Financial Aid

The financial services Department of MediaTech Institute works to assist students and families in obtaining the financial assistance needed to pursue their education and careers goals. Our Financial Aid Advisors are here to help students and parents understand the financial aid programs, assist in completing federal aid applications and assess educational expenses. Once the federal aid application process is complete a Financial Aid Advisor will evaluate eligibility and review the information with the students and their families. Financial Aid packages are unique for each student. Each package depends on their specific needs, eligibility and the decisions made during the process. Federal financial aid may not cover the entire cost of the programs. Financial Aid is available for those who qualify.

THE FOLLOWING FINANCIAL ASSISTANCE PROGRAMS ARE CURRENTlY AVAILABLE TO THOSE WHO QUALIFY

FEDERAL STUDENT AID
Reference Links: fafsa.ed.gov

To access or sign up for Federal Aid you can click on the link below to fill out the application. A Financial Aid Specialist is happy to assist you, so please contact us today to allow us to answer any questions or walk you through the process.

Dallas school code – 041298
Houston school code – E01599

FEDERAL PELL GRANT

Reference Links: StudentAid.ed.gov | StudentLoans.gov/myDirectLoan

Considered “gifts” and do not have to be repaid
Eligibility is determined through standard US Department of Education Formula and is awarded based on financial need.

DIRECT SUBSIDIZED STAFFORD LOANS

Low-interest loan
The lender is the Department of Education
For students with financial need as determined by federal regulations
No interest is charged while student is in school at least half time

DIRECT UNSUBSCRIBED STAFFORD LOANS

Low-interest loan
The lender is the Department of Education
Not need-based
Interest is charged during all periods

DIRECT PARENT-PLUS LOANS

Low-interest loan
Available to parent of dependent students
Parent applicants are subject to a credit review by a national credit bureau
Interest is charged during all periods

SALLIE MAE SMART OPTION LOAN

Credit based loan
A non-federal education loan
Additional money for living expenses may be obtained through this loan
May have differing origination fees, interest rates, and repayment options

PRIVATE CAREER TRAINING LOAN

Credit based loan
A non-federal education loan
Interest rates, repayment terms and fees vary

G.I. BILL^® & TUITION ASSISTANCE
Reference: Vets.gov/education | GIbill.va.gov | 877-823-2378

As a military-friendly institution, MediaTech Institute accepts many forms of veterans’ assistance including, but not limited to:

Montgomery GI Bill
Post-9/11 GI Bill
Chapter 31 Benefits
Chapter 35 Benefits
Chapter 33/1606
Military Spouse Tuition Assistance

Benefit coverage varies from full to partial tuition assistance. Assistance may be available for books, fees and housing allowances.

Students eligible for VA benefits should contact the Financial Services Department before registration. For GI Bill students (Chapter 30, 33, 35, and 1606), all transcripts from any other previous college or institution attended will be required and must be submitted before the school will send certification of enrollment to the VA. The Veterans Administration determines eligibility for benefits, and will make payments to students directly upon certification. If you are eligible for VA benefits, you will register and pay tuition in the same manner as non-veteran students. Once your paperwork has been processed through the VA, you must certify your enrollment monthly through the VA website at http://www.gibill.va.gov or by calling 877-823-2378.

How to Apply: To apply for benefits through the VA, visit: Vets.gov/education/

Once the student’s application is processed, they can also log back in and print a Certificate of Eligibility at this site. Students must verify monthly enrollment with the VA in order to receive their monthly payment. Typically, students can either call the VA or verify online.

AGENCY / TRIBAL FUNDING

MediaTech Institute proudly works with agencies and we stand ready to assist with your application and any questions the agency may have. We can also provide your counselor or agency representative with voucher or invoices. Please let us know on your application that you are working with a particular agency and we will be glad to interface directly.

WHERE CAN I FIND MORE INFORMATION ON FINANCIAL AID?

Application for Federal Financial Aid – fafsa.gov
Federal Student Aid Site – studentaid.ed.gov
FSA User ID, Financial Counseling, Master Promissory Note, Repayment Estimator and more –studentloans.gov
National Student Loan Data System – NSLDS.ed.gov

LET US HELP YOU

At MediaTech Institute, we understand that student loans can be intimidating. That’s why we have partnered with Inceptia, a division of the National Student Loan Program, to provide you with free assistance on your student loan obligations to ensure you feel comfortable and can be successful in your loan repayment.

Inceptia may be calling to help you with next steps in your repayment journey. Their friendly counselors are there to help you every step of the way. While you are in your grace period, they might reach out to you to answer questions you may have on your repayment options. If you become delinquent on your loans, they may also contact you to help find a solution that works within your means.

The Inceptia counselors are there to help you with every step by staying in touch with you via phone calls, letters, and/or emails. They will not be collecting money from you. Inceptia’s nonprofit purpose is to help you find answers to your questions and solutions to your issues. We encourage you to visit Inceptia’s Student Loan Knowledge HQ website at HeroKnowl.org.

For questions regarding the following or any other educational questions or comments; please contact an admissions institute official. We are looking forward to serving you!

Financial aid
Enrollment
Payment amounts
Scholarships

Contact the Financial Services Department in our Dallas Campus for more information and to discuss possible payment plans and private loan options.

Students receiving federal financial aid must maintain satisfactory academic progress to remain eligible for continuing financial assistance. Our student services department will provide information about our Satisfactory Academic Progress Policies.

MediaTech’s Financial Services Department is dedicated to helping students and their parents apply for and obtain the financial aid they may need to pursue their education and career goals. In addition to Federal Financial Aid, Private Loan and payment plan options are available for students left with any tuition balance not covered by Federal Aid or for students not eligible for financial aid. Contact us today if you have any questions along the way. One of our financial and federal student aid specialists would be happy to assist and help you through the process.

CASH COURSE

MediaTech Institute is proud to announce that we are offering free financial resources via the CashCourse Student Portal. This portal can be found at www.cashcourse.org and is a 100% free tool for college students just like yourself who may need resources, tools, or advice on topics such as:
 Student Loan Repayment
 Creating a Budget
 Starting a Savings Plan
 Tax Filing Assistance
 Credit Report Repair
 Connect with and Speak to Financial Experts
 And many, many other topics!

Once on the CashCourse website; simply create an account, and you will be taken to the CashCourse Dashboard where you will find all of the resources available at your fingertips! This portal is very helpful both during and after your education!

Simply select “What do you want to learn about?” from the dashboard home screen and utilize the tools under “Pay for Education” for beneficial tips on preparing for student loan payments,
avoiding loan default, and options for student borrowers during those difficult financial times.