FEDERAL STUDENT AId

 
 

Capitol Beauty School is a proud participant in federal student aid programs

 

eligibility for federal student aid is determined by the student’s completion of the free application for federal student aid (FAFSA). by completing this form, you are submitting required information to the department of education to determine your federal student aid eligibility. Applications must be completed every year in order for capitol beauty school to determine your federal and state eligibility for awards included on this page, as well as state aid.

 

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Complete the 2024-2025 fAfsa


Click the button below to get started on the fafsa

you will need a studentaid.gov account to complete the fafsa

 

Please note that studentaid.gov accounts take up to three days to finalize. we strongly recommend waiting until after this time to start your fafsa.

you will need a studentaid.gov account for yourself and any contributors listed on your fafsa.

 

need help completing the fafsa?

 

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Gift aid

  • The Pell Grant is the largest federal grant program offered to undergraduates, and is designed to assist students from low-income households. A Federal Pell Grant does not have to be repaid, except under certain circumstances. To qualify for a Pell Grant, a student must demonstrate financial need through the FAFSA form.

    Pell Grant awards are available to students that have not yet achieved a bachelor's degree.

    Students are limited to six years of Pell Grant eligibility.

    Pell Grant awards are funded on an annual basis by Congress, and may fluctuate from year-to-year. The maximum pell grant award for the 24-25 award year is $7,395.

 

federal student loans

  • A Direct Subsidized Loan is a type of federal student loan where a borrower isn’t generally responsible for paying interest while actively attending school, during their grace period (six months after graduating or falling below half-time enrollment), or during periods of deferment.

    To apply for a federal student loan, you must first complete and submit a FAFSA form. Any loans that you are eligible for will be included in your financial aid package and will be discussed with you during your initial financial aid meeting.

    Before we process your student loans, you will be required to:

    • Complete Entrance Counseling

    • Complete a Master Promissory Note

    The current interest rate for Direct Subsidized Loans disbursed during the 2024-2025 award year is 6.53%.

  • Unsubsidized loans are available to undergraduate, graduate, and professional students regardless of financial need.

    Borrowers are responsible for paying all interest that accrues on an unsubsidized loan up until the full balance of the loan has been paid.

    To apply for a federal student loan, you must first complete and submit a FAFSA form. Any loans that you are eligible for will be included in your financial aid package and will be discussed with you during your initial financial aid meeting.

    Before we process your student loans, you will be required to:

    • Complete Entrance Counseling

    • Complete a Master Promissory Note

    The current interest rate for Direct Unsubsidized Loans disbursed during the 2024-2025 award year is 6.53%.

  • Direct PLUS Loans are federal loans that parents of dependent undergraduate students can use to help pay for their student's education.

    Direct PLUS loans accrue interest continuously throughout the life of the loan, including while the student is enrolled in school.

    Applications for the Parent PLUS loan must be completed separately on the studentaid.gov site. Parent borrowers will be required to complete a Master Promissory Note for their loan to be processed.

    The current interest rate for Parent PLUS loans disbursed during the 2024-2025 award year is 9.08%.

 

capitol beauty school is not a participant in the perkins loan, fseog, or federal work study programs.