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Financial Aid

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Financial Aid is available for those who qualify

1. FEDERAL PELL GRANT

Federal Pell Grant is a grant and does not need to be paid back and must be considered before any loan funding. Call us at 610-253-2527 or click the link below for more information

Learn More

https://studentaid.ed.gov/sa/types/grants-scholarships/pell

2.FEDERAL DIRECT SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOAN

Subsidized Loan –

Students may be eligible based on need.  The subsidized has a fixed interest rate.  The federal government pays the interest on the loan while the student is in attendance at least halftime.  Repayment begins six months after the last day of attendance or once the student falls below half-time status

Unsubsidized Loan –

Available to dependent and independent students who need additional assistance to help pay their education costs.  The student is responsible for the interest payments on the loan while in school.  The interest rate is fixed and repayment begins six (6) months after the last day of attendance or once the student falls below half-time status. 

Call us at 610-253-2527 or click the link below for more information

Learn More

https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized

Entrance Counseling Link

Master Promissory Note Link

Exit Counseling Link

3. FEDERAL PARENT PLUS LOAN

Federal Parent Plus Loans Federal loans are available to parents of dependent students.  Parents can borrow up to the cost of attendance, less other financial aid received.  Approval is based on the parent(s) credit history and repayment begins sixty (60) days from the last disbursement of the loan.  Call us at 610-253-2527 or click the link below for more information

Learn More

https://studentaid.ed.gov/sa/types/loans/plus/parent

4. VETERANS EDUCATIONAL BENEFITS

Falcon Institute of Health and Science accepts Veterans Educational Benefits under the GI Bill® for eligible veterans. Falcon Institute of Health and Science is approved for the training of veterans and eligible veterans’ dependents.  Students must apply for these benefits prior to admission and must submit the application to the Falcon Institute of Health and Science’s certifying official. Call us at 610-253-2527 or click the link below for more information

Learn More

https://www.va.gov/

“GI Bill®” is a registered trademark of the U.S. Department of Veterans Affairs (VA).  More information about education benefits offered by VA is available at the official U.S. government website at www.benefits.va.gov/gibill 

5. TRADE ADJUSTMENT ACT BENEFITS

Falcon Institute of Health and Science accepts students eligible for the Trade Adjustment Act benefits approved by Department of Labor and Industry. Call us at 610-253-2527 or click the link below for more information

Learn More

https://www.uc.pa.gov/unemployment-benefits/federal/Pages/Trade-Adjustment-Assistance-2009-(TAA).aspx

6. PA CAREER LINK

Falcon Institute of Health and Science is approved Service Provider for Commonwealth Workforce Development. Eligible students may receive grants through PA Career Link. Call us at 610-253-2527 or click the link below for more information

Learn More

https://www.pacareerlink.pa.gov/jponline/

7. GAP FUNDING

If financial aid and awards are not enough to cover a student’s tuition cost, Falcon Institute of Health and Science will provide the student with information for a personal loan for the remaining balance. If the student does not want to take the gap funding option offered by the school or is not eligible for the options offered by the school, the student must use their own resources to pay their outstanding bill. The entire tuition balance is due prior to graduation. Gap funding is not available to those who are denying financial aid. If a student denies financial aid or is ineligible for financial aid, the outstanding balance will be due on the first day of the payment period.

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