Financial Aid

Premiere Career College offers you a range of student financial aid services to help you maximize your learning experience.

Currently, the College is designated as an eligible institution by the United States Department of Education for participation in the following programs Title IV programs. It refers to federal financial assistance programs for students, established under the Higher Education Act of 1965:

• Federal Pell Grant (FPG)

• Federal Direct Subsidized Loan

• Federal Direct Unsubsidized Loan

• Federal Direct PLUS Loan (Parent)

• Federal Work-Study

• Federal Supplemental Educational Opportunity Grant (FSEOG)

However, at this time, the College has chosen to participate only in the Federal Pell Grant Program, Federal Direct Student Loan, Federal PLUS Loan and the Federal Supplemental Educational Opportunity Grant.

Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a Bachelors or Professional degree. For many students, Pell Grants provide a foundation of financial aid to which other aids may be added. Students qualified to receive full Pell Grants may also receive an additional Federal Supplemental Educational Opportunity Grant based on their needs. 

Direct Subsidized Loan, borrowers aren’t responsible for paying interest on the loan while they’re in school, for the sixth-month grace period after leaving school, and during student loan deferment. These loans are awarded based on a student’s financial need.

Direct Unsubsidized Loans are not based on financial need. They are available to all undergraduate and graduate students. However, interest on these loans accrues while students are in school and during the grace period afterward, and that interest is added to the total principal amount of the loan.

The repayment of Direct Subsidized and Direct Unsubsidized Loans begin when the grace period (6 months) ended. The grace period kicks in after graduating, leave school, or dropping below half-time enrollment. Generally, the student has up to ten years to repay, and various repayment and postponement options are available if meets certain requirements.

Student’s Loan Servicer assigned by the Department of Education handles all billing regarding student loan.

Direct PLUS Loan is an unsubsidized loan with a fixed interest rate that can help borrowers cover the full cover the full cost of attendance, minus other financial aid, such as grants and scholarships.

Direct PLUS Loans have higher interest rates than other types of federal student loans, so it’s generally recommended that students exhaust all their other Direct Loan options before considering this type of Title IV aid. Repayment begins within 60 days of the final loan disbursement unless the parent chooses to postpone repayment while the student is in school at least half-time.

Federal Supplemental Educational Opportunity Grant (FSEOG) program is a type of Title IV aid for students with exceptional financial need. Unlike student loans, grants for college don’t need to be repaid.

Premiere Career College’s Financial Aid Office determines the student’s eligibility for each type of federal student aid, based on the student’s Free Application for Federal Student Aid (FAFSA). Filing the FAFSA is free! Go to the FAFSA site at StudentAid.gov to complete an application or forecast eligibility for aid.

Student financial aid applicants must satisfy certain eligibility requirements in order to be able to receive and continue to avail of financial aid. These requirements include, but are not limited to:

• 1. Fulfillment of all admission requirements

• 2. Submission of all documentation requested by the College

• 3. Regular, verifiable attendance

• 4. Satisfactory academic and attendance progress

• 5. Completion of specific obligations such as entrance and exit loan counseling.

In addition, a graduating student who has received a student loan must attend an Exit Loan Counseling session and meet all other graduation requirements before they will be considered a graduate and awarded a diploma. Withdrawing students who availed of any loans must attend exit counseling as well. Students who may not qualify to receive any aid can make arrangements with the Accounting Office to pay their tuition in installments.

Contact Information for Assistance in Obtaining Institutional or Financial Aid Information Students needing assistance obtaining institutional or financial aid information required for disclosure under any laws may contact the financial aid office at (626) 814-2080.

Vocation Rehabilitation & Welfare-to-work Program

Applicants who are referred for vocational rehabilitation through a private or government agency (e.g.,Workforce Investment Act and Welfare to Work program participants) are accepted as regular students. The Admissions Office will provide full assistance in the application process.

To speed up processing, fill out a Free Application for Federal Student Aid and present it when you apply.

Training for Veterans and Eligible Persons

Premiere Career College is approved to train veterans and eligible persons. This approval is granted in accordance with the responsibilities delegated to the California State Approving Agency for Veterans Education (CSAAVE) under Title 38, Chapter 36, US Code Sections 3671(a) and 3672(a). On April 27, 2012, the President signed Executive Order 13607 – Establishing Principles of Excellence for Educational Institution Serving Service Members, Veterans, Spouses, and Other Family Members. These principles were developed to strengthen consumer protection for our service members, Veterans, and their families, as well as ensure they have access to the information they need to make informed decisions concerning the use of their well-earned educational benefits. As an institution approved for VA education benefits, Premiere Career College is strongly committed to the Principles of Excellence, This publicly recognizing the importance of transparency and providing students with appropriate in formation.

“For information on FSEOG Emergency Aid Grants, please contact the Financial Aid Office.”

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