What financial aid options are available?

Perdoceo Education offers a variety of financial aid options to help students manage their educational expenses. These options may vary depending on the specific institution within the Perdoceo network, but generally, they include federal and state financial aid programs, institutional scholarships, private scholarships, and payment plans. Federal financial aid is often available to eligible students through the Free Application for Federal Student Aid, also known as FAFSA. This may include federal grants, such as the Pell Grant, which does not need to be repaid, as well as federal student loans that come with different repayment plans and interest rates. Additionally, there are federal work-study programs that allow students to earn money while attending school. Students may also find state-specific financial aid programs that provide assistance based on residency or specific eligibility criteria. Institutional scholarships are awards offered directly by Perdoceo institutions and may be based on academic achievement, financial need, or other factors. These scholarships can significantly reduce tuition costs and do not require repayment. Furthermore, many external organizations offer private scholarships to students based on various criteria, including merit, field of study, or financial need. It is advisable for students to research these opportunities and apply to those for which they qualify. Payment plans may also be available, allowing students to spread their tuition payments over a set period, making the financial commitment more manageable. For the most accurate and detailed information about financial aid options, students are encouraged to visit the current web page of the specific Perdoceo institution they are interested in, as financial aid offerings may differ from one institution to another.