| Financial Aid Program | Award Range | Application | Deadline | Description and Conditions of Award |
| Federal Pell Grant | $611 – $6095 | FAFSA | June 30 | Must be working on first bachelor’s degree. Eligibility and amounts are based on student income and enrollment status. Can be received a maximum of 18 semesters. |
| Federal Supplemental Educational Opportunity Grant (FSEOG) | FAFSA | June 30 | Must be eligible for the maximum federal Pell Grant award available at ATS as designated by a zero Expected Family Contribution (EFC) number on the Pell Grant Student Aid Report or ISIR. Funding is limited and awarded only to students with the greatest financial need. | |
| Scholarships | Vary | Specific to Scholarship | Specific to Scholarship | Personal search required. Individual application must be made to each scholarship identified. Deadlines are generally the same each year. Use FASTweb, employers, churches, and libraries to search for opportunities. |
| Financial Aid Program | Award Range | Application | Description and Conditions of Award |
| Federal Direct Subsidized Loan | Up to $4,500 | FAFSA Master Promissory Note (MPN) | The loan amount changes based on year in the program. First year student limit is $3,500; second year student limit is $4,500. The maximum subsidized loan is financial need minus Federal Pell Grant and other grant funds. |
| Federal Direct Unsubsidized Loan | Up to $10,500 | FAFSA Master Promissory Note (MPN) | Independent first year students can borrow a maximum of $9,500 of subsidized and unsubsidized loans combined. Independent second year students can borrow up to $10,500 of subsidized and unsubsidized loans combined.Dependent students are limited to $5500 or $6500 of subsidized and unsubsidized loans combined. Loan maximums are based on year in school. |
| Federal Direct PLUS Loan | Up to Cost of Attendance | Master Promissory Note (MPN) | Parents can borrow the total Cost of Attendance minus other financial aid for dependent students. |
Private Loan Sources
| Program or Agency | Website | Description and Conditions of Award |
| SallieMae Smart Option Loan | MORE INFO | Private Loan. Interest only payments while attending school. Variable interest rates; lower with a cosigner. 0.25% interest rate reduction if enrolled in automatic debit payments. Co-signer might be required for approval. |
| Wells Fargo Collegiate Loan | MORE INFO | Private Loan. Deferred payments until six months after no longer enrolled. Variable interest rate 3.5%. Fixed interest rate 7.24%. Co-signer might be required for approval. MORE INFO |
| Wells Fargo Education Connection Loan | MORE INFO | Private Loan. Deferred payments until six months after no longer enrolled. Variable interest rate. Minimum interest rate 5.75%. 2% origination fee. Co-signer might be required for approval. MORE INFO |
Veteran Assistance
The GI Bill® is the generic term that covers various education assistance programs administered by the Department of Veterans Affairs. These programs provide benefits to veterans, active service members, and some dependents of disabled or deceased veterans wi.shing to pursue an education.
U.S Department of Veterans Affairs website: www.gibill.va.gov
G.I. Bill® Educational Fund
The Illinois Department of Veterans Affairs has approved ATS Institute of Technology. Veterans and their eligible beneficiaries cam use G.I. Educational funds to pay their tuition.
To learn more please visit www.benefits.va.gov
Financial Aid Resources
- Free Application for Federal Student Aid (FAFSA): www.fafsa.ed.gov
- William D Ford Direct Student Loans: www.studentloans.gov
- Nurse Education Assistance Loan Program (NEALP): http://regents.ohio.gov/sgs/index.php
- FastWeb Scholarship Search website: www.fastweb.com
- The HOPE Scholarship And Lifetime Learning Credits: http://www.irs.gov/publications/p970/ch02.html
- Search Thousand of Entry Level Jobs, Externships & Scholarship Opportunities: http://www.campusrn.com/
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