Common Funding Options
Not sure how to pay for your education? There are many different options available, and students often use a variety of methods to cover the cost of their tuition. Common funding options include:
- Federal Pell Grants: Awarded to undergraduates with significant financial need and do not need to be repaid.
- Federal Direct Subsidized Loan: Loans with interest deferred while you are in school at least half-time. Must be repaid.
- Federal Direct Unsubsidized Loan: Loans with interest that start accruing immediately. Must be repaid.
- Parent PLUS Loans: Loans that parents of dependent students can take out to pay for their child’s education. Must be repaid.
- Private scholarships: Available from a variety of sources, including local community groups and beauty brands.
- Private loans: Available from banks and credit unions, these loans may have a higher interest rate than Federal loans. Must be repaid.
Want to learn more about these options? Make an appointment with the financial aid team today.
Reach Out Before You Apply
Most students use some form of financial aid to get their training in barbering, cosmetology, or one of our other programs. It’s normal, but that doesn’t mean it’s always straightforward. Never assume you can’t qualify for financial aid, regardless of your financial history, background, or future goals.
The first step is to fill out the Free Application for Federal Student Aid (FAFSA®) using school code 043036. After that, we can help you look at options like Pell Grants, interest-free payment plans, and private scholarships.
We want you to focus on your training, not the paperwork. Fill out the contact form and connect with an advisor who can help you build a funding plan that fits your needs.
Financial Aid at JT’s Cuts Academy FAQs
What is the FAFSA® and why do I need it?
The FAFSA® is a free online application for federally funded educational grants and loans. It calculates your Expected Family Contribution (EFC), which is the amount of money you and your family can expect to pay towards your training. It then uses this information to create an aid package. Completing it early gives you better access to funding, so don’t delay. The FAFSA® opens October 1 for the following academic year.
What is included in my tuition?
Your tuition includes all your training, supplies, and tools, including a complete student kit with backpack, mannequin, and uniform. It also gives you opportunities to work with real clients in our salon and barbershop. If you’d like to see a cost comparison of how our school measures up against other South Florida beauty schools, talk to a member of our financial aid team.
Why are you asking me for additional information?
The FAFSA® requires documentation on your identity, finances, and citizenship status. Depending on your circumstances, the Department of Education or our financial aid office may require additional information. You must provide all required documents to be considered for the federal financial aid program, but if you have questions about any documentation needed, let us know!