Financial Aid

APPLYING FOR FINANCIAL AID - PRE-ENROLLMENT INFORMATION

Individuals seeking information about our school may visit us at www.americanbeautyinstitutes.com or e-mail us at americanbeautyinst@sbcglobal.net or visit the school and fill out a pre-enrollment form and pick up a packet of information. Our staff is willing to assist anyone who is interested in attending the school.

All students wishing to apply for a federal grant or loan programs will need to obtain a PIN number (Personal Identification Number) by going to www.PIN.ED.GOV .

The prospective student will then use that PIN NUMBER and go to WWW.FAFSA.ED.GOV. Our school code ID # 017127 for purposes of receiving federal funds. Federal funding awards are available for those that qualify. Most qualify for grants or loans.

If the student is under 24 and unmarried, parents may have to assist with the payment of the potential student’s educational costs in cash or by making application for a Plus loan and completing a Parental Credit Check form. If the parent does NOT qualify with the Department of Education for a loan, the student WILL be allowed to borrow the additional funds (loan amount) to pay for their educational expenses.

Parents and students who are UNABLE or UNWILLING to provide the necessary signed documents requested by the school will preclude the student from being admitted to the school.

The prospective student must be willing to provide, if required, documented verification of income and household size. In some cases the parents of the prospective student must also provide documentation.

Debbie Seaton, financial aid administrator is available by phone, e-mail or an appointment, to assist potential students with financial aid questions. A list of these programs include:

Federal PELL Grant: Does not require repayment

Federal Direct Loans - Subsidize: Must be repaid

Federal Direct Loans - Unsubsidized: Must be repaid

Federal Parent Plus Loans: Must be repaid

Indian grants (check with your tribe).

To apply for a Direct Loan the student must First apply for a Pell grant (FAFSA) (regardless whether the student qualifies for the grant) BEFORE the applicant and or parent can apply for a student loan at www.studentloans.gov.

Students may also use monetary grants towards tuition payments from other grant awarding groups or organizations.

If you wish to apply for financial aid or you have questions, or you need sections of the handbook clarified, contact the financial aid office at the school. Additional information regarding the student aid programs available at the school maybe found in “The Student Guide” and the “Free Application for Federal Student Aid” published by the U.S. Department of Education. Additional information may be obtained by calling the Federal Student Aid Information Center between 9:00am and 5:00pm (Eastern Time) Monday-Friday at 1 (800) 433-3243.


American Beauty Institute  2009 North Main, McAlester, Oklahoma 74501