Financial Aid Options at Moler Beauty Academy
Don’t let finances hold you back from pursuing your dream in beauty! As an accredited school, Moler Beauty Academy has the opportunity to offer our students a variety of financial aid* options to those who qualify.
What’s the Financial Aid Process Like?
At Moler Beauty Academy, we have a team of experienced financial aid advisors to help you through each step. The best way to do that is by scheduling a tour at our Cincinnati and Fairfield locations! We’ll tell you everything you need to know like how to start the financial aid process, our school code you’ll need to apply for financial aid, and more useful information.
With our team’s help, we want you to get the most out of the financial aid process and allow you to focus on your education goals without having to worry about money
We can answer any questions you might have as well! Contact our admissions team to ask questions specific to your financial situation.
The first step to starting the financial aid process is to fill out a Free Application for Federal Student Aid (FAFSA®) form. Your FAFSA form combined with your tax return information will determine if you qualify for federal grant money, PLUS loans, and other options. If you’ve never filled out one before, read this list of things you’ll need to help you prepare for this important step. Our team of financial aid advisors can also walk you through your form and answer any questions you have when you come to visit us for a tour.
Here are some options available after you fill out your FAFSA® form:
Direct Subsidized and Unsubsidized Loans
A student loan is money you borrow that you will be expected to pay back after graduating from school. Your financial need will decide if a subsidized or unsubsidized loan is right for you. Student loans are a common way for helping students finance their dream and our team is committed to helping you pick the right type of loan for you!
A subsidized loan is available to students who are able to show their financial need from their FAFSA® form. The U.S. Department of Education can pay this type of loan’s interest while you’re a student and up to six months after graduation.
An unsubsidized loan is available for all students and there’s typically no need to demonstrate financial aid. Unlike a subsidized loan, the student will be responsible for paying for their loan’s interest as a student and after graduation. However, this is still a great option for many students who want to pursue their education.
Parent PLUS Loans
Parent PLUS loans allow parents who have qualifying credit to borrow from the government to help pay for their dependent child’s education tuition. Unlike subsidized and unsubsidized, this type of loan will be in the parent’s and child’s name.
Federal Pell Grant
Federal Pell Grants are awarded to students based on their financial need and the amount given will depend on each student’s situation. Unlike loans, students will normally not need to repay the amount of money that was given to them.
We Want to Help
You don’t have to feel overwhelmed with figuring out financial aid by yourself! Contact us to schedule a tour at our Cincinnati or Fairfield campus to learn more about the financial aid options that could help you finance your education.
Ready to join our team of beauty lovers? Read our website to learn how you can start the application process.
*Financial aid is available to those who qualify