Financial Aid

 Rob Roy Academy is a federally approved school. This means that you have access to Federal and State financial assistance programs. In addition, Rob Roy Academy has an interest-free payment plans available. The financial aid programs listed below are available for students who qualify for programs over 600 hours long. Financial aid is subject to the availability of funds.

Financial aid comes in a variety of different forms including:

• Grants - (usually only Federal or State funded)
• Scholarships - (usually free money and not required to be repaid)
• Student loans

A financial grant is a specific amount of money given for your educational needs and usually does not require repayment.

• Pell Grants
• Supplemental Educational Opportunity Grants
• State Grants
• Part Time State Grants

A student loan is a specific amount of money borrowed for your educational needs, and must be repaid with interest.

• Subsidized Direct Loan or Unsubsidized Direct Loan
• Parent Plus Loan

Scholarships are given by all types of institutions based on financial need, academic ability or outstanding talent. With a little hard work, you can uncover thousands of private scholarships available through various companies, organizations, and clubs.

• Cosmetology Scholarships

Your eligibility for these programs is determined from the results of a financial aid application. Be assured that the Financial Aid office will assist you with every detail of the application.

Assistance will be provided to any registered student in completing all financial aid application materials.

• Students applying for financial aid must be either a U.S. Citizen, National or Recognized alien.
• Financial Aid is available to eligible students who are enrolled at least part-time in an eligible program.
• Students receiving funding must maintain Satisfactory Progress, not owe a refund or repayment on prior financial aid, and not be in default on a Federal loan program.

Documentation you may need for a financial aid appointment at Rob Roy:

• Complete signed copy of Federal income tax return & W-2's for the previous year
• Verification of untaxed income for previous year
• AFDC/ADC Benefits for previous year
• Dependent students (un-married, no children, under age 24) also bring:
• Parents' complete, signed, copy of Federal income tax return & W-2's for the previous year
• Parents' verification of untaxed income for previous year
• Parents' AFDC/ADC Benefits for previous year
• Parents' Social Security Benefits for previous year