the office of Financial Aid for further information.<\/p>\n\n\n\n<p><strong>Eligibility\nfor Title IV Funds criteria:<\/strong><\/p>\n\n\n\n<p><strong>&nbsp;&nbsp;&nbsp;&nbsp; For a <\/strong>student to be eligible to\nreceive any Title IV funds, the student must:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Comply with the school\u2019s Satisfactory Academic Progress\n(SAP) Policy, included in the school\u2019s catalog.<\/li><li>Not be in default on a loan made under any Title\nIV, HEA Loan program.<\/li><li>Must not have obtained PELL or loan amounts that\nexceed annual or aggregate PELL or loan limits under any Title IV or HEA PELL\nor Loan Program.&nbsp; <\/li><li>Not liable for grant overpayment.<\/li><li>Be enrolled at least halftime to receive\nassistance from the Direct Loan Program. (The Pell Grant Program does not\nrequire halftime enrollment, but the student\u2019 enrollment status does affect the\namount of Pell a student may receive.) <\/li><li>&nbsp;&nbsp;Attendance for full time student\nis 30 hours per week, part-time 15 hours per week. Enrollment status is\nstated on the student\u2019s enrollment contract. <\/li><li>Student must have a High School Diploma or a GED\nCertification <\/li><li>Be a United States Citizen or an eligible Non-Citizen<\/li><li>Have a Social Security number <\/li><li>Make Satisfactory Academic Progress&nbsp; (SAP)<\/li><li>Sign a statement of updated information<\/li><li>Sign a statement of educational purpose or certification\nstatement on refunds and default.<\/li><li>The students must be enrolled as regular student in an\neligible program in order to participate in Title IV.<\/li><\/ul>\n\n\n\n<p>Federal Student Aid awards are\nbased on financial need. Need is the difference between your cost of education\n(expenses such as tuition, fees room, books, supplies, and other related\nexpenses). Also the amount you and your family are expected to contribute\ntowards your education.<\/p>\n\n\n\n<p><strong>Conviction for Possession\nor Sale of Illegal Drugs: <\/strong><\/p>\n\n\n\n<p>&nbsp;A Federal or state\ndrug conviction can disqualify a student for FSA funds. The student\nself-certifies in applying for aid that he\/she is eligible. Buckner Barber\nSchool is not required to confirm this unless there is evidence of conflicting\ninformation. <\/p>\n\n\n\n<p><strong>Selective\nService Registration:<\/strong><\/p>\n\n\n\n<p>To be eligible to receive Title IV, HEA program funds, a male\nstudent who is subject to registration with Selective Services must register\nwith Selective Service (a male student does not have to register with the\nSelective Service if the student is below the age of 18 or was born before January\n1, 1960).<\/p>\n\n\n\n<p><strong>Citizenship\nand Residency Requirements:<\/strong><\/p>\n\n\n\n<p>Except as provided in paragraphs (b) and (c) of section 668 of\nTitle 34-Education to be eligible to receive Title IV, HEA program assistance,\na student must:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Be a citizen or national of the United States or <\/li><li>Provide evidence from the US Immigration and Naturalizations\nService that he or she is permanent resident of the US or <\/li><li>Be in the US for other than a temporary purpose with the intention\nof becoming a citizen or permanent resident or <\/li><li>Be a citizen of the Federated States of Micronesia, Republic of\nMarshall Islands, or the Republic of Palau. (These students are eligible under Title\nIV programs.)<\/li><\/ul>\n\n\n\n<p><strong>Title IV Financial\nAid Program<\/strong><\/p>\n\n\n\n<p>The school participates in the Federal Pell Grant and\nWilliam D. Ford \u201cDirect Loan Program\u201d Subsidized, Unsubsidized and Plus loans.\nSubsidized loans are need based; based on the school\u2019s COA and the Students EFC\na determination is made concerning need or lack thereof. Unsubsidized loans are\nnot need based. School personnel counsels each student carefully as a means of\nenabling students to minimize the amount of debt incurred while attending\nschool. The Pell Grant is a grant to those that qualify (qualifications is\nbased on family earnings) and does not have to be repaid except in cases where\na student fails to complete a specified percentage of a pay period of which\nthey are currently attending. In cases where a student withdraws before\ncompleting 60% of the specified pay period, a portion of the grant becomes the\nstudent\u2019s liability and as such may create a greater liability on the student\nin the terms of balance owed to the school. The financial aid administrator\nworks with students in determining loan amount need(s) and loans must be\ncertified by school\u2019s financial aid office. All student loans are binding\nagreements between the student and the U S Department of Education and as such\nmust be repaid. Failure to repay student loans by students to the U S\nDepartment of Education as scheduled on the promissory note will have adverse\naffects on the individual\u2019s credit history. Students are apprised of expected\nfederal funds for a specified award on or before the first day of class based\non financial and other pertinent information the student provides to the school\nwhen filing or verifying FAFSA information. Federal funds are disbursed in pay\nperiods hour increments. Disbursement of federal funds is contingent on\nstudents being in satisfactory progress at the scheduled disbursement date.\nFailure to maintain satisfactory progress as defined in the school\u2019s\nsatisfactory progress policy will cause a student\u2019s federal funds to be\nwithdrawn.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/p>\n\n\n\n<p><strong>Apply for Financial\nAid<\/strong><\/p>\n\n\n\n<p>Financial Aid is available for those who qualify. In order\nto apply for Federal Financial Aid you must complete a Free Application for\nFinancial Aid (FAFSA). This can be done by submitting a paper FAFSA by calling\nand requesting one at 1-800-4-FED-AID or on the web at\n<a href=\"http:\/\/www.fafsa.ed.gov\">www.fafsa.ed.gov<\/a>. Federal\nFinancial Aid awards and amount are based on the information provided by the\nstudent on his\/her FAFSA and are determined by the Department of Education.<\/p>\n\n\n\n<p>BBS\u2019S School Code for the FAFSA is 041779<\/p>","protected":false},"excerpt":{"rendered":"<p>RESOURCES Education is a big investment. The training you\u2019ll receive at Bucker Barber School increases your chance of finding a great career. And it decreases [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":248,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-279","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Financial Aid - Invictus Career College<\/title>\n<meta name=\"description\" content=\"RESOURCES Education is a big investment. 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