When it comes to pursuing a career in barbering or cosmetology, we understand that financial aid plays a crucial role in making your education accessible.
We are proud to be a Title IV school, which means we have met the necessary criteria to qualify for federal financial aid. Our financial aid advisor can help you confirm our accreditation status and guide you through the process of applying for federal student financial aid.
At American Beauty Academy, we strive to provide a comprehensive education that is accessible and aligned with your career goals. Our accreditation and expertise in navigating federal student aid can make financing your education a smooth and transparent process. Reach out to our financial aid advisor to learn more about the options available to you and embark on your journey towards a successful career in the beauty industry.
Each type of financial support, whether it’s grants, scholarships, or loans, has specific eligibility criteria. For instance, to qualify for federal student financial aid in the United States, you must meet general requirements such as U.S. citizenship or legal residency status, proof of a high school diploma or GED, and acceptance into an accredited school.
Grants are money for tuition that does not have to be paid back. All students should consider these two federally funded grants before seeking any other kind of financial assistance: The Federal Pell Grant Program awards assistance solely on the basis of financial need.
Your grades in high school and college are not a factor. You have to be a US citizen or a qualifying non-citizen, and you must be enrolled in a program that leads to a degree or a professional certification. Grants are available whether you go to school full- or part-time. You may be awarded a smaller grant if you go to school part-time.
Begin your Pell grant application by completing the Free Application for Federal Student Aid (FAFSA®). You have to fill out the FAFSA® form every year to continue to be eligible for a Pell grant.
Other resources for grant funding we are approved for include Workforce Services Vocational Rehabilitation for students recovering from a disability if they. We are an approved training provider for the Utah Department of Workforce services as well.
While grants are usually based on need, scholarships are usually based on merit. Students and future students who show promise of success as barbers and cosmetologists may receive scholarships to help with the cost of school tuition.
Scholarship donors may be looking for future beauty experts for cancer patients, future experts in nail technology, or simply for people with an unusual talent for making people feel good about themselves. Applications may require an essay, a video, or a storyboard, and are highly competitive.
Federal agency Sallie Mae is the leading source of subsidized and unsubsidized student loans. Their Career Training Smart Option Student Loan may cover up to 100 percent of the cost of attending your training school. Minimum amount that can be borrowed is $1,000. If a co-signor is required for your loan, they can be released after you make 12 timely payments if you meet certain credit requirements.
We are also certified for student loans through Mountain America Credit Union where you can you can apply for a personal loan. Wells Fargo Bank has a Student Loan for Career and Community Colleges. They consider your credit history in making a loan but may make loans to students who have acceptable co-signers.
Are you a veteran? American Beauty Academy is approved to accept GI Bill benefits at both campuses and programs. Depending on what the individual qualifies for and if the program is approved, VA may pay for tuition and fees. There may be an allowance for housing and books, based on qualifications and approval.
Enter your service information and choice of school into the GI Bill Comparison Tool online to see the exact amount of your potential benefits.
*GI Bill® Is a Registered Trademark of the U.S. Department of Veteran Affairs (VA). More information about education benefits offered by the VA is available at the U.S. government website www.benefits.va/gov/gibill
Fill out your FAFSA® application to find out what you qualify to receive. Use our FAFSA® School Code 041699.
Most commonly to apply for the FAFSA, you need on hand:
Call us at (801) 406-7386, or fill out the form to have us contact you about enrollment and financial aid options. You may also call a financial advisor directly:
West Valley Campus: (385) 377-7366 Payson, Utah Campus: (801) 634-4413
3695 S Redwood Rd.
West Valley City, Utah 84119
(385) 481-7266
Salon & Spa: (801) 281-6708
CAMPUS HOURS
Mon: 05:00PM-08:00PM
Tue: 01:00PM-10:00PM
Wed: 09:00AM-08:00PM
Thu: 01:00PM-10:00PM
Fri: 09:00AM-05:00PM
Sat: 09:00AM-05:00PM
Sun: Closed
87 W 600 S
Payson, Utah 84651
(385) 481-7266
Salon & Spa: (801) 465-1650
CAMPUS HOURS
Mon: Closed
Tue: 01:00PM-10:00PM
Wed: 09:00AM-10:00PM
Thu: 01:00PM-10:00PM
Fri: 09:00AM-05:00PM
Sat: 09:00AM-05:00PM
Sun: Closed
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