Delaware Learning Institute of Cosmetology is approved by the United States Department of Education to offer the following federal financial assistance programs whereby an eligible student is awarded an outright grant or loan for post-secondary education.
The student financial aid programs at Delaware Learning Institute of Cosmetology are designed to aid students who would find it difficult to attend college without financial assistance.
To be eligible to receive financial aid, a student must be enrolled as a regular student on at least a half-time basis.
Federal PELL Grant
Direct Student Loans
Delaware Learning Institute of Cosmetology is now approved by the Post 911 GI Bill please see the Admission Representative for more details, call us at 302-732-6704 or visit http://www.gibill.va.gov/
GI BILL Post 911
Have financial need
Have a High School Diploma or a General Education Diploma (GED)
Be enrolled or accepted for enrollment as a regular student working toward a certificate in an eligible program
Be a U.S. citizen or eligible non-citizen
Have a valid Social Security Number
Make satisfactory academic progress
Register with Selective Service if required
The basics of determining a student’s financial need will be an analysis of the financial status of the student’s and/or the parents’ income. This analysis is accomplished by completing a Free Application for Federal Student Aid (FAFSA) distributed by the U.S. Department of Education. Financial Aid is based on:
Cost of Attendance
Expected Family Contribution
A Federal Pell Grant, unlike a loan, does not have to be repaid. Generally, Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or professional degree. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.
Direct Loans are the Department of Education’s main form of self-help aid for students. Under the Direct Lending Program, the funds for your loan are lent to you from the Department of Education.
A subsidized loan is awarded on the basis of financial need. You will not be charged interest before you begin repayment or during authorized periods of deferment. The federal government “subsidizes” the interest during these periods.
An unsubsidized loan is not awarded on the basis of need. You will be charged interest from the time the loan is disbursed until it is paid in full. If you allow the interest to accumulate, it will be capitalized – that is, the interest will be added to the principal amount of your loan and additional interest will be based upon the higher amount.
These loans are made to graduate or professional students and to parents of students whose expenses are not covered by other financial aid.
Instructors play a key role and we're always looking for more!
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