408.428.0208
Financial Aid - FAFSA
The Financial Aid department at BioHealth College can help you through the process. Potential students can apply for Financial Assistance. Start the first step in qualifying for financial assistance by completing and filing the Free Application form for Federal Student Aid (FAFSA).
Federal Pell Grant
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded usually only to undergraduate students who have not earned a bachelor's or a professional degree. (In some cases, however, a student enrolled in a post-baccalaureate teacher certification program might receive a Pell Grant.) Pell Grants are considered a foundation of federal financial aid, to which, aid from other federal and non-federal sources might be added.
How Much Can I Get?
The maximum Pell Grant award for the 2010-11 award year (July 1, 2010 to June 30, 2011) is $5,550. The amount you get, though, will depend not only on your financial need, but also on your costs to attend school, your status as a full-time and your plans to attend school for a full academic year or less.
Note: The maximum award amount is given for any Pell Grant eligible student whose parent or guardian died as a result of military service in Iraq or Afghanistan after Sept.11, 2001. You must be under 24 years old or enrolled at least part-time in college at the time of your parent's or guardian's death.
Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG. Just like Pell Grants, the FSEOG does not have to be repaid.
How Much Can I Get?
You can receive between $100 and $4,000 a year, depending on when you apply, your financial need, the funding at the school you're attending, and the policies of the financial aid office at your school.
Direct Stafford Loans
Direct Stafford Loans, from the William D. Ford Federal Direct Loan (Direct Loan) Program, are low-interest loans for eligible students to help cover the cost. Eligible students borrow directly from the U.S. Department of Education (the Department) at participating schools.
Direct Stafford Loans include the following types of loans:
- Direct Subsidized Loans—Direct Subsidized Loans are for students with financial need. Your school will review the results of your Free Application for Federal Student Aid (FAFSASM) and determine the amount you can borrow. You are not charged interest while you’re in school at least half-time and during grace periods and deferment periods.
- Direct Unsubsidized Loans—You are not required to demonstrate financial need to receive a Direct Unsubsidized Loan. Like subsidized loans, your school will determine the amount you can borrow.
Interest accrues (accumulates) on an unsubsidized loan from the time it’s first paid out. You can pay the interest while you are in school and during grace periods and deferment or forbearance periods, or you can allow it to accrue and be capitalized (that is, added to the principal amount of your loan). If you choose not to pay the interest as it accrues, this will increase the total amount you have to repay because you will be charged interest on a higher principal amount.
Annual and Aggregate Loan Limits
$5,500—No more than $3,500 of this amount may be in subsidized loans.
Please view the FAQs section for details on interest rates and loan repayment plans.
Direct PLUS Loans for Parents
Parents of dependent students may apply for a Direct PLUS Loan to help pay their child's education expenses as long as certain eligibility requirements are met. Graduate and professional students may apply for PLUS Loans for their own expenses; click here for details.
To be eligible for a Direct PLUS Loan for Parents:
- The parent borrower must be the student's biological or adoptive parent. In some cases, the student's step parent may be eligible.
- The student must be a dependent student who is enrolled at least half-time at a school that participates in the Direct Loan Programsm. Generally, a student is considered dependent if he or she is under 24 years of age, has no dependents, and is not married, a veteran, a graduate or professional degree student, or a ward of the court.
- The parent borrower must not have an adverse credit history (a credit check will be done). If the parent does not pass the credit check, the parent may still receive a loan if someone (such as a relative or friend who is able to pass the credit check) agrees to endorse the loan. The endorser promises to repay the loan if the parent fails to do so. The parent may also still receive a loan if he or she can demonstrate extenuating circumstances.
- The student and parent must be U.S. citizens or eligible noncitizens, must not be in default on any federal education loans or owe an overpayment on a federal education grant, and must meet other general eligibility requirements for the federal student aid programs. For additional information on eligibility requirements, go to the student aid eligibility page.
Additional loan types provided under the Direct Loan Program, include Direct Stafford Loans (for undergraduate and graduate students), Direct PLUS Loans (for graduate and professional degree students), and Direct Consolidation Loans (to combine federal education loan debts into a single loan).
Note: Before July 1, 2010, Stafford, PLUS, and Consolidation Loans were also made by private lenders under the Federal Family Education Loan (FFELSM) Program. As a result of recent legislation, no further loans will be made under the FFEL Program beginning July 1, 2010. Instead, all new Stafford, PLUS, and Consolidation loans will come directly from the U.S. Department of Education under the Direct Loan Program.
BioHealth College is VA Approved
BioHealth College is honored to be approved by the California State Approving Agency for Veteran’s Affairs to provide training under chapters 30, 35, 38, 106 and 1606. Please visit: www.gibill.va.gov.
Contact BioHealth College's Financial Aid Department
Please fill out the brief form below to request more information from BioHealth College's Financial Aid Department.
You may, alternatively call us at 408.428.0208 to schedule an appointment.
Request Financial Aid Information
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Directions to BioHealth College Campus
BioHealth College's Campus is centrally located in the heart of Sillicon Valley with easy access by light rail.