Apply for Federal Student Aid

Federal Student AidBoth the 26-Week Comprehensive Installations Program and the 12-Week Mobile Electronics Installations Program are eligible for Title IV funding. The program’s eligibility allows students to submit a free application for Federal Student Aid (FAFSA) with the Installer Institute’s federal code, 042742, to determine eligibility for U.S. federal financial aid. Student financial aid for the 26-week program may include Pell Grants, student loans and more. These loans may be applied to tuition costs for the Comprehensive Installations Program (900 hrs / 26 wks) or the Mobile Electronics Installations Program (400 hrs/ 12wks) at the Installer Institute. Currently, the 12-week program is not eligible for Pell Grants, only federal student loans.

Each year, aid applicants must submit a FAFSA. This application may be submitted in person to the financial aid office, or online at www.fafsa.ed.gov. The school’s federal code is 042742. The Financial Aid Office may request additional documentation to support a student’s request for financial assistance, including signed copies of federal income tax returns. The student’s financial aid package cannot be finalized until the financial aid office has received all requested documentation. For more information download the Federal Student Aid At A Glance guide here. For additional information on how you can be eligible for federal financial aid, or to get help filling out the FAFSA Application, please contact the Financial Aid Department at 386-672-5771.

Installer Institute’s Financial Aid specialists will be able to help you determine what aid you might qualify for, what your net costs will be, and how you may finance your education with minimal debt obligation after graduation.

Types of Federal Government Aid Available for Installer Institute Programs


The main criterion for receiving grants is substantial financial need. Grants do not have to be repaid unless a student becomes ineligible. Students must maintain satisfactory academic progress as defined in Installer Institute’s Satisfactory Academic Progress Policy located in the Installer Institute Catalog.

Federal Pell Grant – (Only Available for our Comprehensive Installation Program 26 weeks) is a federal grant awarded to students on the basis of financial need and does not have to be repaid. These grants are considered the foundation of federal financial aid, to which aid from other federal and non-federal sources might be added. Pell Grants are only awarded to undergraduate students who have not yet earned a bachelor’s or a professional degree. In order to apply for a Pell Grant, students must complete a Free Application for Federal Student Aid (FAFSA). The U.S. Department of Education uses a standard formula to evaluate the financial information provided on this application to determine a student’s eligibility for a Pell Grant. Award amounts vary based on a student’s financial need, an institution’s cost of attendance and enrollment status. www.fafsa.ed.gov


Installer Institute participates in the federal student loan program which allows students and their parents to borrow money to help meet their educational costs. Educational loans MUST BE PAID BACK with interest. These loans have low interest rates and offer flexible repayment terms, benefits, and options.

Subsidized Direct Loan – are loans for undergraduate students with financial need. Repayment begins 6 months after a student graduates or is no longer enrolled at least half time. The interest rate on Federal Direct Subsidized loans borrowed by undergraduate students between July 1, 2018 and June 30, 2019 is 5.045%. If a student qualifies, the maximum amount of a Subsidized Stafford Loan is $3,500 for first-year students, $4,500 for second-year students and $5,500 for third-year and fourth-year students.

Unsubsidized Direct Loans – are loans for both undergraduate and graduate students that are not based on financial need. Interest is charged during in-school, deferment, and grace periods. The interest rate on Federal Direct Unsubsidized loans borrowed by undergraduate students between July 1, 2018 and June 30, 2019 is 5.045% and the interest rate for graduate/professional students is 6.595%. You are charged interest on this loan from the time the loan is disbursed until it is paid in full. If the interest is allowed to accumulate, the interest will be added to the principal amount of the loan and increase the amount to be repaid. If a student qualifies, the maximum amount of an Unsubsidized Stafford Loan is $6,000 for first and second year students.

Federal Direct PLUS Loan – are low interest loans available to parents of dependent undergraduate students and graduate and professional students. It is an affordable, lowinterest loan designed to help students and parents pay for a college education. The Direct Plus Loan is an unsubsidized loan, meaning that interest accrues while the student is enrolled at least half-time and during deferment periods. A mandatory credit check is completed as eligibility for this loan depends upon the borrower’s credit worthiness. Repayment of principal and interest begins 60 days after the loan is disbursed. The interest rate on Federal Direct PLUS and Grad Plus loans borrowed between July 1, 2018 and June 30, 2019 is 7.595%. www.fafsa.ed.gov


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