Student Financial Services
Orleans Technical Institute
believes tuition costs should not prevent qualified
and interested individuals from enrolling in its
programs. All applicants are invited to meet one-on-one
with a member of our Student Financial Services Department to
help determine what types and amounts of financial
aid s/he may be eligible for. Orleans Tech will
make every effort to assist applicants in applying
for financial aid and/or set-up a reasonable payment
plan while in school.
Our Financial Financial Services objective is to
provide every student with the federal
financial assistance he or she is eligible for. To accomplish this we will provide quality
customer service, properly administer Federal and
State aid, and any other funds received from third
party fund sources.
Each
student will receive a personal interview with a
Financial Aid Officer to assist students in completing
an affordable Estimated Financial Aid/Payment Plan.
Scholarships
Orleans Technical Institute offers a High School Scholarship Award Program for those interested in our Building Trades or Court Reporting programs.
Scholarships
may also be available for Orleans Tech students
from outside sources. These scholarships are not
guaranteed or offered every year. The availability
of the funds and the award amounts may vary, depending
on the funding source.
Most of
the outside scholarships require that the student
have financial need, provide letters of recommendation,
meet satisfactory attendance and academic standards
and participate in interviews.
An exit interview is required if funds are awarded.
Any unused
portions of scholarship funds will be returned to
the funding source for recipients that do not complete
their program of study in which the funds were awarded.
Students can begin applying for Federal Title IV Aid by visiting the following web site: www.fafsa.ed.gov
Our federal school code is 02183000.
Grants
Federal
Pell Grant - Federally funded program to assist undergraduate students with financial need.
Federal
Supplemental Education Opportunity Grant (SEOG)
- Federally funded program to assist students who are eligible for a Federal Pell Grants and have exceptional financial need.
Pennsylvania Higher Education Assistancy Agency (PHEAA) Grants - PHEAA grants provide assistance to eligible full-time and part-time Pennsylvania resident students that does not have to be repaid. Students must be able to meet the domicile requirements. The information provided on the Free Application for Federal Student Aid (FAFSA) is automatically forwarded to PHEAA. Students may be required to provide additional information. Students with a prior bachelor’s degree are not eligible for this grant. Only students who are enrolled in our Court Reporting Program are eligible to apply for this grant.
Loans
Federal Stafford Loans are low interest loans that must be repaid. Students can apply for the following loans at the school or online:
The
William D. Ford Federal Direct Subsidized Loan
The
William D. Ford Federal Direct Unsubsidized Loan
The
William D. Ford Federal Direct Plus Loan - interest
loan borrowed directly from the U.S. Federal Government
and is available to parents of dependent students
in order to supplement the William D. Ford Federal
Direct Subsidized or Unsubsidized Loan.
Complete the Federal Direct Stafford Loan MPN at www.dlenote.ed.gov (Click on New MPN for Student Loans.) Federal PIN required.
Complete a Federal Direct Stafford Loan Entrance Interview at www.dl.ed.gov/borrower (Click on Entrance and Exit Counseling, select Entrance Counseling).
Other
Sources of Aid
Veterans
Benefits - available to provide tuition for
qualified veterans.
Federal
Work Study - provides jobs for undergraduate
students who need financial aid to help pay educational
expenses. The program encourages community service
work and literacy tutoring.
Transfer
Students
There
are a number of steps you must take when transferring
from one school to another. If you received financial
aid at the first school, it will not automatically
transfer to the second.
Students
may visit the following website to access information
concerning their financial aid history from their
prior and current school:
www.nslds.ed.gov
If you
have a Pell Grant, you must request a duplicate
of your Student Aid Report (SAR / ISIR)* from the
central processor. You will need your DRN (Data
Release Number) from your original Student Aid Report.
For a duplicate SAR/ISIR you can either request
your school to make the request electronically on
your behalf, visit www.fafsa.ed.gov
or call 1-800-433-3243.
Students
Selected for Verification
You may
be selected for verification by either the U.S.
Department of Education or by Orleans Technical
Institute. Verification means proving that what
you report on the Free Application for Federal Student
Aid is correct. If selected, you will be asked to
verify any of the following information:
- Adjusted Gross Income
- Federal Income Tax Paid
- Your Household Size
- Certain Untaxed Income and Benefits Received
- The Number of Family Members Enrolled in Postsecondary
Education at least half time* (parents can not
be included in this number).
The Financial
Aid Officer may request documents pertaining to
untaxed income, benefits received, federal tax returns
from you, your spouse and/or parents. You will
be required to explain any inconsistent or unusual
information prior to receiving Federal Student Aid.
Orleans Technical Institute is required by Federal
regulations to make referrals to the U.S. Department
of Education and U.S. Department of Justice if it
is suspected that aid was requested under a false
pretense.
You will
be called in to discuss and sign a revised statement
if there are any changes in your estimated financial
aid awards after the verification process is complete.
Quick Links
Apply for Federal Student Aid by completing a FAFSA
Apply and Update PHEAA State Grant Application - www.pheaa.org
Federal PIN Number - www.pin.ed.gov
Selective Service - www.sss.gov
Apply for a Federal Direct Loan - www.dlenote.ed.gov
Complete your Federal Direct Loan Entrance Counseling - www.dl.ed.gov/borrower
Review your Financial Aid History - www.nslds.ed.gov
Contact Direct Loan Servicing Center - www.dl.ed.gov/borrower
Complete Your Federal and State Tax Returns FREE - www.thebenefitbank.com/
Tax Education Credits - www.irs.gov/app/understandingTaxes/teacher/hows_mod10.jsp
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