The financial aid professionals at Career College of California are here to help you finance your education in a manageable way. Career College of California has a number of attractive financial aid options for qualified students. Most students are able to finance their programs without making any payments until six months after they graduate. Students in all of our programs (Medical Assistant, Medical Front Office, Business Office Administration, and Paralegal) can take advantage of our financial aid offerings.
When you come in to meet with us we will help you determine what kind of aid you qualify for and what the impact on your finances would be. Our goal is to make things absolutely clear – we want you to understand all of the details about the investment in your education so you can make a good decision about your future.
Investing in Your Future
The investment you make to enroll in your program is a big one and you will likely end up with some loans to pay back after you graduate. But you have to consider the benefits you expect to get from furthering your education in order to see that the investment you are making is worth it.
- The more education you have, the easier time you will have finding work and the more money you will earn
- You get to pay back your loans in low monthly payments over a long period of time
- The amount of extra money you could earn after graduation is usually more than enough to cover your loan payments
- You’ll hopefully be starting a career that you find more satisfying and has even greater earnings potential in the future
Grants are money that you don’t have to pay back. Career College of California participates in the federal Pell Grant program funded by the U.S. Department of Education. The maximum Pell Grant for the current school year is $5,500. Most Career College of California students qualify for the maximum Pell Grant. So that means that they are receiving $5,500 towards their education that they do not have to pay back as long as they complete their programs.
Career College of California also offers institutional scholarships several times a year. These scholarships range from $2,500 to $4,500 and like grants do not have to be paid back. You can find out more about our scholarships and qualifying criteria here.
Loans are money that you do have to pay back, but through the U.S. Department of Education, Career College of California is able to provide loans to qualified students that make it easy for students to repay them. Federal Loans are available to students regardless of income. Here are some of the attractive features of the federal student aid loans:
- No payments required until six months after you graduate
- Low interest rates – usually between 3.4% and 6.8% per year
- Long time to pay back – usually over 10 years
- Flexibility to suspend payments if you have trouble making payments
You can use our tuition calculator to get a preliminary estimate of your total cost of attendance, including living expenses.
For information on different repayment options, please visit www.studentaid.ed.gov/repay-loans.
Veteran Affairs Tuition Assistance
Veteran Assistance is available for those who qualify by completing an online VONAPP application, if you need assistance the Financial Aid Office will help you with this process. Once VA eligibility has been established the financial aid office will request a copy of your Certificate of Eligibility to start the Award process. Career College of California fully supports and complies with Executive Order 13607: Principle of Excellence. Please visit this website for more information regarding the Principles of Excellence.